Author: Charlotte

Over a month ago, on 19 May, Sarah Breeden, Deputy Governor of the Bank of England for Financial Stability, used a speech to give a clear signal: the Bank had decided to rethink some of the more controversial aspects of its proposals for the regulation of systemic stablecoins, especially on holding limits (that is, maximum amounts of a particular stablecoin that an individual or business could hold) and on the composition of the assets used to back the stablecoin and ensure its 1:1 peg to sterling. The Policy Statement and draft Code of Practice (CoP) were published on 22…

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Wolf Cousins was co-founded by two of contemporary pop music’s most decorated figures. Max Martin has written or co-written 30 Billboard Hot 100 number one singles, producing or co-producing 28 of them, while Shellback has contributed to global hits for artists including Adele, Maroon 5, P!nk and Usher. Both hold multiple Grammy Awards. The collective brings together a broader roster of producers and songwriters including Ilya Salmanzadeh, Oscar Holter, Tove Lo, Ludvig Söderberg, Jakob Jerlström and Ali Payami, among others. The catalog covered by the transaction spans recordings by some of the world’s biggest-selling artists. Taylor Swift’s “Style” and “…Ready…

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The National Stock Exchange (NSE) has announced changes to trading modalities in the equity derivatives segment, extending the normal market closing time for futures and options (F&O) contracts by 10 minutes from August 3, 2026, following the introduction of a Closing Auction Session (CAS) in the equity cash segment.According to an NSE circular, the normal market close time for equity derivatives will be extended to 3:40 pm from the current 3:30 pm, while the trade modification end time will remain unchanged at 4:15 pm.The move is aimed at aligning derivatives trading with the newly introduced Closing Auction Session in the…

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About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance…

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TEMPO.CO, Jakarta – Coordinating Minister for Economic Affairs Airlangga Hartarto emphasized that the 2026 MSCI review results are a momentum to accelerate reforms within Indonesia’s capital market. According to him, retaining Emerging Market status proves that national economic fundamentals and market accessibility remain robust.”The government appreciates MSCI’s feedback as part of our collective effort to improve the quality of the capital market,” Airlangga stated in a written release on Wednesday, June 24, 2026.He noted that the administration’s focus is to ensure that reform agendas move beyond policy announcements, demanding consistent execution to yield real impact on market transparency, integrity, and investor…

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Ripple’s RLUSD is now available in Japan after Japan’s Financial Services Agency approved it for circulation via the cryptocurrency exchange SBI VC Trade. The exchange started supporting USDC more than a year ago. SBI has been an investor in Ripple for more than a decade. The relationship includes a joint venture, SBI Ripple Asia, and SBI regularly distributing XRP as dividends or rewards. SBI also became an investor in USDC issuer Circle more recently. The Japanese launch is initially on the Ethereum blockchain, where around half of RLUSD issuance is currently hosted. One notable point not mentioned in Ripple’s announcement…

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Gold has traditionally been viewed as a safe-haven asset during periods of market uncertainty. While investors often use it as a hedge against inflation and geopolitical risks, a recent study suggests that gold can also play an important role in improving the risk-return profile of an investment portfolio when combined with equity and debt.According to WhiteOak Capital’s June 2026 edition of “Chemistry of Investing”, adding gold to a portfolio alongside equity and debt has historically helped lower volatility while enhancing returns, highlighting the benefits of a diversified multi-asset allocation strategy.Also Read | MF Tracker: How Edelweiss Large Cap Fund logged…

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Allspring Targets International Acquisitions to Expand Asset Management Operations Allspring’s Global Expansion and Strategic Focus By Iain Withers Allspring Eyes Overseas Acquisitions LONDON, June 25 (Reuters) – U.S-based asset manager Allspring Global Investments is seeking overseas acquisitions, including in Britain and elsewhere in Europe, and has informally sounded out potential targets, the company’s CEO Kate Burke told Reuters. Background and Market Position Spun out of U.S. bank Wells Fargo in 2021, Allspring manages $625 billion globally, placing it among the ranks of mid-sized asset managers that face competitive pressures to grow and provide a broader range of products for its…

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Boston-based stablecoin issuer Circle Internet Financial announced a partnership on Thursday with Japanese financial conglomerate Nomura Holdings to launch a digital asset settlement business. The firms plan to deploy a corporate payment service in Japan as early as 2027.The agreement will let Japanese businesses exchange yen for USDC, Circle’s U.S. dollar-backed stablecoin, according to the announcement first reported by Nikkei. USDC is the world’s second-largest dollar-pegged stablecoin, boasting a market cap of $73.8 billion as of this writing.The Circle stablecoin token can be used for cross-border supplier payments, transfers between overseas affiliates, and foreign exchange settlements.The business aims at Japan’s…

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