In a significant move aiming to reshape traditional financial systems, Ripple has partnered with OmniNetwork to address tokenization's challenges and expand on-chain economy capabilities. Leveraging its XRP Ledger (XRPL), Ripple is at the forefront, intent on disrupting established financial
In the realm of mortgage transactions, a significant shift is occurring, with more borrowers facing longer mortgage terms that extend beyond retirement age. Research by Steve Webb, a former pensions minister, reveals that 40% of new mortgages in the second quarter of 2024 are projected to extend
As we approach 2025, Asia-focused asset managers are navigating a complex and evolving landscape. This article delves into the critical trends and issues that will shape their strategies and decisions in the coming years. From geopolitical shifts to regulatory changes, and from China's
The recent US investment ban on China, particularly targeting sectors like artificial intelligence (AI), semiconductors, and quantum computing, marks a significant shift in the regulation of outbound investments. Spearheaded by the Biden Administration, this policy aims to address national security
Millions of Baby Boomers are rapidly reaching retirement age in a phenomenon often referred to as the "silver tsunami," which has resulted in a renewed focus on how this generation feels about their finances. According to Charles Schwab’s Modern Wealth Survey, a significant 66% of Boomers
In the face of climbing inflation rates and the ongoing cost-of-living crisis, Canadians are feeling the squeeze, prompting many to turn their attention to intergenerational wealth transfers as a potential financial safeguard. A recent survey conducted by Vanguard Investment Canada Inc. has