The Bank of Thailand is conducting a review of high-value transactions involving USDT, a popular dollar-pegged stablecoin, as part of its efforts to strengthen anti-money laundering (AML) oversight. This move reflects increasing regulatory scrutiny on stablecoin transfers in Southeast Asia, aiming to prevent illicit finance activities. Details such as transaction thresholds, enforcement measures, and affected parties remain unclear, with official statements pending. Market participants should watch for further guidance from Thai authorities on compliance and reporting requirements.
During week 28 of 2026 (July 6-10), Sampo Oyj bought back a total of 35,203 of its own A-shares across multiple markets at a weighted average price of €9.32 per share. This buyback is part of a larger program authorized by the company's annual genera...
John Crane UK Limited has achieved Broad-Based Black Economic Empowerment (B-BBEE) Level One status in South Africa, the highest recognition under the country's transformation framework. This milestone enhances John Crane's position as a preferred su...
Chery Group showcased the FREELANDER 8 SUV at the Abu Dhabi Investment Forum, highlighting its Super Intelligent Valet Parking (SIVP) system. This smart parking technology allows remote parking and vehicle retrieval via a mobile app, designed to ease...
Chery Group has revealed the FREELANDER 8, a premium smart off-road SUV that blends British heritage design with modern technology. The exterior design emphasizes a balance of luxury, functionality, and durability, featuring a distinctive front inspi...
Rock Tech Lithium received $262,500 from Ontario's Critical Minerals Innovation Fund to evaluate crude tall oil, a by-product of the pulp and paper industry, as a flotation reagent for lithium processing. This project aims to create a local supply ch...
