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Blockchain Revolution Series

European banks execute first live trade transactions on we.trade blockchain platform

Jul 03, 2018 06:03 am UTC| Digital Currency Fintech

Blockchain consortium we.trade has announced that the first live trade transactions have been conducted on its platform. Officially launched in October 2017, we.trade is an initiative by a group of banks including...

Initial Coin Offering Series

PWC in collaboration with Swiss-based Blockchain ecosystem highlights recent trends in ICO marketplace and regulatory developments in Q2

Jun 29, 2018 09:06 am UTC| Research & Analysis Digital Currency Insights & Views Fintech Commentary

The PwC Strategy in collaboration with the Crypto Valley Association (CVA), a not-for-profit established to foster the growth of the blockchain ecosystem in Switzerland, has published the June 2018 edition of their...

Blockchain Revolution Series

39 firms complete KYC trial on R3’s Corda blockchain platform

Jun 29, 2018 03:28 am UTC| Digital Currency Fintech

A number of member firms of the R3 blockchain consortium have recently completed a Know Your Customer (KYC) trial. During the four-day collaborative trial, 39 firms, including the likes of BNP Paribas, ABN AMRO, and...

Digital Currency Revolution

Central bank digital currencies could pave the way for more stable financial system: EU report

Jun 28, 2018 09:10 am UTC| Digital Currency Fintech

In a new report, the European Parliaments Economic and Monetary Affairs Committee has stated that central bank digital currencies (CBDCs) could lead to a more stable financial system. According to the report,...

Blockchain Revolution Series

India’s Kotak Mahindra Bank joins Ripple’s blockchain network

Jun 28, 2018 03:34 am UTC| Digital Currency Fintech

India-based Kotak Mahindra Bank is the latest financial institution to join RippleNet, Ripples enterprise blockchain network. Kotak will use Ripples settlement solution, xCurrent, to provide its customers with real-time...

Initial Coin Offering Series

Digital Currency Revolution

What Drives Facebook to Liberalise Ban on Cryptocurrency Advertising

Jun 27, 2018 05:51 am UTC| Digital Currency Research & Analysis Fintech Insights & Views Commentary

Facebook appears to have loosened their restrictions on Cryptocurrency and ICO space, at least for a lucky few pre-approved platforms and exchanges. Facebook is recognizing the fact these are seemingly regulated securities...

Blockchain Revolution Series

Sri Lanka’s Sampath Bank rolls out blockchain-based gifting mobile app

Jun 27, 2018 03:31 am UTC| Digital Currency Fintech

Sampath Bank, a Sri Lankan commercial bank, has launched a blockchain-based banking solution in the country, according to Daily News. The new solution, Sampath igift, is a person-to-person gifting mobile app. It will...

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Economy

Australia Seeks Clarity on Trump’s 200% Tariff Threat on Pharma Exports

Australia is urgently seeking clarification on U.S. President Donald Trumps proposed 200% tariffs on pharmaceutical imports, which could severely impact one of Australias key export sectors. Treasurer Jim Chalmers...

Malaysia Stays Optimistic Amid U.S. Tariff Talks, Seeks Win-Win Deal

Malaysias Minister of Investment, Trade and Industry, Tengku Zafrul Aziz, said the country has no plans to retaliate against the 25% tariff imposed by the United States on its exports. Speaking at the Reuters NEXT Asia...

Asian Currencies Slide Amid Trump Tariff Warnings and RBNZ Hold

Asian currencies weakened on Wednesday as markets braced for further U.S. trade tariffs and digested signals from the Reserve Bank of New Zealand (RBNZ) and Chinese inflation data. The U.S. Dollar Index climbed 0.2% during...

New Zealand Holds Rates at 3.25%, Signals Possible Cut in August

The Reserve Bank of New Zealand (RBNZ) held its benchmark interest rate steady at 3.25% on Wednesday, citing ongoing near-term inflation risks. However, policymakers indicated that further rate cuts remain likely if...

Oil Prices Dip as U.S. Crude Stocks Surge, Markets Brace for Trump’s Tariff Moves

Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an unexpected spike in crude stockpiles. Brent crude futures for September delivery fell 0.3% to...

Politics

Kevin Hassett Emerges as Leading Contender to Replace Fed Chair Powell

White House economic adviser Kevin Hassett is gaining traction as a top candidate to succeed Jerome Powell as Federal Reserve Chair, according to a report by the Wall Street Journal. Hassett, a longtime ally of President...

Chinese IT Manager Arrested in Italy Over Alleged U.S. Cyber-Espionage Ties

A Chinese national accused of state-sponsored cyber-espionage has been arrested in Italy at the request of the U.S. Department of Justice (DOJ). Xu Zewei, a 33-year-old IT manager from Shanghai, was detained on July 3 at...

Colombia Seeks Diplomatic Reset with U.S. After Coup Allegation Tensions

Colombias ambassador to the United States, Daniel Garcia Pena, returned to Washington this week in an apparent effort to ease recent diplomatic tensions. Speaking to reporters, Garcia Pena dismissed accusations of U.S....

Trump and Netanyahu Discuss Gaza as Ceasefire Deal Nears

U.S. President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu for the second time in two days, amid growing optimism over a potential Gaza ceasefire agreement. The leaders met privately for just over an...

U.S. Treasury Secretary Skips G20 in South Africa, Will Attend Osaka Expo Amid Trade Tensions

U.S. Treasury Secretary Scott Bessent will not attend next weeks G20 finance ministers and central bank governors meeting in South Africa, marking his second absence from a G20 gathering in the country this year. According...

Science

FDA Lifts REMS Requirement for CAR-T Cell Cancer Therapies

The U.S. Food and Drug Administration (FDA) has removed the Risk Evaluation and Mitigation Strategies (REMS) requirement for all currently approved CAR-T cell therapies, a move expected to improve patient access to these...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

CDC Vaccine Review Sparks Controversy Over Thimerosal Study Citation

A presentation on thimerosal, a mercury-based vaccine preservative, set to be delivered to the CDCs advisory committee has come under scrutiny for referencing a non-existent study. The report, Thimerosal as a Vaccine...

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

Technology

Super Micro to Expand AI Server Manufacturing in Europe Amid Soaring Demand

Super Micro Computer Inc. (NASDAQ: SMCI) plans to significantly expand its AI server manufacturing operations in Europe, according to CEO Charles Liang in a recent CNBC interview. The move comes as demand for artificial...

Google Doubles Down on AI Infrastructure Amid Global Tech Shifts

Google is prioritizing investments in AI infrastructure as it pushes forward with its long-term artificial intelligence strategy, according to Eunice Huang, Head of AI and Emerging Tech Policy for Google APAC. Speaking at...

Meta Invests $3.5B in EssilorLuxottica to Advance AI Smart Glasses

Meta Platforms Inc. (NASDAQ: META) has acquired a nearly 3% stake in EssilorLuxottica SA (OTC: ESLOY), valued at approximately $3.5 billion, as part of its growing push into AI-powered smart glasses, according to Bloomberg...

SK Hynix Shares Surge on AI Memory Chip Demand as Samsung Profit Slumps

SK Hynix (KS:000660) shares surged Tuesday after rival Samsung Electronics (KS:005930) warned of a steep drop in second-quarter profits, highlighting diverging fortunes in South Koreas semiconductor sector amid booming...

ByteDance Denies TikTok U.S. Sale to Oracle-Led Group Amid Deadline Pressure

ByteDance has denied reports that it plans to sell TikToks U.S. operations to a consortium led by Oracle Corporation (NYSE:ORCL), according to Chinese media on Tuesday. Speculation had surfaced that Oracle was leading a...