Japan’s ruling Liberal Democratic Party on Thursday started discussions to review rules for making the handling of political funds by its factions more transparent, in the wake of an ongoing secret slush money scandal that has shaken the LDP. Prime Minister Fumio Kishida, who heads the LDP, held the “political reform” panel’s first meeting, with
Female-founded companies in the U.S. raised $44.4 billion out of the $170.59 billion in venture capital allocated last year. Companies with founding teams that are all women raised around $3.1 billion — or 1.8% — which is a dip from $5.1 billion (2.1%) in 2022 and from the $7.3 billion (also 2.1%) raised in 2021’s
Hong Kong stocks jumped, snapping a seven-day slide, after mainland Chinese fund managers added to their purchases as the market reached the lowest level since November 2022 this week. Sentiment improved amid bullish trades in US and Asian equities. The Hang Seng Index added 1.4 per cent to 16,320.00 at 10.35am local time. The Tech
Governor Tina Kotek sent $14 million to Central Oregon last year to address the homeless crisis. She attached a deadline of today, January 10th, for the money to be spent. Did the money from the state benefit locals at risk of losing their homes? Did the number of shelter beds increase? “We were able to
JaysonPhotography For the month, 93% of all closed-end funds (CEFs) posted net-asset-value (NAV) based returns in the black, with 85% of equity CEFs and 98% of fixed income CEFs chalking up returns in the plus column. The average equity and fixed income CEF posted NAV-based gains of 3.42% and 3.14%, respectively, for December. Lipper’s mixed-assets
Updated Jan 10, 2024, 04:46pm EST Topline The Securities and Exchange Commission announced Wednesday it greenlit the first spot bitcoin exchange-traded funds (ETF) in the U.S., a historic move for investors looking for exposure to the world’s largest digital asset. The SEC approved the first ever spot bitcoin ETFs. Copyright 2014 AP. All rights reserved.
House Speaker Mike Johnson, R-La., did not rule out another short-term funding bill to avert a shutdown later this month, a shift from December when he vowed there would be no more stopgap bills in 2024. Johnson’s remarks come as other House and Senate leaders, Democrats and Republicans alike, have conceded this week that Congress
An old oil well leaks salt water and oil on Antina Ranch near Monahans. Elizabeth Conley/Staff photographer Hawk Dunlap shows a stick, reeking of crude oil after dipping it until an improperly plugged well on Antina Ranch near Monahans. Elizabeth Conley/Staff photographer That should have been enough to plug an additional 800 oil wells beyond
Topline Several applicants seeking to launch bitcoin exchange-traded funds cut their proposed fees on the ETFs, as the battle for control of the much-anticipated asset class heats up ahead of U.S. regulators’ expected approval of the first-of-their-kind crypto funds Wednesday. Key Facts BlackRock and Ark Invest slashed their fees for their proposed spot bitcoin ETFs
The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework for fund tokenisation, after the UK government last year backed an industry-led blueprint on how funds can adopt blockchain technology. In November, the technology working group of HM Treasury’s Asset Management Taskforce — chaired by