The Hong Kong stock market on Monday ended the two-day slide in which it had fallen more than 140 points or 0.7 percent. The Hang Seng Index now rests just above the 19,880-point plateau and its called higher again on Tuesday. The global forecast for the Asian markets is upbeat, with technology stocks expected to...
The Thai stock market on Monday wrote a finish to the two-day slide in which it had stumbled almost 35 points or 2.8 percent. The Stock Exchange of Thailand now sits just above the 1,385-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is upbeat, with technology...
New Zealand posted a merchandise trade deficit of NZ$437 million in November, Statistics New Zealand said on Friday. That was far better than forecasts for a shortfall of NZ$1.951 billion following the NZ$1.658 billion deficit in October. Exports jumped 9.1 percent on year to NZ$6.48 billion, up from NZ$5.61 billion in the previous month. Imports...
The Canadian market closed weak on Thursday, falling for the sixth consecutive session, as fears of tariff hikes, hawkish comments from the Federal Reserve, and concerns about economic slowdown rendered the mood bearish once again. Rising bond yields weighed as well. The benchmark S&P/TSX Composite Index settled with a loss of 143.06 points or 0.58%...
ChinaAMC HK launched a tokenized money market fund on Ethereum, offering new investment opportunities for retail investors in Asia-Pacific.The fund aims to improve liquidity and accessibility while integrating digital assets into traditional finance through blockchain-based solutions. China Asset Management Hong Kong (ChinaAMC HK) has launched a HKD-based digital money market fund, claiming to be the...
Sandy Carter drives Unstoppable Domains to revolutionize digital identity ownership through blockchain, ensuring users maintain lifelong control over their domains.She advocates for inclusivity in Web3, leading initiatives to empower women in blockchain and expand access to digital identity solutions. Sandy Carter had never pictured herself at the vanguard of the Web3 revolution when she was...
ARK Invest’s 2,300 BTC inflows signal strong institutional confidence, reinforcing Bitcoin’s role in major investment portfolios.Market indicators reacted positively to ARK Invest’s BTC acquisition, suggesting increased institutional demand and growing interest in Bitcoin’s future. ARK Invest is again in the news after seeing net inflows of 2,300 BTC, valued around $196.26 million. This update upholds...
Swiss National Bank President Martin Schlegel rejects Bitcoin as a reserve asset, citing its volatility and security risks for central banking.Despite global adoption, SNB prioritizes stability and liquidity, dismissing Bitcoin due to cybersecurity concerns and rapid price fluctuations. Martin Schlegel, President of the Swiss National Bank (SNB), has firmly rejected the idea of central banks...
JAKARTA – Bank Indonesias (BI) decision to keep interest rates unchanged is expected to lead to a steady offloading trend in Indonesia’s stock market as the year comes to a close. According to Bella Ghassany, Investment Analyst at Indoasia Asset Management, BI maintained the interest rate at 6% yesterday, primarily to stabilize the value of...
JAKARTA – PT Sinergi Inti Andalan Prima Tbk (INET) is projecting revenue of IDR 42.02 billion for 2025, marking a 20% increase from the expected revenue of IDR 35.02 billion by the end of this year. Muhammad Arief, President Director of INET, expressed optimism about the companys revenue growth next year. This growth is supported...