World Trade Factory™
Sage Kakkat
articles published
Articles
UBS Expands Push to Leverage Client Cash in Middle East Banks automated-news
UBS Expands Push to Leverage Client Cash in Middle East Banks

UBS Group AG is expanding its push to offer clients leveraged deposits with Middle East lenders to take advantage of higher regional savings rates, people familiar with the matter said.

25 Aug 2026
Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand automated-news
Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand

Laopu Gold Co. reported a slower revenue and profit growth for the first half, missing analyst estimates as falling bullion prices dented Chinese consumers’ appetite for its jewelry.

25 Aug 2026
China’s IPO Rush Is Showing Strain With Pace Nearing 2023 Frenzy automated-news
China’s IPO Rush Is Showing Strain With Pace Nearing 2023 Frenzy

China’s high-powered market for initial public offerings is showing signs that its breakneck pace could be difficult to sustain.

25 Aug 2026
India to Transfer Missile Technology to Domestic Manufacturers automated-news
India to Transfer Missile Technology to Domestic Manufacturers

India on Tuesday approved the transfer of technology for all conventional missile systems developed by its state-run defense research agency to domestic manufacturers, allowing them to produce the weapons locally.

25 Aug 2026
US Unemployment Rate Would Be Less Representative With Private Data automated-news
US Unemployment Rate Would Be Less Representative With Private Data

The logic seems straightforward enough: To make its decisions, the Federal Reserve needs timely and reliable information. A lot of that is public, but increasingly, there is relevant data in private hands. Ergo, the Fed should use these new sources to help the bank be more forward-looking.

25 Aug 2026
Iran war makes multibillion-dollar Tanzania LNG more attractive, Equinor says - Reuters automated-news
Iran war makes multibillion-dollar Tanzania LNG more attractive, Equinor says - Reuters

Iran war makes multibillion-dollar Tanzania LNG more attractive, Equinor says Reuters

25 Aug 2026
Quantum Computing: The Race to 100 Error-Corrected Qubits Is Defining Progress automated-news
Quantum Computing: The Race to 100 Error-Corrected Qubits Is Defining Progress

When the Electronic Numerical Integrator and Computer, or Eniac, was first built by the University of Pennsylvania for the US Army in 1946, it weighed about 30 tons and had 18,000 vacuum tubes that filled an expansive room. The speed of that first programmable, general-purpose digital computer was a

25 Aug 2026
Business owner faces up to 280 years over $24M crypto Ponzi scheme automated-news
Business owner faces up to 280 years over $24M crypto Ponzi scheme

A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.

25 Aug 2026
3 helpers sacked, issued warnings over use of employer data to secure loans automated-news
3 helpers sacked, issued warnings over use of employer data to secure loans

Three domestic helpers in Hong Kong have been sacked and issued warning letters after providing their employers’ personal data without consent to secure loans, resulting in the households being harassed by debt collectors. Privacy Commissioner for Personal Data Ada Chung Lai-ling said on Tuesday tha

25 Aug 2026
Israel’s strikes push Syria towards Mecca defence pact membership automated-news
Israel’s strikes push Syria towards Mecca defence pact membership

Israel’s escalating campaign to stop Syria rebuilding its military with Turkish help looks set to backfire, after Damascus signalled it was considering joining the new mutual-defence pact formed by Turkey, Saudi Arabia and Pakistan. Securing a Washington-mediated security deal with Israel was still

25 Aug 2026
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