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Why Japanese-Americans received reparations and African-Americans are still waiting

Jul 18, 2019 07:17 am UTC| Insights & Views

In June, the United States House of Representatives held a debate about reparations to African-Americans. One of the questions in this discussion is why Japanese-Americans received reparations for their internment by the...

Digital Currency/Stablecoin/Tokenization Series: IMF Reckons Crypto-Stable Coins Likely Bring Paradigm Shift in Banking

Jul 17, 2019 13:49 pm UTC| Research & Analysis Digital Currency Insights & Views

The global financial organization, International Monetary Fund (IMF) isstrivingto look after monetary cooperation, safeguard financialsolidity, provideaid for the international trade, and sustainable economic growth across...

Cryptocurrency Derivatives Series: VanEck Reckons Bitcoin ETF Likely to Stimulate US Economy

Jul 17, 2019 07:33 am UTC| Research & Analysis Digital Currency Insights & Views

ETFs are nothing but securities that monitors a class of securities or assets proportionately represented in the funds shares. Aspirant traders/investors perceive them as a budding movement among cryptocurrencygamut. We...

Regulatory Series on Cryptocurrencies: Global Regulators’ and Policy Makers Perspectives on Facebook’s Libra

Jul 16, 2019 11:14 am UTC| Research & Analysis Digital Currency Insights & Views

Entire cryptocurrency industry across the globe is under meticulousanalysis post-Facebooks announcement of Libra blockchain payment network. The House Financial Services Committee,Federal Reserve chairman Jerome Powell...

Trend of Tokenization Series: A Glimpse on ICOs, IEOs, and STOs Performance in 2019

Jul 16, 2019 06:02 am UTC| Research & Analysis Digital Currency Insights & Views

Of late, the segment of tokenization lures the shrewd investors with the exponential returns (yields flashes in 3 digits in percentage terms). While the regulator raises a cautionary statement that the token categories...

Digital Currency/Blockchain/Tokenization Series: Has Goldman Sachs Succumbed to Crypto, Tokenization and Blockchain Trend?

Jul 15, 2019 10:25 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Amid the global slowdown, the investment banking giant, Goldman Sachs has consistently been constructive on crypto-industry, they saw Bitcoin as Broadly Heavy. Christopher Matta, a former vice president of investment...

Cryptocurrency Derivatives Series: Physically-Settled Bitcoin Futures Trending Topic, VanEck, Bakkt, LedgerX and ErisX Line-up For Offering

Jul 15, 2019 06:23 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

This week derivatives exchanges LedgerX and ErisX were given the green light to offer physically-settled bitcoin futures contracts, beating VanEck and Bakkt to market. Both of them have been the renowned firms in the...

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Economy

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

Japan is preparing to issue new government bonds worth approximately $189 billion to help finance a record-breaking national budget for the next fiscal year, according to a draft budget reviewed by Reuters. The move...

BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

Bank of Japan (BOJ) policymakers actively debated whether to continue raising interest rates toward levels considered neutral for the economy, according to minutes from their October policy meeting released on Wednesday....

Politics

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

Global Backlash Grows Over Israel’s Approval of New West Bank Settlements

Several countries, including Britain, Canada, Germany, and a number of European and Asian nations, have strongly condemned Israels recent decision to approve 19 new settlements in the occupied West Bank, warning that the...

Israel Advances Controversial Inquiry Bill Into October 7 Hamas Attack Amid Public Backlash

Israels parliament has given initial approval to a controversial bill that would allow the government to control an inquiry into the October 7, 2023 Hamas attack, a move that has intensified political tensions and drawn...

Anutin Charnvirakul Named Bhumjaithai PM Candidate Ahead of Thailand’s February Election

Thailands caretaker prime minister Anutin Charnvirakul has been officially selected by the Bhumjaithai Party as its candidate for prime minister in the upcoming general election scheduled for February 8. The decision comes...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...