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Donald Trump's Tariff Talk Spurs Global Jitters, Countries May "Retaliate"
Donald Trump's tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
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PM Modi Lays Foundation Stone Of One Of India's Largest Deep Water Ports Vadhvan
Prime Minister Narendra Modi laid the foundation stone of the Vadhvan Port on Friday. The port is expected to boost India's trade in many aspects because of its strategic location and capacity.
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Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
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Japan Crypto Exchanges Pushing For Margin Trading Relaxation For Sector Growth
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.
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FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4
FTX on Tuesday announced that it had reached an agreement to sell LedgerX, the bankrupt crypto exchange's crypto derivatives platform to an affiliate of Miami International Holdings. The crypto firm will seek approval for the sale of its platform in a deal worth $50 million (roughly Rs. 400 crore) in a US bankruptcy court on May 4.
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Taiwan To Buy 400 US Anti-Ship Missiles Amid China Tensions: Report
Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group's leader and people familiar with the issue.
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SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
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Thousands Protest In London Against UK's New Migrant Bill
Around 2,000 protesters, many carrying signs reading "no human being is illegal" and bearing trade union logos, marched towards Downing Street, the prime minister's official residence.
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Sensex Falls 150 Points In Early Trade On Mixed Global Cues
As many as 17 constituents of the Sensex, including Reliance, TCS and HDFC were trading in the negative territory.
-
Stock Indices Fall In Early Trade On Negative Cues From Global Markets
As many as 18 stocks in the Sensex were in the red while other shares, including HDFC and Maruti, were trading with marginal gains.
-
Apple Workplace Rules Violate US Labour Law, Agency Finds
Apple maintains workplace policies that unlawfully discourage employees from discussing working conditions, a US labour agency has found. The National Labor Relations Board will issue a complaint targeting the policies and claiming Apple executives made comments that stymied worker organising unless the company settles first, an agency official s...
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Delhi Shop Owners To Wear Masks, Say Trade Bodies Amid Global Covid Surge
Many trader associations across Delhi have asked shop owners to wear masks, use sanitisers and follow social distancing norms amid concerns over the surge in Covid cases in some countries.
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iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
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Indian Premier League: Australia Pacer Jason Behrendorff Traded From Royal Challengers Bangalore To Mumbai Indians
Jason Behrendorff represented MI during the 2018 IPL edition, playing five games during the season, and taking as many wickets
-
Donald Trump's Tariff Talk Spurs Global Jitters, Countries May "Retaliate"
Donald Trump's tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
PM Modi Lays Foundation Stone Of One Of India's Largest Deep Water Ports Vadhvan
Prime Minister Narendra Modi laid the foundation stone of the Vadhvan Port on Friday. The port is expected to boost India's trade in many aspects because of its strategic location and capacity.
-
Arm Secures $54.5 Billion Valuation in Year's Biggest IPO With Apple, Nvidia, Samsung as Investors
Chip designer Arm Holdings secured a $54.5 billion (roughly Rs. 4,52,137 crore) valuation in its US initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group took the company private for $32 billion (roughly Rs. 2,65,475 crore).
-
Japan Crypto Exchanges Pushing For Margin Trading Relaxation For Sector Growth
Japan’s crypto exchanges are pushing for a relaxation of curbs on margin trading, unbowed by last year’s global digital-asset market crash. Many people in the industry want permitted leverage for retail investors of four to 10 times whereas currently, customers can at most double exposure via borrowing.
-
FTX Agrees to Sell LedgerX for $50 Million, to Seek Bankruptcy Court Approval on May 4
FTX on Tuesday announced that it had reached an agreement to sell LedgerX, the bankrupt crypto exchange's crypto derivatives platform to an affiliate of Miami International Holdings. The crypto firm will seek approval for the sale of its platform in a deal worth $50 million (roughly Rs. 400 crore) in a US bankruptcy court on May 4.
-
Taiwan To Buy 400 US Anti-Ship Missiles Amid China Tensions: Report
Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group's leader and people familiar with the issue.
-
SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
-
Thousands Protest In London Against UK's New Migrant Bill
Around 2,000 protesters, many carrying signs reading "no human being is illegal" and bearing trade union logos, marched towards Downing Street, the prime minister's official residence.
-
Sensex Falls 150 Points In Early Trade On Mixed Global Cues
As many as 17 constituents of the Sensex, including Reliance, TCS and HDFC were trading in the negative territory.
-
Stock Indices Fall In Early Trade On Negative Cues From Global Markets
As many as 18 stocks in the Sensex were in the red while other shares, including HDFC and Maruti, were trading with marginal gains.
-
Apple Workplace Rules Violate US Labour Law, Agency Finds
Apple maintains workplace policies that unlawfully discourage employees from discussing working conditions, a US labour agency has found. The National Labor Relations Board will issue a complaint targeting the policies and claiming Apple executives made comments that stymied worker organising unless the company settles first, an agency official s...
-
Delhi Shop Owners To Wear Masks, Say Trade Bodies Amid Global Covid Surge
Many trader associations across Delhi have asked shop owners to wear masks, use sanitisers and follow social distancing norms amid concerns over the surge in Covid cases in some countries.
-
iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
-
Indian Premier League: Australia Pacer Jason Behrendorff Traded From Royal Challengers Bangalore To Mumbai Indians
Jason Behrendorff represented MI during the 2018 IPL edition, playing five games during the season, and taking as many wickets
