article thumbnail

Skills become the new currency for workforce transformation

Future CFO

Skills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to the 2021 Mercer Global Talent Trends survey target upskilling and reskilling of critical talent pools to drive workforce transformation, Mercer said recently. What is a skills-based approach?

article thumbnail

Stablecoins Could Be The Currency Of Choice For Money Launderers, Terrorists

PYMNTS

Stablecoins, the virtual currencies which seek price stability, could be the next target for money laundering and terrorist financing, a report found. The group said it was worried that the potential widespread adoption of stablecoins would be outside regulatory agencies and make it easier for criminals to break the law with the currency. “If

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Market gives thumbs up to Budget 2022

CFO News Room

But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. The government’s record borrowing plans for the next financial year sent benchmark bond yields to two-and-a-half years high. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03

Budgeting 130
article thumbnail

Crypto Gets A Second Look From Corporate Investors Seeking Yield And Hedge

PYMNTS

As much as Bitcoin and other cryptocurrencies have attracted scrutiny from the Department of Justice and still lack mainstream acceptance, Voyager’s portfolio of so-called “stablecoins” (which are linked to an underlying currency such as the U.S. Ehrlich said stablecoins, including the U.S. Establishing Trust And Confidence.

Treasury 129
article thumbnail

Final countdown for Libor has begun

Future CFO

The decision follows a consultation in Dec 2020 led by ICE Benchmark Administration, which compiles and oversees the daily rate. Like the case in other currencies, the US replacement is also a new rate instead of an enhanced existing rate. Hong Kong is also developing an alternative rate. As of Sep 2020, there were HK$4.8

article thumbnail

Bond Yields Surge in Europe as Old Jitters Return

CFO News Room

The benchmark 10-year U.S. The spread between the Italian bond yield and the German benchmark, considered a barometer of financial stress in the region, rose to its highest level in over 18 months. . Government bond yields surged world-wide after a strong report on the U.S. It was at 1.25% at the start of the week. on Friday.

article thumbnail

Thailand’s interest rate at record low

Future CFO

The Bank of Thailand has recently cut its benchmark interest rate again. Thai investors can trade gold in foreign currencies. Down by a quarter-percentage point, the key rate is now at 1.25%. It was the country's second cut in three months to rein in the stronger Baht, which has gained more than 8% again the US dollar in the past year.