Category: Breaking news

November 19, 2024 BY Leaprate Staff

ATFX Elevates Security and Efficiency with Zodia Custody Partnership

ATFX’s selection of Zodia Custody is driven by its strong investor backing, signifying the custodian’s commitment to providing secure and reliable digital asset custody solutions.  Benefits of the Partnership By integrating Zodia Custody’s institutional-grade custody solution, ATFX will significantly improve its digital client asset protection and operational efficiency. Key benefits of this partnership include: Enhanced…

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October 15, 2024 BY Leaprate Staff

Quarter-century milestone: Deriv marks 25 years of fintech evolution

Deriv has evolved into a global frontrunner in the online trading sector, currently serving more than 2.5 million clients worldwide, with a monthly volume exceeding $650B. Its dedication to innovation has led to the introduction of new trading platforms, diverse asset classes, and comprehensive educational resources. “Today is a big day for Deriv. When I…

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Singapore skyline
April 02, 2024 BY Elizabeth Anderson

Residential Property Prices in Singapore Still Climbing Despite Declining Sales

Data from the Urban Redevelopment Authority (URA) shows a quarter-on-quarter private residential property increase of 1.5% while sale transaction volumes plunged by approximately 20%. Bloomberg reports that Chia Siew Chuin, the head of residential research for Singapore at Jones Lang LaSalle Inc., said these statistics support and reflect local property demands. This economic mecca has,…

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Media Tower
March 27, 2024 BY Elizabeth Anderson

Rai Way Planning to Invest €240m by 2027

According to information from Reuters, the company foresees core profit growth (EBITDA) of roughly €207m (3.5%) and revenue increases of about €316m (3.8%). The organisation indicated that these increases include its traditional activities and diversified enterprises. Reuters cited Rai Way’s CEO, Roberto Cecatto, who said: We are striving for a Rai Way that … is…

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European commission ruling
March 26, 2024 BY Elizabeth Anderson

Google, Apple, and Meta First ‘Gatekeepers’ Under the DMA Scope

The five investigations concern potential breaches by Alphabet Inc’s (GOOG), which owns Google, Apple Inc. (AAPL), and Meta Platforms, Inc. (META). Instigating these probes only two weeks after the DMA’s deadline shows the European Union (EU) is taking the legislation and gatekeeper compliance seriously. The law came into effect on 7 March 2024. It requires…

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Swiss National Bank
March 22, 2024 BY Elizabeth Anderson

SNB Ends the Rate-Cut Drought

This makes it the first developed nation to cut interest rates after the COVID-19 pandemic, the fall of Credit Suisse, the onset of the war in Ukraine, and persistent inflation pressures. Switzerland’s central bank explained its decision by stating that local inflation will probably remain below 2% for the foreseeable future. Despite this announcement and…

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March 21, 2024 BY Elizabeth Anderson

Co-Founders of Inflection AI Join Microsoft

Suleyman also co-founded DeepMind, the artificial intelligence (AI) outfit bought by Alphabet Inc’s Google (GOOG) in 2014. Industry experts believe that this move fortifies Microsoft’s reputation as an AI stalwart in big tech circles and forms part of CEO Satya Nadella’s drive to acquire top expertise. Suleyman will head Microsoft’s new consumer AI unit, while…

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