Silicon carbide (SiC) once thrived amid substrate shortages. However, according to the news report from the technology-focused media DIGITIMES Asia, 2024 saw a significant shift where Chinese manufacturers dramatically ramp up production, resulting in a collapse of prices for mainstream 6-inch substrates and a steep decline in 8-inch prices. Continue reading
Islamic finance continues to be a significant and growing part of the global financial landscape, with a $3 trillion finance market. It offers alternatives to the mainstream UK financial structure that align with Shari’ah law, including ethical, interest-free finance. Continue reading
Garmin Ltd. (NYSE: GRMN) today announced it has acquired Lumishore, a privately-held company that designs and manufactures high-performance above and underwater LED lighting systems for boats. Continue reading
NAGA is excited to announce a major expansion of its financial education initiative, designed to provide knowledge and real-time insights to traders globally. By assembling a team of seasoned professionals with experience from some of the world’s most respected financial institutions, NAGA ensures that every user has access to top-tier education—no matter their background or location. Continue reading
Financial markets typically experience a period of volatility in the run to, during and following November’s US Presidential Election. Trade Nation’s low-cost, fixed spreads offering is considered a great salve, providing clients with the transparency and stability they need when trading and investing during times of uncertainty. Read more
Digital Asset, a leading provider of blockchain solutions, today announced that it has completed a collaborative initiative to successfully tokenize gilts, Eurobonds, and gold.
Euroclear, The World Gold Council, and global law firm Clifford Chance were among a broad group of pilot participants- which included investors, banks, CCPs, custodians, and a central securities depository. The aim was to demonstrate how tokenized assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency. Continue reading
India is set to surpass the impressive mark of US$ 5.4 trillion in consumer spending by 2034, up from the current US$ 1.8 trillion, according to data from the World Data Lab analyzed by EBANX, a global technology company specializing in payment services for emerging markets. It represents a growth of 12% per year, three times higher than the projection for the United States, at 4%, and more than two times higher than the global average of 5%. This boost will place India as the third-largest market in the world in consumer spending, behind only the United States and China. Continue reading
China’s first digital-native bank, WeBank, and global management consulting firm Oliver Wyman have jointly launched a new report titled “Global Digital Banking: Development and Innovation Trends”. The report offers an in-depth analysis of the development of global digital banks and insights into the future trajectory and competitive landscape of the industry. Continue reading
Amid a global economic slowdown, market volatility, geopolitical shifts and monetary easing, the global IPO market in Q3 2024 has shown signs of cautious optimism. Despite a dip in year-over-year (YOY) volumes by 14% to 310 IPOs and proceeds by 35% to US$24.9b, Q3 did modestly outpace the first two quarters of 2024 in IPO launches. Continue reading