HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC said it is launching custody services for storing tokenized securities, digital versions of regulated assets like bonds that exist on the blockchain.
TikTok owner ByteDance offers employees buyback option at higher price to boost confidence
The buyback plan comes after a challenging few years for ByteDance, which has faced tougher regulation, a fall in valuation and scrutiny of TikTok in the U.S.
Samsung launches generative AI model made for its devices, beating Apple to the punch
Samsung Electronics on Wednesday introduced a new generative artificial intelligence model called Samsung Gauss.
UBS resumes selling the bonds at the heart of Credit Suisse controversy
UBS on Wednesday began selling Additional Tier 1 (AT1) bonds for the first time since completing the takeover of Credit Suisse.
Nintendo to make Zelda movie after Mario success; shares pop 6%
Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters.
Commerzbank Q3 net profit more than triples, beats expectations
Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter.
Israel says it has destroyed 130 Hamas tunnels; UN rights chief says Gaza is a ‘living nightmare’
U.S. Secretary of State Antony Blinken stressed that the consensus of Group of Seven ministers was that a humanitarian pause in the Israel-Hamas war would fulfil “key” objectives.
Dutch bank ABN Amro beats Q3 profit estimates
Dutch lender ABN Amro on Wednesday reported a third-quarter net profit well above market expectations.
CNBC Daily Open: Strange, but good, things are happening in markets and the economy
Last month’s sudden surge in Treasury yields and oil prices — both of which tend to suppress investors’ appetite for stocks — looks to be ending.
Russia is turning increasingly hostile toward Israel as it picks sides in the Middle East
Russia has started to abandon its more neutral stance to the Israel-Hamas war and is becoming openly critical and hostile toward Israel.
