A consortium of leading German banks, including DZ Bank, LBBW, Deutsche Bank, and Bankhaus Metzler, acted as bookrunners for the bond. This broad syndicate ensured participation from cooperative banks, public banks, and private commercial banks – three pillars of the German banking system. Anchor investors such as Berliner Volksbank, Deka Bank, and Union Investment also...
Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds. Following the compromise, Unizen pledged to reimburse affected users who lost up to $750,000, aiming to restore confidence in its platform and uphold its commitment to user...
By Ross Kerber (Reuters) - Institutional Shareholder Services (ISS), the influential proxy adviser majority owned by Deutsche Boerse (ETR:DB1Gn) that recommends how shareholders should vote in corporate elections, will offer a new \"ESG skeptic\" option, according to executives. The new offering is \"in keeping with our longstanding mission to provide a wide array of voting...
The Terra blockchain suffered a security breach that resulted in the unauthorized access and theft of millions of tokens. The exploit targeted a vulnerability within a third-party module known as IBC hooks, a crucial component facilitating cross-chain contract calls and token movements within the network, crypto researcher Rarma said in a recent post on X....
The British pound weakened against other major currencies in the European session on Wednesday, after data showed that the U. U.K. inflation turned softer than anticipated in July. The slower-than-expected inflation for July, spurred expectations among traders about further interest-rate cuts by the Bank of England (BoE). Data from the Office for National Statistics showed...
Jaya Real Property Tbk (JRPT), a property developer, has realised 75% of tis capital expenditure (capex) set for the fiscal year (FY) 2024. Yohannes Hengky Wijaya, Vice President Director of JPRT, mentioned that the company has prepared capex budget of IDR 400-500 billion this year. “As of now, it has been [realised by] 70-75%,” he...
10X Research CEO Markus Thielen warns that buying the dip on Bitcoin is “too risky” post-crash. Meanwhile, other analysts point towards signs of stabilization. Bitcoin experienced a massive downturn on Monday, causing chaos in the crypto market and prompting analysts to reassess trading strategies. The bloodbath resulted from a complex interplay of factors, including the...
The services sector in China continued to expand in June, although at a slower pace, the latest survey from Caixin showed on Wednesday with a service PMI score of 51.2. That\'s down from 54.0 in May, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Central to the latest expansion...
JAKARTA. PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year. From said budget, around IDR 10 billion had been realised in the first half (H1) of 2024. Agus Susanto, President Director of GPRM, mentioned that this year, the company projected its...
BTC has dipped by 0.5% in the past 24 hours, with the Bitcoin price touching $65,617 on a day when the crypto market as a whole has fallen by 2%. The original cryptocurrency has now lost 2.5% in the last seven days, as well as 5% in the past fortnight, following a recent loss of...