Hong Kong Exchanges and Clearing Limited (HKEX) and the Hong Kong Monetary Authority (HKMA) have launched a pilot program to use the electronic Hong Kong dollar (e-HKD) for after-hours derivatives margin payments. This initiative tests the use of a wholesale central bank digital currency (CBDC) in a live market environment, aiming to enhance payment efficiency and security outside regular trading hours. The pilot's success could pave the way for broader adoption of CBDC in financial markets, improving liquidity and risk management.
Michael Saylor's company, Strategy, has introduced a public Bitcoin credit model that offers detailed insights into credit spreads, undercollateralization risks, and Bitcoin floor prices. This model covers Strategy's $53.5 billion reserves and $21.95...
Banco Bilbao Vizcaya Argentaria (BBVA) reported strong Q2 2026 results, driven by a 23% year-over-year rise in net interest income, mainly from Spain and Mexico. Despite high profitability with a 21% return on equity and €3 billion net profit, rising...
Bitcoin's volatility indicator, the Bollinger Band Width, has compressed to its narrowest level since October 2023, a pattern that previously led to a 330% rally. This low volatility phase suggests a significant price move could be imminent, though d...
Tencent reported a second-quarter revenue of 204.78 billion yuan, slightly above estimates, driven by a 17% year-on-year increase in domestic gaming revenue. However, net profit was 56 billion yuan, below the expected 61.82 billion yuan, partly due t...
Elanco Animal Health is evolving from a heavily leveraged consolidator to an innovative competitor in animal health. Its new products like Zenrelia, Credelio Quattro, and Befrena are gaining market share in dermatology and parasiticide segments, chal...
