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Asia Broadband – Advances Installation of Phase 2 Production Line Processing Equipment At New Etzatlan Plant Site
Globenewswire· 2025-09-24 12:00
Core Insights - Asia Broadband Inc. (AABB) is making significant progress in the installation and integration of its Phase 2 production line at its new facility in Etzatlan, Mexico, aiming to enhance production capacity and extraction efficiencies [1][4] Group 1: Facility and Equipment - The new plant is designed to utilize advanced mining equipment automation to maximize processing throughput and metals extraction while minimizing production costs [2] - AABB received six containers of equipment from Mecru Heavy Industry Technology Co. Ltd., which includes various processing and thickening equipment, with additional deliveries expected soon [3] Group 2: Management and Operations - AABB's installation crews and plant management are rapidly integrating the new Phase 2 equipment, with anticipation for operational readiness to expand facility output [4] Group 3: Company Overview - Asia Broadband Inc. focuses on precious metals production and physical gold holdings, leveraging geographic expertise and industry contacts to enhance its operations in Mexico [5] - The company also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [5]
AI and smart manufacturing come to the fore as multinationals face cost hikes: StanChart
Yahoo Finance· 2025-09-24 09:30
Core Insights - Three in five multinational companies anticipate rising costs due to geopolitical uncertainties, leading to increased adoption of artificial intelligence and smart manufacturing to mitigate financial pressures [1][2] - Approximately 62% of top executives expect cost increases of 5 to 14% over the next three to five years, with significant concerns among ASEAN companies due to supply chain realignment, tariffs, and geopolitical uncertainties [2] - Strong demand is noted for evolving global trade and supply chain ecosystems, with a focus on smart manufacturing and AI to enhance efficiencies and counteract rising costs [3] Industry Trends - The rise of AI and digital assets is now considered as crucial as economic growth patterns and trade tariffs in shaping global supply chain strategies, with 53% of respondents identifying these as top strategic drivers [5] - Nearly 40% of companies are currently utilizing digital supply chain finance platforms, with an additional 55% planning to adopt them within the next two years [6] - Six key markets identified for global sourcing, manufacturing, and exports include India, Malaysia, mainland China, Indonesia, the United Arab Emirates, and the US, with around 40% of respondents from the US and UK intending to maintain trading activities in mainland China [7] Regional Insights - Companies in India and mainland China prioritize global economic growth in their trade outlook more than those in other surveyed markets, with expectations of increased trade ties between Asia and the Middle East [8] - Industries in mainland China are advancing up the global value chain, shifting from labor-intensive manufacturing to higher value-added products, supported by technologies such as AI, robotics, and renewable energy, alongside efforts to enhance domestic consumption [9]
Morgan Stanley’s E*Trade to Launch Crypto Trading via Zerohash Deal
Yahoo Finance· 2025-09-23 17:07
Core Insights - Morgan Stanley is entering the digital asset space by launching crypto trading on its E*Trade platform, expected to go live in the first half of 2026, providing retail investors access to cryptocurrencies [1][7] - The initiative is facilitated through a partnership with Zerohash, allowing trading of Bitcoin, Ethereum, and Solana, with Solana's inclusion reflecting strong institutional interest [2][5] - The move indicates a broader acceptance of digital assets among traditional financial institutions, positioning Morgan Stanley in competition with other brokerages already active in the crypto market [3][5] Industry Trends - The digital asset market has expanded to a valuation of nearly $3.9 trillion, driven by growing retail interest and the entry of established brokerages [5][7] - Regulatory conditions in the U.S. are becoming more favorable for the crypto industry, encouraging financial institutions to develop digital asset services without previous uncertainties [6][7] - The entry of well-known platforms like E*Trade into the crypto market is expected to enhance competition among brokerages, leading to innovative products and improved services for investors [7]
Morgan Stanley to Unlock $1.3T Crypto Trading via E-Trade in 2026
Yahoo Finance· 2025-09-23 16:31
Core Insights - Morgan Stanley is set to launch cryptocurrency trading for E-Trade clients in the first half of 2026, potentially accessing $1.3 trillion in trading volume [1] - The initial offering will focus on Bitcoin, Ether, and Solana, with plans for future expansion [2] - The initiative aims to integrate traditional finance with digital assets, enhancing the bank's competitive position [4] Group 1: Launch Details - The cryptocurrency trading service will begin with spot trading for Bitcoin, Ether, and Solana, marking the first phase of a broader digital asset platform [2][3] - Morgan Stanley is developing a wallet for clients to manage digital assets alongside traditional portfolios, emphasizing the integration of both asset types [3] Group 2: Competitive Landscape - The launch comes as competitors like Charles Schwab explore digital asset offerings, while Robinhood has generated $626 million from crypto trading last year [5] - JPMorgan has partnered with Coinbase to enhance crypto purchases, indicating a growing trend among major banks to enter the digital asset space [5] Group 3: Infrastructure and Partnerships - Morgan Stanley is partnering with Zerohash for liquidity, custody, and settlement, which is crucial for managing large-scale trading and regulatory compliance [1][7] - Zerohash recently raised $104 million in funding, highlighting its significance in the collaboration and its valuation of $1 billion [6]
Bakkt Adds Fintech Veteran Mike Alfred To Board, Stock Jumps
Yahoo Finance· 2025-09-22 14:21
Core Insights - Bakkt Holdings Inc. appointed fintech entrepreneur Mike Alfred to its board of directors to enhance governance and position for growth in digital assets and financial technology [1][2] - CEO Akshay Naheta emphasized that Alfred's experience in fintech and digital assets will be crucial for advancing Bakkt's strategy and building next-generation financial infrastructure [2] Company Developments - Alfred co-founded BrightScope and Digital Assets Data, both of which were acquired, and currently leads Alpine Fox LP, focusing on Bitcoin and AI-related equities [2] - Alfred's role at IREN, a data center developer for Bitcoin and AI operations, aligns with Bakkt's strategy to serve institutions in digital asset trading, stablecoin payments, AI-powered finance, and Bitcoin adoption [3][4] Market Reaction - Following the announcement of Alfred's appointment, Bakkt's shares increased by 24.65%, reaching $13.00 [5]
China Pumps the Brakes on RWA Businesses in Hong Kong: Reuters
Yahoo Finance· 2025-09-22 12:34
Group 1 - China's securities regulator has instructed some brokerages to pause their real-world asset (RWA) tokenization businesses in Hong Kong to enhance risk management [1][2] - At least two brokerages have been advised against conducting any RWA business offshore, indicating regulatory scrutiny [1] - The guidance reflects concerns from Beijing regarding Hong Kong's development of a digital asset market, especially after China's ban on cryptocurrency activities in 2021 [2] Group 2 - Several Chinese companies, including brokerages, have recently launched RWAs in Hong Kong, highlighting the region's growing digital asset landscape [2] - Hong Kong operates under a distinct financial system separate from mainland China, as part of the "One Country, Two Systems" framework [3]
Exclusive-China asks brokers to pause real-world asset business in Hong Kong, sources say
Yahoo Finance· 2025-09-22 10:45
Core Viewpoint - China's securities regulator has advised local brokerages to pause their real-world asset (RWA) tokenisation business in Hong Kong, indicating concerns over the rapid growth of the digital assets market offshore [1][2]. Group 1: Regulatory Guidance - The China Securities Regulatory Commission (CSRC) has provided informal guidance to at least two leading brokerages to refrain from conducting RWA business offshore [2][6]. - The regulatory guidance aims to enhance risk management in the new business and ensure that companies' claims are supported by legitimate businesses [3][4]. Group 2: Market Context - The RWA tokenisation process involves converting traditional assets like stocks, bonds, and real estate into digital tokens on a blockchain [2]. - The global RWA market is valued at approximately $29 billion, with projections suggesting it could exceed $2 trillion by 2030 [5]. Group 3: Hong Kong's Position - Hong Kong has been working to establish itself as a digital assets hub, with various firms, including Chinese brokerages, preparing for virtual asset trading and management [3][5]. - The Hong Kong Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are reviewing the legal framework for RWA tokenisation, drawing on international experiences [5].
BNY Mellon’s (BK) Dividend Growth Strategy and its Status as a Best Performing Stock in 2025
Yahoo Finance· 2025-09-18 20:32
Group 1 - The Bank of New York Mellon Corporation (NYSE:BK) is recognized as one of the 15 Best Performing Dividend Stocks in 2025 [1] - The company has a history of over 240 years and is known for providing innovative financial solutions globally [2] - Management highlighted a disciplined approach focused on organic growth rather than large-scale mergers and acquisitions during the recent earnings call [3] Group 2 - The company is transitioning approximately half of its workforce to a platform-based model and integrating its Eliza AI tool, enhancing its capabilities in digital assets [4] - BNY Mellon achieved 500 basis points of positive operating leverage while maintaining a strong 92% payout ratio, balancing margin improvements with growth investments [4] - On July 15, the company announced a 13% increase in its quarterly dividend to $0.53 per share, extending its dividend growth streak to 15 years, with a current dividend yield of 1.99% as of September 15 [5]
City View Signs Definitive Securities Purchase Agreement with Arkenyield
Newsfile· 2025-09-18 10:30
City View Signs Definitive Securities Purchase Agreement with ArkenyieldArkenyield's cutting-edge digital asset yield platform is focused on generating robust stablecoin-based returns.September 18, 2025 6:30 AM EDT | Source: City View Green Holdings Inc.Toronto, Ontario--(Newsfile Corp. - September 18, 2025) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) (FSE: CVY0) (the "Company" or "City View"), is pleased to announce that, further to its press release of July 15, 2025, it has ...
Mawson Infrastructure Group Inc. Shares Corporate Update
Globenewswire· 2025-09-17 20:55
Core Viewpoint - Mawson Infrastructure Group Inc. provides an update on its operations, focusing on its digital infrastructure for high-performance computing and digital assets, while emphasizing its commitment to carbon-free energy sources [1][3]. Company Operations - Mawson continues to operate normally across its U.S. footprint, with its facility in Midland, Pennsylvania being a cornerstone site supported by long-term tenure [6]. - The company has engaged advisors and presented a plan to Nasdaq to regain compliance with its continued listing standards, receiving an extension to maintain its listing [6]. Financial Strategy - Mawson has filed a new shelf registration statement on Form S-3 to maintain financial flexibility, allowing the company to offer and sell securities as needed without indicating immediate issuance of new shares [6]. - The leadership is focused on executing the growth strategy while improving the balance sheet and maintaining operational flexibility [6]. Legal Matters - The company is advancing efforts to resolve certain legacy legal matters as part of a broader program aimed at strengthening its balance sheet [6].