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Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxSumsub has rolled out its Travel Rule solution at Bitazza Thailand ahead of new regulatory requirements expected later this year.Thailand’s Securities and Exchange Commission (SEC) is preparing to require digital asset businesses to collect and securely exchange specific information on qualifying digital asset transfers.The rule follows recommendations from the Financial Action Task Force and aims to strengthen safeguards against money laundering and terrorist financing.Bitazza Thailand is a digital asset broker licensed by Thailand’s Ministry of Finance and regulated by the SEC.The company began working with Sumsub in 2025…

China has entered a new phase of exporting artificial intelligence-related hardware, creating “globally relevant export winners,” Goldman Sachs analysts said. Its analysis found companies with market opportunities ranging from $12 billion to $212 billion by 2030. With growing uncertainty around U.S. restrictions on high-tech imports from China, many exporters are instead expanding into Europe and Southeast Asia. And while many companies fit into clear categories such as filling overseas product shortages, Goldman recently noted industrial automation and robotics as two opportunities where execution of corporate strategy matters more than macroeconomic trends. “Strong product/tech competitiveness, R & D iteration speed and…

The S&P 500 Index ($SPX) (SPY) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) fell by -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell by -0.13%.  E-mini S&P futures (ESU26) fell -0.27%, and September E-mini Nasdaq futures (NQU26) fell -0.16%.Stocks ended Friday lower on weak US retail sales and consumer sentiment reports.  The weak US economic reports slightly reduced the odds of a September Fed rate hike to 32% from 35% but also sparked worries about a weaker US economy and weaker corporate earnings.  The stock market was also concerned that the 10-year T-note yield rose by +5 bp…

Rivian’s in-vehicle AI assistant launched in its vehicles on May 12, 2026.Michael Wayland / CNBCDETROIT — What’s the best advanced driver-assistance system on the market? Ask Rivian Automotive’s new artificial intelligence and it will say its creator.”Rivian’s is truly exceptional … an unmatched blend of safety and technology,” the chatbot told me during hourslong drives in one of its R1T pickup trucks in which the vehicle largely controlled itself on several Midwest highways.While the Rivian AI bot may be biased, that’s exactly the company’s goal with a new generation of vehicle software and technologies: to be the best. Rivian is…

Clockwise from top left: the flags of Kenya, Mauritius, Namibia and Uganda The central banks of Kenya, Mauritius, Namibia and Uganda all held their key interest rates this week, in line with market expectations.Kenya: The Central Bank of Kenya maintained the bank rate at 8.75% on August 11, its third consecutive hold.The bank described inflation as “broadly stable” in July, at 6.5%, marking a small increase from 6.4% in June but remaining within the bank’s 5% ±2.5 percentage points target range. It added that inflation is expected to remain within the target range in Only users who have a paid…

The contracts traded just 1.6% apart on average when both markets were active, and traded near $92 and $94 most recently, translating to a more than 300% upside from the IPO price.That fourfold premium also means Unitree could have a blockbuster debut and still leave leveraged bulls nursing steep losses.“Unitree can open at twice its IPO price and still liquidate a third of long exposure,” Allium said.An opening around $45, double the IPO price, would still be about 52% below the current perp price and could liquidate roughly 33% of long exposure, the analysts said. At the other extreme, a…

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“I don’t expect my marginal tax rate to be materially different in the future.”

“We were advised to return the bonus and take out a home-equity loan.”

Andy Burnham has been criticised for moving to cut electric vehicle (EV) sales targets and accept North Sea drilling at a time of devastating wildfires caused by the climate emergency.The prime minister for the first time acknowledged on Friday that the climate crisis was behind hundreds of wildfires that have ripped across the parts of the UK.The scale of the disaster has prompted the government to bring in the military, ban the sale of disposable barbecues and activate the national alert system to issue safety advice to people across England and Wales in areas at risk on Friday night.However, Burnham…