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YES BANK invites applications for ‘YES FINTECH accelerator program

Jan 16, 2017 07:39 am UTC| Fintech

Indian private bankYES BANK announced that it has established a fintech focused business accelerator program YES FINTECH, which is a platform for the bank and fintech startups to partner and co-create innovative...

Blockchain Revolution Series

Fintech firm t0 to offer U.S. securities trading during non-U.S. trading hours

Jan 16, 2017 06:50 am UTC| Fintech

t0.com, Inc., a majority-owned subsidiary ofOverstock.com, has announced that it will offer U.S. securities trading after the close of U.S. capital markets. The announcement comes as t0 announced the formation of Blue...

SuperCharger FinTech Accelerator kick starts second cohort with 8 startups

Jan 16, 2017 06:32 am UTC| Fintech

Hong Kongs SuperCharger FinTech Accelerator, a 12-week Accelerator Program for fintech companies, has successfully kick-started its second fintech cohort on 9th January at its newly opened Cyberport FinTech Smart Space....

Northwestern Mutual announces $50M venture fund to engage fintech startups

Jan 13, 2017 07:44 am UTC| Fintech

Northwestern Mutual announced that it has designated $50 million corporate venture fund that will engage with fintech startups in a move to expand its digital offering and capabilities. Focusing on the innovation to...

QIWI joins Central Bank of Russias ‘Fintech Association amid blockchain push

Jan 13, 2017 06:41 am UTC| Fintech

Russian payment service provider firm QIWI Plc announced that it has joined the Fintech Association. The association was founded by the Central Bank of the Russian Federation recently, along with the largest Russian...

Blockchain Revolution Series

SWIFT launches proof of concept to test blockchain for real-time nostro database reconciliation

Jan 13, 2017 04:57 am UTC| Fintech

SWIFT, the global provider of secure financial messaging services, is stepping up its efforts to explore blockchain or distributed ledger technology (DLT). It has announced the launch of Proof of Concept (PoC) to...

CSI Kick Start incubator invites applications from fintech startups

Jan 12, 2017 13:03 pm UTC| Fintech

Fintech startup incubator CSI Kick Start, Inc. announced that it is inviting applications from fintech startups for its second annual application process for startup funding. CSI is founded by leading global payments...

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Economy

U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal

U.S. stock index futures held relatively steady on Wednesday evening after Iran signaled it was reviewing a ceasefire proposal put forward by Washington aimed at ending the ongoing Middle East conflict. The cautious market...

Oil Prices Climb as Iran Reviews U.S. Peace Proposal Amid Middle East Tensions

Oil prices edged higher during Asian trading on Thursday as conflicting signals over potential Middle East de-escalation kept energy markets on alert. Brent crude futures for May delivery rose 0.8% to $103.02 per barrel,...

Gold Prices Climb as Middle East Ceasefire Talks Stir Market Optimism

Gold prices edged higher on Wednesday as cautious optimism surrounding potential U.S.-Iran ceasefire negotiations lifted sentiment across global markets. Spot gold climbed 0.7% to $4,504.58 per ounce, while U.S. gold...

Middle East War Rattles Global Markets as Oil Tops $100 and Dollar Surges

Asian equity markets struggled to find clear direction on Thursday as investors navigated a rapidly shifting geopolitical landscape in the Middle East. Iran signaled conditional willingness to consider a U.S.-backed...

Federal Reserve Balance Sheet Reduction: Brookings Research Outlines Possible Path Forward

New research from the Brookings Institution suggests the Federal Reserve could shrink its balance sheet through a combination of regulatory adjustments, payment system reforms, and more active market interventions without...

Politics

Taiwan Arms Deal on Track Despite U.S.-China Summit Uncertainty

Taiwans Defense Minister Wellington Koo confirmed Thursday that the next major U.S. arms sale to the island remains on schedule, revealing that Taipei has already received a formal letter of guarantee from Washington...

G7 Foreign Ministers Gather in France Amid Global Tensions and U.S. Policy Uncertainty

Foreign ministers from the worlds top Western democracies have convened in France this week for a high-stakes two-day summit at the historic 12th-century Abbaye des Vaux-de-Cernay, located roughly 40 kilometers southwest...

Russia Strikes Kharkiv and Izmail as Cross-Border Drone War Escalates

Deadly Russian attacks struck Ukraines northeastern city of Kharkiv and the Danube port of Izmail, killing at least two people and wounding several others, Ukrainian officials confirmed. The strikes mark the latest...

Iran Demands Lebanon Be Part of Any Ceasefire Deal With Israel and the U.S.

Six regional sources have revealed that Iran has communicated to intermediaries that Lebanon must be included in any potential ceasefire agreement involving the United States and Israel. This condition directly ties an end...

Jay Bhattacharya to Continue Leading CDC as White House Searches for Permanent Director

The U.S. Centers for Disease Control and Prevention remains under the interim leadership of Acting Director Jay Bhattacharya as the White House continues its search for a permanent head of the agency. A spokesperson for...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco

Shares of Taiwan-based memory chip manufacturer Nanya Technology soared to their daily limit of 10% on Thursday morning following the companys announcement of a major $2.5 billion private placement deal backed by prominent...

SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion

South Korean memory chip giant SK Hynix has submitted a confidential filing for a U.S. stock market listing in 2026, with sources indicating the move could raise as much as $14 billion. The company intends to offer...

Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push

Meta Platforms made a significant move this week by granting restricted stock units and stock options to several of its most senior leaders, including Chief Financial Officer Susan Li and Chief Technology Officer Andrew...

SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion

Elon Musks SpaceX is reportedly moving closer to going public, with plans to submit its initial public offering prospectus to regulators as early as this week or next, according to a report by The Information citing a...

OpenAI Pulls the Plug on Sora, Ending $1 Billion Disney Partnership

OpenAI has officially shut down Sora, its AI-powered video generation tool, in a move that blindsided partners and staff alike and effectively ended a landmark deal with Walt Disney Co. The decision marks a major...
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