Category News

EU to Implement Single-Day Settlement for Securities by 2027

Transforming European Markets with T+1 Settlement The European Union is set to revolutionize its financial markets by reducing the settlement period for stock, bond, and fund trades from two days (T+2) to one day (T+1). The new settlement rule will…

France Intensifies Investigation into Binance Over Alleged Money Laundering

French authorities have escalated their investigation into Binance, the world’s largest cryptocurrency exchange, on suspicions of money laundering and unauthorized digital asset services. This development underscores the increasing regulatory scrutiny faced by cryptocurrency platforms globally. Background of the Investigation The…

Tesla Challenges EU Tariffs on Chinese-Made Electric Vehicles

In a significant legal move, Tesla has filed a lawsuit against the European Union (EU), contesting the imposition of anti-subsidy tariffs on electric vehicles (EVs) imported from China. This action underscores the escalating tensions between global automotive manufacturers and regulatory…

Escalating Geopolitical Tensions Threaten Global Undersea Data Cables

In recent months, the security of the world’s undersea data cables has become a focal point of geopolitical tensions, with multiple incidents of suspected sabotage raising alarms about the vulnerability of this critical infrastructure. These cables, responsible for transmitting approximately…

European Union New Car Registrations Rise in 2024

In 2024, the European automotive market experienced a notable uptick in new car registrations, reflecting a resurgence in consumer demand and market stabilization post-pandemic. According to the European Automobile Manufacturers’ Association (ACEA), new car registrations—a key indicator of sales—rose by…

SoftBank poised to invest billions more in Stargate partner OpenAI

SoftBank is reportedly in talks to invest between $15 billion and $25 billion in OpenAI, potentially becoming its largest investor, surpassing Microsoft. This would be in addition to SoftBank’s recent commitment to The Stargate Project, a joint venture aimed at…