Search results for "HIGH"
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17:01

High-Win-Rate Account Bets $40K on Trump Maintaining Strait of Hormuz Blockade Until April 30 on Polymarket

Polymarket's Trump Strait of Hormuz bet: a top trader bets Trump won't end the blockade; resolution hinges on a formal public announcement lifting it by the deadline, not on its real-world effectiveness. Abstract: The article describes a Polymarket prediction market event about whether President Trump will end the Strait of Hormuz blockade before April 30. A high-win-rate trader invested about $40,000 betting that the blockade would not be lifted, at an average price of 0.685. The market resolves to "yes" only if a qualifying public statement explicitly lifts the blockade by 11:59 PM ET on the deadline; informal statements, leaks, or anonymous sources do not qualify. Public statements from Trump, including Truth Social posts or videos, count toward a "yes." The resolution depends solely on the existence of a formal announcement, not on the blockade's real-world effectiveness.
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12:41

Three Directors Resign from Millennium & Copthorne Hotels Amid Kwek Family Boardroom Feud

Three directors resign from Millennium & Copthorne amid a family-led board shakeup at City Developments, sparking a clash with patriarch Kwek Leng Beng. After reconciliation and adviser Catherine Wu’s departure, governance moves proceed toward a mid-2026 strategic review. Abstract: The article reports on leadership changes at Millennium & Copthorne Hotels, a unit of City Developments, amid a high-profile internal family dispute over board influence. It notes the February 2025 appointment of six directors, the public confrontation with Kwek Leng Beng and a subsequent lawsuit later dropped after reconciliation, and the departure of adviser Catherine Wu. City Developments says the moves were intended to strengthen governance, while a strategic review is expected to conclude by mid-2026 as investor confidence is sought to be rebuilt, aided by a recovering Singapore property market.
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12:13

UK FCA Conducts Coordinated Raids on Illegal P2P Crypto Trading Sites in London

FCA raids eight London sites tied to unregistered P2P crypto trading, issuing cease-and-desist notices. Evidence points to money-laundering and terror-financing probes; no P2P platform is FCA-registered; enforcement signals a tougher AML crackdown. Abstract: The FCA, with tax authorities and police, conducted surprise raids at eight London sites linked to unregistered peer-to-peer crypto trading, issuing cease-and-desist notices. The operation underpins ongoing money-laundering and terrorist-financing probes. No P2P platform is FCA-registered in the UK. Analysts view the action as a shift from statements to enforcement, signaling potential broader crackdowns under AML and financial-promotion rules for crypto assets, which remain high-risk investments.
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10:01

Samsung Orders Staff to Stay as Unions Plan 18-Day Strike Starting May 21

Gate News message, April 22 — Samsung Electronics has ordered 2,031 employees across 143 units to remain on duty during a planned strike, citing South Korea's Labor Union Act requirement to maintain safety protection facilities. The unions plan an 18-day walkout from May 21 to June 7, with a rally s
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09:01

Ripple Joins BIS Taskforce for Cross-Border Payments Interoperability

Summary: Ripple joins a BIS Payments taskforce to improve cross-border payment interoperability, contributing blockchain expertise to cut delays, fees, and opacity in global transfers. Abstract: This note reports that Ripple has joined a BIS taskforce under the Payments and Market Infrastructure committee to address cross-border payment interoperability. The taskforce seeks to reduce delays, fees, and opacity across international settlements, with Ripple contributing its blockchain-based technology to help design scalable global frameworks.
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07:51

Iran's Revolutionary Guards Vow Swift Response to Any Future Aggression

IRGC says it is on high alert and ready to deliver a decisive, swift response to threats and potential aggression, reaffirming its commitment to confronting hostile forces. Abstract: Iran's Islamic Revolutionary Guard Corps states its forces are on high alert and prepared to mount a decisive, comprehensive, and swift response to threats or potential future aggression, underscoring deterrence and its ongoing confrontation of hostile forces as reported by Tasnim News Agency.
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07:06

China's A-Shares Rise on Afternoon Surge; Shanghai Index Reclaims 4,100 Points, ChiNext Hits 11-Year High

Abstract: Market ends with gains for China's three major indices; tech sectors led gains (computing power, rental, semiconductors) while film/TV stocks declined; volume exceeded 2.5 trillion yuan. Summary: China’s major indices finished higher, SSE up 0.52%, SZSE 1.3%, ChiNext 1.73% to an 11-year high, with turnover over 2.5 trillion yuan, led by computing power and related tech stocks; film/TV names retreated.
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