Financial | Meow News

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Tag: Financial

Economics / Hong Kong

Can a new financing plan get Hong Kong’s cash-strapped West Kowloon arts hub back on track?

‘West Kowloon Cultural District Authority gets green light to sell residential development in arts hub’s second zone to replenish finances’ ‘The authority behind Hong Kong’s premier arts hub has received approval to sell some of its land and topped up its bank facility to HK$5 billion (US$640 million) to avert a potential financial crisis.’ ‘The […]

Jul 19, 2024

Cryptocurrency Regulations and Trends / Singapore

Singapore’s Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

The addresses supposedly owned by DBS has already made $200 million on its ether holdings, according to Nansen. ‘DBS, the largest bank in Singapore, is an ether (ETH) whale, according to on-chain analytics firm Nansen.’ ‘The blockchain address – 0x9e927c02c9eadae63f5efb0dd818943c7262fb8e – supposedly owned by DBS held 173,753 ETH, worth $647 million at press time. At […]

Jul 19, 2024