Security Financial News

CMF Phone 1 will feature a 6.7-inch Full HD+ LTPS AMOLED display with a peak brightness of 2000 nits (800 nits in high brightness mode) and a variable refresh rate of up to 120Hz. The upcoming Nothing device is likely to have an IP52 rating for splash and dust resistance and an in-display fingerprint sensor.The smartphone will be powered by the MediaTek Dimensity 7300 chipset with support for up to 8GB of RAM and up to 128GB of storage.

Budget 2024.

Crypto firm Paxos has received full approval from Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) services.

HDFC Defence Fund, which has recently announced the discontinuation of lumpsum subscriptions and restrictions on systematic transactions from July 22, has offered an absolute return of around 145% since inception. Launched in June 2023, HDFC Defence is the only active mutual fund whereas Motilal Oswal Mutual Fund has launched Nifty India Defence Index Fund which has just completed its NFO period. The scheme is benchmarked against Nifty India Defence Index TRI. The fund aims to capitalise on the opportunities in the space and has seen good interest from investors. The government's focus on modernising its defence forces and push toward self-reliance should drive the long-term growth of the sector. As global geopolitical tensions rise, many nations are spending on enhancing defence capabilities.

CMF Phone 1 will feature a 6.7-inch Full HD+ LTPS AMOLED display with a peak brightness of 2000 nits (800 nits in high brightness mode) and a variable refresh rate of up to 120Hz. The upcoming Nothing is likely to have an IP52 rating for splash and dust resistance and an in-display fingerprint sensor.The smartphone will be powered by the MediaTek Dimensity 7300 chipset with support for up to 8GB of RAM and up to 128GB of storage.

Singapore, July 11: Greta Minerals PTE Ltd, part of the Greta Group – a Singapore based company has successfully acquired Lithium and REE (Rare Earth Elements) exploration assets in Western Australia. This marks a significant milestone in Greta Groups’ growth strategy, enhancing its portfolio and expanding its operational footprint in Australia.

Solar Industries India with a target price of Rs 13250. The current market price of Solar Industries India is Rs 12119. Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 110128.66 Crore) operating in Chemicals sector.

Rohit Sharma and the Indian men's cricket team landed in Delhi on Thursday morning (July 4) after winning the ICC Men’s T20 World Cup 2024 in the West Indies. The team arrived at the IGI Airport in Delhi early, where a huge crowd of fans gathered to welcome them. After a 17-year wait, India secured their second T20 World Cup trophy. Rohit Sharma proudly showed off the trophy as fans cheered loudly. A video of Rohit displaying the T20 World Cup 2024 trophy upon arrival in India is now trending online.

MUMBAI : The high risks involved in options trading haven’t deterred individual investors from dabbling in the market despite regulators expressing concerns over their excessive participation in an instrument with a low scope for profitability. Retail investors have been net buyers of index options over the past four fiscal years through 2023-24, when their volumes surged five-fold, shows aMintanalysis of data from NSE. The exchange commands 90% of the market share in such instruments.

Staking allows token holders to participate as validators in a Proof of Stake (PoS) consensus mechanism by locking their tokens into a staking contract and running the associated validator software.

Philippines Coast Guard has successfully tracked and challenged the Chinese Coast Guard (CCG) ship 5901 after it anchored in the Exclusive Economic Zone of Philippines. The ship was spotted in the South China Sea. Further, this ship is considered to the largest coastguard ship in the world and even larger than all most all of the US Coast Guard ships. It is said to be larger than even some of the regular ships of the US Navy fleet too. This deployment is yet another aggressive step taken by the Chinese and is being perceived as an act of intimidation and an utter disregard for international maritime law.

Asset managers are optimistic that the SEC will greenlight the first US ETFs that invest directly in Ether as soon as mid-July, saying the back and forth with the regulator remains constructive.

Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots. The e-commerce giant initially launched the canine-like robot for household use in 2021. Astro for Business was launched last November for a range of customers including retail, manufacturing, health and wellness.

In a stock exchange notice today (3 July), the trust revealed that its lender, Scottish Widows, changed the terms of the additional fee charged on the outstanding loan amount and the 5% fee has been increased to 7% from 1 July 2024. The increase will remain in place until the full repayment of the loan, which the lender expects to happen by no later than 31 December 2024. The change follows Home REIT's failure to secure a new lender to refinance its existing debt facility, which has led the trust to prioritise additional property sales to repay its outstanding borrowings. Home REIT...

More companies are rethinking the internet browser, the decades-old desktop application that carries an increasingly heavy enterprise workload. Designed and built originally for consumers, browsers can now connect to an array of workplace applications, from customer relationship management software to videoconferencing.

Silvergate Capital Corp., former CEO Alan Lane and former chief risk officer Kathleen Fraher, were charged by the Securities and Exchange Commission with misleading investors about the strength of its bank secrecy act and AML compliance programme and the monitoring of crypto customers. In addition, the company and former executives were charged with misleading investors about the company’s losses from expected securities sales following the collapse of FTX. Silvergate and Martino misrepresented the company’s bleak financial condition during a liquidity crisis and bank run following FTX’s collapse, alleges the SEC.

Finra has imposed a $300,000 fine on Lincoln Financial Distributors, Lincoln’s wholesale distribution franchise, for making transaction-based compensation payments to an unregistered entity.

India has successfully test-fired its first indigenous anti-radiation missile, the Rudram-1, developed by the Defence Research and Development Organisation (DRDO) for the Indian Air Force (IAF). This significant achievement underscores India's progress in developing advanced defense technologies crucial for modern warfare.

Star Cement with a target price of Rs 271. The current market price of Star Cement Ltd. is Rs 210. Star Cement Ltd., incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 8480.11 Crore) operating in Cement sector.

Bankrupt crypto firm Terraform Labs has announced plans to sell four of its businesses as part of a $4.5 billion deal with the United States Securities and Exchange Commission (SEC).

Walker's departure came after more than 18 years spent with the wealth manager, where he was the head of the discretionary portfolio management team overseeing managers across the UK wealth business.   «It has been an unbelievable journey over the last 18 and a half years, where I have made some lifelong friends and been surrounded by exceptional colleagues,» Walker wrote in a LinkedIn post. He first joined Investec in 2006 as a chartered wealth manager. In 2015, he became a trustee for the Chartered Institute for Securities and Investment's educational board, taking over as board dir...