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Banque Cantonale Vaudoise decreased its position in shares of iShares MSCI China A ETF ( BATS:CNYA – Free Report ) by 30.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,515 shares of the company’s stock after selling 3,230 shares during the quarter. Banque Cantonale Vaudoise owned about 0.07% of iShares MSCI China A ETF worth $228,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors have also recently modified their holdings of CNYA. Bank of New York Mellon Corp bought a new stake in shares of iShares MSCI China A ETF during the second quarter valued at approximately $73,737,000. Lumbard & Kellner LLC bought a new stake in shares of iShares MSCI China A ETF during the first quarter valued at approximately $5,815,000. Matrix Trust Co bought a new stake in shares of iShares MSCI China A ETF during the second quarter valued at approximately $2,076,000. Hsbc Holdings PLC increased its holdings in shares of iShares MSCI China A ETF by 136.8% during the second quarter. Hsbc Holdings PLC now owns 124,496 shares of the company’s stock valued at $3,153,000 after acquiring an additional 71,921 shares in the last quarter. Finally, Prism Advisors Inc. increased its holdings in shares of iShares MSCI China A ETF by 8.9% during the third quarter. Prism Advisors Inc. now owns 393,897 shares of the company’s stock valued at $11,963,000 after acquiring an additional 32,310 shares in the last quarter. iShares MSCI China A ETF Trading Down 3.2 % Shares of iShares MSCI China A ETF stock opened at $28.46 on Friday. The stock has a fifty day simple moving average of $29.17 and a 200 day simple moving average of $26.87. iShares MSCI China A ETF has a 12-month low of $25.46 and a 12-month high of $35.58. The company has a market capitalization of $308.79 million, a P/E ratio of 12.12 and a beta of 0.44. iShares MSCI China A ETF Profile The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock. Recommended Stories Receive News & Ratings for iShares MSCI China A ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI China A ETF and related companies with MarketBeat.com's FREE daily email newsletter .None
PALM BEACH, Fla. — President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years. Trump announced the planned investments, which are expected to focus on artificial intelligence, at his Mar-a-Lago resort on Monday, with Son at his side, along with Howard Lutnick, head of investment bank Cantor Fitzgerald and Trump’s pick for commerce secretary. “He’s doing this because he feels very optimistic about our country,” Trump said. The president-elect said that since his election, people have expressed interest in “coming in with tremendous amounts of money.” The investments by SoftBank, Trump said, are “a monumental demonstration of confidence in America’s future.” Son said he wanted to “celebrate the great victory of President Trump” and that he will “bring the world into peace again.” “I am truly excited to make this happen,” he said. After the president-elect noted the $100 billion was double an investment pledge Son made in 2016 on the eve of Trump’s first administration, the technology mogul said he was doubling down. Trump, appearing to joke, asked him at the microphone if he would double the investment again: “Would you make it $200 billion?” Trump has in the past announced deals with companies overseas with much fanfare, though some companies in the end failed to deliver on those promised investments. Foxconn Technology Group, a Taiwanese company best known for producing Apple iPhones, won Trump’s praise after announcing plans in 2017 to build a $10 billion complex that would employ 13,000 people in a small town just south of Milwaukee. But Foxconn’s investment has been scaled back to a fraction of that after the COVID-19 pandemic. Monday’s announcement, however, is a win for Trump, who has used the weeks since the election to promote his policies, negotiate with foreign leaders and try to strike deals. He had already threatened steep tariffs for Mexico and Canada, which prompted a visit from Canada’s prime minister aIn a post on his Truth Social site last week, Trump said anyone making a $1 billion investment in the United States “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”nd a call with Mexico’s president. SoftBank was founded in 1981 by Son, a brash entrepreneur who studied at the University of California, Berkeley. SoftBank makes investments in a variety of companies that it groups together through its capital venture fund. The company’s investment portfolio includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia . Earlier this year, it joined a partnership with Saudi Arabia to build a robot factory in Riyadh. After Trump won the White House the first time in 2016, he met with Son before taking office. Son then announced plans to create 50,000 jobs and invest $50 billion in U.S. startups, which Trump celebrated on social media, saying it never would have happened if he hadn’t won the election. Not all investments have panned out. The most notorious was SoftBank’s massive stake in the office-sharing company WeWork which sought bankruptcy protection last year. It also invested in the failed robot pizza-making company Zume. Monday’s announcement comes days after Trump vowed to expedite federal permits for energy projects and other construction worth more than $1 billion.
Not fond of shutting down internet, national security is priority: Shaza FatimaUS to require passenger vehicles to sound alarms if rear passengers don't fasten their seat belts
On Monday, the world’s most famous cryptocurrency, Bitcoin , hit a new record high of $106,000 after it briefly tipped to $107,000. According to Coindesk at 18:00 WAT, the biggest coin traded at the price level of $106,918. Recall that about two weeks ago, Bitcoin soared past the $100,000 mark for the first time. BTC, then, zoomed to a $2 trillion market capitalization for the first time as it set a record for a massive market valuation price. The new achievement has been attributed to an effect following President-elect Donald Trump’s plans to create a U.S. bitcoin strategic reserve similar to its strategic oil which further raised the enthusiasm of crypto bulls. Currently, Bitcoin is up 192 per cent for the year. “ We’re in blue sky territory here. The next figure the market will be looking for is $110,000. The pullback that a lot of people were waiting for just didn’t happen, because now we’ve got this news,” said Tony Sycamore, an analyst at IG. For a month now since Donald Trump’s victory in the US election, Bitcoin and crypto have skyrocketed into the spotlight. Also, crypto investors positively anticipate the incoming Trump administration which promises to usher in a friendlier regulatory environment, boosting sentiment around the alternate currency. “ We’re gonna do something great with crypto because we don’t want China or anybody else – not just China but others are embracing it – and we want to be the head ,” Trump told CNBC, late last week. Donald Trump during his campaign tagged himself as the “crypto candidate”, who is set to embrace digital currencies on multiple fronts including accepting donations in various crypto assets, signalling his acceptance of the burgeoning sector. Even after his victory, he has been making decisions that favour the crypto world. The appointment of Elon Musk to D.O.G.E (Department of Government Efficiency), his social media and technology company’s ( TMTG ) pre-acquisition of Bakkt , a crypto trading platform, and the appointment of David Sacks as the white House AI and crypto czar. When asked if he plans to build a crypto reserve similar to oil reserves, Trump said: “ Yeah, I think so.” On a more global scale, governments around the world held 2.2 per cent of Bitcoin’s total supply as of July. According to data provider CoinGecko, the United States possesses nearly 200,000 bitcoins valued at more than $20 billion at the current price level. Countries like China, the UK, Bhutan, and El Salvador are the other countries with a significant amount of bitcoins. Other countries have also been considering strategic reserves in cryptocurrency. Earlier this month, Russian President Vladimir Putin accused Biden’s administration of undermining the role of the U.S. dollar as the reserve currency. He also undermined its use for political purposes. This has seen many countries turn to alternative assets for reserves, including cryptocurrencies. Bitcoin’s price has now risen about 50 per cent since election day in November and is up more than 100 per cent for the year overall. During his election rally, Donald Trump promised a more crypto-friendly tenure than current president Joe Biden. According to a report from Reuters, Trump’s pro-crypto stance has caused small businesses to shift some of their investments from cash to crypto. Another source reported that the crypto industry donated a total of $245 million during the election cycle. Last month, Trump selected Paul Atkins, a crypto proponent, as the chairman of the Securities and Exchange Commission (SEC). As the main market regulator, this raised hopes for a more favourable regulatory climate for the crypto industry thereby causing Bitcoin to set a new record mark. Under Biden, the SEC has taken legal action against crypto exchanges like Coinbase. The agency claimed that some crypto tokens sold through the platforms were unlicensed securities. In addition, Gary Gensler, the current SEC chair has launched a series of lawsuits against many of crypto’s biggest names including exchanges Coinbase, Kraken Crypto.com, Ripple, and Consensys. Under his leadership, 18 per cent of the SEC’s tips, complaints, and referrals were crypto-related, “despite the crypto markets comprising less than 1 per cent ” of US capital markets, the agency said in its statement announcing his departure in November. Trump, who has vowed to make the US “the bitcoin superpower of the world” , has nominated several crypto enthusiasts to top roles. This includes tipping Howard Lutnick to run the commerce department and Elon Musk to co-head a cost-saving effort dubbed the “Department of Government Efficiency” (DOGE). With the new record, it’s only a matter of time for Bitcoin to hit $120,000 within months. “ BTC remains small compared to other macro assets, and the growth of its market cap will attract large institutions that are now able to allocate a meaningful size”, says Min Jung of Presto Research investment analyst. The anticipated sell-off is expected to be short-lived, as long-term holders and new buyers step in to capitalize on the temporary dip. Also, Trump’s economic policies, particularly on promoting technology adoption in governance are likely to increase Bitcoin’s mainstream adoption and institutional inflows. Also Read: Bitcoin passes the $100,000 mark, experts expect a surge to $120,000 soon .How to gift smartphones and gadgets to your child this season
In his first post-election news conference, Trump boasts of his popularity
December 16, 2024 - Cyberlaw is everywhere so no lawyer can ignore it or pretend it doesn't apply to them. Let's embrace it and analyze how law intersects with technology. Cyberlaw is a term that means different things to different people, let's first break it down into its components. Cyberlaw = cyber + law This helps a little, now let's examine each word. Law is our system of rules for how to conduct ourselves: what to do and not, plus rules for how to resolve a dispute — when one party claims another did not conduct themselves properly. Law also includes rules for our system of government and democracy, since we are a nation of laws. Law has a long tradition and continuing evolution, and the cyber age is a relatively recent development. Cyber is a ubiquitous term that applies to anything relating to the digital world: to computers, networks, and digital data. We have added cyber to many other words to make cybercrime, cybersecurity, cyberattack, cyberconflict, cyberbullying, cyberspace and even naming certain vehicles with it. Perhaps "cyber" comes from the term "cybernetics" relating to feedback systems, but now it has its own meaning. Cyberspace is also a term in the eye of the beholder, subject to varied understandings. Before envisioning what that means, let's first think about our traditional spaces that existed before computers and the internet. The spaces we lived in before cyber arrived and started to consume everything. Imagine living life without a smartphone, tablet, or laptop computer you could carry with you. Now imagine not even having a personal computer on a desk in the home or office. Now return back to reality of the present and think about everything that is in our lives and the spaces we inhabit and interact with. We realize that digital devices, data, and connectivity are everywhere, and we are now thoroughly enmeshed with cyber. We live in a cyberspace and cannot escape it. Only from our illusory personal perspective can we escape the cyberworld for a short period of time. The world continues with its reliance upon cyber, whether we realize it or not, like it or not. Because the world continues this way, law does too. People's actions always involve cyber, and that means the disputes around those actions will also relate to cyber. We live in the cyberage so we need cyberlaw and to consider what that term means. There are different ways to think about it. Law is generally a process of adding and evolving with new case decisions and new statutes and regulations. Occasionally a new statute reverses the old, or a new court decision reverses old precedent, but mostly we continue forward one event at a time. Humans gradually adopted and adapted to new technologies, and so does the law with each new fact pattern, decision, and statute. All things cyber gradually become a part of law. Under this analogy, cyberlaw gets built upon the existing "traditional" law, brick by brick, floor by floor, as depicted in this diagram. For example, traditional criminal law was added onto as thieves realized they could steal using computers and the internet. Existing laws were applied to this conduct and then new cybercrime specific statutes were enacted. Negligence law now addresses cyberspace, information systems, software, and many other technology related situations. Every attorney should be familiar with one particular set of circumstances relating to negligence, malpractice, and cybercrime because they should prevent the event in the first place. Attorneys with negligent cybersecurity and cybercrime prevention measures who allow a cybercriminal to steal funds from a client (such as through business email compromise – also known as email-based funds transfer frauds) could face a civil liability claim. Copyright law adapted as infringers switched from VHS tape duplication to digital copying, trademark law adapted to domain name squatting. Data laws were created for breach notification, cybersecurity, and privacy. Privacy becomes a heightened concern as data about all of us is collected, shared, sold, and used to target us for marketing, persuasion, influence, and manipulation. Few existing laws could be applied to this, so new laws are being created and updated regularly. Under the above analogy, we envision a process whereby cyberworld events and cyberlaws get added to what already existed. This additive analogy is just one way to think about it. Alternatively, we can ignore the evolution and simply consider what our current reality and system of law looks like today, and how it involves cyber. Actions leading to disputes take place in the digital realm, and the evidence to prove or disprove a claim resides there as well. With that view, cyberlaw is simply a subset of all law, as depicted in this diagram. Under this analogy, it is still possible to find a legal dispute that does not involve cyber conduct or cyber laws. The concept allows room for differing perceptions and interpretations on how large the area of cyberlaw should be depicted relative to all law, including whether a digital location of evidence affects whether something falls within the ambit of "cyberlaw". That arson case, slip-and-fall, or traffic accident may seem traditional (and nowhere near cyber) but considerable evidence about those cases will be found within the digital realm. Whatever our analogy, they are merely a concept, and they can only go so far. We should budget our time wisely and not spend too much of it debating whether something is "cyberlaw" related or not. The main takeaway is that cyber is everywhere in life and law. You could write a book on the topic of cyberlaw — and I did. Lawyers already know traditional law, so we simply need to assess how technology has changed the events of our lives and litigation. Cybercrime is worthy of special attention; theft in a new age, freed of geographic constraints. Traditional areas of law deserve consideration to see how intentional torts, negligent torts, contract, and intellectual property apply in cyberspace. Extra review is needed for a new category of law — data law — which covers data breach notification, cybersecurity, privacy, and artificial intelligence implications too. Then it is time to assess cyberconflict and how countries use cyberspace to advance their own position and undermine others in the global arena. Finally comes the complex legal and societal issues with speech, expression, thought, and influence in our new cyberworld. The First Amendment allows for a wide degree of expression, and a lone powerless individual can now speak to the world through cyberspace. Realistically, few will hear that. The greater concern is that cyberspeech can be dominated by well-resourced individuals, groups, and countries who now can influence opinion and action on a national and global scale. Cyberlaw is law for our world today and all the cyberspaces we inhabit. Cyber affects us, persuades us, influences us, and perhaps even manipulates or dominates us. It's worth thinking about. John Bandler is a regular contributing columnist on cybercrime and cybersecurity for Reuters Legal News and Westlaw Today. Sign up here. John Bandler is a lawyer, consultant, author, and adjunct professor at Elisabeth Haub School of Law at Pace University. He helps protect organizations from cybercrime, improve cybersecurity, and better manage information assets. His latest book is "Policies and Procedures for Your Organization" (2024). His firm, based in New York, is Bandler Law Firm PLLC, and he can be reached at JohnBandler@JohnBandler.com.Alaska Airlines selected to connect San Diego and Ronald Reagan Washington National Airport with nonstop service
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