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The W3tr subsidiary in Sweden, EQT Partners, will be purchased by the SK security firm.
SK will maintain its position as the joint operation's second-largest shareholder and has dismissed the possibility of a significant command shift. According to reports from Monday, South Korean security company SK Shield us will be acquired by EQT Partners, a private equity fund managed by S...
When discussing the Stan Original Film Transfusion, Phoebe Tonkin remarked that Sam Worthington's close bond with his sons was a "invaluable asset”
Transfusion, a Stan Original Film launching exclusively on Stan on January 20, has been discussed by Australian actress Phoebe Tonkin. Ryan Logan, played by Sam Worthington (Avatar: The Way of Water), is a former SAS member who is dealing with post-traumatic stress disorder (PTSD) after leaving t...
Borouge Plc's $2 billion initial public offerings are collecting interest from BlackRock Inc. and Fidelity Asset Management
According to persons familiar with the situation, UAE chemical company Borouge Plc's $2 billion initial public offerings are receiving interest from BlackRock Inc. and Fidelity Asset Management, as fund managers scramble for a piece of the newest hot Middle Eastern listing.
Accordin...
With a BAS tie-up, BNY Mellon enters Singapore's digital asset market
The Blockchain Association of Singapore (BAS) established a cooperation with BNY Mellon, an American banking giant, on Wednesday. According to the agreement, the latter will join BAS as a strategic collaborator.
The partnership between BAS and BNY comes amid a generally rigorous regulat...
TP ICAP launches crypt ETPs
Highlights:
- TP ICAP has already executed the first trade with Wall Street heavyweight Goldman Sachs.
The world's renowned inter-dealer broker has launched a range of crypto-exchange related products for its European clients with fresh digit...
Pantera’s Bitcoin Feeder Fund touches a $63.7 million funding
An American hedge fund, Pantera Capital that manages more than $6.4 billion in its blockchain-related assets, today has now accumulated funds around $63.7 million 153 investors for its Bitcoin Feeder Fund.
Pantera Capital was founded in the year 2003, CFO Dan Morehead (By former Tiger m...
New Visa Crypto Cards to be introduced in Brazil
Hong Kong-based crypto.com is issuing Visa crypto cards for its users in Brazil. Users applying for the cards will not be charged nor will they be charged for ATM withdrawal. Unlike normal Visa credit cards these crypto Visa cards are prepaid in nature and they will have to be recharged using fia...
Brazilian Ministry Conducts New Auction for Unsold 5G Spectrum
Fábio Faria, Brazilian Communications Minister has informed that the government will be scheduling a new 5G spectrum auction. This is being carried out to sell the 26GHz frequency batches that did not attract interest.
Highlights
- Brazilian Commu...
Iran urges US to unlock US$10 billion frozen assets
Highlights
- Iran's foreign minister urges US to unlock US$10 billion frozen assets
- Amir-Abdollahian addressed the issue with Chung Eui-yong
Hossein Amir-Abdollahian has asked the United States to unlock US$10 billion of Tehran'...
Ukraine attempts to make cryptocurrency market transparent, passes bill to legalize cryptocurrency
Highlights
- Ukraine passes bill to legalize cryptocurrency
- The virtual assets in the country are estimated to be around $37,000
On September 8, the parliament in Ukraine legalized cryptocurrency. The parliament passed a law legalizing...
CHINA'S FUTURES MARKET ROSE IN APRIL; TRUST ASSETS SHRANK IN Q1
Highlights –
- China's futures market rose in April; trust assets shrank in Q1.
- Net profits and operating revenue posted double-digit growth in April.
- China’s total trust assets reached 20.38 trillion yuan at the end of the fi...
BOJ’S TOTAL ASSESTS IN FISCAL 2020 ROSE TO $6.5 TRILLION
Highlights –
- BOJ’s total assets in fiscal 2020 rose to $6.5 trillion.
- Japanese government bonds were purchased massively as part of the ultraloose monetary policy.
- The total assets rose 604.48 trillion yen from the previous year...
INDIA'S FOREX RESERVES RISE TO USD 589.465 BILLION
HIGHLIGHTS
- India's Forex Reserves have risen to US $ 589.465 billion.
- FCA of India have also increased.
- In the same period, the Gold Reserves of India also increased.
India's foreign exchange (Forex) reserves have ...
YES BANK WANTS TO BUY CITIBANK INDIA'S RETAIL ASSETS
HIGHLIGHTS
- Yes Bank is interested in buying retail assets of Citibank India.
- The India business of Citibank included credit card service, retail banking, mortgages, and wealth management.
- Citibank India also had a presence in the distributi...
CAPITAL GAINS FROM CRYPTOCURRENCIES WILL NOW BE TAXABLE IN S. KOREA
Highlights –
- Capital gains from cryptocurrencies will now be taxable in S. Korea.
- The government plans to impose a 20 percent tax on capital gains of virtual assets from 2022.
- Stock and bonds investors will have to pay taxes on capita...
CBIRC ASKS CHINESE BANKS NOT TO WITHHOLD LOANS TO HUARONG
Highlights –
- CBIRC asks Chinese banks not to withhold loans to Huarong.
- Huarong is reportedly one of China's four biggest distressed asset management companies.
- Huarong and its subsidiaries reportedly have outstanding offshore bon...
FAKE GRAYSCALE LIMITED LIABILITY TRUSTS SET UP FOR NAHMII & THETA TOKENS
Highlights:
• Grayscale investments never setups any trust without announcements
• The firm has 34 registered trusts which are all Statutory trusts unlike the fake ones which are Limited Liabilit...
INCREASE IN ETPs HELPED COINSHARE’S DRASTIC GROWTH IN Q4
Highlights:
- Europe’s largest digital asset investment firm grew in Q4 by almost 147%
- The firm started trading on Nasdaq in March 2020
That the cryptocurrency domain was one of the few sectors that minted profits even through the pandemic was pr...
CRYPTOCURRENCY BECOMES THE ASSET CLASS OF THE YEAR 2020-2021
Highlights:
• Support for bitcoin eventually pushed BTC high along with other cryptocurrencies
• 2021 has been a good year for BTC as it gained the support of many big names from the business, finance, and b...
U.S GLOBAL ASSET MANAGER BLACKROCK DE-REGISTERS FROM SHANGHAI UNIT
Highlights –
- U. S Global asset manager BlackRock de-registers from Shanghai unit.
- It voluntarily cancelled the business registration of its WFOE unit in Shanghai.
- China had opened its mutual fund industry to foreign managers last Apri...