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Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tesla (NYSE: TSLA) has cut the financing rates for its new Model Y in the US. While it is usual for the company to offer incentives towards the end of the quarter, this… Continue reading Tesla Cuts Model Y Financing in New Signs of Demand Slowdown
At a recent BRICS meeting in Rio de Janeiro, foreign ministers discussed steps to reduce reliance on Western financial systems.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On May 4, the Maldives signed a deal with Dubai‑based family office MBS Global Investments to invest over $8 billion in a new financial-free zone called the Maldives International Financial Centre (MIFC). The project will cover 830,000 square-meter and focus on… Continue reading Maldives Bets Big on Crypto with $8.8 Billion Financial-Free Zone
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Amazon (NYSE: AMZN) released its Q1 2025 earnings yesterday after the close of markets. While the company beat Q1 earnings estimates, its Q2 guidance spooked investors. Here are the key takeaways from the… Continue reading Amazon Provides Soft Guidance Amid Tariff Uncertainty
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its decision on May 1 to restrict the Huione Group’s access to the American banking system after tracing roughly $4 billion in illicit funds through the Cambodian… Continue reading U.S. Treasury to Block Cambodia’s Huione From Banking Services Over $4B Laundering
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bitcoin-focused technology firm Blockstream has announced a strategic move to spin off its mining and ASIC (Application-Specific Integrated Circuit) divisions into separate entities. This decision follows a successful $210 million funding round led… Continue reading Blockstream Restructures Mining and ASIC Divisions to Boost Bitcoin Scalability and Investor Confidence
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled. The agency is concerned that dormant exchanges could be used… Continue reading AUSTRAC Tells Dormant Crypto Exchanges to Cancel Licences Over Fraud Risk
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On April 28, Abu Dhabi institutions announced plans to launch a Dirham-pegged stablecoin under full regulation by the United Arab Emirates (UAE) central bank. The initiative is part of a larger push to… Continue reading Major Abu Dhabi Institutions Unite to Launch Dirham-Pegged Stablecoin
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Bitcoin has started to behave like traditional safe-haven assets, such as gold, after former President Donald Trump announced new tariffs on April 2. According to a report from New York Digital Investment Group… Continue reading Trump’s Tariff Chaos Strengthens Bitcoin’s Store of Value Appeal: NYDIG
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. According to reports, India’s Air India is in talks with Boeing to take deliveries of 10 planes after Chinese carriers refused to take deliveries. India is among the fastest-growing airline markets and might… Continue reading India Could Come to Boeing’s Rescue as Chinese Carriers Stop Deliveries
