[PRESS RELEASE – Hongkong, Hongkong, June 3rd, 2024] Term Structure, the pioneering non-custodial fixed-income protocol, has officially gone live with its mainnet on Ethereum. This launch introduces the first institutional-grade, market-driven fixed-income protocol, revolutionizing how liquidity is provided between lenders and borrowers in decentralized finance (DeFi). Users can use their LSTs and LRTs as collateral…
Astronaut Ed White became the first American to walk in space on this day in history, June 3, 1965. White, an engineer, a Lieutenant Colonel in the U.S. Air Force, a test pilot and NASA astronaut, made the spacewalk — technically known as “Extravehicular Activity” or “EVA” — while serving as the pilot on the…
South Korean oil and gas shares surged in early trade on Monday after President Yoon Suk Yeol approved a plan to develop a deposit of the fossil fuels discovered off the country’s southeastern coast. from Bloomberg Markets https://ift.tt/8yUWRBD
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian naira under a satoshi. Mexican Billionaire Ricardo…
Iron ore dropped to the lowest level in more than six weeks on worries over the outlook for Chinese demand, which has been hammered by the protracted property crisis. from Bloomberg Markets https://ift.tt/pQ7i5ra
OPEC+ tentatively agreed to extend all production curbs into next year, a deal that gives the cartel considerable leeway to make adjustments depending on market conditions and that likely signals oil prices will remain elevated through the U.S. presidential election. https://www.wsj.com/business/energy-oil/opec-agrees-to-extend-production-cuts-in-bid-to-boost-oil-prices-7ef55454
Sandwiched between the world’s great global powers in a time of deepening global tensions, Greek shipowners are still finding a way to thrive. from Bloomberg Politics https://ift.tt/BoWYlxG
South Korean President gave the green light to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the nation. https://www.cnbc.com/2024/06/03/south-koreas-yoon-approves-exploration-of-vast-oil-gas-prospects-off-the-coast.html
Naomi Fink, Global Strategist for Nikko Asset Management, discusses her outlook for Asia markets and says she is still constructive on Japan equities. She speaks with with Shery Ahn and Haidi Stroud-Watts on “Bloomberg: The Asia Trade”. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/cTHb4px
The U.S. is seeking to end the war through a cease-fire proposal backed by President Biden, while also joining talks this weekend to reopen the route for aid into Gaza from Egypt. https://www.wsj.com/articles/u-s-presses-two-lane-diplomacy-on-gaza-facing-road-bumps-in-both-c3093c56