| Mobile Web

Search results for BDC

Finance

Youth Future Savings applications begin, focus on young adults\' fund flows

Applications for the Youth Future Savings policy savings product began on Sunday, drawing attention to whether young adults\' money will extend beyond deposits and instalment savings into individual savings accounts (ISA) and domestic investment products. The product offers a 3-year fixed rate with maximum rates of 7 to 8 percent. Interest in ISA accounts is also rising, while overlap limits among youth-targeted products could affect demand.

Crypto

Bitcoin investment spreads to U.S. politics as BlackRock IBIT purchase filing draws attention

U.S. Republican Representative Sheri Biggs disclosed that her spouse bought about $250,000 of BlackRock’s spot bitcoin ETF, IBIT, in a March 4 trade. A filing submitted to the House clerk showed the purchase ranged from $100,001 to $250,000 and was made through a professionally managed spouse account at UBS Financial Services. The disclosure comes as the Senate considers bitcoin-related legislation, including a proposal for the Treasury to buy 1 million bitcoins over five years.

Finance

Hwang Seong-yeop, Korea Financial Investment Association chief, says golden time to level up capital markets

Hwang Seong-yeop (황성엽), head of the Korea Financial Investment Association, presented a 10-year blueprint for South Korea’s capital markets and five priority tasks on his 100th day in office. He plans to improve market structure by supporting innovative companies, overhauling retirement pensions, expanding wealth management, driving digital finance innovation and strengthening global competitiveness. He also highlighted possible passive inflows tied to WGBI inclusion and measures to improve foreign investor convenience.