Financial markets
The Bank for International Settlements has released a critical analysis of the importance of foreign exchange (FX) derivatives in facilitating cross-border bond investments and serving as a barometer for global financial conditions. The report highlights the key role played by FX swaps and forwards in managing currency risk for international
Financial markets
Residential consumers in Negros Occidental, particularly in the municipalities served by the Northern Negros Electric Cooperative (Noneco) and the Negros Occidental Electric Cooperative (Noceco), are expected to pay lower power rates in June. The two electric cooperatives have availed of reduced prices from suppliers and the Wholesale Electricity Spot Market
Financial markets
As part of its commitment to transparency and shareholder engagement, DeFi Technologies Inc. has engaged ShareIntel and Urvin to support an initiative aimed at deepening market intelligence and strengthening transparency for its shareholders. DeFi Technologies is implementing tools and analytics to gain greater visibility into trading activity surrounding its common
Financial markets
The Securities and Exchange Commission (SEC) has taken steps to strengthen corporate governance and prevent the erosion of independent directorship by prohibiting independent directors from transitioning into executive director roles within the same company or group. The commission has also introduced a three-year cooling-off period for Chief Executive Officers (CEOs)
Financial markets
The China Securities Regulatory Commission (CSRC) has issued a warning to New Mileage Health Technology Group Co., Ltd. and its subsidiary, Xuyi Hengshan Traditional Chinese Medicine Hospital Co., Ltd., for non-standard financial accounting practices. The investigation found that New Mileage Health Technology Group Co., Ltd. failed to recognize repurchase obligation
Financial markets
The Securities and Exchange Commission (SEC) has issued a warning against Zugacoin and Samzuga GPT, deeming them unlicensed and unauthorized to operate in Nigeria's capital market. According to the Commission, these cryptocurrency products are being falsely promoted online without any regulatory approval or valid operational credentials. The SEC
Financial markets
Dubai-based Gulf Navigation Holding PJSC has made significant strides in its financial landscape by announcing the approval of issuing non-interest bearing mandatory convertible bonds worth AED 500 million. The board's decision has been backed by the general assembly, paving the way for the issuance of 454,545,455
Financial markets
Summus Capital OU, a leading real estate investment company in the Baltics and Poland, has issued its third bond, allowing retail investors in Estonia, Latvia, and Lithuania to participate for the first time. The bonds offer an 8% annual interest rate with quarterly payments, a nominal value of EUR1,000,
Financial markets
Nigeria's economic growth at 3.4% in 2024 is its highest since 2019, but this growth is marred by worsening poverty, particularly in rural areas. The World Bank applauds Nigeria's economic reforms but notes that the country's poverty rate increased to 46% in 2024,
Financial markets
On June 19, 2025, Emaar Properties PJSC witnessed a moderate move in its stock price on the Dubai Financial Market, with trading activity remaining vigorous. The company's shares fluctuated between 12.05 AED and 11.6 AED, with a bid volume of 69,950 shares and a bid
Financial markets
Switzerland's central bank, the Swiss National Bank, has reduced its target interest rate by a quarter of a percentage point, citing eased inflationary pressures. The bank noted that nearly flat inflation has nosedived into negative territory in May compared to February, primarily due to declining prices in the
Financial markets
A potential trade deal between the U.S. and Canada could lead to the Bank of Canada keeping its interest rate steady, impacting variable mortgage rates, while possibly making fixed-rate mortgages cheaper. The deal could boost consumer confidence and propel the economy, prompting the central bank to maintain its current
