Author: Admin

Thailand unexpectedly cuts rates on lower growth outlook – Central Banking Skip to main content End of drawer navigation content Central bank hopes easing of policy will support SMEs, households and overall economy Thailand’s central bank unexpectedly lowered its benchmark policy rate by 25 basis points today (February 25), as officials said growth was projected to remain below potential this year and next. The monetary policy committee voted four to two to cut the rate from 1.25% to 1%, according to a statement from the Bank of Thailand (BoT). The two dissenting board members voted to keep the rate unchanged.The statement…

Read More

Hong Kong is integrating its debt market into the blockchain and crypto era, announcing a new digital asset platform in the second half of the year that will support the issuance and settlement of tokenized bonds.Financial Secretary Paul Chan confirmed Wednesday during his 2026/2027 budget speech that the Hong Kong Monetary Authority’s (HKMA) CMU OmniClear Holdings will build the infrastructure, with explicit plans to link it with regional tokenization hubs.The move shifts Hong Kong from pilot programs to permanent market architecture, consolidating liquidity across Asian markets. By connecting with external platforms, the initiative aims to prevent the “digital island” effect…

Read More

At a time when Wall Street is balancing steady economic growth with uncertainty around interest rates and geopolitics, mutual funds managed by PIMCO are attracting attention for their disciplined, research-driven approach to fixed income. Founded in 1971 in Newport Beach, CA, PIMCO began as a bond-focused investment manager and grew into a global firm with offices across the Americas, Europe and Asia. Headquartered in Newport Beach, it employs thousands of professionals worldwide, with a presence in major financial centers such as New York and London, supporting its global investment perspective.In the current environment, where inflation trends remain uneven and central…

Read More

Penny Software, the AI-driven digital procurement and spend-management platform, has officially opened a new UK office in Derby, marking a significant milestone in its global expansion.Founded in 2020 and headquartered in Riyadh, Saudi Arabia, the company provides a B2B digital procurement solution that currently serves enterprises across more than 75 countries. The new Derby location will act as a regional hub to support growing demand from UK and European clients, accelerating local partnerships and enhancing service delivery.Choosing Derby over LondonWhile many international fintech and software companies default to London for their UK base, Penny Software took a different approach.According to…

Read More

BloombergNEF’s Head of Carbon Market Research Emma Coker joined Bloomberg’s Daybreak Europe after recent price volatility in EU carbon markets. Speaking to Lizzy Burden, Coker discusses the impact of an upcoming set of reforms. (Source: Bloomberg)

Read More

Check out what’s clicking on FoxBusiness.com. The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination. Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.The recalled bags have lot number 24045 and an expiration date of April 2027. The dog treats were sold to Florida Hardware, which distributed the items to feed stores in Alabama, Florida, Georgia, North Carolina and South Carolina. RECALL ISSUED FOR MORE THAN 12K ADULT BED RAILS OVER…

Read More

Jones Financial Companies Lllp increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 9.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,108,025 shares of the computer hardware maker’s stock after purchasing an additional 356,202 shares during the quarter. NVIDIA makes up approximately 0.5% of Jones Financial Companies Lllp’s holdings, making the stock its 23rd largest holding. Jones Financial Companies Lllp’s holdings in NVIDIA were worth $735,483,000 at the end of the most recent reporting period. A number of other…

Read More

Public Bitcoin miners collectively held 115,335 BTC as of Feb. 20, worth roughly $7.4 billion at the recent price, but that treasury dropped 4.44% month-over-month, the first sustained contraction since miners began stockpiling coins as balance-sheet assets.The decline wasn’t an accident. Riot Platforms sold 1,818 BTC in December 2025 for $161.6 million in net proceeds. Bitdeer liquidated its entire treasury, selling 189.8 BTC it mined plus dumping 943.1 BTC from reserves to fund a pivot into AI infrastructure backed by $300 million in convertible notes.The pattern suggests miner treasuries are shifting from strategic reserves to working capital, and the timing…

Read More