On February 21, 2025, Franklin Templeton, a leading global asset management firm, submitted a filing to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) that tracks Solana,
Nomura Asset Management is consolidating its Japan-focused equity funds, effectively merging its underperforming Nomura Japan Equity Strategy Fund with the Nomura Japan Open. This move follows a prolonged period of disappointing returns
China’s efforts to inject liquidity into its financial system have failed to relieve the ongoing pressure in the money market, with borrowing costs remaining elevated despite the People’s Bank of China’s (PBOC)
Four leading global banks have agreed to pay over £100 million ($127 million) in fines to settle an antitrust investigation into collusion by their traders, who illegally shared sensitive information in online
In Washington, D.C., a renewed clash is emerging between pharmaceutical companies and pharmacy benefit managers (PBMs) as the newly formed administration of President Donald Trump embarks on addressing key policy areas in
At the Consensus Hong Kong event on February 19, Zak Folkman, co-founder of World Liberty Financial (WLF), expressed his desire to bring back the initial coin offerings (ICOs) model, emphasising the need
Shares of United Overseas Bank (UOB) soared to a record high on Wednesday after the bank reported a 9% rise in its fourth-quarter net profit, which exceeded expectations, and unveiled a significant
HSBC’s 2024 financial report reveals a 3% decline in its global workforce as the bank focuses on cost-cutting measures and major restructuring initiatives under the leadership of new CEO Georges Elhedery. The
Catastrophe bonds (cat bonds) have been consistently outperforming high-yield debt markets, and now, these high-return investments are about to be more accessible to a wider range of investors. In a significant development,
Diamondback Energy announced on Tuesday that it has agreed to acquire certain units of energy producer Double Eagle, backed by EnCap Investments, in a cash-and-stock deal valued at approximately $4.08 billion. This
