The first window for the approval of all 12 spot Bitcoin ETFs by SEC starts today
Key Points US SEC is now approaching the climax of deciding on the ongoing spot Bitcoin approval race by TradFi institutions. Today is the start of the first window for the commission to approve all of the 12 filed spot Bitcoin ETFs. The US SEC has just entered an...
European stocks fall as investors track Middle East political atmosphere
Key Points Tension in the European market rises as investors fear further escalation in the Middle East. Pan-European Stoxx 600 index down 0.6% as President Biden tours Tel Aviv European stocks are trading in the red as President Biden visits Tel Aviv. Investors are...
Financing: What Does It Mean?
IntroductionDefining FinancingForms of FinancingSignificance of FinancingChallenges in FinancingConclusion Introduction Financing is a fundamental concept in the world of economics and personal finance. It plays a crucial role in enabling individuals, businesses, and...
Demystifying Venture Funds: Significance and Impact on the Innovation Landscape
IntroductionUnderstanding Venture FundsWhy Venture Funds MatterVenture Fund LifecycleRisks and ChallengesConclusion Introduction As an investor, it's good to understand the crucial role venture funds play in the world of finance and innovation. This article delves...
Chinese real estate developer Country Garden to be removed from Hang Seng Index on Sept 4
Key Points China’s Country Garden, a real estate developer, is set to be removed from Hang Seng Index on Sept 4 and be replaced by Sinopharm. Country Garden Services will also be removed from the Hang Seng China Enterprises Index and be replaced by Trip.com following...
China to counter US’s plans to restrict investments in its advanced technology
Key Points China’s Ministry of Commerce could respond to Biden’s executive order to restrict investments in advanced Chinese technology US Commerce Secretary Gina Raimondo is set to visit the country amid a souring business relationship. US Commerce Secretary Gina...
Bank of Russia raises interest rates to 12% following Ruble plunge
Key Points The Bank of Russia has introduced new interest rates as the Ruble falls to hit an almost 17-month low against the dollar. The interest rate hike was done during an emergency meeting after the Ruble was gripped by a drop in value past the 100 mark against a...
China’s economic uncertainties increase as loans plunge, creating property fears
Key points China’s economic turmoils keep increasing as credit data released Friday shows a slump in demand for households and businesses borrowing money. Developer Country Garden suspended trading at least 10 of its mainland-china traded Yuan bonds. China’s economy...
Russian Ruble slumps to a 17-month low past 100 against the US dollar
Key Points The Russian Ruble has slumped harder against the US Dollar as it trades at a near 17-month low. President Vladimir Putin’s economic advisor blames loose monetary policy for the rapid depreciation of the Ruble. The Bank of Russia blames the country’s...
Asset Tokenization: Paving the Path to the Future of Asset Management
Asset tokenization is one of the most promising and disruptive blockchain-related technological innovations. This revolutionary concept has the potential to reshape the way we view, trade, and manage traditional assets, offering increased accessibility, liquidity, and efficiency.
The Basics of Financial Responsibility: A Comprehensive Guide
Introduction:I. Defining Financial Responsibility:II. Budgeting: The Foundation of Financial ResponsibilityIII. Saving and Investing: Building a Secure FutureIV. Debt Management: Navigating Borrowing WiselyV. Long-Term Financial Planning: Achieving MilestonesVI....
60 Profitable Summer Side Hustles for Teens
Introduction:60 Profitable Summer Side Hustles for TeensConclusion: Introduction: Summer is a time of sunshine, adventure, and plenty of free time for teenagers. While many teens use this period for relaxation and leisure, others see it as an opportunity to start...