AROBS Transilvania Software, a tech entrepreneurial company listed at the Bucharest Stock Exchange, has acquired Quest Global Romania, part of Quest Global Engineering Services, an end-to-end global product engineering services and solutions.
Hang Seng plans to offer tokenized gold fund units recorded on public blockchains, though the product remains subject to regulatory approval and will not trade on secondary markets. Hang Seng Investment Management has launched a new physically backed gold exchange-traded fund (ETF) in Hong Kong, with an option for future tokenized access to the asset. The Hang Seng Gold ETF, which began trading on the Hong Kong Stock Exchange on Thursday under stock code 3170, is designed to track the LBMA Gold Price AM, the widely used morning benchmark set in London. The fund is structured as a passive ETF and holds physical gold bars that meet London Bullion Market Association good delivery standards, according to product details. Gold held by the ETF is stored in vaults in Hong Kong, with HSBC acting as gold custodian. The structure allows for both in-cash and, in certain cases, in-gold creation and redemption by participating dealers, though retail investors trade units on the secondary market like ordinary shares. Read ...
ETH price charts confirmed a triangle breakdown, shifting the near-term bias lower and putting $2,250 in focus if sellers stay in control. Ether (ETH) is now more than 14% below its local peak near $3,400, underscoring the sellers’ tenacity above $3,000. A bearish technical setup suggests the pressure may extend into February. Key takeaways: ETH fell back below $3,000, confirming a triangle breakdown that targets $2,250. Read more
Wizz Air, the largest local airline, will launch two new routes from Iasi airport starting this summer season, to Milan Malpensa and Pisa, Italy.
Chief of Defence Forces (CDF) and Chief of the Army Staff (COAS) Field Marshal Asim Munir noted that the armed forces were “undergoing major transformation in multiple domains”, the Inter-Services Public Relations (ISPR) said on Thursday. According to an ISPR press release, the army chief made the remarks while addressing troops of the Bahawalpur Garrison at Khairpur Tamewali (KPT) in Punjab, where he witnessed a high-intensity field exercise ‘Steadfast Resolve’. The corps, based at Bahawalpur Garrison, is a key strike formation of the Pakistan Army. Its area of responsibility includes the southern Punjab desert zone and its order of battle includes multiple divisions. It focuses on modern, technology-enabled, multi-domain operations, often conducting exercises in areas like Khairpur Tamewali. “COAS & CDF highlighted that Pakistan Armed Forces are undergoing major transformation in multiple domains,” the military’s media affairs wing said. “Character of war has evolved massively, with technological advancemen...