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Citi launches market-first tokenized depositary receipts to connect private companies, investors

CITI has announced the launch of Digital Depositary Receipts on private shares, introducing a direct and transparent model that broadens access to private markets for both issuers and investors. The launch marks the first time a global financial services company is both issuing and acting as a custodian for tokenize…

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Titleholder Monaco excluded from French basketball championship over financial concerns

Monaco players salute fans after the Euroleague seimifinal basketball match between Olympiacos and Monaco in Abu Dhabi, United Arab Emirates, on May 18, 2025. French basketball champion Monaco has been excluded from national competition next season for failing to provide sufficient financial guarantees, the French b…

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Futures Rebound With Cash Markets Closed; Gold, Bitcoin Jump

While US cash markets are closed for the July 4th holiday, stocks around the world rebounded from yesterday's momentum rout as the latest round of jitters about the AI trade subsided, with Europe’s benchmark rising to an all-time high. S&P futures rose 0.3% and Nasdaq 100 futures rebounded 1.2% in thin holiday tradi…

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Trump’s Freedom 250 draws corporate sponsors with business before his administration

WASHINGTON — On the National Mall this week, Freedom 250 signs pointed visitors toward temporary state pavilions, a Ferris wheel and mobile, transitory history exhibits. Sponsor names appeared beside Trump-aligned programming. Some states were represented by official delegations. Others had opted out, leaving replac…

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Israel's tech employees cost more than US counterparts

Israel's 400,000 tech employees have for some years been expensive in global terms, with their cost second only to that of Silicon Valley. The tech giants preferred to pay dearly for the Israeli worker, knowing that they would receive a better result than their counterparts in India and eastern Europe, while their p…

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Watch : Marcos not worried about PH losing grants after upper middle income status upgrade

President Ferdinand Marcos Jr. on July 2, 2026 (July 3 in Manila) says that he is not worried about the country's potential loss of certain developmental grants after the World Bank’s reclassification of the Philippines as an upper middle-income economy. In a joint press conference with Canadian Prime Minister Mark …

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