On Wednesday, Thailand’s market regulator said, from April 1, 2022, it has banned the use of digital assets for being used to pay for goods and services. The move is in line with earlier discussions between the Securities and Exchange… Read More ›
Day: March 23, 2022
Ukraine could lose agricultural exports worth $6 billon in 2021-2022
As per a senior industry official, Ukraine could potentially lose $6 billion in grain revenues following a blockade by the Russian navy preventing it from selling millions of tons of corn and wheat that it had earmarked for exports by… Read More ›
Hackers successfully break into digital authentication firm Okta Inc
In a statement, digital authentication firm Okta Inc said, a hacking group known as Lapsus$ has broken into its systems as a result hundreds of customers have been affected. The cyber attack has sparked concerns after the cyber extortion gang… Read More ›
US UK sign new trade deal, ends tariffs on wide range of products
In a significant development, Britain and the United States ended a four-year dispute over aluminium and steel tariffs and pledged to collaborate to counter China. The trade deal sees the removal of US retaliatory tariffs a range of items including… Read More ›
Peacekeeping force in Ukraine could trigger war with NATO: Russian Foreign Minister Sergei Lavrov
On Wednesday, Russian Foreign Minister Sergei Lavrov said, if Western nations were to send peacekeepers to Ukraine, it could potentially lead to a direct confrontation between NATO and Russia. Last week, Poland said an international peacekeeping mission should be sent… Read More ›
Is It Possible For Companies Exiting Russia To Make Up Losses Through Insurance?
Hundreds of corporations, including Shell Plc, Hyundai Motor Co, and PwC, a worldwide professional services organisation, have said that they are withdrawing or halting activities in Russia as a result of the country’s invasion of Ukraine. The following are some… Read More ›
Debt Payments Are Proving Difficult For Russian Sanctions-Linked Companies
Investors were on pins and needles as coupon payments to international holders of Russian debt obligations tied to sanctioned oligarchs hit a snag due to Western sanctions prompted by Moscow’s invasion of Ukraine. According to a source close to the… Read More ›
Britain’s Advertising Watchdog Tightens Its Regulation Of Crypto Firms
The Advertising Standards Authority of the United Kingdom has increased its scrutiny of cryptocurrency advertisements and has ordered more than 50 companies in the crypto industry to adequately inform their customers that digital assets are unregulated and volatile. During the… Read More ›
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