U.K. stocks held steady on Thursday ahead of a policy meeting of the Bank of England (BoE) later in the day. The central bank is set to hold its policy rate flat for a sixth meeting in a row, with focus likely to be on the MPC vote split, inflation outlook and Governor Andrew Bailey\'s...
Turkey’s Misyon Bank has announced its partnership with Swiss firm Taurus to leverage its digital asset custody and tokenization technology. The neobank, established just a year ago, aims to position Turkey as a regional center of excellence for custody services and tokenization, according to a report from local media outlet BThaber. Taurus is a renowned player...
Estimates from Aspen Digital state that 76% of private wealth managers in Asia have ventured into the cryptocurrency space, while another 16% are still considering investments.The primary motivation for this shift is the potential for higher returns, but an increasing number of respondents are also attracted to the diversification benefit. Aspen Digital, an innovative digital...
1stdibs.com, Inc. (NASDAQ:DIBS), a leading online marketplace for luxury goods, has reported a recent stock transaction by one of its top executives. Matthew Rubinger, the company’s Chief Commercial Officer, has sold a total of 3,097 shares of common stock at a price of $6.0053 per share, amounting to over $18,598 in value. The sale took...
Graha Layar Prima Tbk (BLTZ), the managing company of CGV theatre network in Indonesia, booked net profit of IDR 9.87 billion in the first half (H1) of 2024. Said number contrasted with BLTZ’s record in H1 2023, in which the company lost IDR 6.09 billion. According to the recently issued financial report, BLTZ’s profitability in...
European stocks may open flat to slightly higher on Monday as a surprise rate cut by China\'s central bank saw investors expecting near-term improvement in economic momentum. Investors are also likely to watch U.S. political developments closely after President Joe Biden said he is standing down and will not run for re-election. Biden offered his...
Bitcoin mining equipment manufacturer Auradine has raised $80 million in a Series B funding round to expand its footstep in blockchain, security, and artificial intelligence industries. According to a recent announcement from Auradine , this round saw participation from new investors including StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital, in addition...
Russias central bank raised its benchmark rate by larger-than-expected 200 basis points and also hinted at another hike next month as inflation expectations increased and additional fiscal spending lifted proinflationary effects. The board of directors, led by Governor Elvira Nabiullina, raised the key rate to a record 21.00 percent from 19.00 percent. The bank has...
Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company\'s common shareholders for the first quarter increased to $3.27 billion or $2.02 per share from $2.84 billion or $1.70 per share in the year-ago quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings of...
Mt. Gox moved 500 BTC to two addresses, sparking speculation about creditor payments.Unconfirmed Mt. Gox BTC transfers raise questions on potential sell-offs impacting the market. Mt. Gox sent 500 Bitcoin (BTC), valued roughly $35.04 million, suddenly to two anonymous addresses at exactly 0:42 UTC on November 1, 2024, according to Arkham. Particularly, 31.78 BTC was...