Posts Tagged ‘Backed’
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Published Fri, Feb 6, 2026 · 11:22 AM [TOKYO] Currency intervention using Japan’s foreign exchange reserves can deliver an immediate jolt to markets, but its impact would be more durable if accompanied by steady rate hikes, a former…
Read MoreImmortality by 2039? — Man Goes Viral For His Claim Backed by AI
What if death was optional by the year 2039? It sounds like the stuff of science fiction, right? But one Silicon Valley viral influencer has taken that idea very seriously. Bryan Johnson, a tech entrepreneur known for his super intense anti-ageing efforts and infectious optimism about human longevity, has set himself a shocking goal. He…
Read MoreGranite Asia raises US$350 million for fund backed by Temasek, Khazanah, INA
[SINGAPORE] Granite Asia, a Singapore-based investment firm, said on Tuesday (Dec 9) that it had raised more than US$350 million in the first close of its Pan-Asia private credit fund, anchored by South-east Asian state investors Temasek, Khazanah Nasional and the Indonesia Investment Authority (INA). The strategy, called Libra Hybrid, is targeting US$500 million in…
Read MoreCitigroup India nears US$1 billion book of asset backed securities
[MUMBAI] Citigroup’s India unit has more than doubled its asset-backed securities book to nearly US$1 billion in the last two years, ahead of schedule for a goal it set for itself in February. The bank will buy pools of loans primarily in the form of asset-backed securities, known locally as pass through certificates. One of…
Read MoreDatavault AI, Backed By IBM, Empowers Companies To Unlock Data Value
Most of us spend hours online every day — scrolling, shopping, streaming, or signing up for something new — and don’t think twice about what happens to all that information we leave behind. Nathaniel “Nate” Bradley does. Bradley is the CEO of Datavault AI Inc., an Oregon-based company that helps businesses figure out how much…
Read MoreGOP Senator Justifies Caribbean Bombings, Says ‘Cartels Are Backed by Venezuela’s Navy and Pose a Threat to the U.S.’
Republican Sen. Pete Ricketts defended ongoing U.S. military strikes targeting suspected drug-trafficking vessels in the Caribbean, citing alleged ties between narcotraffickers and Venezuela’s armed forces. “The cartels are backed by the Venezuelan Navy and pose a threat to the United States,” Ricketts told NTN24, adding that President Donald Trump “is doing the right thing” by…
Read MoreArcadia Medicine Gets FDA Green Light to Test ‘Healthier’ MDMA Formula Backed by Sam Altman
KEY POINTS Arcadia Medicine has raised $9.25 million from high-profile investors including Sam Altman, Fred Ehrsam, and Dylan Field. AM-1002 is designed to be non-neurotoxic, with fewer cardiovascular and stimulant-related side effects than traditional MDMA. Sam Altman praised the project as ‘an important step towards a potentially transformative psychiatric treatment’. San Francisco biotech startup Arcadia…
Read MoreClearbridge Health raises S$1.98 million in placement backed by Azure Capital
[SINGAPORE] Clearbridge Health has raised S$1.98 million in a placement backed by Singapore fund manager Azure Capital, among other investors, amid plans to acquire a biopharma company for US$330 million and to enter a new business. The placement of 990 million shares, at S$0.002 each, was fully taken up and has allowed Clearbridge to become…
Read MoreWhat is Merge Labs? The New Brain-Computer Startup Backed by OpenAI Challenging Elon Musk’s Neuralink
After giving tough competition to Elon Musk in the AI chatbot domain, Sam Altman, chief executive of OpenAI, is now preparing to challenge the Tesla CEO on another frontier. OpenAI is reportedly joining one of Silicon Valley’s most ambitious projects in brain-computer interfaces—with a new company called Merge Labs. Despite being in the very early…
Read MoreAnthony Pompliano Launches $1 Billion Bitcoin Treasury Platform Backed by Major Investors
Anthony Pompliano, a prominent U.S. investor and entrepreneur, revealed on Monday the launch of a new bitcoin-focused financial platform designed to hold up to $1 billion worth of the digital asset. The new firm, ProCap Financial, will emerge from a merger between Pompliano’s ProCap BTC and the SPAC Columbus Circle Capital I. The goal: to…
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