BOE's Bailey Urges ‘Global Cooperation and Engagement' at G-20
In his first dispatch to G-20 finance ministers and central bank governors as chair of the Financial Stability Board, Bailey noted the fraught backdrop. Economic and geopolitical tensions have increased, he said, while global debt vulnerabilities remain high and uncertainty continues to 'weigh on growth expectations.'
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ASX Penny Stocks Spotlight: Alcidion Group And Two More To Consider
As global markets react to shifting trade policies, the Australian market is poised for a modest rise, reflecting an optimistic sentiment. In this context, penny stocks—though often considered outdated—remain a compelling area of interest for investors seeking affordable entry points into potentially high-growth sectors. While these stocks typically involve smaller or newer companies, those with strong financial health can offer intriguing opportunities for growth. Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.38 A$108.9M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.15 A$101.42M ★★★★★★ GTN (ASX:GTN) A$0.605 A$115.35M ★★★★★★ IVE Group (ASX:IGL) A$2.98 A$459.46M ★★★★★☆ West African Resources (ASX:WAF) A$2.30 A$2.62B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.73 A$457.43M ★★★★★★ Regal Partners (ASX:RPL) A$2.65 A$891M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$360M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.66 A$813.53M ★★★★★☆ CTI Logistics (ASX:CLX) A$1.84 A$148.2M ★★★★☆☆ Click here to see the full list of 460 stocks from our ASX Penny Stocks screener. Let's dive into some prime choices out of the screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Alcidion Group Limited develops and licenses healthcare software products across Australia, New Zealand, and the United Kingdom, with a market cap of A$147.72 million. Operations: The company's revenue is derived from the provision of healthcare software solutions, totaling A$35.64 million. Market Cap: A$147.72M Alcidion Group Limited, with a market cap of A$147.72 million and revenue of A$35.64 million, is unprofitable but maintains a positive cash flow and sufficient cash runway for over three years. The company has no debt, although its short-term liabilities exceed its assets by A$1.4 million. Recent changes include the retirement of Non-Executive Director Victoria Weekes and Danny Sharp's new role as Chair of the Audit and Risk Committee. Despite losses increasing at 20.2% annually over five years, earnings are forecast to grow significantly at 106% per year according to consensus estimates. Jump into the full analysis health report here for a deeper understanding of Alcidion Group. Gain insights into Alcidion Group's future direction by reviewing our growth report. Simply Wall St Financial Health Rating: ★★★★★★ Overview: Cogstate Limited is a neuroscience technology company that focuses on creating, validating, and commercializing digital brain health assessments for academic and industry-sponsored research, with a market cap of A$295.41 million. Operations: Cogstate generates revenue from two main segments: Healthcare (including Sport) which contributes $2.98 million, and Clinical Trials (including Precision Recruitment Tool & Research) which brings in $44.22 million. Market Cap: A$295.41M Cogstate Limited, with a market cap of A$295.41 million, has shown robust financial health and growth potential. The company is debt-free, with short-term assets of A$46.9 million comfortably covering both short-term and long-term liabilities. Recent earnings guidance anticipates full-year revenue between A$52 million and A$54 million, marking a 20% to 24% improvement from the previous year. 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Looking For Alternative Opportunities? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:ALC ASX:CGS and ASX:GNG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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Yahoo
30 minutes ago
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HashKey OTC Global Posts Robust Growth in Revenue and Transaction Volume
SINGAPORE, July 15, 2025 /PRNewswire/ -- HashKey OTC Global, an OTC trading platform under HashKey Group, announced today that in the first 6 months of 2025, transaction volume increased by 140%, revenue increased by 246% year-over-year, while the number of users doubled. These milestones showcase the strong market presence for HashKey OTC Global, which operates as a regulatory compliant trading desk specializing in bespoke digital asset spot trading services for professional and institutional investors. Positioned at the intersection of traditional finance (TradFi) and Web3, HashKey OTC Global provides a secure and efficient on/off-ramp solution for crypto and fiat transactions. HashKey OTC Global serves a diverse range of clients, including hedge funds, family offices, payment processors, e-commerce businesses, cross-border trading companies, and commodity trading firms seeking deep liquidity, competitive pricing, and seamless settlement. These clients, among others, leverage HashKey OTC Global's licensed on/off-ramp services to mitigate counterparty risks, access stable banking rails, and execute large-volume trades with minimal slippage. HashKey OTC Global demonstrates its capacity to support high value institutional transactions as the platform's highest single-week volume has approached $200 million, reflecting strong market demand and deep liquidity access. It supports multicurrency settlements, including major fiat currencies and stablecoins, enabling fast and cost effective conversions for global clients. The recent milestones underscore the growing trust in regulated OTC platforms, particularly as institutions seek alternatives to fragmented liquidity sources. With connections to major financial institutions, HashKey OTC Global ensures competitive pricing, smooth settlement, and adherence to global regulatory standards, key factors driving its expanding market share. "HashKey OTC Global is committed to redefining institutional crypto services by combining TradFi reliability with Web3 innovation. Its fully compliant framework ensures that clients can transact securely while accessing deep liquidity and competitive execution—bridging the gap between traditional finance and digital assets," Chao Deng, CEO of HashKey OTC Global. HashKey OTC Global operates under full regulatory compliance, holding licenses from leading authorities such as Monetary Authority of Singapore (MAS), Japan's Financial Services Agency (JFSA), and Dubai's Virtual Assets Regulatory Authority (VARA). These approvals ensure clients benefit from a secure, globally recognized trading environment. Additionally, the company partners with top-tier banks and compliance firms like Moody's and Chainalysis to maintain robust KYC/KYT measures, reinforcing trust and transparency in every transaction. By combining regulatory excellence with cutting-edge technology, HashKey OTC Global has established itself as a preferred partner for institutions navigating the evolving digital asset landscape. About HashKey OTC Global At HashKey OTC Global, the over-the-counter (OTC) trading arm of HashKey Group, we serve as your trusted partner in the world of digital assets. With a strong legacy and reputation, we focus on providing regulatory-compliant digital asset trading services to professional investors, institutions, and high-net-worth individuals. View original content: SOURCE HashKey OTC Global Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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34 minutes ago
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Asian markets mixed as China's economy meets forecasts
Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support. Beijing said gross domestic product expanded 5.2 percent in April-June thanks to a surge in exports as businesses front-loaded shipments ahead of the US president's stiff levies, and after the superpowers agreed to work on a long-term pact. While the reading was slightly slower than the first quarter, it was in line with forecasts in an AFP survey and comes after figures on Monday showed exports soared more than expected in June, including a strong recovery in goods sent to the United States. Meanwhile, industrial output came in above expectations. However, Tuesday's reports showed efforts to boost consumer activity continue to fall flat, with retail sales expanding 4.8 percent last month, well below estimates in a Bloomberg study and highlighting the work leaders face in kickstarting the economy. China's recovery has been hamstrung by a bruising trade war with the United States, driven by Trump's sweeping tariffs, though the two de-escalated their spat with a framework for a deal at talks in London last month. But observers warn of lingering uncertainty. "The national economy withstood pressure and made steady improvement despite challenges," National Bureau of Statistics (NBS) deputy director Sheng Laiyun told a news conference. "Production and demand grew steadily, employment was generally stable, household income continued to increase, new growth drivers witnessed robust development, and high-quality development made new strides," he said. And the US president upped the ante Monday, warning Russia's trading partners -- which include China -- that he will impose tariffs reaching 100 percent if Moscow fails to end its war on Ukraine within 50 days. After a strong start to the day, Hong Kong pared an early rally while Shanghai dipped into negative territory. Elsewhere, Tokyo, Sydney, Singapore, Wellington, Taipei and Jakarta rose, with Seoul and Manila in the red. Trump also Monday said he will impose antidumping duties on most imports of fresh tomatoes from Mexico, with the US Commerce Department accusing its neighbour of engaging in unfair trade. That came after he said he would hit the country and the European Union with 30 percent levies, having announced a slew of measures against key partners last week if deals are not struck by August 1. However, analysts said investors viewed the warnings as negotiating ploys rather than a genuine move, citing previous threats that were later rowed back. The mixed performance in Asian markets followed a healthy day on Wall Street, where the Nasdaq hit another record high. Bitcoin edged down after hitting a record high above $123,200 on Monday thanks to optimism over possible regulatory changes for crypto assets in the United States. - Key figures at around 0230 GMT - Tokyo - Nikkei 225: UP 0.1 percent at 39,507.28 (break) Hong Kong - Hang Seng Index: UP 0.5 percent at 24,315.92 Shanghai - Composite: DOWN 0.4 percent at 3,503.99 Euro/dollar: UP at $1.1674 from $1.1670 Pound/dollar: UP at $1.3434 from $1.3428 Dollar/yen: DOWN at 147.63 yen from 147.77 yen Euro/pound: UP at 86.90 pence from 86.88 pence West Texas Intermediate: DOWN 0.4 percent at $66.70 per barrel Brent North Sea Crude: DOWN 0.3 percent at $68.98 per barrel New York - Dow: UP 0.2 percent at 44,459.65 (close) London - FTSE 100: UP 0.6 percent at 8,998.06 (close) dan/mtp Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
