Testing Financial News

The two FS giants worked with Standard Chartered-owned Hong Kong digital bank Mox and asset tokenisation tech firm Libeara on the PoC, which took place on the Hong Kong Monetary Authority's Fintech Supervisory Sandbox. It saw the first live test of the Mastercard Multi-Token Network (MTN) used for a test scenario where a Mox client wants to buy a carbon credit to offset personal carbon usage and deposit the funds for this in their bank account. In the pilot, Mox requests Standard Chartered tokenise the desired carbon credit using Libeara. Then, through the Mastercard MTN, the client’s deposit is also tokenised and an atomic swap is initiated between the two instruments. The result is a transparent, real-time transaction between Standard Chartered and Mox, with the end client receiving access to a tokenised version of their carbon credit. This can be held in a digital wallet, or used to offset their carbon footprint. Mary Huen, CEO, Hong Kong, Standard Chartered, says: "The tokenisation of real-world assets and the potential use of different forms of tokenized currency is integral to the future of the financial industry."

CM Arvind Kejriwal has been instructed to return to Tihar Jail on June 2. However, Kejriwal has sought a week's extension of the bail.

NTA) has released the tentative answer key for the National Eligibility and Entrance Test (NEET) 2024, along with scanned pictures of the OMR answer sheet and recorded responses. For the access of the answer key the candidate need to enter their date of birth and application number. On May 5, 2024, from 2 PM to 5:20 PM, over 24 lakh candidates took the NEET UG 2024 at 4750 different centers in 571 locations across the nation and 14 places outside of India.

North Korea on Thursday fired a barrage of suspected ballistic missiles toward its eastern sea, according to South Korea's military, days after its attempt to launch a military reconnaissance satellite ended in failure but still drew strong condemnation from its rivals. South Korea's Joint Chiefs of Staff said it detected the North firing around 10 projectiles that appeared to be short-range ballistic missiles from an area near its capital, Pyongyang. It said the suspected missiles flew around 350 kilometers (217 miles) before landing in waters off the North's eastern coast. It said the South Korean military has increased surveillance and vigilance and is closely sharing information with the United States and Japan. Japan's coast guard issued a maritime safety advisory over the North Korean launches and urged ships to exercise caution if they find any fallen objects. Japan's Prime Minister Fumio Kishida told reporters that the suspected missiles were believed to have landed in waters outside of Japan's exclusive economic zone and there were no immediate reports of damages. He said Tokyo «strongly condemns» the launches, which are in violation of U.N. Security Council resolutions against the North.

Mastercard’s new “Crypto Credential” service has now gone live, making peer-to-peer crypto transfers far more intuitive for average users.

Motor vehicle crashes are the leading cause of death for teenagers

Pakistan Prime Minister Nawaz Sharif accepted that his country violated the 1999 Lahore Declaration, which he signed with his Indian counterpart Atal Bihari Vajpayee. "On May 28, 1998, Pakistan carried out five nuclear tests. After that, Vajpayee Saheb came here and made an agreement with us.

Treasury yields hit four-week highs on Wednesday while two-year yields declined, as traders pared back on a popular trade that saw the closely watched two-year, 10-year yield curve reach its most inverted levels in 11 weeks. Yields jumped on Tuesday after consumer confidence unexpectedly improved in May and the Treasury Department saw soft demand for auctions of two-year and five-year notes.

Obtaining a driver's license: The process to obtain a driver's license will undergo certain changes after June 1, as the Ministry of Road and Transport has given the applicants a choice to take driver's tests in private facilities. The government will certify private driver test-taking facilities. The applicants can take their driver's licence test and submit the successful certificate to the Regional Transport Office (RTO) to obtain a driver's licence.

North Korea flew hundreds of trash-carrying balloons toward South Korea in one of its most bizarre provocations against its rival in years, prompting the South's military to mobilise chemical and explosive response teams to recover objects and debris in different parts of the country. The ballooning campaign came as North Korean leader Kim Jong Un urged his military scientists to overcome a failed satellite launch and continue developing space-based reconnaissance capabilities, which he described as crucial for countering U.S. and South Korean military activities, state media said Wednesday. In his first public comments about the launch failure, Kim also warned of unspecified «stern» action against South Korea over an exercise involving 20 fighter jets near the inter-Korean border hours before North Korea's failed launch on Monday. In a speech Tuesday, Kim called the South Korean response «hysterical insanity» and «a very dangerous provocation that cannot be ignored,» the North's official Korean Central News Agency said Wednesday.

Supreme Court's Registry refused to accept the request for an urgent hearing of Arvind Kejriwal's plea for an extension of his interim bail, BJP candidate and Union Minister Anurag Thakur said the Delhi Chief Minister can undertake a roadshow in the national capital's sweltering 47-degree temperature but is seeking bail on the pretext of ill health. «He is exposed once again. It is visible to everyone that he can do a roadshow in 47-degree temperatures but asks for bail on the pretext of ill health,» Thakur said. The Supreme Court's Registry on Wednesday said that the apex court's previous order gave Kejriwal the liberty to move the trial court for regular bail.

Arvind Kejriwal's plea seeking a seven-day extension of his interim bail in a money laundering case linked to the Delhi excise policy case. Last month, the top court granted the Delhi CM interim bail to campaign for the Lok Sabha elections 2024 and asked him to surrender on June 2.

CUET UG 2024 for the Kanpur centre as the wrong CUET question paper was distributed at the exam centre. As per TOI report, about 1.58 lakh candidates will be appearing for CUET UG eams today.The CUET UG exams will be administered in four shifts -Shift 1A from 10 am to 11 am, shift 1B from 12.15 pm to 1 pm, shift 2A from 3 pm to 3.45 pm and shift 2B from 5 pm to 6 pm.CUET (UG) 2024 offers 63 test papers this year.

Nawaz Sharif has admitted that his country “violated" a peace agreement with India in 1999.This disclosure came as Sharif assumed the Pakistan Muslim League's (Nawaz) presidency, six years after being disqualified by the country's Supreme Court.“On May 28, 1998, Pakistan carried out five nuclear tests. After that Vajpayee Saheb came here and agreed with us. But we violated that agreement...

Top events of the day: Today's highlights include Prime Minister Narendra Modi's Odisha rallies, the NSE's ban on trading five stocks like Biocon and Vodafone Idea in the F&O segment, and Ztech India's IPO launch priced at ₹104 - ₹110 per share. Major companies, including Adani Transmission, IRCTC, and Tata Steel, are reporting Q4 earnings. Additionally, the NTA rescheduled CUET UG 2024 exams for Kanpur, Delhi, and Silchar centers due to paper distribution issues, with admit cards now accessible online.Prime Minister Narendra Modi is scheduled to visit Odisha today.

₹24.75 crore to acquire Mitchell Starc. After a poor start to the season, the Aussie speedster turned out match-winning performances when it mattered the most: the qualifier and final. Rohit Sharma led Mumbai Indians (MI) to five IPL titles after taking over the captaincy from Sachin Tendulkar and Ricky Ponting in 2013.

fuel car purchases in May. “During the peak heat hours from 12 pm to 4 pm, it feels like the showroom is closed. Only customers with planned deliveries are coming in," said Vinkesh Gulati, director of United Automobiles, which runs 12 passenger vehicle and two-wheeler showrooms in the National Capital Region and Eastern Uttar Pradesh.

₹1,542 and reach a day's low of ₹1,431.25.BDL stock closed at ₹1,454 on May 28, against previous close at ₹1,544 per share on May 27. Over the past 10 days, the stock has soared by nearly 70 per cent, and in the last six months, it has risen by 150 per cent.Bharat Dynamics recently announced a stock split, dividing one equity share with a face value of ₹10 into two equity shares with a face value of ₹5 each.

Boeing is now aiming for its first astronaut launch at the beginning of June

Bird flu has been detected in beef for the first time, but the U.S. Department of Agriculture says the meat from a single sickened dairy cow was not allowed to enter the nation's food supply and beef remains safe to eat

The United Auto Workers on Friday accused Mercedes of interfering in last week's union election at two Alabama factories