Author: Charlotte

Indonesia plans to reduce its reliance on Singapore for internet and digital connectivity by diversifying network routes, according to the Ministry of Communication and Digital Affairs. Latest Read: Metfone Express Launches, Expands Cambodia’s Digital Ecosystem “Currently, 90% of our internet traffic depends on Singapore,” said Denny Setiawan, Director of Strategy and Policy for Digital Infrastructure at the ministry. This reliance stems from Singapore’s role as Southeast Asia’s main digital hub, hosting major subsea cable networks, data centers, and global cloud services. Subsea cables are seen as critical infrastructure for information and telecommunications. Often described as the “backbone of the global…

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. The Digital Asset Market Clarity Act (CLARITY Act), establishing a permanent statutory boundary between federal agencies in regulating digital assets, was formally placed on the U.S. Senate Legislative Calendar. However, its immediate passage faces strong resistance as the bill recently stumbled over crucial hurdles regarding ethics disputes and law enforcement concerns. Prediction market odds on Polymarket for the bill passing have plummeted to 47-48% (down from over 74%), with a few…

Step inside any high-end café in Cairo, a bustling merchant hub in Amman, or a trendy restaurant in Beirut, and you will witness an identical macroeconomic performance. Patrons may use a mix of cash and electronic payment methods, but cash remains king. Thick, rubber-banded bricks of banknotes, often a mix of volatile local currencies and crisp US dollars. A few blocks away, the imposing glass-and-steel headquarters of the nations’ central banks sit quiet, their foreign reserves depleted and their policy levers rendered entirely useless. The banks still stand. The money simply found another way to move. This is the real…

According to Bitcoin.com, the Dubai Virtual Assets Regulatory Authority (VARA) recently released a new version of the Anti-Money Laundering (AML) regulatory guidelines, requiring cryptocurrency businesses operating in Dubai to incorporate real-time data on high-risk and blacklist countries from the FATF into their risk scoring models, replacing the previous static compliance tracking mechanism. The new regulations require businesses to update their risk assessments at least every three months, and any significant changes in operational structure or product lines must be updated immediately; at the same time, the risks of diffusion financing and targeted financial sanctions must be assessed separately and not…

Substandard infrastructure and aging workforce plague Kyrgyzstan’s Medical and Social Expertise Commissions Kyialbek Tashpolotov, Director of the Republican Center for Medical and Social Expertise AKIPRESS.COM – Regional Medical and Social Expertise Commissions (MSEK) operate under precarious conditions, functioning as temporary tenants within hospitals, municipal facilities, and social protection offices, Kyialbek Tashpolotov, the Director of the Republican Center for Medical and Social Expertise, disclosed these operational challenges during a meeting of the Parliamentary Committee on Labor, Social Protection, Health, Women’s Affairs, and Social Issues, which was reviewing a Ministry of Labor report on the center’s activities… Source link

Our five-ETF screen is beating its benchmark Investors’ Chronicle Source link

Low Supply, High Tenant Demand Drives Pompano Beach Industrial Real Estate Market TAPinto Source link

The trade is essentially a reversal of the war premium across asset classes: long bonds, short dollar, long Asian equities and currencies against a backdrop of fading Fed hike expectations. The two-year Treasury yield has the most immediate read-through, having dropped to 4.02% on Monday as crude fell and rate hike bets were trimmed. The yen is the currency trade attracting the most explicit conviction, with Japan’s energy import dependency having made it one of the cleaner expressions of Hormuz disruption risk. Southeast Asian equities, having underperformed sharply during the conflict, offer the most asymmetric upside if the deal holds,…

Every month, mutual fund portfolio disclosures offer a peek into what fund managers have been doing behind the scenes. The changes reveal where fund managers are spotting new opportunities, which sectors are gaining favour, and which stocks are gradually losing conviction. Open FREE Demat Account within minutes!Join now The latest disclosures from some of India’s largest flexi cap funds show exactly that. In May, fund managers added exposure to companies across healthcare, financial services, manufacturing and consumption, while also trimming or exiting a handful of existing positions. From HDFC Flexi Cap and ICICI Prudential Flexi Cap to SBI Flexi Cap,…

Summer Sorensen  / For The Reflector A full-scale pure silver reproduction of Michelangelo’s David — certified by Guinness World Records as both the largest and heaviest silver sculpture in existence — was unveiled last week at Museo Michelangelo in Battle Ground village. Adding significance to the event was the presence of a Guinness World Record adjudicator, who bestowed the two awards on the statue before the watching crowd. The statue’s dimensions match the original marble statue exactly: 16.6 feet high, approximately 5.6 feet wide and 4.3 feet deep. Its weight is 44,000 troy ounces of .999 pure silver — more…