Hong Kong Web3 Festival wraps up with Bitcoin boom and ETF hopes
Hong Kong’s recent Web3 Festival buzzed with enthusiasm as industry leaders and enthusiasts gathered to discuss the future of cryptocurrencies, particularly bitcoin. The festival concluded [more…]
Swiss government steps up oversight of UBS and other big banks
In a move to prevent a repeat of the Credit Suisse collapse, Switzerland has announced stricter capital requirements for UBS and other systemically relevant banks. [more…]
J&J dives deeper into heart health with Shockwave Medical acquisition
In a move set to expand its range of medical devices dedicated to heart disease treatment, Johnson & Johnson has announced its agreement to acquire [more…]
Zimbabwe introduces new currency backed by gold and foreign reserves in effort to curb inflation
In a bid to stabilize its economy and combat soaring inflation, Zimbabwe is taking a bold step by introducing a new currency backed by gold [more…]
Monochrome Asset Management files for Australia’s first spot Bitcoin ETF with Cboe Australia
Monochrome Asset Management, a prominent player in the Australian financial landscape, recently made headlines by applying for a groundbreaking spot bitcoin exchange-traded fund (ETF) with [more…]
Northeast shaken as 4.8 magnitude earthquake rattles Washington, DC to New York City
Unexpectedly, the ground beneath the northeast shook Friday morning, leaving residents from Washington, DC to New York City to New England feeling the tremors. The [more…]
Nvidia partners with Indosat Ooredoo Hutchison to establish A.I. center in Indonesia
Nvidia, the U.S.-based tech giant, is set to establish a $200 million artificial intelligence center in Indonesia, in collaboration with local telecommunications leader Indosat Ooredoo [more…]
Kering expands Milan presence with $1.4 billion purchase of Via Montenapoleone building
Kering, the French luxury group behind iconic brands like Gucci and Saint Laurent, is expanding its footprint in the heart of Milan’s exclusive shopping district [more…]
BOJ strategist expects gradual rate hikes, downplays currency impact on policy
In the intricate dance of monetary policy, the Bank of Japan (BOJ) has managed to navigate a delicate path away from its extensive stimulus program. [more…]
Chery makes history as first Chinese EV maker to establish a plant in Vietnam
In a move that signals the burgeoning electric vehicle (EV) market in Vietnam, automaker Chery has inked a landmark joint venture agreement with local company [more…]