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Currencies

Rupee weakens alongside Asian peers, oil pullback cushions losses

MUMBAI, June 23 (Reuters) - The Indian rupee declined on Monday alongside Asian currencies, as investors turned to safe-havens such as the U.S. dollar amid escalating tensions in the Middle East, although a retreat in crude oil prices helped cushion their losses.Market participants remained focused on Iran's response to U.S. attacks on its nuclear sites. Sign up here.The rupee closed at 86.75 against the U.S. dollar, down 0.2% from its close at 86.5850 in the previous session.Brent crude oil futures hit a five-month peak of $81.40 per barrel earlier in...
Currencies

Supranext Launches Complementary Currencies in the US to Strengthen Local Economies and Support Small Businesses

Supranext launches complementary currencies in the US to revive local economies and empower small businesses through a stable, three-tiered system of crypto, paper, and coin-based tools. Rome, Italy, June 12, 2025 (GLOBE NEWSWIRE) -- Supranext, a next-generation hybrid financial operator, announces the launch of its three-tiered complementary currency system, comprising a crypto-based token, physical paper vouchers, and metallic coins. The system aims to function alongside national currencies, offering a new form of liquidity to underserved regions and businesses. Supranext"Our goal is to infuse vitality into the parts of the US...
Upcoming Investments

DIGITAL continues investments in workforce development solutions and AI adoption training for 3,000 Canadians

Vancouver, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- DIGITAL is continuing to support the future of Canada's workforce by announcing new investments in workforce development solutions and skilling programs for over 3,000 Canadians focused on AI adoption. These new collaborations represent $30 million of new investments in Canadian talent, with $15 million invested by DIGITAL and $15 million spurred from partners. Since 2018, DIGITAL has put over 18,300 Canadians on career paths with employers looking for skilled talent to grow their companies. Through partnerships with training providers and employers,...
Upcoming Investments

NAVER Expands Startup Investments in Silicon Valley with the Planned Establishment of NAVER Ventures

- Key executives, including Founder Lee Hae-jin and CEO Choi Soo-yeon, engage in discussions with the local startup ecosystem - The new investment initiative will focus on investing in promising startups in North America, starting with video AI startup 'TwelveLabs'- NAVER has a strong track record of tech startup investments through its NAVER D2SF and is also known for acquiring Poshmark SEONGNAM, South Korea, June 8, 2025 /PRNewswire/ -- NAVER Corporation (CEO Choi Soo-yeon) announced the planned establishment of "NAVER Ventures," its new global venture investment initiative in Silicon Valley....
UK Property

Tulip Real Estate Acquires Premier London Hilton Property in £30 Million Deal from Lone Star

Image Description: Sidd Mahajan is the founder and managing director of Tulip Real EstateLONDON, June 07, 2025 (GLOBE NEWSWIRE) -- In a landmark move that solidifies its presence in the UK's luxury hotel market, Tulip Real Estate, led by founder and managing director Sidd Mahajan, has acquired the prestigious 5-star Hilton London Syon Park for approximately £30 million. Image Description: Hilton London, Syon Park Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I...
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