by Jibran Munaf | November 3, 2024 | Finance
BlackRock Inc., the world’s largest asset manager, has applied to the U.S. Securities and Exchange Commission (SEC) to launch exchange-traded fund (ETF) share classes for its mutual funds. This move makes BlackRock the latest and largest of more than 30 firms seeking...
by Jibran Munaf | November 3, 2024 | Cryptocurrencies
Abu Dhabi-based companies Realize and Neovision Wealth Management have launched the Realize T-BILLS Fund, an investment vehicle aimed at combining traditional finance and blockchain technology by tokenizing U.S. Treasury-focused ETFs. This fund plans to acquire units...
by Jibran Munaf | November 3, 2024 | Industry
Japan has announced plans to build an automated cargo transport corridor between Tokyo and Osaka, known as a “conveyor belt road,” to tackle a shortage of truck drivers and cut carbon emissions. This innovative project, spearheaded by the Ministry of Land,...
by Jibran Munaf | November 3, 2024 | Corporate Finance
Top executives across the U.S. are increasingly discussing the upcoming presidential election, with “election” mentions on S&P 500 earnings calls reaching a record high. Between Sept. 15 and Oct. 31, the term was brought up on 100 calls, marking the...
by Jibran Munaf | November 3, 2024 | Education
Australian Prime Minister Anthony Albanese announced a major student debt reduction plan on Sunday, pledging to cut loans by 20% for around three million Australians, amounting to approximately 16 billion Australian dollars ($10 billion) in debt relief. This move...
