Fast cars and fast bucks What gets the heartbeats of the well-heeled racing? Speedy cars and stock market killings probably feature high on the agenda. The initial public offering (IPO) of Porsche is well set to deliver flutters on both counts when shares start trading on Frankfurt’s stock exchange this week. With a predicted valuation […]
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The Walking Debt The increase in interest rates globally has affected many businesses but the latest rate rise in Hong Kong is likely to cause all manner of problems for mortgage borrowers and corporate debtors, as the costs of maintaining their debt soar. Some corporate borrowers in particular face a gloomy outlook as they could
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Are these fractions proper? Fractionalised non-fungible tokens (F-NFTs) are the latest incarnation of the complexities of the crypto art world. In brief, they break up the concept of owning a piece of art by allowing anyone to own a smaller piece of it. However there is confusion around what the future holds for F-NFT investors
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Etheruem’s lanes merging The crypto world is watching as Ethereum’s long anticipated shift from a proof-of-work consensus mechanism to proof-of-stake has finally completed. The Merge, as it’s popularly known, is the most significant transformation to a blockchain protocol for any cryptocurrency. The question for investors is whether the market for Ethereum’s native token, Ether, will
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Trouble at coin mill What’s the latest? The crypto fortunes of Terra tokens Luna and Luna Classic plummeted as a South Korean court issued an arrest warrant against Do Kwon, the network’s founder, and five others, this week. Luna fell 36%, while LUNC dropped 25%, with much of the price movement coming after news of
