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China’s latest wave of interest in OpenClaw is increasing the willingness of price-conscious locals to spend on artificial intelligence tools, potentially boosting AI players in search of a monetization path. In particular, Hong Kong-traded Tencent shares were trending lower to start the year. But news last week that the company was integrating its own version of the popular AI agent across its apps helped the stock recover from nine-month lows. OpenClaw, an AI agent that can assist with personal computing tasks, has quickly become one of the most popular AI tools for people around the world to download and try…

Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion.That fundraising chatter is taking place in the middle of a political storm.Iran-related contracts turned prediction markets from a quirky forecasting niche into a question about insider information and incentives around war. Reuters reviewed Polymarket markets tied to the timing of attacks and Khamenei’s removal and found about $529 million wagered…

U.S. stock-index futures reversed early losses on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxChubb has appointed Seshadri (Sesh) Iyer as Executive Vice President, Chubb Group, Operations, Technology and Digital Transformation, effective April 6.He succeeds Julie Dillman, who will retire on 2 April after nearly a decade with the company.In the role, Iyer will oversee Chubb’s global operations and technology.He will also work with Sean Ringsted, Chief Digital Business Officer, on the company’s digital transformation across underwriting, sales and service operations worldwide.Iyer will report to Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb Limited and Chubb Group, and John Keogh,…

Perpetual to sell wealth management arm to Bain Capital for $350 million upfront

Cotton futures are trading with 101 to 108 midday gains so far. The outside markets are pressure factors at midday but being shrugged off. The US dollar index is up 527 points, with crude oil futures back down 35 cents/barrel.The Seam reported 2,808 bales of online sales on November 19 at an average price of 64.18 cents/lb. ICE cotton stocks were unchanged on Tuesday, at 13,274 bales of certified stocks. The Cotlook A Index was up 10 points on 11/19 at 79.45 cents/lb. The USDA Adjusted World Price (AWP) was back up 24 points last week to 58.20 cents/lb. It will…

Investors await Fed rate outlook as Iran war keeps markets on edge

Russia is supplying Iran with Shahed drones, Zelenskiy says

Fed’s Bowman outlines imminent changes to US capital rules – Central Banking Skip to main content End of drawer navigation content Overall framework to remain more robust than previous version, but will aim to eliminate overlaps Michelle Bowman has unveiled the US Federal Reserve’s proposed changes to banking regulations.In a speech at the Cato Institute on March 12, the Fed’s vice-chair for supervision explained how smaller and regional banks would receive a modest reduction in capital requirements. Larger lenders would benefit from a small net change in their own requirements, because Basel III-related capital rule increases would be partly offset…

Less than 1% of Australian crypto transactions were tied to illicit actors, even as the such entities in the country processed $50 billion in one year. Illicit activity accounts for only a small fraction of Australia’s cryptocurrency ecosystem, even as digital asset adoption continues to expand. According to the analysis by TRM Labs, less than 1% of the country’s total on-chain crypto activity between March 2025 and February 2026 was linked to illicit counterparties, which essentially highlights that the vast majority of transactions occur within legitimate financial and commercial use cases. Australia’s Crypto Ecosystem Over the same period, Australian…