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International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report. That figure would be 373 times greater than the estimated total value of $13.4 this year. “Stablecoins are increasingly embedded in cross-border business-to-business (B2B) transactions, treasury operations, and supply chain settlements, where their programmability and…
South Korea’s stock markets scaled a historic peak on Monday, as the total valuation of listed companies moved past the 6,000 trillion won ($4.1 trillion) mark for the first time during trading hours. According to figures cited by The Korea Herald, based on data from the Korea Exchange, the combined market capitalisation of domestic bourses…
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India-New Zealand FTA: The India-New Zealand trade deal or Free Trade Agreement signed on Monday has been called a ‘once-in-a-generation’ trade pact. For one, it gives Indian exporters duty-free or zero duty access to all exports. The implementation of the trade deal is now contingent on New Zealand Parliament’s approval, and in the case of…
NEW DELHI: A month after the Union cabinet approved the country’s climate action goals, called Nationally Determined Contributions (NDCs), for 2031-35 period, India has formally submitted its pledges to the UN climate body underlining important conditions noting that the developing countries’ commitments “cannot be fulfilled” without adequate support in terms of “finance” and “technology transfer”.India…
The last meeting between US President Donald Trump and Chinese President Xi Jinping ended on a positive note. Trump had rated the summit a “12 out of 10”, and White House said China would “effectively eliminate” rare earth export controls and stop retaliatory actions against American firms.However, recent developments suggest that Beijing has altered its…
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