News

iDEGEN set to go live on BitMart exchange in early March

iDEGEN is in focus this morning after announcing plans to list its AI-enabled meme coin on the BitMart exchange on March 4 at 1 PM UTC. The meme coin attracted solid demand that helped it raise more than $24 million in the presale, painting a rosy pi...

Long ABBV: bullish breakout above key resistance signals strong uptrend with upside potential and growth momentum

UK banks hit with £100M penalty for breaching gilt trading rules

Four global banks—Citi, HSBC, Morgan Stanley, and Royal Bank of Canada—have been fined a combined total of more than £100mn by the UK’s Competition and Markets Authority (CMA) following an investigation into the exchange of sensitive information abou...

Here’s why the top Hang Seng Tech index stocks are surging

The Hang Seng Tech index has soared to a four-year high as Chinese technology companies jumped. It jumped to a high of H$5,860, up by almost 100% from its lowest point in 2024. So, will Hong Kong’s equivalent to the Nasdaq 100 index continue surging?...

FTSE 100 index shares to watch: Rolls-Royce, IAG, Aviva, Ocado

The FTSE 100 index remained under pressure this week after the UK published strong consumer inflation data, raising the possibility that the Bank of England (BoE) will hike interest rates. The index, which tracks the biggest companies in the UK, retr...

Rhumbline Advisers Increases Stake in Landstar System, Inc. (NASDAQ:LSTR)

Highlights,Rhumbline Advisers increased its stake in Landstar System by 1.7% in Q4, reflecting sustained interest among institutional investors.,Multiple investors, including Thrivent Financial and Boston Trust Walden Corp, have significantly boosted...

Rhumbline Advisers possesses holdings valued at $22.52 million in Advanced Drainage Systems, Inc. (NYSE:WMS).

Highlight,Institutional investors like Rhumbline Advisers and others have adjusted their holdings in Advanced Drainage Systems, showing diverse investment strategies.,Recent analyst coverage reveals a range of ratings for Advanced Drainage Systems, w...

Rhumbline Advisers Acquires 2,844 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Highlights,Major investors, including Rhumbline Advisers and V Square Quantitative Management LLC, adjust positions, reinforcing confidence in Taylor Morrison Home Co. (NYSE:TMHC).,Mixed ratings from financial institutions reflect a diverse market pe...

Allspring Global Investments Holdings LLC Sells Shares of Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)

Highlight,Allspring Global Investments Holdings LLC made a slight reduction in its shares of Norwegian Cruise Line in the fourth quarter.,Institutional investors and hedge funds hold 69.58% of Norwegian Cruise Line's stock, with notable buyer activit...

Why is Albemarle (NYSE:ALB) Facing Challenges in the Specialty Chemicals Sector?

Highlights,Albemarle,(NYSE:ALB),reported lower-than-expected quarterly earnings.,The company faced a negative net margin and return on equity.,Multiple brokerage firms have revised their expectations for Albemarle.,Introduction to the Specialty Chemi...

The Blockchain Group Shareholders Authorise New Financial Delegations At The Extraordinary General Meeting, In Order To Increase Its Capital Raising Capacity To Over Eur 300 Million To Accelerate Its Bitcoin Treasury Company Strategy

Puteaux, February 21, 2025: The Blockchain Group (ISIN code: FR0011053636, ticker: ALTBG), Europe's first Bitcoin Treasury Company, holding subsidiaries specializing in Data Intelligence, AI...

House of Issue

Highlights,A house of issue is an investment bank that underwrites stock or bond offerings.,It facilitates the public issuance of securities, connecting issuers with investors.,It plays a vital role in capital markets, ensuring liquidity and price st...

Bitcoin is in the ‘early stages of a bull market’: Here’s what it means for Bitcoin Pepe

Bitcoin has consolidated in recent weeks but the long-term upward trajectory of the world’s largest cryptocurrency by market cap remains intact, according to Adam Back – the chief executive of Blockstream. Back attributes the recent pullback in BTC t...

CIA to dismantle diversity programs in biggest restructuring since 1977

The Central Intelligence Agency (CIA) is undergoing its most significant restructuring in nearly five decades, with a focus on dismantling diversity initiatives and reassessing personnel involved in recruitment efforts. The move, first reported by Th...

Bitcoin surges to $98,000, Solana and Ethereum rise while XRP slides

The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearl...

How Trump is using US gas to reshape Asia’s energy ties

A seemingly ordinary lunch between President Donald Trump and a then Japanese politician Shigeru Ishiba this month peeled back the curtain on a bold vision: to reshape Asia’s energy landscape with American natural gas, a vision that has been lo...

Standard Chartered to repurchase $1.5B in shares after reporting 18% profit surge

Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit. The bank attributed the strong performance to record growth in its wealth management division and robu...

Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound

Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce segments, signaling a broader...

Meta executives eligible for 200% salary bonus under new pay structure

Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percen...

Tencent Cloud Supports Fusion Bank's Successful Launch of a Next-Generation Core Banking System

The bank's seamless upgrade, completed in just 10 months, sets a new benchmark for core banking transformations in Hong Kong HONG KONG, Feb. 21, 2025 /PRNewswire/ -- As digital transformation accelera...