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HONG KONG SAR – Media OutReach – 17 June 2022 – Babel Finance, announced late last month that it had secured $80 million in a fresh investment round, valuing the crypto lender and asset manager at $2 billion. Jeneration Capital, Circle Ventures, and 10T Holdings joined current investors Dragonfly Capital and BAI Capital in the Series B investment round. A number of family offices from the Asia-Pacific […]

RICHMOND HILL, CANADA – Media OutReach – 17 June 2022 – 8V.com, the predominantly Southern Asian-focused metaverse crypto exchange, went from nil to 150,000 users in 3 months. The platform processes thousands of transactions every hour, helping users make quick investments with high levels of efficiency and security. 8V.com has successfully launched its application on Google Play and optimized OTC services to cater to the needs of […]

By Prabhat Patnaik The craftiness of imperialism is boundless. In several countries of the world at present there are neo-fascist governments, propped up by their respective big bourgeoisie (all aligned to globalized capital), and implementing neo-liberal policies with their characteristic ruthlessness; in many other countries, there are neo-fascist outfits attempting to get into power by […]

The post Unemployment In India Today Is Worse Than Any Year Since Independence first appeared on IPA Newspack.

Choco Up seeks to revolutionise payment processing and unlock seamless funding for digital merchants SINGAPORE – Media OutReach – 17 June 2022 – Choco Up, a global technology and financial services platform offering revenue-based financing for digital merchants and startups, today announced the launch of Choco Payment. Embedded with Choco Up’s flagship underwriting capabilities and powered by global financial infrastructure platform Stripe, Choco Payment is an integrated […]

By Prakash Karat Kerala is witnessing the dubious spectacle of Congress and BJP protesters out in the streets demanding the resignation of the chief minister, Pinarayi Vijayan. In several places, the protesters have turned violent and clashed with the police. The agitation has been motivated by the ludicrous allegations made by an accused, Swapna Suresh, […]

The post Both Congress And BJP Are Following Bankrupt Policies In Kerala first appeared on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: The Congress-led United Democratic Front (UDF) and the Bharatiya Janata Party (BJP) have decided to ramp up their agitation seeking the resignation of Chief Minister Pinarayi Vijayan. On its part, the CPI(M)-led Left Democratic Front(LDF) has  taken a decision to counter the motivated agitation politically. As part of the plan, the […]

The post Congress Ramps Up Anti-Government Agitation In Kerala first appeared on IPA Newspack.

VICTORIA, SEYCHELLES – Media OutReach – 14 June 2022 – Bybit, one of the fastest growing crypto exchanges in the world, launched today its first-ever Bear Market Guide, an educative resource to help investors navigate through the volatile times that cryptocurrencies and equity markets are facing, overcoming the turbulence by researching and potentially taking advantage of possibilities to stay ahead of the bear market. Featuring a contemporary […]

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By Dr. Gyan Pathak Surging food costs in South Asia, a region populated by more than one-third of the global poor and where one-fifth of calories come from wheat products, pose significant challenges to poverty alleviation and food security. The World Bank’s projection of downside risks to the economic outlook of the region presents even […]

The post Surging Costs Of Food Pose Significant Challenge In South Asia first appeared on IPA Newspack.

First AI Automatic Trading Robot in Hong Kong with Easy Access to Cryptocurrency Market HONG KONG SAR – Media OutReach – 9 June 2022 – Cryptocurrency has always been accused of being a lesser-known investment tool, the general public does not know much about it, and some people even misunderstand that Bitcoin is the only option of cryptocurrency. In recent years, as several cryptocurrencies continue to hit […]

RIYADH: Banque Saudi Fransi’s $4 billion guaranteed Medium-Term Note program has been assigned a provisional senior unsecured foreign-currency rating of (P)A2 by Moody’s Investors Service. The MTN

By Sanjay Roy The possibilities of persistent inflation seem to be looming large and a resultant contraction in demand primarily because of a cost-of-living squeeze is going to impact the growth rate, the forecast of which undergoes a downward revision in recent rounds by most rating agencies. The Russia-Ukraine war and the consequent rise in […]

The post High Inflation Is Eroding The Real Wages Of The Working People In India first appeared on IPA Newspack.

COLOMBO: The Sri Lankan government has announced that Muslims would be allowed to perform Hajj this year provided they pay their travel costs in foreign currency, as the country faces its worst

By P. Sreekumaran Unfazed by fresh ‘revelations’ in the diplomatic channel gold smuggling case, the Pinarayi Vijayan-led Left Democratic Front (LDF) Government has demanded a probe into the conspiracy to discredit it. The Government’s demand has come following the ‘new’ allegations levelled by Swapna Suresh, an accused in the smuggling case. In her statement given […]

The post There Is A Calculated Conspiracy To Discredit Kerala Chief Minister first appeared on IPA Newspack.

Enfortumab vedotin is the first antibody drug conjugate approved in Singapore for la/mUC patients who received a prior platinum-containing chemotherapy and a PD-1/L1 inhibitor. SINGAPORE – Media OutReach – 6 June 2022 – Astellas Pharma Inc. (TSE:4503, President and CEO: Kenji Yasukawa, Ph.D., “Astellas”) today announced that PADCEV™ (enfortumab vedotin) has been approved by the Health Sciences Authority of Singapore as monotherapy for the treatment of adult […]

Arabian Post Staff Al Jalila Foundation, a member of the Mohammed bin Rashid Al Maktoum Global Initiatives, has partnered with a leading cryptocurrency platform to expand the foundation’s donation channels. The foundation has thus become the first healthcare charity in the UAE to accept digital money donations. The foundation simultaneously announced that it has been granted approval to receive charitable donations in cryptocurrencies. The unprecedented move in […]

By K Raveendran The world believes that the success of western sanctions against Putin’s Russia depends on just two countries: India and China. On the face of it, it would appear to be a straightforward positioning. For, much of the Russian oil that has been made redundant by the sanctions is expected to flow to […]

The post New Delhi Holds Its Own On Discounted Oil Imports From Russia first appeared on IPA Newspack.

KUALA LUMPUR, MALAYSIA – Media OutReach – 3 June 2022 – XLD Finance, a stablecoin-based ecosystem that drives financial inclusion through real-world financial services, has announced the launch of its xSpend platform in Malaysia today, which allows play-to-earn users to directly spend their GameFi tokens and stablecoins to pay over 350 billers and utilities. With xSpend finally available to the Malaysian market after making its debut in […]

Key takeaways ▪ More than three in four consumers expect their countries to become predominantly cashless within the next five years, but this move towards a cashless society is at a crossroads and varies greatly between countries. ▪ Almost four in ten consumers expect their governments or central banks to launch a central bank digital currency (CBDC) in the next three years. ▪ 37% of consumers expect […]

MONACO – Media OutReach – 27 May 2022 – Oracle Red Bull Racing is set to take its fans even closer to the action with the launch of its second series of digital collectibles with a one-of-a-kind auction at the Monaco Grand Prix. This next generation of Oracle Red Bull Racing NFTs will be minted on the Tezos blockchain and available on Bybit’s NFT Marketplace, bringing together […]

By K R Sudhaman The global economy is facing unprecedented economic challenges driven by high inflation in practically all major economies and there are fears that this could lead to stagflation as recessionary trends are witnessed in advanced economies and slowing China. The question that is often asked now is Indian economy insulated from these […]

The post Indian Economy Has Resilience But Needs Special Protection For Poor first appeared on IPA Newspack.

By Ashis Biswas In recent weeks, the value of Bangladeshi Taka (tk) has been declining sharply, as the US dollar has emerged as the strongest currency in the aftermath of the Ukraine war. According to reports from Dhaka this morning, the Bangladeshi tk further declined by 40 paise vis-à-vis the US $. Early market reports […]

The post Bangladesh Feeling Impact Of Ukraine War On Its Exchange Rate first appeared on IPA Newspack.

Gamified finance is gaining traction and the blockchain game industry is experiencing strong growth, with its value reaching HK$78 billion Offers free workshops and seminars to promote and democratise blockchain game on 22 May, the Guild 22 day Blockchain and Game-Fi expert Ronald Chiu offers play-to-earn tips onsite HONG KONG SAR – Media OutReach – 20 May 2022 – Playing video games is an investment nowadays as […]

SINGAPORE – Media OutReach – 16 May 2022 -Del Wang, Co-Founder and CEO of Babel Finance, has faith that Blockchain and Bitcoin will gradually become mainstream for the financial world and investors as a whole, as some financial organizations have already transitioned from traditional commercial banking to the sphere of digital currency. Babel Finance was the one of the first company to launch crypto lending service. Since […]

FreeFlow payments infrastructure enabling universal access to regulated digital assets and IX Fintech’s portfolio of innovative digital asset products make for a win-win outcome HONG KONG SAR – Media OutReach – 16 May 2022 – FreeFlow Finance Limited (FreeFlow) and IX Fintech Digital (International) Company Limited (IX Fintech Digital) are pleased to announce they have entered into a strategic partnership, combining FreeFlow’s world’s first interoperability infrastructure for […]

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