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Digital asset treasuries (DATs) were among the most visible corporate phenomena of the last bull cycle. Built on the premise that holding bitcoin BTC$85,846.82 on the balance sheet was itself a value-generating strategy, many attracted strong market premiums simply by accumulating BTC faster than competitors. But as valuations normalize and net asset values (NAVs) tighten,…
NEW DELHI: Nearly 188 million children and adolescents worldwide are living with obesity, the World Health Organization (World Health Organization) has warned, calling childhood obesity one of the fastest-growing public health crises driven by unhealthy diets, aggressive food marketing and environments that push junk food over nutritious meals.In its latest global guidelines on preventing obesity,…
Strive (ASST), a publicly traded bitcoin BTC$92,384.72 treasury and asset-management company, said it arranged a $500 million at-the-market offering (ATM) for its Variable Rate Series A Perpetual Preferred Stock (SATA) to help fund further purchases of the largest cryptocurrency. SATA pays a 12% dividend with an effective yield near 13%, and the security is intentionally…
Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution.Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of an…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is slipping into a weaker market structure as the steady…
NEW DELHI: Pakeeza Riyaz was still a minor when her father Riyaz Ahmad was abducted by terrorists in Anantnag and tortured to death in 1999. Her mother, unable to cope with the emotional and financial stress caused by loss of the family’s sole breadwinner, remarried. Pakeeza was taken in by her grandparents who raised her…
India’s space industry has attracted $150 million in funding so far in the current financial year, marking the highest-ever fund mobilisation since the government opened up the sector to private participation in 2020, INSPACe Chairman Pawan Goenka said on Thursday, PTI reported.Speaking at the India Economic Forum in New Delhi, Goenka said the funding milestone…
SRINAGAR/LUCKNOW: Ladakh and UP saw a coordinated surge of pro-Iran sentiment as thousands rallied in Kargil district Wednesday and prominent Shia clerics in Lucknow called for sanctions relief, dialogue and Indian support for Tehran.In Kargil, a Shia-majority district in eastern Ladakh bordering PoK, large crowds gathered at multiple locations to back Iran’s supreme leader Ayatollah…
The Federal Reserve is poised to deliver its third straight interest rate cut Wednesday, while simultaneously firing a warning shot about what’s ahead. Following a period of remarkable indecision about which way central bank policymakers would lean, markets have settled on a quarter percentage point reduction. If that’s the case, it will take the Fed’s…
