Search results for "BAY"
05:22

Analysis indicates that the application for stablecoin licenses in Hong Kong has exceeded expectations, which may drive the Monetary Authority to issue more in the future.

Odaily News The head of the Greater Bay Area Development Research at the Unity Hong Kong Foundation, Mak Wing-chung, stated in an interview with Radio Hong Kong that the regulation and policy direction of stablecoins in Hong Kong is clear, attracting a large number of institutions' attention, and the intention to apply for licenses has far exceeded expectations. He pointed out that large technology companies may prefer to use stablecoins in payment scenarios, while traditional financial institutions may apply them more in cross-border Settlement. If the first batch of licensed institutions operates smoothly, the Hong Kong Monetary Authority may consider issuing more licenses in the future. (Aastocks)
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08:47

The 2025 Singapore TOKEN2049 is about to begin: over 25,000 attendees, capturing the latest trends in the Web3 industry.

The world's largest and most influential crypto assets conference TOKEN2049 has announced the first batch of keynote speakers for its flagship edition in Singapore. TOKEN2049 will take place from October 1 to 2, 2025, at Marina Bay Sands, and is expected to attract over 25,000 attendees from more than 160 countries/regions, solidifying its position as the premier annual international industry event.
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03:53

Gate News bot message, stablecoin payment service provider KUN has completed a new round of financing, with multiple well-known institutions participating in the investment.

Gate News bot message, technology company KUN, focusing on stablecoin payments and Financial Service, announced the completion of its Series A financing. Investors in this round include BAI Capital, GSR Ventures, a Hong Kong listed company, and Eternium Global, among others. It is reported that KUN has raised a total of over 50 million USD so far. KUN is based in the compliant systems of Hong Kong, Singapore, and Europe, with its service coverage extending to emerging markets such as the Greater Bay Area, Southeast Asia, the Middle East, Africa, and Latin America. The company is committed to providing innovative stablecoin payment solutions for its clients.
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BOT-2.58%
03:52

The stablecoin payment service platform KUN has completed its Series A financing, with participation from BAI Capital and GSR Ventures.

ChainCatcher news, the stablecoin payment service platform KUN has completed Series A financing, with participation from BAI Capital, GSR Ventures, a certain Hong Kong listed company, and Eternium Global, with a total financing amount exceeding 50 million USD. KUN is an innovative technology company focused on stablecoin payment and financial services, based in Hong Kong, with licenses and compliance systems in Singapore and Europe, serving emerging markets such as the Greater Bay Area, Southeast Asia, the Middle East, Africa, and Latin America.
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22:43

A barge in Egypt capsized in the Suez Bay, resulting in 4 deaths.

According to the Egyptian Ministry of Petroleum, the "Adam Ocean 12" barge capsized in the Suez Bay on the evening of July 1. Rescue operations are underway at the accident site, with four people confirmed dead, 23 rescued, and others still missing. The cause of the accident is under investigation.
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06:26

JLL: In May, Hong Kong's office vacancy rate fell to 13.6%, with rents decreasing by 0.3% month-on-month.

On June 18, Jones Lang LaSalle issued a report pointing out that Hong Kong's Grade A office market continued to improve in May, and the overall office vacancy rate fell to 13.6% despite the completion of new projects. The vacancy rates in four of the five major business districts declined, with Central, Tsim Sha Tsui and Kowloon East falling by 0.1 percentage points to 11.6%, 7.8% and 20.9% respectively, Wan Chai/Causeway Bay falling by 0.2 percentage points to 9%, and Island East edging up by 0.2 percentage points to 14.2%. The overall leasing market recorded positive net absorption of 192,000 sq ft in May. In addition, office rents continued to decline in May, with a slight decrease of 0.3% month-on-month. Island East saw a more significant decline, down 1%, followed by Kowloon East, down 0.7%. Central, Wan Chai and Causeway Bay fell by 0.4% and 0.2% respectively.
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08:57

Cayen Technology: A total of 5.128 million shares were reduced in Fu Mountain Bay, Fu Ning Bay, Zhuo Shang Stone, and Zhuo Shang Bay.

Jin10 reported on May 30 that Kain Technology announced that shareholders Fushan Bay, Funing Bay, Zhuoshang Stone, and Zhuoshang Bay have cumulatively reduced their holdings of the company's shares by 5.128 million shares, accounting for 3.00% of the company's total share capital, due to their own funding needs through Block Trading and centralized Bidding. This reduction plan has been completed.
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13:05

Analysts: The upward revision of the US GDP will not change the Federal Reserve's wait-and-see stance.

Jin10 data reported on May 29, Granite Bay analyst Paul Stanley stated that the revision of the U.S. first-quarter GDP data may not change the Federal Reserve's wait-and-see stance. He expects the Federal Reserve to restart interest rate cuts this fall and mentioned that the Federal Reserve may cut rates 1 to 2 times in the last few months of 2025. According to data from the Chicago Mercantile Exchange (CME), this expectation is consistent with market pricing. The second estimate of the U.S. first-quarter GDP shows an economic contraction of 0.2%, which is a slight narrowing compared to the previously announced contraction of 0.3%.
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00:19

The U.S. House of Representatives passed a bill to rename the "Gulf of Mexico" to "Bay of America."

The U.S. House of Representatives passed a bill to rename the "Gulf of Mexico" to "Gulf of America," with 211 votes in favor and 206 votes against. The vote was along party lines, with one Republican member voting against it. The bill requires federal agencies to change relevant documents and will take effect after being approved by the Senate. Democrats criticized Republicans for wasting time on this "stupid" bill.
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10:52

Standard Chartered Greater Bay Area Business Climate Index: Comprehensive Improvement in Q1 2025

Jin10 data April 15 news, Standard Chartered Bank and the Hong Kong Trade Development Council jointly announced the latest Standard Chartered Greater Bay Area Business Activity Index (GBAI), which shows that business sentiment recorded a comprehensive improvement in the first quarter of 2025. The current index of business activity rose from the previous 50.7 to 53.5 in the first quarter of this year, hitting a new high since the second quarter of 2024. Additionally, the next survey will be conducted from May to June, at which time the results will reflect the feedback from Greater Bay Area enterprises on high tariffs.
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07:24

Singapore's Bay Bank has launched personal banking services for Crypto Assets clients.

gate News bot message, Singapore Gulf Bank ( Singapore Gulf Bank, SGB ) officially launches personal banking services. This service is specifically aimed at crypto assets native customers and clients interested in crypto assets, aiming to bridge the gap between digital finance and TradFi. SGB offers various payment methods such as wire transfer, bank card, and encryption channels, and supports multiple foreign exchange transactions to provide international payment services to customers. The bank is backed by the Bahrain Sovereign Wealth Fund Mumtalakat and the Singapore private investment group Hutchison Whampoa.
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BOT-2.58%
SGB-1.44%
05:16

Musk clarifies that the Federal Government Efficiency Department has no connection with Dogecoin.

According to the Gate.io News bot, Decrypt reported that Musk clarified at a town hall meeting in Green Bay, Wisconsin, that the federal government's Efficiency Department (DOGE) is not related to the crypto asset Dogecoin. This meeting was hosted by Musk's American Political Action Committee. Musk stated that the government does not plan to adopt this crypto asset, and the similarity in names is merely due to hopes of improving government efficiency by 15%.
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BOT-2.58%
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20:37

YZi Labs announces the launch of the AI and Blockchain Global Hackathon

Odaily News YZi Labs announced the launch of a global hackathon for AI and Blockchain. The offline hackathon is set to take place on April 12, 2025, at AGI House in the San Francisco Bay Area, while the online hackathon will be held in collaboration with its portfolio company, DoraHacks, from April 13 to 27.
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AGI9.67%
16:31

YZi Labs announced that it will hold an online and offline Hackerthon event in 2025.

Gate.io News bot message, YZi Labs plans to hold an offline hackathon event at AGI House in the San Francisco Bay Area on April 12, 2025. At the same time, YZi Labs is co-hosting a two-week online hackathon with its portfolio company DoraHacks, scheduled from April 13 to 27. This event focuses on the application of AI and blockchain technology in the fintech sector, providing participants with the opportunity to join the YZi Labs incubation program and gain investment opportunities. The event also includes a BUIDLer Breakfast on April 13th at Stanford University, where industry professionals from the crypto space will be invited to share their insights. Source: Wu Says
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BOT-2.58%
AGI9.67%
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09:16

Edward Yau: Hong Kong has established the first batch of professional title evaluation mechanism for engineering talents with Guangdong

The Financial Secretary of the Hong Kong Special Administrative Region Government, Paul Chan Mo-po, said that he will promote the establishment of a professional title evaluation mechanism for engineering talents in cooperation with Guangdong Province, and expand it to other professional fields. At the same time, he will cooperate with Guangdong Province and the Macao Special Administrative Region to formulate technical standards for the Bay Area, promote the "one test, multiple certificates" policy, and the first trial of the standard for job types is about to be announced.
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14:51

Institutions: The latest data give the Federal Reserve no reason to cut interest rates.

Paul Stanley, an analyst at Granite Bay Wealth Management, said the Fed has no reason to cut rates at the moment. The January PPI report showed a 0.4% increase that was higher than expected, but lower than the 0.5% increase in December. Stanley believes that the economy is preparing for tariffs, which could increase inflationary pressures. Fixed income investors may see an opportunity to lock in higher yields.
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09:47

The SHEIN Bay Area Smart Industrial Park has been officially delivered, and it is expected to be officially occupied and used within this year.

On February 11th, Jins data, it was learned from SHEIN that the 'Xiyin Bay Smart Industrial Park' in Zhaoqing, Guangdong has recently completed project acceptance and delivery, and is expected to be officially put into use within the year. It is reported that SHEIN's total investment in the area's Supply Chain has reached tens of billions. It is understood that the Xiyin Bay Smart Industrial Park is one of SHEIN's key projects in the bay area's Supply Chain matrix. The project fully integrates existing resources without adding new land. Currently, SHEIN has leased over 700,000 square meters of warehouse space in Zhaoqing, and the new project will lease 260,000 square meters of warehouse space.
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22:45

Trump announced February 9 as the first 'American Bay Day'

On February 10, Jinshi Data reported that on February 9 local time, Margot Martin, special assistant to the US president and communications advisor, announced through social media that President Trump signed a proclamation on the same day, declaring February 9, 2025 as the first 'American Bay Day'. On January 20 local time, US President Trump signed an executive order renaming the 'Gulf of Mexico' to the 'American Bay'.
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17:40

Two flights carrying illegal immigrants fly to Guantanamo Bay

On February 4, local time, the United States opened flights to Guantanamo Bay, and two flights carrying illegal immigrants from the United States to Guantanamo Bay have To The Moon. US officials said it was the first time the US military had transported immigrants to Guantanamo Bay by plane. Prior to this, Trump ordered the expansion of the illegal immigrant detention center in Guantanamo Bay, which would expand US operations at the Cuban base to accommodate up to 30,000 expelled immigrants.
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04:12

After renaming it as 'America Bay', the United States began deploying military forces.

On January 22, Jins data, the U.S. Coast Guard announced on Tuesday that it will deploy aircraft, ships, special forces, and other equipment to protect the country's maritime borders to carry out President Trump's executive order. The U.S. maritime law enforcement agency will increase its presence in Florida, focus on the Texas-Mexico maritime border and the Gulf of America, cooperate with the Department of Homeland Security and the Department of Defense to prevent illegal immigration activities. It will also increase its follow of the maritime borders of Hawaii and Alaska.
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17:02

RWAtokenization platform Brickken completes $2.5 million seed round financing

Brickken has completed a seed round of financing of 2.5 million US dollars, with investors including Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha, and Hodl Ventures. The tokenization platform will use the new funds to drive expansion in Europe and achieve a transformation in asset management, including the introduction of new API integrations, white label options, and AI agents. Over 250 million US dollars of assets have been tokenized, and the platform is ready to launch enterprise-level AI agents.
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17:11

Trump: Will rename the Gulf of Mexico to the Gulf of America

Gold Ten Data News on January 8th, US President-elect Trump made his first speech after confirming his victory in the 2024 election in Congress. He said that we have a huge deficit with Mexico, and we have provided a lot of help to Mexico. In fact, the country is basically controlled by drug cartels. I cannot let this situation continue. Mexico is indeed in trouble and very dangerous. We will soon announce a future date. We will make changes because we have the largest workload there. What we need to do is the opposite of what Biden wants to do, he wants to close everything and basically get rid of assets worth 50 to 60 trillion dollars. Trump also claimed that we want to change the name of the Gulf of Mexico to the Bay of America, which is a beautiful and appropriate name.
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07:20

SZSE: Promoting the Construction of a Safe and Efficient Capital Market Digital System

Jinshi data news on December 21st, according to the Shenzhen Stock Exchange, from December 20th to 21st, the Shenzhen Stock Exchange, together with the Hong Kong Stock Exchange and the Guangzhou Futures Exchange, held the 3rd Greater Bay Area Technology Conference in 2024 with the theme of "Building a safe and efficient Capital Market digital system." This conference focused on the digital development of the Capital Market, highlighted technological security and innovation, promoted the industry's digital transformation, jointly made great efforts in digital finance, and assisted in the integrated development of the Capital Market in the Guangdong-Hong Kong-Macao Greater Bay Area. The Shenzhen Stock Exchange will continue to adhere to the principles of advancement and security under the unified leadership of the China Securities Regulatory Commission, and contribute to the construction of a safe, standardized, transparent, open, vibrant, and resilient Capital Market.
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10:53

Strong cold air strikes, the Bohai Sea and the Yellow Sea officially enter the sea ice season.

Jin Shi Data News on December 17th, affected by a strong cold air mass, the northeastern region has experienced a significant drop in temperature recently. According to the latest satellite remote sensing and ocean station monitoring data from the North China Sea Forecast and Disaster Reduction Center of the Ministry of Natural Resources, on December 16th, there was sea ice distribution in the offshore waters of Liaodong Bay, with floating ice about 3 nautical miles away from the shore and a distribution area of 291 square kilometers. In addition, satellite remote sensing also detected sea ice of 69 square kilometers in the coastal waters of the northern part of the Yellow Sea, where Dandong, Liaoning is located. This marks the official beginning of the sea ice season in the Bohai Sea and the Yellow Sea this winter. Currently, the sea ice in the Bohai Sea and the Yellow Sea is still in the initial stage, mainly distributed in areas such as the mouths of rivers and nearshore shoals. With further drop in winter temperatures and sea temperatures, the sea ice will continue to develop, and the Bohai Sea, Liaodong Bay, and the northern part of the Yellow Sea will enter a severe ice period around mid-January 2025.
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11:52

Leishai Intelligence: plans to invest no less than 500 million yuan in the research and development and intelligent manufacturing base project of core components for humanoid robots

On December 2, Jin10 Data News: Rayse Intelligence announced that the company has signed a project investment protocol with the Dongguan Binhai Bay New Area Management Committee, planning to invest no less than 500 million yuan to build the Rayse Intelligence South China Regional Headquarters and Humanoid Robot Core Component Research and Development Manufacturing Base Project in the Dongguan Binhai Bay New Area.
15:35
On November 28th, Solana co-founder Toly (Anatoly Yakovenko) stated on social media, 'Speculated that encryption startups worth about $250 billion have left the Bay Area because California representatives failed to stop Warren's excessive intervention. Anywhere else in the world would spare no effort to keep these startups there.'
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12:05

Moongate announces the launch of the native Token MGT Token

ChainCatcher news, Moongate announced the launch of the native Token MGT Token. The protocol will distribute a part of the total supply of MGT through community Airdrop, Snapshot taken on November 15, 2024. According to reports, Moongate has raised a total of over $5.2 million in funding. This funding includes investments from CMCC Global, Cogitent Ventures, and Token Bay Capital.
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MGT-7.23%
TOKEN-1.39%
08:31

The Yellow River enters the 2024-2025 flood season

On November 27, Jinshi Data News, there was a floating ice jam in the section of the Sanghu River estuary to the Lama Bay Bridge in Qingshui River County, 2 kilometers upstream of the Inner Mongolia Urad Front Banner of the Yellow River, with a floating ice jam density of 10% to 30%, and the first ice jam date was 7 days later than the average annual date. The Yellow River has entered the ice jam period from 2024 to 2025.
10:54

By 2024, the concentrated signing amount of the Guangdong-Hong Kong-Macao Greater Bay Area-ASEAN economic and trade cooperation project reached nearly 30 billion yuan.

On November 14th, Jin10 Data reported that representatives from companies and chambers of commerce in the Guangdong-Hong Kong-Macao Greater Bay Area and ASEAN signed contracts for 15 projects with a total contract amount of CNY 29.99 billion at the 2024 Greater Bay Area-ASEAN Economic and Trade Cooperation Project Signing Ceremony.
08:38

Hong Kong will promote cross-border low-altitude flight activities within the Greater Bay Area

The Hong Kong Special Administrative Region has established a low-altitude economy working group, plans to implement a "regulatory sandbox" pilot project, relaxes "beyond-visual-line-of-sight flight", expands the scope of low-altitude flight applications; updates the current civil aviation regulations, researches regulatory systems applicable to large drones; launches low-altitude infrastructure technology research and planning, and strengthens connection with the mainland to promote cross-border low-altitude flight activities in the Greater Bay Area.
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06:45

Israel's northern and central regions were attacked, with air raid sirens sounding in many places.

On November 8, Jinshi data reported that the Israel Defense Forces stated that air raid sirens sounded in the northern Upper Galilee region, Haifa Bay, and central Carmel. The IDF stated that around 6:43 am that day, about 10 projectiles were launched from Lebanon towards the Upper Galilee and Western Galilee regions, some of which were intercepted; at around 7:44 am, about 10 projectiles from Lebanon were detected and partially intercepted in Haifa Bay, central Galilee, and Upper Galilee. Currently, there are no reports of casualties.
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11:47

Institution: US Treasury yield curve is expected to steepen after the election.

Mark Dowding, Chief Information Officer of Blue Bay, said that there is a risk of excessive fiscal spending in the United States after the upcoming presidential election, which may cause the US Treasury yield curve to steepen, a significant increase in the term premium of long-term bonds, and a widening gap between short-term and long-term bond yields due to the steepening of the yield curve.
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05:24

The first batch of cross-border wealth management 2.0 has been gradually expanded by securities firms. Several securities firms have launched investment education activities.

The first batch of securities firms to participate in the pilot of the cross-border wealth management platform 2.0 expansion is about to start. It is expected that about 14 securities firms will participate in the pilot. Among them, securities firms registered in the Greater Bay Area account for the majority. Some institutions have completed the system testing phase and are ready to launch their business. The relevant securities firms have cooperated with banks to build service channels and conduct business scenario testing.
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11:22

A German oil tanker caught fire, and seven crew members were rescued.

Jinshi data news on October 12, Germany's emergency rescue department said on the 11th that an oil tanker caught fire on the coast of the Mecklenburg Bay in the Baltic Sea in northern Germany, and all seven crew members have been rescued. According to local media reports, witnesses said they heard a loud noise at around 9:15 a.m. local time, followed by quickly seeing black smoke coming from the oil tanker. The report said the oil tanker was flying the German flag and carrying about 640 tons of oil for refueling other ships at sea. The rescue department said that the fire had been "basically under control" that evening.
05:48

Survey: Hong Kong employees' overall average salary increase this year is 3.2%, expected to be 3.6% next year

On October 10, Jinshi Data News, the Hong Kong Institute of Human Resource Management released the Hong Kong and Greater Bay Area salary trend survey. Hong Kong employees received an average salary increase of 3.2% this year, while Greater Bay Area employees received an average salary increase of 4.8%. Over 60% of Hong Kong and over 30% of Greater Bay Area surveyed organizations indicated that they will give raises next year, with average increases of 3.6% and 4.7% respectively.
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