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Honda has decided to indefinitely suspend its $15 billion (US$11 billion) electric vehicle and battery complex in Ontario, following the potential postponement of the expansion project that was first reported last week in Japanese media. The move represents a setback…
WAlthough the world’s attention today is focused on the return of protectionist tariffs, a more subtle and costly shift is undermining the global trade landscape. According to the latest World Trade Update from the United Nations on Trade and Development…
Arbitration regarding a disputed 2024 charter involving the largest ship in the Solstad Offshore fleet has been resolved in favor of the Norwegian offshore vessel owner, the company reported. Norman Maximus. Source: Solstad Solstad said yesterday, May 14, that arbitration…
Major brokerage groups in Japan are preparing crypto investment trust products as regulators work to allow funds to hold digital assets by 2028. summary SBI and Rakuten are setting up in-house cryptocurrency investment funds for Japanese retail investors. Firms associated…
The Bill & Melinda Gates Foundation has completely emerged from its long-held position Microsoft (Nasdaq: MSFT), selling the rest of its shares during the first quarter of 2026. According to quarterly 13F filing With the SEC on May 15, the…
U.S. Treasury tokens held on the price You can go then. Related reading The institutions behind the boom Platforms including OpenEden, Ondo Finance, and Zeconomy are behind the treasury tokenization campaign on XRPL. Their activity indicates that established financial players…
short InterContinental Exchange and CME Group are said to be urging the Commodity Futures Trading Commission (CFTC) to address market integrity risks associated with Hyperliquid. The Hyperliquid Policy Center has publicly dismissed traditional exchanges’ concerns as unfounded, citing the public…
The former CEO of a publicly traded health care services company has been sentenced to five years in prison for his role in a $212.5 million investment fraud scheme. US Department of Justice (DOJ) He says Parmjit Parmar, also known…
Cardano founder Charles Hoskinson said there is a greater than 50% chance that quantum computing will become a real threat to cryptocurrencies before 2033. He warned that the industry should bolster its defenses now rather than wait until the risks…
Tldr: 30-year Treasuries topped 5%, pushing up borrowing costs and putting pressure on extended equity valuations across US markets. The S&P 500 is trading at 21.3 times forward earnings, well above its long-term average of 16 times, leaving stocks vulnerable…
