Although the Netherlands hesitates to roll out a blanket restriction, indications are that it will align itself with US demands by slowing down approvals for Chinese servicing requests and by quickening denials. Such actions will impact China’s mission to expand its local semiconductor market, as ASML products need regular servicing. ASML is the largest company…
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The collapse of the business resulted in investors losing approximately $40bn. This is a win for the US Securities and Exchange Commission (SEC), which lodged the case and constantly seeks greater control over the trading of crypto assets. Kwon also faces ongoing criminal cases in the US and South Korea. Based on Bloomberg information, he…
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They based this decision on the fact that the judge had used the December 2021 user agreement, but that didn't take into account the fact that earlier versions had used different language in some sections. The full title of the case is Louis Oberlander v. Coinbase Global Inc., 23-cv-184, US Court of Appeals (2nd Circuit).…
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These profits were driven, in part, by semiconductor prices bouncing back after they dropped significantly last year and the demand for artificial intelligence products. SSNLF is the biggest memory chip maker in the world, and they’ve estimated their operating profit for Q1 at 6.6tn won ($4.89bn /$ 7.45bn AUD), which is better than the 5.7tn…
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HubSpot’s current market cap is over $33bn. Analysts claim that if Alphabet proceeds with an offer, it would be unusual in a climate where the so-called Magnificent Seven – Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Alphabet, Amazon (AMZN), Meta Platforms (META), and Tesla (TSLA)—are under the microscope of financial regulators. According to Reuters, a deal…
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These divisions reportedly did not implement protocols to create, sustain, and execute suitable supervisory systems regarding non-traditional ETPs. This action comes a decade after FINRA fined the company for similar transgressions. Since the 2014 misdeeds, the Stifel Financial Corporation (SF) subsidiaries devised new policies, but these also seemingly fell short of regulatory requirements. Investors hold…
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The governor of the OeNB, Robert Holzmann, reportedly told Reuters in an interview that Raiffeisen is not contravening any sanctions imposed on Russia, and it alone can decide if the investment risk is worth it. Reuters quoted Holzmann, who further said: Both the US and Europe or Austria, the Austrian National Bank, we can’t provide…
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The company confirmed a loss of 10 cents per share, and the net earning profit adjusted to three cents per share after restructuring costs and asset impairment costs. That was better than the three-cent loss that analysts had expected to see. The revenue for the period was posted at $173m for the final quarter and…
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According to reports, by taking this action, the company aims to increase its net profit margin by 10%. After revealing the management plan for its fiscal year starting on 1 April 2024, the Japanese trade and investment company indicated it wants to achieve profits of 880bn JPY during its 2024/25 financial year. Reuters reported that…
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Ergin Erdemir, the newly appointed Head of LATAM, brings a unique blend of experience and success to this pivotal role. With a remarkable 8-year leadership journey in institutional and retail e-FX business, Ergin has consistently showcased an exceptional ability to navigate complex challenges, build high-performing teams, and drive sustainable growth strategies. His proven track record…
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