Standard Chartered has introduced a new service allowing eligible institutional clients to mint and redeem USDC stablecoins through its banking platform without needing direct Circle accounts. This service, starting in Dubai's DIFC, integrates fiat banking, custody, and blockchain infrastructure, aiming to support settlement, treasury, liquidity management, and future payment use cases. The move marks Standard Chartered as the first Global Systemically Important Bank to offer such regulated institutional access to USDC, reinforcing the UAE's growing role in digital asset regulation and infrastructure. Expansion to other markets is planned pending approvals.
China's coffee market is projected to grow from $5.8 billion in 2026 to $8.04 billion by 2032, at a CAGR of 5.54%. Growth is fueled by expanding chain cafes, specialty coffee methods like cold brew, and rising homegrown brands. However, rising coffee...
HUTCHMED announced that the US FDA has granted orphan drug designation to sovleplenib for treating primary immune thrombocytopenia (ITP), a rare autoimmune disorder causing low platelet counts and bleeding risks. This status provides benefits like 7 ...
LUXEED held a global media test drive event at Chery's International Headquarters in Vu Hồ, featuring the luxury MPV LLounge and the high-performance Stormax SUV. Media representatives and influencers from UAE, Thailand, and Indonesia experienced a 1...
Kirby McInerney LLP is investigating NVE Corporation for possible violations of federal securities laws after the company reported a 47% revenue decline and a 33.7% stock price drop following its Q2 fiscal 2027 results. The revenue fall was attribute...
Fort Technology received a notification from Nasdaq on October 13, 2026, stating it failed to meet the minimum bid price requirement of $1.00 per share over the past 30 days. The company has 180 days, until April 12, 2027, to restore its share price ...
