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Hong Kong Digital Asset Exchange launches NFT trading facility 2 hours ago
Source: Hong Kong Digital Asset Exchange The Hong Kong Digital Asset Exchange (HKD.com), the first combined online and physical exchange in Hong Kong, has announced its plans for Hong Kong s first one-stop trading platform for NFT (Non-Fungible Token) digital artwork. Scheduled to open in the third quarter of this year, it will be the first digital asset exchange in Hong Kong built on blockchain technology offering an NFT trading platform.
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This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Online Payment Platform taps Banking Circle for multicurrency accounts 3 hours ago
Source: Banking Circle Online Payment Platform, the Netherlands payment service provider, has selected payments expert and licensed bank, Banking Circle, to enhance its marketplace offering. Online Payment Platform is focused on providing a cost-effective and fast payment solution for over 170 marketplaces such as Nature.house and Marktplaats.nl from the Netherlands and eBay-Kleinanzeigen in Germany. Also they are currently expanding into the UK and France. One of the big challenges sellers using these marketplaces face is the speed of accounts settlement, with delays impacting on cashflow.
Retail inflation rises to 5.52% as food prices soar
Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February, government data showed
BusinessToday.In | April 12, 2021 | Updated 18:25 IST
Retail inflation rises again
Retail inflation, calculated on the basis of Consumer Price Index (CPI), increased to 5.52 per cent in March, up from 5.03 per cent recorded in February, showed government data released on Monday. Inflation in food basket, or Consumer Food Price Index (CFPI), rose to 4.94 per cent in March from 3.87 per cent in February.
Vegetable prices declined 4.83 per cent, while cereal and products and sugar and confectionery segments saw prices fall 0.69 and 0.53 per cent, respectively. This, however, was not enough to moderate the price rise in overall food basket.
The stock of B&M European Value Retail SA (OTCPK:BMRRY, 30-year Financials) appears to be modestly undervalued, according to GuruFocus Value calculation.