Pakistani Federal Minister for Information Shibli Faraz says his country would welcome investment by American companies. He also expressed desire for US companies to bring in advanced technology. During a meeting with US charge d’affaires Angela Aggeler, the minister said that Islamabad highly values its relations with Washington and is ready to further strengthen cooperation. Aggeler agreed with the minister’s views on promoting the two countries’ […]
investment
24 posts
Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday. Source link
Jack Dorsey’s payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy’s $425 million all-in bet. Source link
A trade deal between India and the United States has been pending since last November. While the US wants more access to India’s dairy and meat market, India wants restoration of the Generalised System of Preferences (GSP) which the Trump administration withdrew last June. Inviting American businesses to invest in India, Federal Commerce and Railway Minister Piyush Goyal has said a target of $500 billion for […]
A Western weapons-industry funded think tank claims Russia’s military capability is at its strongest since the Cold War period, and its forces are better equipped and more professional after ten years of investment and reform. The International Institute for Strategic Studies (IISS), says Russia’s modernization and recent combat experience means it now has a highly capable army. It is worth noting that the organisation is funded […]
One of the oldest venture firms in crypto has joined the Libra Association and will provide expertise and guidance on the launch of its payment system. Source link
New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows. Source link
Investment management firm Wave Financial said Friday it has received its first round of investment from clients, and has purchased a 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors. According to a press statement emailed to CoinDesk, Wave Financial purchased the whiskey from the Wilderness Trail Distillery of Danville, Ky., and plans to tokenize the holding in a year or two. Gold, […]
While announcing a $266 billion COVID relief package in May, India’s Prime Minister Narendra Modi made a call for a self-reliant economy that envisages import substitution and an export push through local manufacturing. In a move that will help India gain an advantage amid companies shifting their manufacturing base out of China in the wake of the COVID-19 pandemic, Japan has included India and Bangladesh in a […]
Aggressive US policies targeting Huawei have forced the Chinese tech giant to redirect investment to Russia and expand operations in the country, Huawei founder Ren Zhengfei has revealed. “After the United States included us in the Entity List, we transferred our investment in the United States to Russia, increased Russian investment, expanded the Russian scientist team, and increased the salary of Russian scientists,” Ren said as […]
The Russian market offers a lot of investment opportunities in this time of global economic uncertainty, says legendary investor Jim Rogers. He called for a closer look at Russia’s domestic tourism and the economy of the Far East. The founder of the Quantum Fund, which had a 4,200 percent return in the first 10 years since its establishment, Rogers talked to RBC daily about where to […]
New Delhi (Sputnik): In April this year, Facebook picked up a 9.9 percent stake in the telecom arm of India’s Reliance Industries Ltd – Jio Platforms for $5.7 billion. Google has also announced plans to invest $4.4 billion for a 7.7 percent stake in Jio. Saudi Arabian multinational petroleum and natural gas company Saudi Aramco has said it is still working on a deal to […]
B21, a recently launched mobile app aimed at first-time cryptocurrency investors, has expanded its service to the India market. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
https://cdn1.img.sputniknews.com/img/104948/76/1049487688_0:74:3960:2302_1200x675_80_0_0_d7762030f841683f8a7e08c102802187.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/india/202007031079782447-indian-telco-jio-which-just-launched-alternative-app-to-zoom-secures-2535-mln-in-investment/ New Delhi (Sputnik): It’s raining dollars for Indian telecom giant Reliance Jio after 11 foreign companies, including Facebook, invested over $15 billion in just a month. Jio, headed by Asia’s richest man Mukesh Ambani, has sold a 25 percent stake to its investors in lieu of hefty capitals. American chipmaker Intel revealed on Friday that it is investing $253.5 […]
The interest by foreign investors in trading in yuan-based oil futures has grown significantly. According to the Shanghai Energy Exchange, this year, foreigners accounted for 16 percent of the daily turnover of trading in yuan futures. Over the year, the volume of transactions with foreigners has almost doubled. China launched trading in yuan oil futures in 2018. Initially, the volume of transactions was small, and the […]
Norwegian cryptocurrency investment fund Arcane Crypto is planning to list on Nasdaq Nordic’s alternative stock exchange through a reverse takeover. EDIT (July 2, 13:40 UTC): A previous version of this article stated Arcane had signed an LOI with Tongdow E-Commerce, this has now been corrected. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by […]
Correction (July 2, 03:00 UTC): An earlier version of this article misstated the timing of the Compound portfolio launch. Techemy plans to roll it out next week, and the yield farming feature is to come later in the year; neither is available yet. The article has also been updated to include additional details. New Zealand-based investment firm Techemy Capital is preparing to launch a Compound investment […]
China and the European Union recorded some €560 billion in trade in 2019, with the EU posting a trade deficit of €164 billion. The two sides have been working on a ‘Comprehensive Agreement on Investment’, aimed at creating ‘new investment opportunities for European companies’ in China, for over half a decade now. Talks on the new EU-China investment agreement “have entered a critical stage” owing to […]
New Delhi (Sputnik): Twenty Indian army personnel were killed in the violent clashes that broke out in the Galwan Valley of Ladakh on 15 June. Since then India’s Ministry of Railways and Telecom ministry has terminated contracts with Chinese firms. Amid border tensions with China, India has frozen three investment projects worth $667 million made by Chinese companies in the Indian state of Maharashtra. The projects […]
Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum offering price of $25, or 80,000 shares. “The Shares will provide […]
Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum offering price of $25, or 80,000 shares. “The Shares will provide […]
World 16:56 GMT 19.05.2020(updated 16:58 GMT 19.05.2020) Get short URL https://cdn1.img.sputniknews.com/img/107935/53/1079355329_0:10:3072:1738_1200x675_80_0_0_f1de4ff592dfd5bafbdaa018731fce9d.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/world/202005191079355979-russian-direct-investment-fund-says-it-paid-in-full-for-covid-19-aid-sent-to-us/ MOSCOW (Sputnik) – The Russian Direct Investment Fund (RDIF) said on Tuesday it had fully paid for the cargo of medical equipment delivered in April to the United States amid the coronavirus outbreak, and the US side would fully pay for its reciprocal aid to Russia. “The RDIF has […]
With the right management strategy, bitcoin almost always boosts the value of a mixed portfolio, according to Bitwise research – even if bought at the all-time high. Based on a test portfolio using historical data, the San Francisco-based asset manager found investors who allocated a small percentage of bitcoin to a portfolio made up of stocks and bonds would have made a notable increase to cumulative returns, even in […]