US extends deadline for Rusal sanctions, aluminum prices dive
The U.S. government on Monday gave American customers of Russia's biggest aluminum producer more time to comply with sanctions, sending aluminum prices into a tailspin but lifting shares of the company, United Company Rusal Plc .
Airdrops are totally all the rage. Blockchain companies have been resorting to token giveaways and marketing bounty programs as a way of circumventing the Securities and Exchange Commission’s (SEC) ban on initial coin offerings (ICOs) – but this is probably going to change very soon. In an announcement on its website, SEC revealed it has served a lifetime ban and a $30,000 fine to cryptocurrency startup Tomahawk for employing fraudulent marketing strategies to raise funds. As spotted by users on Twitter, the publicly available cease-and-desist order suggests that free tokens are securities. It reads, albeit in thick legalese: Tomahawk’s issuance of… This story continues at The Next Web
KUALA LUMPUR (Aug 16): Privatisation of the RM110 billion Kuala Lumpur-Singapore High Speed Rail (HSR) project is not among the options presented to the Singapore government, said Economic Affairs Minister Datuk Seri Azmin Ali.
"What I did was to explain the current economic situation and condition prevailing in Malaysia," Azmin said with regards to his meeting last week with Singapore's Transport Minister and Coordinating Minister for Infrastructure Khaw Boon Wan.