News list for " emerging"
On January 19, the Central Committee of the Communist Party of China and the State Council issued the "Outline of the Plan for Building a Powerful Education Country (2024-2035) ". It proposes to improve the mechanism for discovering and cultivating top-notch innovative talents. Focus on strengthening the cultivation of innovation ability, implement the "Fertile Soil Plan" for primary and secondary school students to cultivate scientific literacy; implement the "Brightening Plan" for high school ...
Stablecoin issuer Tether invested $2 million in Arcanum Capital's Arcanum Emerging Technologies Fund II, a tokenized investment vehicle specializing in decentralized Web3 projects. James McDowall, managing partner of Arcanum Capital, said the fund invests in blockchain technology to enhance remittances, cross-border transfers, privacy and provide banking services to the unbanked. Paolo Ardoino, CEO of Tether, said that anti-censorship and promoting open communication are the main priorities for ...
稳定币发行商Tether向Arcanum Capital的Arcanum Emerging Technologies Fund II投资200万美元，Arcanum Emerging Technologies Fund II是一个专门从事去中心化Web3项目的代币化投资工具。 Arcanum Capital的执行合伙人James McDowall表示，该基金投资于区块链技术，以增强汇款、跨境支付、隐私和为无银行账户人群提供银行服务。Tether首席执行官Paolo Ardoino表示，抗审查和促进开放式沟通是Tether和该基金的主要...
According to a survey published by Consensys, emerging markets are leading the way in crypto adoption in 2024, with at least half of respondents in Nigeria (84%), South Africa (66%), Vietnam (60%), Philippines (54%) and India (50%) reporting having a crypto wallet in 2024. Turkey and the United States also rank highly, with 44% and 43% of respondents reporting having a wallet, respectively. 20...
JPMorgan's markets team believes that the inflation data is more likely to pick up rather than cool. Nonetheless, they believe that this week's hotter data is unlikely to derail the tone of risk appetite, and investors are unlikely to cling to one data point, as there is another CPI data out before the December Fed meeting. "However, the team cautioned investors that Bowie...
On November 8th, Minister of Finance Lan Foan introduced at a press conference that from an international comparison, the government debt ratio of our country is significantly lower than that of major economies and emerging market countries. According to the statistics of the international monetary fund, the average government debt ratio of G20 countries is 118.2% at the end of 2023, including: Japan 249.7%, Italy 134.6%, the United States 118.7%, France 109.9%, Canada 107.5%, the United Kingdom...
Animoca Brands recently opened a 28,000-square-foot (2,601-meter) two-story office in the emerging technology district on the south side of Hong Kong Island, about 10 times the size of a tennis court. Evan Auyang, president of Animoca Brands, said in an interview: "We expanded our office space from 7,500 square feet to 28,000 square feet." Hong Kong is now a rental market, and we think this is the perfect time to create a partnership not only for us, but also for other companies in our portfolio...
S & P Global says emerging markets will play a key role in shaping the global economy by 2035, contributing about 65 percent of global growth.
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According to an announcement, cryptocurrency-friendly startup bank Revolut said it has stopped millions of dollars in potential customer losses from fraudulent cryptocurrency transfers over the past three months. Revolut's head of financial crime and fraud, Woody Malouf, said the company estimates it saved customers more than $590 million in potentially fraudulent transactions in 2023, including celebrity endorsement scams, deepfakes, and artificial intelligence-generated scams.
S & P said it expects emerging market central banks to continue/begin cutting interest rates in late 2024 and early 2025 to boost domestic demand. Uncertainty about the U.S. economy, geopolitical risks, and political uncertainty could create a foundation for future market volatility.
After the Federal Reserve cut interest rates by 50 basis points, Carlos de Sousa, portfolio manager of emerging market debt at Vontobel, said that global financing conditions will continue to ease in the coming months, which will help emerging market central banks continue their accommodative policies. This will create room for several emerging market central banks to restart or continue their easing cycles that have already begun before the Federal Reserve. Lower risk-free rates in developed co...
According to the latest survey of nearly 2,500 people in five emerging markets, stablecoins are no longer just for cryptocurrency transactions, but their use cases are growing. The data shows that about $2.62 trillion will be settled through stablecoins in the first half of 2024, with an annualized scale of $5.28 trillion. 57% of users reported an increase in stablecoin usage over the past year, and 72% believe this trend will continue. The survey also found that the most popular non-transaction...
Morgan Stanley has turned cautious on some emerging market sovereigns, arguing that a Fed rate cut is unlikely to spur a flood of money into bond funds. Strategists such as Simon Waever have advised investors to be bearish on the asset class in the short term, raise cash levels in their portfolios, focus on investment-grade bonds rather than riskier ones, or sell emerging...
On September 5th, the reporter learned from the State-owned Assets Supervision and Administration Commission of the State Council that in the first seven months of this year, the investment of central enterprises in strategic emerging industries continued to increase, and the completed investment exceeded 1 trillion yuan, an increase of 24% year-on-year, accounting for 38% of the total investment of central enterprises, demonstrating the strong power of central enterprises in emerging industries...
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