{
}
Komainu, the cryptocurrency custodian backed by Nomura Holdings Inc., is acquiring Singaporean rival Propine Holdings Pte Ltd. This marks Komainu's first acquisition, pending approval from the Monetary Authority of Singapore, with plans for more acquisitions in the future, according to co-CEO Paul Frost-Smith. The financial details of the deal have not been disclosed.
The global shadow banking market is projected to grow from USD 72 billion in 2024 to USD 120 billion by 2032, reflecting a CAGR of 6.5%. Key players include BlackRock, JPMorgan Chase, and Deutsche Bank, with Europe dominating the market and Asia-Pacific emerging as the fastest-growing region. Shadow banking, which encompasses non-bank financial intermediaries, offers credit and liquidity outside traditional banking systems, presenting both opportunities and risks due to its regulatory environment.
TME Pharma N.V. reported significant advancements in its clinical and regulatory efforts for NOX-A12, a treatment for glioblastoma, achieving a median overall survival of 19.9 months in a recent trial. The FDA granted Fast Track designation and cleared an IND application for a Phase 2 study, paving the way for accelerated development. The company also raised €5 million in funding, enhancing its financial position as it prepares for further clinical trials.
Gold prices have surged over 28% in 2024, reaching an all-time high above $2,600 per ounce, driven by global economic uncertainty and election-year volatility. Weekend trading allows investors to capitalize on market movements outside traditional hours, with IG offering unique features like no overnight interest charges. Traders are encouraged to stay informed, utilize technical analysis, and manage risks effectively to enhance their trading strategies.
UBS has downgraded A.P. Moller-Maersk from "Buy" to "Neutral," reducing the price target from 13,953 to 11,000 Danish kroner. Analyst Cristian Nedelcu noted that the shares face challenges due to concerns over medium-term overcapacity in the shipping sector and capital usage.
UBS has downgraded A.P. Møller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates a fleet of over 707 vessels and offers port and logistics services. Its net sales are geographically diverse, with significant contributions from the United States (22.4%) and other regions.
UBS has downgraded A.P. Möller-Maersk to neutral from buy. The company, a leader in maritime transportation, operates over 707 vessels and offers port and logistics services. Its net sales are primarily generated from the United States (22.4%), with other significant contributions from various countries.
UBS has downgraded A.P. Møller-Maersk to neutral from buy. The company, a leader in maritime transport, operates a fleet of over 707 vessels and provides port and logistical services. Its net sales are primarily generated from the United States (22.4%) and other global markets.
Flatiron Realty Capital has partnered with UBS O'Connor to establish a co-investment strategy focused on residential transition loans (RTL), aiming to raise up to $100 million. This initiative is expected to expand Flatiron's managed loan portfolio to at least $600 million, capitalizing on favorable market conditions. Janney served as the sole financial advisor for this transaction.
Flatiron Realty Capital has partnered with UBS O'Connor to establish a co-investment strategy focused on residential transition loans, aiming to raise up to $100 million. This initiative is expected to expand Flatiron's loan portfolio to at least $600 million, capitalizing on favorable market conditions. Janney served as the sole financial advisor for this transaction.
SGP
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
komainu acquires propine holdings in strategic expansion move
02:00 22.10.2024
shadow banking market poised for significant growth through 2032
United States Dollar
Euro
Cargill-IEC LLC
Deutsche Bank Aktiengesellschaft
UBS SA
HKG
JPN
SGP
KOR
IDN
VNM
PHL
THA
IND
TWN
AUS
MYS
CHN
UBS
Akash
Deutsche Bank
Cargill
Nidhi Bhawsar
Show more
15:30 21.10.2024
TME Pharma advances glioblastoma treatment with promising NOX-A12 trial results
Euro
TME Pharma N.V.
Primarybid Ltd.
TME Pharma AG
TME Pharma Inc.
Singapore Eye Research Institute
National Cancer Institute
Atlas Special Opportunities II LLC
USA
FRA
DEU
SGP
Frank Giordano
Joe Biden
Show more
18:00 18.10.2024
gold prices soar as weekend trading offers new investment opportunities
23:58 17.10.2024
ubs downgrades moller maersk to neutral with target of 11000 kroner
Danish Krone
United States Dollar
A.P. Møller - Mærsk A/S
ESP
IND
BRA
CRI
USA
GBR
MEX
NLD
SGP
DNK
CHN
AUS
DEU
Cristian Nedelcu
Show more
11:08 17.10.2024
ubs downgrades a p moller maersk to neutral amid market shifts
United States Dollar
A.P. Møller - Mærsk A/S
ESP
IND
BRA
CRI
USA
GBR
MEX
NLD
SGP
DNK
CHN
AUS
DEU
Show more
08:38 17.10.2024
ubs downgrades a p moller maersk to neutral amid market shifts
Euro
British Pound Sterling
Chinese Yuan
United States Dollar
A.P. Møller - Mærsk A/S
ESP
IND
BRA
CRI
USA
GBR
MEX
NLD
SGP
DNK
CHN
AUS
DEU
Show more
08:38 17.10.2024
ubs downgrades a p moller maersk to neutral rating
Euro
British Pound Sterling
Brazilian Real
United States Dollar
Chinese Yuan
A.P. Møller - Mærsk A/S
ESP
IND
BRA
CRI
USA
GBR
MEX
NLD
SGP
DNK
CHN
AUS
DEU
Show more
08:38 17.10.2024
flatiron realty capital and ubs oconnor launch co-investment strategy for residential loans
THE Penn Mutual Life Insurance Company Corp.
Financial Industry Regulatory Authority Inc.
UBS SA
Securities Investor Protection Corporation Non-Profit Corporation
Janney Montgomery Scott LLC
New York Stock Exchange
CHN
SGP
USA
GBR
Robert Talas
Matt Veneri
Matthew Pennino
Kipp Fawcett
Joshua Mercado
Show more
23:38 16.10.2024
flatiron realty capital and ubs oconnor launch co-investment strategy for residential loans
United States Dollar
Janney Montgomery Scott LLC
UBS O'Connor LLC
CHN
SGP
USA
GBR
Robert Talas
Matt Veneri
Joshua Mercado
Show more
23:36 16.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Supply Chain Management
Global Trade Developments
Startups & Entrepreneurship
Government Economic Policies
Industry Mergers & Acquisitions
Retail and Consumer Goods
Finance Mergers & Acquisitions
Financial Scams and Security
Fintech Startups
Emerging Startups
Workplace Trends
CEO Changes
Venture Capital Investments
Cryptocurrency Trends
Funding Rounds & Investments
Energy Sector Developments
Market Analysis and Predictions
Stock Market Updates
Countries:
Companies:
Apple Inc.
Google Inc.
NVIDIA Corporation
Delhivery Limited
Ecom Express Ltd.
Alphabet Inc.
OpenAI ERC USD
Ciscom Corp.
ERICSSON - CLASS B
Physicswallah Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
Snap Inc.
Tiktok USD
Semiconductor Manufacturing International Corporation
Hua Hong Semiconductor Ltd.
Spotify Technology S.A.
Dropbox, Inc.
Vimeo, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
United Arab Emirates Dirham
Vietnamese Đồng
New Taiwan Dollar
Russian Ruble
South Korean Won
Pakistani Rupee
Algerian Dinar
Australian Dollar
Thai Baht
Japanese Yen
Saudi Riyal
People:
Donald Trump
Ilya Sutskever
Peter Thiel
Amal El Fallah Seghrouchni
Trixie Lohmirmand
Scott Bessent
Jamieson Greer
Joe Jurken
Stephen Roachford
David French
Rick Woldenberg
Marc Rosenberg
Isaac Larian
Hichem Djouhri
Laurina Emmanuel
Tim Cook
Andrew Ferguson
Sheryl Sandberg
Mark Zuckerberg
Pavel Prass