ARCHIVE December2022

Investors in Cathie Wood’s ARK Innovation are losing their conviction
Investors who bought the dip in Cathie Wood’s ARK Innovation exchange-traded fund have been punished this year. Some finally appear to be losing their conviction. Shares of the fund, a pandemic-era favourite largely made up […]

FinnCap cuts jobs and office space amid ‘challenging’ environment
City broker FinnCap is putting its expansion plans on ice, cutting jobs and shrinking office space amid a brutal outlook for equity capital markets deals. Revenue at the broker halved to £16.4m […]

Sam Bankman-Fried’s parents were there for his rise. Now they’re there for his fall
Sam Bankman-Fried, founder of the collapsed exchange FTX, always stood apart from other cryptocurrency entrepreneurs, and it wasn’t for his baggy shorts or taste in videogames. Both his parents, as Bankman-Fried would note […]

CoinMENA Enables Crypto Purchases For Dubai Real Estate
United Arab Emirates (UAE) real estate developer MAG is set to facilitate real estate purchases using cryptocurrencies. The news comes as part of a partnership with crypto asset service provider in the […]

Berenberg cuts 55 staff in second round of London layoffs
Berenberg has cut 55 jobs in its London operation, its second round of layoffs in recent months as banks continue to roll out redundancies as deal activity slumps. The German investment bank […]
European Parliament: Holdomor was a genocide of Ukrainians by Soviet Union – JURIST
The European Parliament Thursday voted 507 to 12 to officially recognize the Holodomor famine as a genocide of Ukrainians “inflicted by Stalin”.The resolution states:Having regard to the 2003 Ukrainian Verkhovna Rada resolution […]
North Korea releases US soldier who crossed demilitarized zone 2 months ago – JURIST
North Korea expelled US soldier Travis King on Wednesday, 2 months after he crossed into its territory from South Korea. KCNA, North Korea’s state media, announced that North Korea expelled King after […]
South Korea court overturns North Korea leaflet ban – JURIST
The Constitutional Court of South Korea on Tuesday struck down a provision of the Law on the Development of Inter-Korean Relations which prohibits the distribution of leaflets in North Korea and imposes […]
Hong Kong court sentences journalist to 5 days in jail for obstructing police officer – JURIST
The West Kowloon Magistrates’ Court on Monday sentenced the head of the Hong Kong Journalists Association Ronson Chan to five days in jail, according to the Hong Kong Free Press (HKFP). As […]
Philippine Coast Guard removes floating barrier allegedly placed by China – JURIST
A Philippine Coast Guard (PCG) spokesperson announced Monday that the PCG removed a floating barrier allegedly placed by China near the disputed Scarborough Shoal in the South China Sea. This comes days […]
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