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By Nantoo Banerjee The international financial system governed by western powers no longer offers safety to foreign currency deposits in their chests from other parts of the world.  Even foreign private deposits and investments in assets are being frozen. The latest financial sanction imposed on Russia and its oligarchs freezing their accounts may appear to […]

The post Parking Funds In Foreign Banks, Treasuries Now Look Less Safe first appeared on IPA Newspack.

By K Raveendran There is virtually a scramble for coal from non-Russian sources following a self-imposed ban by the European Union on coal imports from Putin’s sanctions-hit country. But as far as New Delhi is concerned, the opportunity will go abegging as India is by itself struggling to tie up enough supplies. The EU ban […]

The post India Has To Let Go Of Huge Coal Export Opportunity first appeared on IPA Newspack.

By Prakash Karat Some political commentators have argued that the stand taken by the Modi government on the conflict in Ukraine shows that it is wrong to consider India a subordinate ally of the United States. The fact that India has abstained on resolutions in the United Nations condemning Russia for its invasion of Ukraine […]

The post Deepening Alliance Of Modi Govt With United States Despite Irritants first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 14 April 2022 – BingX is delighted to announce that it has teamed up with WOO Network, a safe haven network that helps exchanges resolve their liquidity issues by providing deep liquidity. This partnership with Woo Network enables BingX users to freely access WOO Network’s institutional liquidity solution, Wootrade. Wootrade has a rapidly growing list of assets with a peak daily trading […]

SINGAPORE – Media OutReach – 14 April 2022 – Last week, Justin purchased a highly symbolic NFT collection of 12 Digital Zodiac Heads that draws inspiration from the legendary Chinese Zodiac Animal Heads for a record price of USD1.55 million (RMB 9,832,500), which was auctioned by Metapoly XM, a brand under Poly Auction (Xiamen). Justin Sun, who got his history degree from the prestigious Peking University, and […]

To date, hygiene and disinfectant products benefiting over 6,000 individuals and families in need have been donated. Full year donations will be over HKD 3 million 1. HONG KONG SAR – Media OutReach – 14 April 2022 – Reckitt exists to protect, heal and nurture in the relentless pursuit of a cleaner and healthier world. Today, Reckitt is pleased to announce partnerships with four NGOs to launch […]

Vitatoken offers crypto trading and cryptocurrency funds. They target to raise users’ probability of returns and lower the risk of cryptocurrency investment. HONG KONG SAR – Media OutReach – 13 April 2022 – Vitatoken is the world’s first-ever cryptocurrency fund trading platform. It is licensed in CAGAYAN ECONOMIC ZONE AUTHORITY (CEZA) under the legal entity of Dragon Empire Developments Limited on 6th September 2021, for fintech solutions […]

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OctaFX will raise funds for charitable activities during Ramadan together with its clients. Active trading is all that’s needed to contribute to the noble cause. KUALA LUMPUR, MALAYSIA – Media OutReach – 13 April 2022 – International Forex broker OctaFX launches its annual Ramadan charity campaign aimed at supporting local communities by financing humanitarian activities in numerous regions of the world. The broker invites its clients to […]

By Jacob Chacko  Gargantuan advancements have been made over the last couple of years to tackle the pandemic. But COVID-19 is still casting a long shadow of uncertainty across the globe. Businesses in almost every sector have had to quickly adapt to a digital-first world and, as economies start to fully reopen, many are finding that the challenges faced so far were just the tip of the […]

By Nantoo Banerjee Russian Foreign Minister Sergei Lavrov’s offer to India to consider a rupee-ruble mechanism to settle trade in goods between the two countries to avoid sanctions imposed by the US-led NATO comes at a time when the Indian economy is reeling under high prices of oil putting the country’s energy security at risk.  […]

The post India’s Energy Security Can Not Be Compromised first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 11 April 2022 – OneDegree Hong Kong Limited (“OneDegree”) announced today that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity, a digital asset insurance product, making OneDegree the first licensed insurer in Asia to collaborate with a global leading reinsurer in offering digital asset insurance. OneInfinity is an insurance and technology product offering designed […]

SINGAPORE – Media OutReach – 11 April 2022 – Babel Finance announced that it had completed a two-year Market-to-Market Cross Cryptocurrency Swap worth $50 million in Bitcoin and Ethereum. Why is this transaction important to the global crypto market? This two-year transaction demonstrates that crypto can be a long term play and that the crypto ecosystem is becoming mature. There is a rising market demand for long-end […]

HONG KONG SAR – Media OutReach – 11 April 2022 – Reckitt’s brand Durex is proud to be honoured ‘Best Content Marketing – Bronze’ for its success brought by the ‘Durex Love Series’ Campaign (the Campaign), in the ‘2022 Event Marketing Award’ organised by Campaign, a credible advertising and marketing publication in Asia-Pacific. The awards recognised Durex’s outstanding performance in infusing the best marketing content throughout the […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 8 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and BTC3S. These leveraged tokens are short-term investment vehicles that let traders reap the benefits of leverage with no margin, collateral or liquidation risks. They have no margin […]

HONG KONG SAR – Media OutReach – 8 April 2022 – Today, IX Asia Indexes Company Limited announced the 1st quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. The number of constituent cryptos will be increased from the current 11 to 19 constituents from effective date of the review, in light of decreasing dominance of Bitcoin and […]

SINGAPORE – Media OutReach – 6 April 2022 – TRON founder Justin Sun has recently purchased the complete set of the crypto artworks “Twelve Digital Zodiac Heads” at the Twelve Digital Zodiac Heads Special Auction hosted by Metapoly XM, a brand under Poly Auction (Xiamen). The “Twelve Digital Zodiac Heads” is the one and only NFT art collection that draws inspiration from China’s Zodiac Heads, which was […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 6 April 2022 – Bybit, one of the world’s fastest growing cryptocurrency exchanges, has completed its integration of MetaTrader 4 (MT4), the gold standard for forex (FX) and contract for differences (CFD) trading. Widely popular among retail traders, MT4 offers advanced technical analysis, a flexible trading system, and algorithmic trading tools. Developed by MetaQuotes, MT4’s functionalities on Bybit will […]

BANGKOK, THAILAND – Media OutReach – 5 April 2022 – Refinitiv, an LSEG business, has announced the winners of its FX Trading Awards 2022 for Thailand’s trading community. The FX Awards aim to promote transparency and liquidity in the Thailand foreign exchange market and to recognize its importance to the broader local economy. Award winners were determined based on trading activity on Refinitiv’s FX trading platforms. Refinitiv […]

STAMFORD, CT – ASL Capital Markets Inc. (ASL) – 04 April 2022 -ASL Capital Markets Inc. (ASL), a government securities broker-dealer focused on trading and securities financing, today announced that it has been designated a primary dealer by the New York Fed. ASL is now one of 25 primary dealers, which serve as counterparties to the New York Fed in open-market operations, underwrite Treasury debt issuance, and […]

The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of USD 15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a surge in demand for the DGCX’s G6 Currency Future Contracts during March, as it recorded a year-to-date (Y-T-D) growth […]

Sheikh Manzoor Ahmed The United Arab Emirates (UAE) stands out as a shining example of having excellent and strong bonds of friendship with India in the whole of the Middle East. The two countries are set to expand and diversify cooperation in a wide range of spheres- diplomatic, security, investment and science and technology, besides giving a required fillip to trade and economic ties to take bilateral trade to […]

Spackman Media Group flagship artist Son Ye-jin’s JTBC K-drama, 39, recorded its highest audience rating of 8.9% for its last episode, according to Nielsen Korea The JTBC K-drama ranked as #1 most watched content on OTT in Korea and 8th top Netflix TV shows worldwide in March Represented by MSteam of Spackman Media Group, Son Ye-jin previously starred in tvN’s drama, CRASH LANDING ON YOU, which achieved […]

People in Sri Lankan capital Colombo, suffering for weeks under a terrible economic crisis, erupted in protest late this evening. More than 2000 people held a protest march in the Lankan capital near the President’s house demanding that he step down, and clashed with the police. The paramilitary police unit, a Special Task Force, had […]

The post Late-night protest near Lanka President’s home first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 31 March 2022 – IX Asia Indexes Company Limited (‘IX Asia Indexes’) announced the launch of 11 IX Crypto Spot Price Index Series (“the Spot Price Index Series”) on 1 April 2022. The 11 spot price indexes are selected from the constituent list of the ixCrypto Index (“IXCI”) which aims to cover 80% of the total market capitalisation with a […]

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