• September 30, 2024

Japanese Stocks Slide on Fears New Prime Minister Will Be Less Market-Friendly

Shares in Tokyo fell sharply Monday, on concerns that Japan's next prime minister could adopt policies that wouldn't be very friendly to the economy and markets. The benchmark Nikkei Stock Average fell 4.8% to 37919.55 after Shigeru Ishiba, who has been seen as favoring tighter fiscal and monetary policy, won the ruling party's leadership election on Friday. Analysts said Ishiba's previous comments about potential increases in corporate and financial-income taxes raised concerns over corporate earnings and consumer sentiment.

  • September 30, 2024

EXCHANGE TRADED CONCEPTS, LLC. ANNOUNCES COMPLETION OF FUND REORGANIZATIONS

Exchange Traded Concepts, LLC ("ETC") and Syntax Advisors, LLC are pleased to announce the completion of the reorganizations (each a "Reorganization" and together the "Reorganizations") of Syntax Stratified LargeCap ETF (SSPY), Syntax Stratified MidCap ETF (SMDY), Syntax Stratified SmallCap ETF (SSLY), Syntax Stratified U.S. Total Market ETF (SYUS), and Syntax Stratified Total Market II ETF (SYII) into the Stratified LargeCap Index ETF (NYSE: SSPY) and the Reorganization of the Syntax Stratified

  • September 30, 2024

Hong Kong SFC Grants ZA Bank License for Cryptocurrency Trading

According to Foresight News, the Hong Kong Securities and Futures Commission (SFC) has granted ZA Bank an extension to its type 1 license, allowing the bank to engage in cryptocurrency trading. This development marks a significant step for ZA Bank as it expands its services into the virtual asset market.