Financial markets
The Philippine Stock Exchange Inc. (PSE) is close to acquiring a 97% stake in the Philippine Dealing System Holdings Corp. (PDS) through a series of acquisitions. The PSE aims to integrate the PDS into its operations to align the Philippine capital market with global standards. PSE president and CEO Ramon
Financial markets
On May 13, 2025, The National International Holding Company (NIH) saw a minor increase in its stock price on the Dubai Financial Market (DFM). The stock opened at its previous closing price of 1.89 AED and reached a high of 1.89 AED, with a current price settling at
Financial markets
Al Mazaya Holding Company's stock price exhibited a slight increase in its current price, reaching 0.838, marking a price change of 0.002, or a 0.23% increase. This transaction occurred on May 13, 2025, as reported by the Dubai Financial Market. The stock's designated
Financial markets
SIMPPLE Ltd., a pioneering technology provider in the facilities management sector, has successfully regained compliance with the minimum bid price requirement set forth by the Nasdaq Capital Market. This achievement comes after a period of transition, during which the Company faced the challenge of maintaining a minimum bid price of
Financial markets
Ducera Partners, a leading investment bank, has bolstered its Capital Markets Group with the appointment of Joseph Leone as a managing director. Leone, a seasoned investment banker with over 15 years of experience, will focus on advising clients on private capital financing efforts across various industry verticals. This strategic move
Financial markets
Capitolis, a financial technology company, has introduced a pioneering futures porting solution to simplify and automate the workflow for futures market participants. This new solution has been developed in collaboration with Barclays and Citadel, major players in the financial industry, and is designed to enhance scalability, efficiency, and transparency in
Financial markets
Canada-based DeFi Technologies Inc. has commenced trading on the NASDAQ Capital Market under the symbol "DEFT," marking the company's listing as the first digital asset manager of its kind on the exchange. This move follows DeFi Technologies' healthy financial position, with CDN 61.9m (USD
Financial markets
IQSTEL Inc., a U.S.-based multinational technology company, has announced that it will begin trading on The NASDAQ Capital Market under the ticker symbol IQST on May 14th, 2025, marking a significant milestone in the company's journey from a telecom operator to a high-tech global enterprise. This
Financial markets
Kuwait City is home to a significant development in the financial sector, where a subsidiary of Boursa Kuwait Company has successfully renewed a bank facilities contract with Kuwait Finance House. This partnership renewal aims to strengthen the subsidiary's banking relationships and maintain its financial operations. The renewed contract
Financial markets
The Dubai Financial Market (DFM) has released a material information disclosure form, marking a significant step towards enhancing transparency and ensuring stakeholders are well-informed about major developments. This move aligns with the market's commitment to providing timely and accurate information to investors and market participants. The disclosure form
Financial markets
A decision by the US Supreme Court on whether the President has the authority to fire members of independent agencies without cause could have significant implications for the Federal Reserve, one of the most powerful institutions in the world. The Federal Reserve plays a critical role in controlling the US
Financial markets
The global markets are consolidating after the US and China agreed to a 90-day cooling-off period. The US dollar is softer against the G10 currencies, while the euro and pound are trading within quiet ranges. The monetary policy focus is shifting to the May CPI and the upcoming Fed fund
