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  • SET And KTB to Launch The First DRx Based On Apple And Tesla Stocks

    Date 22/09/2022

    The Stock Exchange of Thailand (SET) and Krungthai Bank pcl (KTB) will launch its first ever fractional depositary receipts (DRx) to make high-flying global stocks more affordable on the Thai bourse. The first two DRx based on Apple and Tesla as underlying stocks, issued by Krungthai Bank pcl (KTB), will start trading on September 29.

  • Tokyo Stock Exchange: Preparation Of Practical Handbook For English Disclosure

    Date 22/09/2022

    Today, Tokyo Stock Exchange, Inc. (TSE) has electronically distributed the "Practical Handbook for English Disclosure" to all listed companies from the viewpoint of promoting English disclosure initiatives. With summaries of points to note and insight into disclosing information in English, this handbook has been created to assist listed companies in preparing disclosure information in English.

  • Global Fintech Fest 2022: India Reiterates Its Commitment Towards Sustainable Development Through Fintech

    Date 22/09/2022

    Indian Finance Minister and Reserve Bank of India Governor reiterated their commitment towards sustainable development speaking at the Global Fintech Fest 2022 (GFF 2022) being held here September 20 to 22, 2022. The theme of India's largest fintech conference is, "Creating a Sustainable Financial World: Global, Inclusive, Green."

  • Higher Interest Rates Will Not Save The Pound—Nor Will A Weaker Currency Prop Up The UK Stock Market - Qontigo, Christoph Schon, Senior Principal Applied Research At Qontigo

    Date 22/09/2022

    Conventional wisdom has it that higher interest rates make a currency more attractive to foreign investors, whereas a weaker exchange rate can be good news for export-oriented economies. Neither is true for the United Kingdom right now. Despite the Bank of England is expected to raise its base rate to similar heights as US federal funds, the pound could extend its recent losses against its American rival even further. And although a weaker currency has been good news for British blue chips in the past (e.g., after the Brexit referendum), the UK’s large trade deficit is likely to put more downward pressure on the pound, while also fueling inflation. Our stress tests generated in Axioma Risk™, therefore, indicate that additional stock market losses could well be in store. 

  • DIFC FinTech Hive Selects Verto As Part Of The 2022 Accelerator Programme Cohort

    Date 22/09/2022

    Verto, the leading B2B cross-border payments and foreign exchange (FX) enabler, today announced that it has been selected as part of the DIFC FinTech Hive 2022 Accelerator Programme Cohort. The programme offers the most innovative start-ups access to the Middle East, Africa and South Asia (MEASA)’s largest financial industry banks and insurance companies for partnership opportunities, exposure to investors and mentorship.