Author: Charlotte

Stakk (ASX: SKK) has reported a sharp improvement in cash generation for the March quarter, with gross receipts rising to $5.36 million and net operating cash flow turning positive at $2.25m. Quarterly receipts were up 272% from $1.44m in the December quarter, reflecting rising transaction volumes across the platform and the conversion of previously announced client wins into active revenue-generating engagements. Cash and cash equivalents at the end of the quarter increased to $17.34m from $15.09m at the end of the previous quarter, strengthening Stakk’s liquidity as it continues to scale. The result marks a significant change from the December…

Ken Griffin’s Citadel criticises Zohran Mamdani for using his penthouse to sell New York tax plan Financial Times Source link

Cryptocurrency markets remained on the back foot Friday as macroeconomic signals from Japan, one of the world’s largest economies, compounded uncertainty driven by the Iran war.Bitcoin BTC$77,696.95 hovered near $77,800, having struggled to break above the Thursday high of $78,700 during the early Asian trading hours, according to CoinDesk data. The broader uptrend, which began in late March near the $65,000 mark, appears to have stalled since Wednesday.Ether (ETH), the second-largest cryptocurrency by market capitalization, traded around $2,300, slipping 0.8% since midnight UTC and underperforming bitcoin’s relatively modest 0.6% decline. The cautious tone in crypto markets coincided with fresh inflation…

ToplineBillionaire Ken Griffin’s hedge fund Citadel suggested it may review plans for a $6 billion expansion in New York City after Mayor Zohran Mamdani filmed a video announcing a new tax on second homes in the city in front of Griffin’s townhouse last week. Mayor Zohran Mamdani mentioned Citadel CEO Ken Griffin by name while announcing a new tax on expensive second homes in New York City for non-residents.AFP via Getty ImagesKey FactsAn internal email sent from Citadel chief operating officer Gerald Beeson — and first reported by the Wall Street Journal — responded to Mamdani’s video, in which the…

Water scarcity is no longer just an environmental or development issue. It directly constrains economic growth, according to the World Bank’s global water director, as a widening gap between supply and demand threatens productivity, jobs and stability.“If you don’t manage water well and ensure water security … there’s an economic contraction,” Saroj Kumar Jha told The National. He warned that the global economy is entering a period where water is shifting to a binding constraint on output, rather than a background resource. Water demand is projected to outstrip supply by at least 30 per cent by 2030, he said –…

As we step into 2026, India’s digital economy has evolved dramatically, with NFTs (Non-Fungible Tokens) now deeply woven into everyday finance and culture. No longer limited to digital art, NFTs are fueling innovation across sectors like gaming, real estate, and entertainment. India, propelled by the world’s largest youth population and a dynamic middle class, has become a global leader in real-world NFT adoption. Recent data from the Ministry of Electronics and Information Technology (MeitY) in its “India Web3 Report 2025” reveal a 22% year-on-year surge in local blockchain asset ownership. This comprehensive guide is tailored for beginners and intermediate users…

Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID: compliance@upstox.com | Registered Address: 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001 | RKSV Commodities India Pvt. Ltd.: SEBI Registration No.: INZ000015837 | MCX TM Code: 46510 | CIN: U74900DL2009PTC189166 | Compliance Officer: Mr. Amit Lalan. Tel No.: (022) 24229920. Email ID: compliance@rksv.in | Registered Address: 807, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001.…

From left: Trinh Viet Hung, business development director at Phu Thai Holdings, Namyang Dairy CEO Kim Seung-eon, Phu Thai Holdings Chairman Pham Dinh Doan and Lee Dong-chun, vice chairperson of Hahn & Co., pose for a photo during the Korea-Vietnam Business Forum in Hanoi, Vietnam, Thursday. (Hahn & Co.) Hahn & Co. has become the first Korean private equity firm to join a presidential business delegation, signaling a shift in how buyout firms are viewed in the corporate ecosystem.According to industry sources Friday, Vice Chairman Lee Dong-chun joined President Lee Jae Myung’s state visit to Vietnam as part of the…

As The Wall Street Journal (WSJ) reported, the nonprofit standard-setter for accounting voted Wednesday (April 23) to propose that all companies each year reveal the dollar amounts of the significant components of their cash equivalents, which includes stablecoins as well as assets like money-market funds and Treasury bills. “We can’t turn a blind eye to the fact that stablecoins are a new asset class,” said board member Christine Botosan, per the report. “They exist in evolving regulatory environments. In light of that, it is perfectly reasonable for investors to say that they need to understand whether stablecoins are included among…

Mice numbers are surging in parts of the country. Photo of a plague at a farm near SA’s Kadina in 1993. Picture: Oliver Townsend. Mouse bait allocated to South Australia has instead been sent to Western Australia, causing concern there may not be enough product locally to control surging rodent numbers. Wilhelm Rural managing director Brenton Wilhelm confirmed 100 tonne of mouse bait has been sent to the Esperance region in the past fortnight, potentially straining supplies for SA farmers. Mr Wilhelm, SA’s only importer of the ingredients required to manufacture mouse bait, said he currently had enough product to…