The funding round was led by China’s Huiyin Blockchain Venture Investments and Miami International Holdings Inc.
Economy & Finance
Royal Bank of Scotland reaching out to investors to settle deal
Last minutes negotiations are on. Two sources familiar with the matter at hand have disclosed that the Royal Bank of Scotland has tried to reach for a last minute settlement with a group of investors who had alleged that it… Read More ›
Titanic Relics Sail Toward Auction Block From Deep in the Atlantic
The wreckage from Titanic could fetch close to $220 million at an auction this year even though the doomed ship may be under 2.5 miles of water. In a May 18 filing in U.S. Bankruptcy Court in Jacksonville, Florida, Premier… Read More ›
Asia Assets May Shine Yet Brighter Due To Political Turmoil Abroad
As the latest political convulsions in Washington hurt appetite for riskier assets globally, some were quick to put in sell orders on Asian stocks this week. And all of a sudden, emerging markets don’t sound so appealing any more is… Read More ›
Investors getting increasingly trepid on ‘Trump Trade’
The firing of the former FBI Director, James Comey, by U.S. President Donald Trump, has unleashed a wave that is threatening to drown the Trump’s presidency. The resulting economic uncertainties is what the market is worried about. With U.S. President… Read More ›
New accounting standard for insurance companies will usher in a wave transparency in the sector
While end users will benefit, insurers will have to bite the bitter pill of additional costs. With the introduction of uniform international book-keeping standard, details of which are to be published on Thursday, slated to take place from January… Read More ›
Investors and lobbyists are increasingly worried on the Trump’s Administration’s ability to push legislative agendas
This essentially sums up the mood “less drama from the White House”. With U.S. President Donald Trump increasingly getting tangled in scandals and controversies, Republican lawmakers and lobbyists are of the view that the prospects for passing sweeping tax cuts,… Read More ›
Trump extends sanctions relief to Iran under U.S.-Iran nuclear deal
Trump has however sanctioned a Chinese man and three Chinese companies along with two senior Iranian defense officials for supporting Iran’s ballistic missile program. In a move that has caught many by surprise, U.S. President Donald Trump has extended wide… Read More ›
The Chief of U.S. Pacific Command visits Japan’s East China Sea radar station
The move comes in the wake of North Korea show casing its ICBM capabilities. In a move that is likely to needle China, the head of the U.S. Pacific Command has visited a Japanese radar station on the edge of… Read More ›
To Fill Aviation Industry Gaps, Accelerated Pilot Programs Take Flight
With the aim and intention to fill the 248,000 commercial pilot seats across the Asia-Pacific region within the next two decades, investments in the expedited pilot training programs are being made by private equity firm C&C Alpha Group. “They cannot… Read More ›
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