Financial News

FG Nexus downsizes ether treasury as losses widen

Treasury manager FG Nexus has intensified its reduction of ether holdings, selling 7,550 ETH valued at about $14 million as part of a strategic unwind that has now crystallised more than $80 million in losses on its corporate crypto portfolio. The firm’s move marks a continuation of a reversal from its earlier accumulation strategy, leaving observers scrutinising the viability of concentrated digital-asset reserves on corporate balance sheets. [...]The article FG Nexus downsizes ether treasury as losses widen appeared first on Arabian Post.

Hong Kong set to launch stablecoin licences

Hong Kong will begin issuing its first licences for fiat-backed stablecoin issuers in March, advancing its ambition to position the city as a regulated global hub for digital assets and virtual finance. Financial authorities have confirmed that the new regime will allow approved companies to issue stablecoins pegged to fiat currencies under a structured supervisory framework. The move follows months of consultation led by the Hong Kong [...]The article Hong Kong set to launch stablecoin licences appeared first on Arabian Post.

Silver rate today: White metal falls 2% on MCX - What should investors do?

Silver rates fell 2% on MCX to ₹2,62,892.00 as US-Iran talks eased tariff uncertainty. Gold prices approached $5,200, with spot gold up 0.3% at $5,183.85. Investors await jobless claims data for insights on Federal Reserve policy.

Gold sticks to positive bias amid softer USD, safe-haven buying ahead of US-Iran talks

Gold (XAU/USD) attracts some dip-buyers following the previous day's late pullback and climbs back closer to the $5,200 mark during the Asian session on Thursday.

Gold rate drops on MCX due to profit booking; weak dollar, global uncertainties limit losses

Gold rate dropped on the MCX due to profit booking. MCX gold April futures dropped by over ₹600, or 0.40%, to ₹1,60,516 per 10 grams, while MCX silver March contracts declined by over ₹5,400, or 2%, to ₹2,62,892 per kg.

YES Bank restricts certain overseas e-commerce transactions after fraud attempts on prepaid forex cards

YES Bank found unusual declines on BookMyForex prepaid cards, restricted e-commerce from Latin America, and is ensuring customers face no financial loss.

Pentagon's $151 Billion Robot Blitz Sparks Washington Gold Rush

An unclassified Pentagon plan uses roughly $151 billion from reconciliation to accelerate purchases of drones, missile defenses and shipyard AI.

Khammam-Devarapalle greenfield highway nears completion

Canadian Dollar Defies Pressure: Resilient CAD Holds Strong Against USD Amid US-Iran Nuclear Talks Uncertainty

The Canadian Dollar maintains strength against the USD as markets await US-Iran nuclear talks. Analysis of currency trends, geopolitical impacts, and economic factors shaping forex markets in 2025.

US–Iran Nuclear Talks Shake Markets: Impact on Gold, Oil, Dollar, and S&P 500 - FXEmpire

US–Iran Nuclear Talks Shake Markets: Impact on Gold, Oil, Dollar, and S&P 500 FXEmpireOil Futures End Mixed Ahead of U.S.-Iran Talks WSJBrent Hovers Around $70 as Freight Spikes Offset Discounted Russian Flows Investing.com IndiaAs nuclear talks restart in Geneva, Iran’s ‘oil on the water’ reaches record levels MarketWatchChina and U.S. Oil Stockpiles Could Cushion an Iran Supply Shock Crude Oil Prices Today | OilPrice.com

Govt aims to boost tourism's GDP share to 10%: Gajendra Shekhawat

At the 33rd SATTE event, Union Minister Gajendra Singh Shekhawat announced the government's vision to boost the tourism sector's GDP contribution from 6% to 10%. He called tourism central to national development, a vision echoed by other dignitaries.

GNOME 50 is a brilliant release - but I had to look twice to see why

This latest (still beta) version of the Linux desktop is faster, smoother, and prettier.