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Blockchain Revolution Series

Lisk development roadmap unveiled, details upcoming funding vehicle for new blockchain applications

Aug 22, 2016 09:57 am UTC| Digital Currency Fintech

Lisk, a decentralized blockchain application development platform,has revealed its development roadmap explaining the different phases that the platform will go through over the next few years. Max Kordek and Oliver...

Eight fintech companies begin FinTech Innovation Lab mentorship program

Aug 22, 2016 07:58 am UTC| Fintech

Eight leading fintech companies have entered the third annual Accentures FinTech Innovation Lab Asia-Pacific to begin a 12-week mentorship program comprising of series of workshops at Cyberport, panel discussions and...

Blockchain Revolution Series

UK-based blockchain companies to get FCA approval soon

Aug 22, 2016 07:20 am UTC| Digital Currency Fintech

The Financial Conduct Authority (FCA), a financial regulatory body in the UK, is considering approving firms using bitcoins underlying blockchain technology. Speaking with Financial Times, the financial watchdog said...

Blockchain Revolution Series

Hitachi and BTMU begin PoC testing using blockchain to digitize checks in Singapore

Aug 22, 2016 06:45 am UTC| Digital Currency Fintech

Japan-based electronics company Hitachi Ltd. and the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) announced today that they have partnered and started Proof of Concept (PoC) testing for using blockchain technology for check...

Singapore to streamline electronic payment regulations to become fintech-focused

Aug 19, 2016 05:36 am UTC| Fintech

The central bank of Singapore announced today that it will make regulatory changes in order to facilitate the use of electronic payments in a move to make Singapore, a major centre for fintech. According to Reuters,...

Investments into VC-backed fintech companies to exceed 2015 levels: KPMG-CB Insights report

Aug 18, 2016 06:15 am UTC| Fintech

According to the latest edition of The Pulse of Fintech Report a collaboration between KPMG International and CB Insights there was a decline in global funding to VC-backed companies, however the overall fintech future...

Irish fintech firm announces €1.2M in funding and releases app for worldwide customers

Aug 17, 2016 13:12 pm UTC| Fintech

Rubicoin, an Irish fintech startup that has developed a number of apps designed to transform anyone into a well-informed investor, has announced that it has raised 1.2 million in funding. According to businessworld.ie ,...

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Economy

Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally

Japans Nikkei share average surged to a fresh record high on Wednesday, driven by strong gains in chip-related stocks as investor enthusiasm around artificial intelligence continued to fuel global technology markets. The...

RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026

New Zealands central bank kept interest rates unchanged on Wednesday but warned that further monetary tightening may be necessary later this year as rising global tensions increase inflation risks and slow economic...

Australia Inflation Cools in April as Fuel Prices Ease, But Core CPI Remains Sticky

Australias consumer price inflation slowed more than expected in April, offering temporary relief to households and businesses as fuel prices retreated from recent highs. However, underlying inflationary pressures remained...

BOJ Governor Ueda Warns Oil Price Shock Could Trigger Persistent Inflation

Bank of Japan Governor Kazuo Ueda warned that rising oil prices could create longer-lasting inflation if higher energy costs begin influencing wages, consumer expectations, and corporate pricing behavior. Speaking at a...

Gold Prices Edge Higher as Markets Monitor U.S.-Iran Peace Talks

Gold prices moved slightly higher during early Asian trading on Wednesday as investors closely watched ongoing peace negotiations between the United States and Iran. Despite recent geopolitical tensions, bullion continued...

Politics

Biden Sues DOJ to Block Release of Audio From Classified Documents Probe

Former U.S. President Joe Biden has filed a lawsuit against the Department of Justice (DOJ) in an effort to stop the release of audio recordings and transcripts tied to Special Counsel Robert Hurs investigation into Bidens...

US Plans Kenya Ebola Quarantine Facility Amid Congo Outbreak

The Trump administration is preparing to deploy U.S. public health officers to Kenya as part of a proposed Ebola quarantine facility designed to support Americans exposed to the deadly virus during the ongoing outbreak in...

DOJ Sues UCLA Over Alleged Antisemitism and Hostile Campus Environment

The U.S. Department of Justice has filed a lawsuit against the University of California, Los Angeles (UCLA), accusing the university of failing to protect Jewish and Israeli students from antisemitism on campus. The...

Israel Intensifies Lebanon Air Strikes as Hezbollah Conflict Escalates

Israel launched more than 120 air strikes across Lebanon on Tuesday, marking one of the most intense bombing campaigns in recent weeks as tensions with Hezbollah continue to rise. Lebanese security officials confirmed that...

Israel Targets Hamas’ New Military Chief as Gaza Conflict Escalates

Israel announced on Tuesday that it had launched a strike targeting Mohammad Odeh, identified by Israeli Prime Minister Benjamin Netanyahu as Hamas newly appointed armed wing chief in Gaza. The move comes just days after...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027

Samsung Electronics is expanding its semiconductor operations in Southeast Asia with plans to invest nearly 39 trillion Vietnamese dong, or about $1.5 billion, in a new semiconductor testing facility in Vietnam. According...

Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence

Samsung Electronics workers have approved a new wage agreement, preventing a large-scale strike that could have disrupted global semiconductor supplies and impacted South Koreas economy. The deal was supported by nearly...

Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments

Elon Musk has reportedly discussed the possibility of combining Tesla and SpaceX, according to a CNBC report released Tuesday. The potential merger has become a major topic of discussion within both companies as they...

SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge

SK Hynix Inc. became the second South Korean company to surpass a $1 trillion market valuation on Wednesday, as booming artificial intelligence demand continued to drive investor confidence in global semiconductor stocks....

Samsung Union Dispute Escalates Over Semiconductor Bonus Vote

A labor dispute at Samsung Electronics is intensifying after a union representing employees outside the semiconductor business filed a court injunction to halt an ongoing vote tied to bonus increases for chip division...
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