Author: Charlotte

The House of Lords has told the Bank of England and the FCA to keep to their timetable on stablecoin regulation, arguing that further delay will hand the digital payments race to Washington and Brussels, and shut British SMEs out of a fast-moving market. Britain’s stablecoin moment has, in the view of peers, finally arrived, and the regulators must not fluff it. In a report published this week under the unsentimental title Stablecoins: waiting for regulation, the cross-party House of Lords Financial Services Regulation Committee has urged the Bank of England, the Financial Conduct Authority and HM Treasury to stick…

August 5th marked another grim day for Imran Khan, the former Prime Minister of Pakistan and one of the world’s greatest cricketers. It was the second anniversary of his incarceration in Rawalpindi’s Adiala jail on trumped-up charges. Thanks to General Asim Munir, the Army’s Chief of Staff, Khan has been held in solitary confinement in a six-by-eight “death cell” for two years. Anyone less that “Captain Pakistan,” as Khan is known, would have met the Grim Reaper long ago. The last time I spoke to Khan was on April 2, 2023. We spoke for an hour-and-a-half via Zoom. I was…

An Ontario court has rejected an energy company’s claim against a defunct hedge fund firm, Traynor Ridge Capital Inc. — which was cease traded back in 2023, after the firm’s head suddenly died — ruling that shareholders don’t owe any duty to the issuers of the stocks they trade. In October 2023, Traynor Ridge and its funds were cease traded by the Ontario Securities Commission (OSC) after the operator and sole officer of Traynor Ridge, Chris Callahan, passed away, leaving no one in charge of the firm — which was then also placed into receivership under Ernst & Young Inc.…

What Happened? Shares of semiconductor company Semtech (NASDAQ:SMTC) jumped 10.8% in the afternoon session after it caught a powerful tailwind from HPE’s blockbuster Q2 results. This is the same demand environment SMCI directly operates in. Also, product announcements at Computex 2026 in Taipei reinforced SMCI’s AI server roadmap. At Computex, SMCI announced it is one of the first partners to bring AMD’s 72-GPU Helios rack-scale system to market, and simultaneously launched a new Arm AGI CPU rack-scale lineup targeting enterprise agentic AI workloads. Arm estimates deployments using its AGI CPU in Supermicro solutions can save enterprises up to $10 billion…

SpaceX is coming to your retirement account. Not everyone is thrilled. NBC News Source link

Selecting the players, games and kits from Old Gold history he deems to be the most underrated is the Express and Star’s Wolves correspondent, Liam Keen. Goalkeeper | John Ruddy After John Ruddy’s first season at Wolves, no one would have described him as underrated, but the remaining four years of his time at the club he found himself on the bench. He was a strong leader, good goalkeeper and deserves appreciation for his contribution. Defender | Toti Going with a current player, it has to be Toti Gomes. His rise up the ranks at Wolves after returning from a…

Photo: cnsphotoEditor’s Note:Currently, China’s economy is steadily advancing along the path of high-quality development, even as domestic and international circumstances become increasingly complex. Some Western media, due to misunderstanding or bias, have repeatedly questioned or even distorted China’s economic development. Accordingly, the Global Times launches the “Q&A on China’s Economy” column to publish opinion pieces to present facts and clarify perceptions.Over the past few months, pork prices in China have continued to decline. Some Western media outlets have seized on this trend, portraying it as an “ominous sign” for the Chinese economy. They argue that falling pork prices reflect “anemic…

Premium Premium statistics Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. Singapore’s direct equity investment value in China from 2013 to 2022 (in billion Singapore dollars) CharacteristicInvestment value in billion Singapore dollars——————–The chart is not accessible to screen readers. Please switch to the table view to access the data.You need a Statista Account for unlimited accessImmediate access to 1m+ statisticsIncl. source referencesDownload as PNG, PDF, XLS, PPTAlready have an account? SourceMore informationSurvey time period2013 to 2022 Supplementary notes One Singapore dollar (SGD) equals to approximately 0.75 U.S. dollars or 0.69…

Nicola Mining Inc. plans to start mining gold and silver soon at its Dominion gold project. The ore will be processed at the company’s Merritt mill, the only fully permitted milling facility in British Columbia authorized to process gold and silver ore, according to the company. In anticipation of commencement of operations, the company said it has advanced multiple key infrastructure, equipment and operational initiatives, while also strengthening its reclamation profile. Nicola’s plans for the site include installing a fully furnished 14-person camp, including all required site facilities. The company has also acquired three Cat 336-07 excavators, a Traxxon TR-EX2000…

The technological novelty defense has a shelf life. For stablecoins, it’s expiring. And while stablecoin issuers have traditionally argued that their products represented something beyond traditional finance, central banks are looking past the programmable flash of blockchain and focusing on something far more familiar underneath the hood. One of the more revealing aspects of a recent speech by a governor at the European Central Bank (ECB) was its repeated comparison of stablecoins to money market funds. At first glance, the analogy may seem obscure or even forced. Money market funds (MMFs) are conservative cash-management vehicles used by corporations and institutional…