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Coupang CEO resigns after online retailer hit by massive data breach
SEOUL, Dec 10 (Reuters) - South Korea's biggest online retailer Coupang said on Wednesday that CEO Park Dae-jun has resigned, taking responsibility for a huge data breach at the company that has triggered a growing backlash in Asia's fourth-largest economy. Coupang "deeply apologises for...Reuters
Wed, Dec 10
REFILE- Coupang CEO resigns after online retailer hit by massive data breach
SEOUL, Dec 10 (Reuters) - South Korea's biggest online retailer Coupang said on Wednesday that its Chief Executive Officer Park Dae-jun has resigned, taking responsibility for a huge data breach at the company. Coupang said Harold Rogers, the chief administrative officer of its parent company in...Reuters
Wed, Dec 10
EMERGING MARKETS-Indonesian rupiah eases; Asian assets lacklustre ahead of Fed
IDR eases after report US trade deal at risk of collapseIndonesia official says tariff talks with U.S. still ongoingInvestors await Federal Reserve outlook for next yearBy Shivangi Lahiri Dec 10 (Reuters) - The Indonesian rupiah weakened on Wednesday, while other Asian currencies and equities tr...Reuters
Wed, Dec 10
EMERGING MARKETS-Indonesian rupiah eases; Asian assets lacklustre ahead of Fed
IDR eases after report US trade deal at risk of collapseIndonesia official says tariff talks with U.S. still ongoingInvestors await Federal Reserve outlook for next yearBy Shivangi Lahiri Dec 10 (Reuters) - The Indonesian rupiah weakened on Wednesday, while other Asian currencies and equities tr...Reuters
Wed, Dec 10
HK Movers | Vanke Jumps as It Aims to Avoid Default as Creditor Meeting Kicks Off
Vanke shares jumped in Hong Kong and in the mainland.China Vanke Co. creditors met Wednesday as the distressed developer makes one more push to win support for a bond extension plan aimed at averting a default.Holders of Vanke’s 2 billion yuan ($283 million) onshore note due Dec. 15 are set to conve...Tiger News
Wed, Dec 10
MORNING BID EUROPE-Dazed yen hogs limelight before Fed
A look at the day ahead in European and global markets from Rae WeeMuch of investors' attention for the week has been on the Federal Reserve's rate decision, but for a brief moment on Wednesday, focus in currency markets turned to the yen.The yen looked punch-drunk in Asia after a sudden spi...Reuters
Wed, Dec 10
UK Stocks-Factors to watch on December 10
Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIC1 down 0.38%.SHELL: Venture Global VG.N submitted its response late to a legal challenge from Shell SHEL.L over the oil major's defeat in an arbitration case, rejecting allegations of fraud and accusing Shell...Reuters
Wed, Dec 10
Shares on tenterhooks as Fed cut priced, guidance uncertain
SYDNEY, Dec 10 (Reuters) - Asian shares and Wall Street futures hunkered down on Wednesday as crunch time neared for a divided Federal Reserve policy board, and earnings results threatened to test sky-high valuations in the AI space.Reuters
Wed, Dec 10
Crypto Daily | Tether-Backed Twenty One Sinks 20% on Debut; Bitcoin "After Dark" ETF Would Bet on BTC as Wall Street Sleeps
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsTether-Backed Twenty One Capital Sinks on DebutShares of crypto treasury firm Twenty One Capital plunged on their first day of trading on Tuesday following the comp...Tiger News
Wed, Dec 10
INDIA STOCKS-Indian stocks edge up ahead of Fed rate decision
By Bharath Rajeswaran and Vivek Kumar M Dec 10 (Reuters) - India’s equity benchmarks logged modest gains on Wednesday, mirroring Asian peers, as investors waited for the U.S. Federal Reserve’s rate decision due later in the day. The Nifty 50 .NSEI rose 0.36% to 25,932.70 and the BSE Sens...Reuters
Wed, Dec 10
BREAKINGVIEWS-Beijing has a $1 trln case for a stronger yuan
By Ka Sing Chan HONG KONG, Dec 10 (Reuters Breakingviews) - Few would have predicted this at the beginning of 2025: China posted a record $1 trillion trade surplus for the first 11 months of the year despite a tariff war with the U.S. for most of that period. But the rush of Chinese exports to no...Reuters
Wed, Dec 10
INDIA STOCKS-Indian stocks muted ahead of Fed rate decision
Dec 10 (Reuters) - India's equity benchmarks were off to a muted start on Wednesday, mirroring Asian peers, as investors await the U.S. Federal Reserve's rate decision later in the day.The Nifty 50 .NSEI rose 0.09% to 25,864.05 and the BSE Sensex .BSESN lost 0.07% to 84,607.49, respectively,...Reuters
Wed, Dec 10
HK Movers | Gold and Silver Stocks Jump With Lingbao Gold up 10%
Gold and silver stocks jumped in Hong Kong. Lingbao Gold rose 10%; Tongguan Gold rose 7%; CHI SILVER rose 5%; Zijin Gold International and Everest Gold rose 4%; Laopu Gold rose 3%; Zhaojin Mining and Chifeng Gold rose 2%.Tiger News
Wed, Dec 10
HK Movers | NIO's LiDAR Supplier Seyond Surges 55% in Trading Debut
Seyond Holdings, the LiDAR supplier for Nio Inc (NYSE: NIO), made its debut on the Hong Kong stock market today, rising in morning trading.As of press time, Seyond shares surged 55% in morning trading.Seyond raised HK$1.03 billion through the listing to bolster product development and market expansi...Tiger News
Wed, Dec 10
INDIA STOCKS-Indian stocks likely to open flat ahead of Fed rate decision
Dec 10 (Reuters) - India's equity benchmarks are set for a muted start on Wednesday, mirroring Asian peers, as investors await the U.S. Federal Reserve's rate decision later in the day.The Gift Nifty futures GIFc1 were trading at 25,909 points as of 7:53 a.m. IST, indicating that the benchma...Reuters
Wed, Dec 10
GLOBAL MARKETS-Asia shares ease as Fed cut priced, guidance uncertain
Nikkei slips in nervous Asia trade, S&P futures dipFed seen cutting 25bps, focus on dots and Powell Yen shaky after stumble takes it to record low on euroSilver's bull run breaks more chart barriers By Wayne Cole SYDNEY, Dec 10 (Reuters) - Asian shares and Wall Street futures gave ground ...Reuters
Wed, Dec 10
Three Mining Stocks To Buy As Silver Hits All-Time High
On Tuesday, silver prices pushed past $60 per ounce to set an all-time record.Silver reached that unprecedented price after a roughly 5% rally on Tuesday. It has been an exceptional year for silver, which generally tends to be a volatile metal. Year-to-date silver is up 104%. Much of the demand has ...Tiger News
Wed, Dec 10
Pharaoh Capital Launches Zero-Capital Solar Deployment Model to Accelerate UK Commercial Adoption
LEEDS, UK - December 10, 2025 - (SeaPRwire) - Pharaoh Capital, a Leeds-based renewable energy investment group, has introduced a new zero-capital commercial solar deployment model through its subsidiaries INICIO and Solar4Business, enabling British enterprises to install large-scale rooftop solar systems without upfront expenditure. By fully funding, managing, and delivering installations on behalf of clients, Pharaoh Capital is removing one of the primary barriers to renewable energy adoption across the UK’s industrial, commercial, and real estate sectors.Founded in 2022 by Grant Nicholson, Pharaoh Capital operates on a fundamentally different premise than established market players. Rather than requiring businesses to finance solar installations upfront, the group's subsidiaries INICIO and Solar4Business assume all capital risk, project management, and installation responsibilities. Clients sign long-term Power Purchase Agreements at fixed rates that immediately undercut existing electricity bills, delivering energy cost reductions of 30 to 40 percent with zero balance sheet impact."The sector is full of cowboys or corporates so slow they move like treacle," Nicholson explains. "Through INICIO and Solar4Business, we deliver enterprise-grade projects with SME-level speed, turning around installations in under eight weeks from site assessment to switch-on." The subsidiaries target solar installations between £250,000 and £5 million per site, funded entirely through private capital managed by the Pharaoh Capital holding company.Clients including CBRE, Yodel, and the NHS have benefited from the streamlined approach delivered by INICIO and Solar4Business, avoiding maintenance burdens and asset ownership complexities while securing predictable energy pricing. Nicholson's entrepreneurial achievements have garnered industry recognition, including the European Entrepreneur of the Year designation from Aspioneer Magazine in 2024 and the Institute of Directors' Young Director of the Year award for Yorkshire and North East in 2020.Pharaoh Capital now targets deploying £100 million in debt financing through its operational subsidiaries directly into revenue-generating, long-term agreements that simultaneously reduce client costs and strengthen the group's profit-and-loss statement through predictable cash flows. For UK industrial operators, landlords, and commercial real estate leaders seeking to reduce energy expenditure while advancing ESG objectives, Pharaoh Capital and its subsidiaries INICIO and Solar4Business represent a pragmatic alternative to traditional energy providers.About Pharaoh Capital LimitedEstablished in 2022 and headquartered in Leeds, Pharaoh Capital Limited operates as a specialist investment and holding company targeting the UK energy and renewables sector. Through its operational subsidiaries INICIO and Solar4Business, the group has built a substantial commercial solar portfolio by funding and managing installations that deliver immediate client savings while generating reliable investor returns. Pharaoh Capital's subsidiaries have served 175 commercial clients without requiring government subsidies or external equity financing.Grant Nicholson, the group's founder, previously won the Institute of Directors Yorkshire Young Director Award and has been recognized for his contributions to sustainable business energy solutions. The parent company's revenue milestone represents approximately 25% progress toward Nicholson's ambitious £100 million deployment target for scaling renewable energy infrastructure across the UK through INICIO and Solar4Business.Contact InformationBrand: Pharaoh CapitalContact: Grant NicholsonEmail: gn@pharaoh-capital.comWebsite: https://www.pharaoh-capital.com10/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Wed, Dec 10
IFF Launches a New Scholarship Initiative, Aimed at Making High-level Financial Education More Accessible
London, UK - December 10, 2025 - (SeaPRwire) - Responding to surging demand for advanced finance education, the International Faculty of Finance (IFF) has introduced a new scholarship initiative aimed at widening access for self-funded professionals. Open until the end of December, the scheme offers partial scholarships across IFF’s full portfolio of public courses, spanning sustainable investing, digital risk, and the use of new technologies in finance.Demand for specialized finance education is surging, prompting IFF to offer new scholarships and develop training tailored to modern technology and emerging sustainability requirements.Professional training providers are experiencing a sharp rise in demand for advanced finance courses, as artificial intelligence and sustainable investing rapidly reshape global markets and regulatory demands. The International Faculty of Finance (IFF) reports nearly a 40 percent increase in enrolments for related programs over the past year, a signal of the accelerating rate at which financial skills must be updated as technology and standards progress.Ted Bailey, Director at IFF, notes, "The people driving the next phase of the industry aren't necessarily those with the longest careers behind them. They're the ones adapting fastest to new realities. Whether that's integrating ESG principles into financial analysis or understanding how AI models reshape decision-making. We want to open doors for individuals investing in themselves, but also support those in organisations who are taking ownership of their own progression."This change in training priorities is viewed as structural, not cyclical. Research, including a recent PwC CEO survey, shows that almost seventy percent of financial leaders anticipate that technology will require fresh skill sets across most roles, while evolving sustainability standards have expanded the technical remit of finance teams. The combination of these forces has created urgent demand for both broader conceptual understanding and direct application in daily practice.IFF's expanded course portfolio is built to address these needs. While maintaining strong offerings in established topics like risk management and asset valuation, IFF now includes programs focused on integrating technology-driven insights into portfolio construction and turning ESG data into actionable disclosure frameworks. "A risk professional who once focused on credit exposure now needs fluency in AI governance. An analyst covering renewables must understand both project finance and climate data. The lines have blurred, and that's where learning has to keep pace," Bailey explains.The scholarship program also reflects a broader movement toward lifelong learning among professionals. Studies by McKinsey and Deloitte show that employees who pursue development aligned with emerging technology and sustainability trends are more likely to progress, even in challenging markets. For those in mid-career, cost can be a significant barrier, and IFF's initiative aims to help overcome that challenge.Based in London, IFF serves the global finance community, providing courses for professionals working in banking, investment, and regulation worldwide. Its reputation for practical, outcome-focused learning, from accredited university courses to expert-led workshops, supports its quick response to changes in market demand.Bailey summarizes, "The pace of change in finance means learning can't be a static exercise. Our role is to make it attainable, relevant, and grounded in the realities of the profession." The new scholarships not only broaden access to training but reinforce IFF's commitment to supporting individuals and institutions that recognize continuous learning as the key to future performance and resilience.IFF is part of Informa, a London-based global leader in professional education and events, supporting continuous learning and capability development across industries.About International Faculty of FinanceThe International Faculty of Finance (IFF) is a global leader in executive-level banking and finance education, offering a comprehensive portfolio of expert-led training across Governance, Risk & Compliance; Corporate Finance; FinTech; Wealth & Investment Management; Project Finance & Infrastructure; and more.Delivered through flexible formats, IFF supports finance professionals and organisations worldwide. IFF is part of Informa PLC, a FTSE-listed international events, digital services, and academic knowledge group, operating in over 30 countries. Informa's purpose is to champion the specialist, connecting people with knowledge to help them learn more, know more, and do more.Contact InformationCompany: Informa Connect Academy (Informa PLC)Contact: Informa Connect Academy TeamEmail: krystle.almeida@Informa.comWebsite: https://informaconnect.com/iff/ 10/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Wed, Dec 10
Japan's Topix gauge touches record high in tentative trade before Fed, BOJ
By Rocky Swift TOKYO, Dec 10 (Reuters) - Japan's broad Topix gauge of shares touched a record high before turning lower in tentative trading on Wednesday, as investors awaited key central bank decisions at home and abroad.The Topix .TOPX reached an unprecedented 3,408.99 in early trading befo...Reuters
Wed, Dec 10
