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HONG KONG SAR – Media OutReach Newswire – 12 July 2024 – Today, IX Asia Indexes announced the 2024 2nd quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 19th July, 2024 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index (“IXCI”) […]

HONG KONG SAR – Media OutReach Newswire – 11 July 2024 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months ended 30 June 2024. The Group’s sales for the quarter ended 30 June 2024 were US$935 million […]

By Dr. Gyan Pathak Aggravating factional quarrel that seems like a rebellion within Shiromani Akali Dal (SAD) does not only underscore an unstable Akali politics in Punjab, but also the entire Sikh politics, a thing to be keenly watched for several reasons in the backdrop of its tumultuous history. The rebellious group led by Bibi […]

The Grayscale Ethereum Trust (ETHE), a financial vehicle allowing investors exposure to Ethereum without directly owning the cryptocurrency, has undergone a significant shift. After trading at a discount for nearly three years, ETHE’s share price now sits at a premium to its underlying net asset value (NAV) for the first time since November 2021. This development, reported on July 3rd, 2024, by financial data provider ycharts. com, […]

The cryptocurrency market experienced a significant downturn on Friday, with over $170 billion shed in combined market capitalization within a 24-hour period. This plunge coincides with the long-awaited payout of nearly $9 billion in Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange. The price of Bitcoin, the world’s leading cryptocurrency, bore the brunt of the sell-off, dropping over 6% to reach its lowest […]

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HONG KONG SAR – Media OutReach Newswire – 5 July 2024 – Today, IX Asia Indexes announced the 1st Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

By Nitya Chakraborty The first short session of the 18th Lok Sabha has just ended with the third time Prime Minister Narendra Modi giving the impression once again that nothing different happened in the Lok Sabha elections 2024, he remains the same unvanquished leader of the majority party BJP like he was after the 2014 […]

ECOVACS unveils the all new DEEBOT T30S COMBO designed to deliver a comprehensive, all-in-one cleaning experience The company has also launched the DEEBOT X5 PRO OMNI and DEEBOT N20 PRO, offering a wider range of options to tackle a diverse range of household cleaning needs Customers who shop on ECOVACS’ official Shopee and Lazada stores can enjoy attractive discounts of up to 70%, on top of $300 […]

Union Minister Jitan Ram Manjhi is seeing a “conspiracy” in back-to-back bridge collapse incidents in Bihar. “Why have bridges started to collapse only after the Lok Sabha elections?” he wondered as he spoke to reporters in Gaya. “Why were such incidents not taking place 15 or 30 days before? Why have bridges started to collapse […]

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase, featuring a diverse array of research and innovations across disciplines from fashion to technology and sustainable materials. PolyU is hosting its inaugural “Flying High” exhibition in […]

By Sushil Kutty The INDI-Alliance is fighting to stay united in Parliament, at least, matching wits with not just the treasury benches and the NDA government but also with the presiding officers of the Rajya Sabha and the Lok Sabha, the Constitution held high, which is making everybody in the NDA nervous. In the Lok […]
The Delhi airport roof collapse that killed one and injured six was a “very serious incident” and the aviation regulation DGCA will look into the matter thoroughly, Civil Aviation Minister Ram Mohan Naidu Kinjarapu told reporters today. The canopy and a huge metal beam at the pick-up and drop area outside Delhi airport’s terminal 1 […]

Vashi Dominguez, the charismatic jeweler who once dazzled on British television, has left a trail of financial ruin after his company collapsed, owing a staggering £170 million. The National’s investigation delves into the meteoric rise and fall of Vashi’s empire, uncovering a story of lost riches and unanswered questions. Dominguez, with his flamboyant personality and promises of revolutionizing the diamond trade, captivated investors, particularly those from the […]

First quarter revenue of US$22.2 million, up 24% Year-Over-Year SINGAPORE – Media OutReach Newswire – 25 June 2024 – MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a market leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced financial results for the quarter ended March 31, 2024. Management Commentary: Rohith Murthy, Chief Executive Officer, stated, “I am pleased to report […]

The long-awaited repayments from defunct cryptocurrency exchange Mt. Gox will begin in July, coinciding with a slump in Bitcoin’s price that has dipped below $61, 000. The news has injected uncertainty into the market, with analysts divided on the potential impact of the asset distribution. Mt. Gox, once the world’s leading Bitcoin exchange, filed for bankruptcy in 2014 after a massive hack that resulted in the loss […]

By Nantoo Banerjee The Indian Railways is no longer considered as the union government’s most important public contact platform. This is despite the fact that around 500 million passengers took train journeys across the country during last April alone. The number keeps on rising. The Railways loaded 128.29 million tonnes (MT) of freight during the […]

HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – On 14 June, UNHCR, the UN Refugee Agency, will launch the 17th Charity Refugee Film Festival to Mark World Refugee Day 2024. This year’s festival seeks to heighten public awareness of the refugee cause and galvanize collective efforts to address the global displacement crisis by showcasing the power of solidarity and durable solutions through film. […]

The Commodity Futures Trading Commission (CFTC) is reportedly investigating Jump Crypto, the cryptocurrency arm of Chicago-based trading giant Jump Trading, for its activities in the digital currency market. This probe comes amidst a period of challenges for Jump, including a significant security breach and its past involvement with the now-defunct TerraUSD stablecoin. News of the CFTC investigation emerged from a report by Fortune’s Leo Schwartz, which highlighted […]

HONG KONG SAR – Media OutReach Newswire – 20 June 2024 – Today, KGI Asia has released its 2024 Mid-Year Global Market Outlook, which covers regions including Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) Kenny Wen, Head of Investment Strategy at KGI Asia, and James Chu, Chairman at KGI Investment Advisory While the world is fighting against inflation, the economic […]

Exploring Tasty Ideas for Food Business HONG KONG SAR – Media OutReach Newswire – 19 June 2024 – Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo PRO and Hong Kong International Tea Fair will be staged concurrently from 15 to 17 August 2024 at the Hong Kong Convention and Exhibition Centre. The fairs feature global foods and beverages, tea, and related products, providing […]

The meteoric rise of cryptocurrencies has captured the global imagination, with Bitcoin leading the charge as a potential alternative to traditional finance. However, a growing debate simmers within the crypto community: is widespread adoption the key to its success, or would it spell its doom? Proponents of mass adoption envision a future where cryptocurrencies become seamlessly integrated into everyday life. Imagine buying groceries with Bitcoin or paying […]

Gemini, a prominent cryptocurrency exchange, has reached a settlement with New York regulators to resolve a fraud claim connected to its now-defunct “Gemini Earn” program. The agreement will see Gemini return $50 million worth of digital assets to investors who were left unable to access their funds when the program collapsed. This move comes after months of legal wrangling. Last October, both Gemini and its lending partner, […]

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