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Kentucky accuses financial firms of boycotting energy companies

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On Tuesday, the state of Kentucky warned 11 of the largest financial companies of divestment for boycotting energy companies. The 11 financial companies that Kentucky has targeted include JPMorgan Chase & Co, BlackRock,… Continue reading Kentucky accuses financial firms of boycotting energy companies

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China’s ban on cross-border brokers dampens market sentiment

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. China imposed an order targeting cross-border brokerage platforms, but the move will result in Futu Holdings Ltd losing its clientele base. The action will also dampen the market sentiment that was already affected… Continue reading China’s ban on cross-border brokers dampens market sentiment

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Binance makes plans to complete the acquisition of South Korea’s Gopax exchange

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, the largest cryptocurrency exchange by trading volumes, plans to close the acquisition of Gopax. Gopax is one of the largest cryptocurrency exchanges in South Korea, and the closure of this acquisition deal… Continue reading Binance makes plans to complete the acquisition of South Korea’s Gopax exchange

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Deutsche Borse reports a €1.8 trillion order book turnover in the seven months of 2022

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Deutsche Borse Xetra, Borse Frankfurt, and Tradegate Exchange trading platforms reported a total order book turnover of €1.8 trillion during the first seven months of 2022 alone. This is a sharp difference from… Continue reading Deutsche Borse reports a €1.8 trillion order book turnover in the seven months of 2022

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UP Fintech Holding Ltd sees increased options sales on Friday

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Recent data indicates that there was unusual options trading activity involving UP Fintech Holding Limited last Friday, on the final trading day in 2022. According to data, traders purchased around 19,245 of UP… Continue reading UP Fintech Holding Ltd sees increased options sales on Friday

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Hong Kong’s Financial Secretary expects the real estate market to see recovery

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Paul Chan, the Financial Secretary of Hong Kong, recently commented on the state of the city’s economy, noting that he is optimistic about economic prospects in 2023. He noted that the expects the… Continue reading Hong Kong’s Financial Secretary expects the real estate market to see recovery

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Tech investments still attract VC firms despite market difficulties

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. In spite of numerous macroeconomic issues that marked the last year and are sure to continue to loom over the new year as well, it appears that venture capital firms are staying optimistic… Continue reading Tech investments still attract VC firms despite market difficulties

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Barclays appoints Tim Albers to head its FTX Strats and Structuring division

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Barclays has hired Tim Albers as the Head of FX Strats and Structuring. Albers previously served as the head of FX Structuring at Nomura. Albers will leave Nomura after serving at the company… Continue reading Barclays appoints Tim Albers to head its FTX Strats and Structuring division

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Chevron Corp gains US permission to ship two oil tankers to sanctioned Venezuela

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to recent reports, the US-based oil firm, Chevron Corp, recently sent two oil tankers to Venezuela. One of the tankers will load its first cargo of crude that will end up in… Continue reading Chevron Corp gains US permission to ship two oil tankers to sanctioned Venezuela

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Chinese regulators found two brokerages to be in violation of local rules

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Yesterday, December 30th, China’s securities regulator, the CSRC, announced that two brokerages that operate in the country — Futu Holding and UP Fintech Holding — were found to be in violation of local… Continue reading Chinese regulators found two brokerages to be in violation of local rules

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