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A key measure of market volatility is surging in early trading Tuesday after a triple-digit percentage move the previous day. The CBOE Volatility Index, or VIX, is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. It’s sometimes called the “fear gauge.” …

Susana Gonzalez | Bloomberg | Getty Images Agustin Carstens, general manager of the Bank for International Settlements (BIS). The general manager of the Bank for International Settlements (BIS) has savaged bitcoin as a “combination of a bubble, a Ponzi scheme and an environmental disaster.” Augustin Carstens questioned Tuesday the sustainability …

Saheli Roy Choudhury | CNBC The Black Eagles, an aerobatic demonstration team belonging to the South Korean Air Force, was set to perform a flight display at the Singapore Airshow on Feb. 6, 2018. A South Korean aircraft slipped and crashed during take-off on Tuesday at Singapore’s Changi Airport, the …

Balint Porneczi | Bloomberg | Getty Images Pedestrians pass a branch of BNP Paribas SA bank in Paris, France. “If I look at the bottom line it clocked in at 7.8 billion euros, up 4 percent, and a dividend of 3.02 euro per share,” he said, adding that the bank …

Brent Lewin | Bloomberg | Getty Images Haruhiko Kuroda, governor of the Bank of Japan (BOJ) Bank of Japan Governor Haruhiko Kuroda said on Tuesday the fundamentals behind stock prices remained solid as the Japanese, U.S. and European economies were in “very good shape.” “The recovery (in these economies) is …

Roslan Rahman | AFP | Getty Images Malaysia’s Prime Minister Najib Razak with Singapore’s Prime Minister Lee Hsien Loong on January 16, 2018. Prime Minister Najib Razak said on Tuesday that Malaysia and Singapore are working on establishing a trading link between the exchanges of both countries. “A regulatory arrangement …

Investors’ minds quickly turned to a more aggressive central bank and the prospect of a faster pace of interest rate hikes. “I’m not worried about this move. This is all a Fed move,” said Joe LaVorgna, chief economist for the Americas as Natixis. “If you don’t think there’s inflation and …

An exchange-traded security which is supposed to be a bet on calm markets was collapsing after hours. The VelocityShares Daily Inverse VIX Short-Term exchange-traded note (XIV) is down more than 80 percent in extended trading Monday. The security, issued by Credit Suisse, is supposed to give the opposite return of …

Christophe Morin | Bloomberg | Getty Images A cyclist passes the entrance to the La Maison du Bitcoin bank in Paris, France, on Thursday, Nov. 23, 2017. Bitcoin dropped Monday below $7,000 to its lowest in more than two months. The digital currency fell 14.6 percent to $6,988.85, its lowest …

Bitcoin’s rapid tumble from December records comes amid a slew of negative headlines pushing back against cryptocurrencies’ advancement into established financial markets. In the latest blow, J.P. Morgan Chase, Bank of America and Citigroup said Friday they decided not to allow customers to buy cryptocurrencies with the companies’ credit cards. …