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forexnewsreport89d ago

Tether Turns to “Big Four” Accounting Firm to Verify USDT Backing as Supply Nears $186B

Tether has appointed a Big Four accounting firm to conduct its first full financial statement audit of the reserves backing its billions worth of USDT stablecoin. The company previously relied on periodic attestations, which offered limited snapshots of its assets at specific points in time. Singapore Summit: Meet the largest APAC brokers you know (and [...] The post Tether Turns to “Big Four” Accounting Firm to Verify USDT Backing as Supply Nears $186B first appeared on FOREX NEWS REPORT .

#FOREX
forexnewsreport89d ago

Wall Street uncertain amid US-Iran (potential) talks – Dow Jones and US Stock Market Outlook

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing [...] The post Wall Street uncertain amid US-Iran (potential) talks – Dow Jones and US Stock Market Outlook first appeared on FOREX NEWS REPORT .

#FOREX
Peso under P60 as market recovers
tribune89d ago

Peso under P60 as market recovers

The PSEi rebounds to 5,936.20 on bargain hunting, while the peso strengthens below P60/$ amid easing oil fears, though geopolitical tensions and foreign outflows continue to pressure markets.

#FOREX
forexnewsreport89d ago

FIS Adds Clearing for Prediction Market Contracts, Building on OTC Trading

Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in MENA Trading Growth for 2026 Exness sees trust as the key theme for growth in [...] The post FIS Adds Clearing for Prediction Market Contracts, Building on OTC Trading first appeared on FOREX NEWS REPORT .

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USD/JPY Gains Momentum: US Dollar Soars on Risk Aversion and Critical PMI Data
bitcoinworld89d ago

USD/JPY Gains Momentum: US Dollar Soars on Risk Aversion and Critical PMI Data

BitcoinWorld USD/JPY Gains Momentum: US Dollar Soars on Risk Aversion and Critical PMI Data NEW YORK, March 2025 – The USD/JPY currency pair recorded significant gains in recent trading sessions, primarily driven by a stronger US Dollar benefiting from heightened global risk aversion and the latest Purchasing Managers’ Index (PMI) data. Consequently, traders witnessed a notable shift in forex market dynamics, reflecting broader economic uncertainties. This movement underscores the [...] This post USD/JPY Gains Momentum: US Dollar Soars on Risk Aversion and Critical PMI Data first appeared on BitcoinWorld .

#FOREX
Young People, Trades, Entrepreneurship: Lewis George and McDuffie Reveal Their Mayoral Vision for Workforce Development
washingtoninformer89d ago

Young People, Trades, Entrepreneurship: Lewis George and McDuffie Reveal Their Mayoral Vision for Workforce Development

As the D.C. mayoral primary approaches, local and federal law enforcement continue to clash with young people in emergency curfew zones, leading some to question whether city officials are prioritizing public safety or business interests, while the two frontrunners, Janeese Lewis George and Kenyan McDuffie, have pledged to prioritize youth economic opportunities and career pathways. The post Young People, Trades, Entrepreneurship: Lewis George and McDuffie Reveal Their Mayoral Vision for Workforce Development appeared first on The Washington Informer .

#ECONOMY
Singaporean innovator brings green tech to maritime industry
manilatimes89d ago

Singaporean innovator brings green tech to maritime industry

FROM virtual reality learning to world-class simulators and autonomous ships, digital technology has been the driving force behind the 21st century evolution of international shipping. This development is taking the world’s maritime industry by storm, demanding urgent upskilling of shore and sea-based workforce, modernization of ships, and realigning of processes. Unlike fuel-powered ships, however, it is rare that people ask whether technology poses harm to the environment. This was the exact concern of Ian Chew, founder of Greenie Web, the award-winning Singapore ClimateTech that creates low-carbon computer code. He is lauded for being a pioneer in the decarbonization of digital world, and the first in Asia to carry out such work. The idea first came to Chew during his computer class back in high school. The then 13-year old asked whether technology could harm the environment, a small question that infuriated his teacher. This episode only sparked the curiosity of Chew and led him to one research to another until, years later, he developed a digital system that is environment friendly. “I could not stop thinking of how big a problem it could potentially be. Increased technology adoption would lead to increased energy consumption, which will rely on increased oil and gas extraction. With the general direction in Singapore and across the world pointing towards an accelerated rate of technology adoption, I knew I had to do something,” the young Singaporean said. The creation of Greenie Web in 2009 started as Chew’s personal project with a basic principle of having an environmentally-friendly and low-carbon computer code. A 2024 sustainability article published by FedEx revealed that around 5.45 billion people globally are connected to the internet. The advent of online businesses, remote working, and digitalization are responsible for a major increase in carbon emissions. In the last five years prior to the article publication, it was revealed that Google’s emissions have jumped by almost 50 percent as they scale up their use of AI web technology. In the maritime industry, it is estimated that more than 940 million tons of carbon dioxide emissions are emitted by ships. As the industry leans into digitalization, CO2 emissions are expected to further surge. When Chew started working for a Singaporean maritime organization that carries out Ultrasonic thickness measurement (UTM), a nondestructive testing method used to inspect the metal thickness of ship hulls, piping and structural steel, he realized how the sector can greatly benefit from green technology. “The maritime industry stands to benefit significantly from green technology because it improves both environmental sustainability and operational efficiency. Innovations such as cleaner fuels, electrification, digital optimization, and energy-efficient vessel design can reduce emissions while also lowering long-term operating costs for shipowners. “At the same time, digital technologies, including AI, data analytics, and smarter software systems, can help optimize routes, reduce fuel consumption, and improve overall fleet performance. As the industry becomes increasingly digitalized, there is also growing attention on digital sustainability. Concepts such as green AI and low-carbon computer coding aim to ensure that the software and digital infrastructure supporting maritime operations are themselves energy-efficient, reducing the overall environmental footprint of rapidly scaling digital systems,” Chew explained. He added that that as global regulations tighten and customers increasingly expect greener supply chains, adopting green technologies will help maritime companies remain competitive and future ready. “Ultimately, green technology is not just about compliance; it represents an opportunity for the maritime sector to modernize, innovate, and play a leading role in the global transition toward a more sustainable economy,” he said. Despite the anticipated reluctance of industries to adopt green technology, Chew remains confident that the global momentum toward sustainability will continue to grow. “As the effects of climate change become increasingly visible, policymakers, businesses, and individuals are recognizing the importance of integrating sustainability into technological development. “Knowing that the ideas and solutions we develop today may contribute, even in a small way, to a more sustainable digital future for the next generation is what gives me the greatest sense of purpose in this work,” he said. Outside of his digital advocacies and behind his public persona, Chew is a young man who values peace and quiet. He spends a lot of time reading, researching, and reflecting how to help resolve long-term problems. “I am someone who values humility and faith, and I try to stay grounded despite the opportunities I’ve been fortunate to receive,” he shared. Like most Filipinos, Chew came from a close-knit family from Singapore. “My biggest inspiration is my mother. She has always been a quiet example of strength, perseverance, and selflessness. Growing up, I saw how much she sacrificed for our family and how she approached challenges with grace and determination. Those lessons continue to influence the way I approach both life and work,” he added. “My parents have always been very supportive of my work. Their emphasis on education, responsibility, and contributing positively to society has strongly influenced my journey in sustainability and entrepreneurship,” he concluded.

#ECONOMY
Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Trading Up 1% – Here’s What Happened
americanbankingnews89d ago

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Trading Up 1% – Here’s What Happened

Gotham Enhanced 500 ETF (NYSEARCA:GSPY – Get Free Report) shares shot up 1% on Monday . The stock traded as high as $35.87 and last traded at $35.71. 647 shares changed hands during trading, a decline of 72% from the average session volume of 2,330 shares. The stock had previously closed at $35.34. Gotham Enhanced [...]

#STOCKS
Planet Green (NYSEAMERICAN:PLAG) Shares Up 8.9% – Here’s What Happened
americanbankingnews89d ago

Planet Green (NYSEAMERICAN:PLAG) Shares Up 8.9% – Here’s What Happened

Shares of Planet Green Holdings Corp. (NYSEAMERICAN:PLAG – Get Free Report) traded up 8.9% on Monday . The company traded as high as $1.8650 and last traded at $1.84. 38,121 shares were traded during mid-day trading, a decline of 77% from the average session volume of 169,408 shares. The stock had previously closed at $1.69. [...]

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