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Pakistan’s HBL launches Temenos Core Banking, modernizing 40M accounts across 200 branches.
Habib Bank Limited (HBL) in Pakistan has successfully implemented Temenos Core Banking, marking a major modernization effort. The initial phase migrated accounts from 200 branches, supporting both Conventional and Islamic banking. Once fully deployed...
Sadot Group stock plunges 25% after Nasdaq warns on shareholder equity shortfall
Sadot Group Inc. shares fell nearly 25% in after-hours trading after Nasdaq issued a compliance notice due to the company not meeting minimum shareholder equity requirements. The Texas-based food supply chain company reported a shareholder deficit of...
Oculis secures FDA agreement on trial design for Privosegtor to treat optic neuritis, advancing neuroprotective therapy development.
Oculis Holding AG announced it has received a Special Protocol Assessment (SPA) agreement from the U.S. FDA for its Phase 3 PIONEER-1 trial of Privosegtor, a novel neuroprotective drug for optic neuritis (ON). This agreement confirms the trial design...
abrdn Emerging Markets ex-China Fund targets growth in Taiwan, South Korea, and India with AI-driven tech exposure.
The abrdn Emerging Markets ex-China Fund (AEF) offers investors targeted exposure to high-growth emerging markets excluding China, focusing on Taiwan, South Korea, and India. It benefits from significant holdings in major semiconductor companies like...
Japan intervenes again to support yen amid pressure from interest rate gaps and market speculation.
Japan's Ministry of Finance reportedly intervened twice recently to strengthen the yen, spending up to $35 billion in late April after the currency weakened past 160 yen per dollar. Despite these interventions, the yen's weakness persists due to larg...
S&P Global Energy launches 16 new Platts price assessments to boost cement market transparency worldwide.
S&P Global Energy has introduced 16 new Platts price assessments covering cement, clinker, granulated blast furnace slag (GBFS), and related freight across Europe, Asia, and the Americas. This expansion aims to enhance price transparency amid growing...
NetEase to report Q1 2026 earnings on May 21 with live webcast and call.
NetEase, a leading internet and gaming company, will announce its financial results for the first quarter of 2026 on May 21 before U.S. markets open. The company will host a live earnings call and webcast at 8:00 a.m. Eastern Time to discuss the resu...
HawkEye 360 prices IPO at $26, raising $416M ahead of NYSE debut as space analytics demand grows
HawkEye 360, a space analytics company based in Virginia, set its IPO price at $26 per share, selling 16 million shares to raise approximately $416 million before fees. The company will begin trading on the New York Stock Exchange under the ticker "H...
StepStone launches evergreen private market strategies on LSEG's blockchain-powered DMI platform.
StepStone Group has integrated its evergreen private equity, private debt, and infrastructure strategies into the London Stock Exchange Group's (LSEG) Digital Markets Infrastructure (DMI) platform. This blockchain-based platform streamlines access to...
Hiscox shares jump 5% as Q1 premiums rise 10.2%, driven by strong retail growth.
Hiscox Ltd's shares rose 5% after reporting a 10.2% increase in first-quarter premiums to $1.72 billion, led by a 15.1% rise in its retail division across the UK, US, and Europe. The growth reflects broad-based strength in small business and personal...