July 18, 2023 The distress in the US commercial real estate sector continues to deepen, with Starwood, a prominent player in the industry, defaulting on its maturing mortgage on June 9. Starwood, a private asset management firm with over three decades of experience, primarily operates in the real estate sector and manages a portfolio of […]

July 28, 2023 Worldcoin is a cryptocurrency that aims to create a global digital currency accessible to everyone around the world. It was founded in 2021 by Sam Altman, the former president of Y Combinator, with the goal of creating a more inclusive and equitable financial system. “The goal is simple: A global financial and […]

July 26, 2023 The Securities and Exchange Board of India (SEBI) has taken significant steps to bolster green financing and enhance transparency in Environmental, Social, and Governance (ESG) investments. These new measures aim to mitigate the risk of greenwashing and create a more conducive environment for sustainable investments. Under the recently released rules for ESG […]

July 24,2023 Bunq, a Dutch startup offering a range of innovative financial services to consumers, has recently secured a substantial funding of €100 million ($111 million). The company, known for its emphasis on serving digital nomads and individuals with international financial needs, has experienced significant growth during the pandemic and aims to expand its services […]

July 19, 2023 European stocks saw an increase on Wednesday as UK inflation dropped more quickly than expected, further fueling hopes among investors that central banks might soon end their historic tightening measures. At the opening bell, the broader Stoxx 600 index in Europe rose by 0.5%, extending gains from the previous session. The CAC […]

July 20, 2023 China’s real estate sector, once a pillar of economic growth, is now grappling with a severe downturn, and the recent troubles of Dalian Wanda Group (DWG), the nation’s largest commercial property firm, have raised alarm bells across financial markets. Reports of financing troubles, credit rating downgrades, and imminent debt maturities have triggered […]

July 22, 2023 In 2018 , Indonesia banned the used of cryptocurrencies as a mode of payment for goods and services with in its jurisdiction but allows the investment in such assets.The investment in cryptocurrencies in indonesia boomed during the pandemic and data in june showed that as many as 17 million people have invested […]

Financial Stability Board (FSB) Introduces Global Regulatory Framework for Crypto, Recommending Guidelines to G20 Economies The Financial Stability Board (FSB), an international organization responsible for monitoring the global financial system, has introduced a comprehensive global regulatory framework for cryptocurrencies. These guidelines, recommended to the G20 countries, are based on the principle of “same activity, same […]

July 25, 2023 Clearwater Analytics, a leading provider of SaaS-based investment management solutions, has announced the upcoming launch of Clearwater-GPT, the world’s first generative AI technology for investment management. This innovative tool will provide AI-generated content for sales, service, marketing, IT, and client interaction, empowering Clearwater’s global clientele to analyze investment data more efficiently and […]

July 19, 2023 SC Giano Capital of Geneva ,Switzerland has announced that they are launching a 50 Million euros Later Stage Fund targeting the European market. Founded by serial entrepreneur Alberto Chalon and Andreas Wiele, who is from a media and tech executive background, the fund is proposed to be  invested in the European tech […]