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Thursday, October 21, 2021
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Conceal Network Announces Its Breakthrough Advancement — Conceal Hub

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Communication is a central point of life; secure communication is even better. As such, the evolving nature of the digital world is breeding the ground for more advancement. Decentralized blockchain DeFi and private messaging platform Conceal Network launches more sophisticated privacy-proof services for its users.

Conceal Network announces its integrated, cohesive, intuitive UI application that combines all endpoints of the Concealed Network ecosystem. Conceal Hub is a collection of various modules that work together to enable Conceal Network’s secure DeFi and communication tools. These include the Cloud Wallet, ID, Pay, Bridge, Deposits, Explorer, and Clive.

All together, Conceal Hub ensures privacy by

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BOJ says Japan's banking system stable, warns of risks

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TOKYO (Reuters) -Japan’s banking system remains broadly stable but financial institutions could face risks including from a possible increase in credit costs caused by a delay in the economic recovery, the Bank of Japan (BOJ) said in a report on Thursday.

Financial institutions also risk incurring losses on their securities investment portfolios in the event of a rapid market adjustment, the BOJ said, adding the central bank must remain vigilant.

“Credit risk of overseas loans is generally contained as overseas economies recover on the whole. Nevertheless, there are signs of deterioration in some portfolios that seem to be severely affected by the

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UK manufacturers plead for more government help to boost sector

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@media screen and (min-width: 1201px) { .mrxty6171248f56e24 { display: none; } } @media screen and (min-width: 993px) and (max-width: 1200px) { .mrxty6171248f56e24 { display: none; } } @media screen and (min-width: 769px) and (max-width: 992px) { .mrxty6171248f56e24 { display: block; } } @media screen and (min-width: 768px) and (max-width: 768px) { .mrxty6171248f56e24 { display: block; } } @media screen and (max-width: 767px) { .mrxty6171248f56e24 { display: block; } } Five of the UK’s leading manufacturing industries have issued a plea for more government financial support to boost capital investment in research and development as well as new factories

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BIS develops fund to channel c.bank reserves to Asia green bonds

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TOKYO — The Bank for International Settlements (BIS) said on Thursday it had developed an Asian Green Bond Fund to channel global central bank reserves to green projects in the Asia Pacific region. Read More

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Moscow Exchange expects four more IPOs by year-end

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MOSCOW — The Moscow Exchange expects four initial public offerings (IPOs) by the end of the year, Oleg Vyugin, chairman of the supervisory board of Russia’s largest bourse, said on Thursday. Read More

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S.Korea’s launch of space rocket boosts its homegrown contractors

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GOHEUNG/SEOUL — South Korea’s push for a domestically made space rocket promises wide ranging benefits for its military and government, with a fillip to national prestige, but is also good for business. Read More

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Marketmind: Back to the blues

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Markets are in a somber mood on Thursday.

There is little let up on the Chinese property sector front with investors wondering how much damage the Chinese economy might suffer from a potential default of embattled property giant China Evergrande Group – now possibly just days away.

Evergrande shares suffered a double-digit tumble after it scrapped a deal to sell a stake in its property group, though it also secured an extension on a defaulted bond, according to media reports.

Adding to the woes is resurgence of COVID-19 and ensuing curbs. Russia is suffering record deaths and has reported some COVID-19

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UK gets over 48 billion pounds demand for second green gilt

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LONDON — Britain received over 48 billion pounds ($66 billion) of demand within half an hour of opening order books for its second green government bond, a month after its first green gilt drew a record 100 billion pounds in demand from investors. Read More

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Stocks, FX dip; Turkish lira drops on central bank uncertainty

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Most emerging market stocks and currencies fell on Thursday as concerns over inflation dented sentiment, with Turkey’s lira leading losses amid uncertainty over a central bank meeting later in the day. Read More

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The Residence Afrika, new reality TV show announces $500,000 grand prize

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Nigerian company, Africa Network Entertainment Limited (ANEL) has announced plans for the premiere of its much-awaited reality TV Show; The Residence Afrika with a $500,000 grand prize. The first season of the show, which seeks to promote African culture tagged, The Quest Edition will debut in March 2022 and air on local platforms for viewers globally, with 24 contestants from Anglophone countries in Africa competing for the prize money.

Kelechi Freeman Ukadike, the chairman of ANEL and executive producer of The Residence Afrika, said viewers will be able to watch the Show on The Residence Afrika app which will be