Latest news with #Belgium
Yahoo
2 hours ago
- Business
- Yahoo
GA (Int'l) Capital Management Announces Launch of Communication Hubs
HONG KONG, May 31, 2025 (GLOBE NEWSWIRE) -- GA (Int'l) Capital Management, a leader in tailored wealth management and investment services for high-net-worth individuals, is proud to announce the opening of satellite communication hubs in Germany, Belgium, the UK, and the USA. These hubs are designed to enhance the ability of GA Capital's brokers and analysts to connect with clients globally, offering seamless communication and support, wherever they of traditional walk-in offices, these hubs will function as centres for collaboration, enabling GA Capital's team to operate more effectively while travelling and working internationally. Equipped with state-of-the-art infrastructure, the hubs allow real-time connections for discussions on market developments, investment strategies, and personalized client support. This expansion underscores GA Capital's commitment to improving connectivity and accessibility for clients and experts across the globe. Global Reach, Personalised Connections "As we continue to grow, our goal is to maintain personal connections at the heart of our business," said Ho Ting Fung, CEO of GA Capital. "The new communication hubs will empower our brokers and analysts to collaborate with clients, no matter where they are. By offering our team the flexibility to work and communicate on their terms, we ensure that clients receive consistent, high-level service and insights." Enabling Enhanced Communication and Service The hubs will support a range of services, including: Discretionary Portfolio Management: Bespoke investment strategies tailored to each client's financial goals. Retirement and Succession Planning: Ensuring clients' future security and legacy. Expatriate Services: Specialised financial services for expatriates, particularly Australian and British citizens, protecting their global interests. These hubs streamline communication, enabling GA Capital's experts to provide creative financial solutions and strategies to clients worldwide, maintaining a highly personalised approach to service delivery. About GA (Int'l) Capital Management LimitedGA (Int'l) Capital Management Limited is a global leader in financial services, offering comprehensive solutions to clients worldwide. Focused on innovation, security, and customer service, the company is dedicated to providing reliable and cutting-edge financial strategies to meet the needs of an ever-changing market. For inquiries, please contact:Wong On Ying, COOGA (Int'l) Capital Management LimitedEmail: +852 3002 3446Website: : This press release is for informational purposes only and does not constitute financial advice. GA (Int'l) Capital Management does not guarantee investment outcomes or returns. Clients should seek professional advice tailored to their needs before making financial decisions. This content is provided by GA (Int'l) Capital Management Limited. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
4 hours ago
- Business
- Forbes
Key Dates To Watch In EU Debate On Sustainability Reporting
European Union flags in front of the blurred European Parliament in Brussels, Belgium The requirements for sustainability reporting in the European Union are on the verge of being reduced as legislators consider sweeping changes to the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive. The Commission proposed reforms in the Omnibus Simplification Package. Now, those proposals are being debated in the Parliament and Council in anticipation of final approval by the end of 2025. However, with so many moving parts, it is difficult to keep track of when important votes may happen. Reforms to the CSDDD, also known as the CS3D, and the CSRD were proposed by the Commission in February, then sent to the Council and the Parliament for approval. The Council's deliberations are mostly behind closed doors. In the Parliament, the debate is public and working through multiple committees, giving interest parties and MEPs the opportunity to voice their opinions. The Parliament's Committee on Legal Affairs, known as JURI, is the primary committee that will produce the legislation that will be sent to the full Parliament for a vote. However, related committees will draft opinions to be considered during the process. Both the Committee on Economic and Monetary Affairs, known as ECON, and the Committee on the Environment, Climate and Food Safety, known as ENVI, posted amendments proposed by their respective members. ECON received 514 proposed amendments while ENVI received 473. Other committees that will be drafting opinions are Foreign Affairs, known as AFET, International Trade, known as INTA, and Employment and Social Affairs, known as EMPL. While AFET and INTA have not released any documents, EMPL has posted their draft opinion with 49 proposed amendments. Below are important dates to watch in the legislative process. The most important committee to follow will be JURI. June 3 - 5: Committee meetings for JURI, ECON, ENVI, EMPL, and AFET. For now, the Omnibus is not on the agenda for JURI. However, June 4 is the anticipated date for JURI to release the amendments proposed by committee members. EMPL will meet and vote on their draft opinion on June 4. EMPL members have until June 3 to offer amendments. ECON will meet and vote on their proposed amendments on June 4. With 514 proposed amendments, it is unclear how the committee will approach the opinion. The agendas for AFET, ECON, and ENVI do not include the omnibus. June 23 - 26: Committee meetings for JURI, ECON, ENVI, EMPL, AFET, INTA. June 27: Deadline for political groups to offer amendments. Following the deadline for amendments, the Parliament will enter into intergroup negotiations. These are 'informal exchanges' organized by the chairs of the political groups to allow MEPs to discuss proposals. July 14 - 15, September 1, and September 22 - 23: JURI Committee meetings. October 13: This is final regular JURI Committee meeting and the anticipated date that the Parliament will make their final vote on the Omnibus. October - December: Trilogue. Following the vote of the Parliament, designated representatives from the Parliament, Council, and Commission will enter into "trilogue" negotiations. The proposals from each of the three bodies will vary. The trilogue will negotiate the differences to produce a final directive. That directive will be sent to the Council and Parliament for a final vote. October 31: EFRAG will submit revised European Sustainability Reporting Standards to the Commission. These standards will be adopted by the Commission after the final passage of the omnibus. December: Final vote in Council and Parliament. The Commission is pushing hard for the Omnibus Simplification Package to be adopted by the end of 2025. However, there is a possibility it spills over into early 2026.
The Guardian
5 hours ago
- Business
- The Guardian
Ukraine must urgently be given the €300bn of frozen Russian assets
Ukraine needs more than long-range missiles and fibre-optic drones in its fight with Russia. What it needs is more money, and lots of it. In particular, the war-torn nation should be handed the €300bn (£250bn) of frozen Russian assets stored mostly in accounts hosted by the Euroclear trading system. The Belgian government could confiscate the funds with the support of the EU Commission, or set up a way to use the Russian funds as collateral for a gigantic loan to Ukraine. Either way, Moscow has forfeited its right to the money, which is mostly central bank funds that were left behind after Putin gave the order to invade. As a statement of intent, confiscating the funds would be shock to Putin, hurt his pride and undermine support at home for the war. It would give Ukraine a much needed psychological boost after months of backpedalling through the Donbas while Russian forces exploit the dithering and equivocation in Washington. Donald Trump, who views Europe as weak and indecisive, would be left reeling by such a forceful act, which many have demanded since the start of the war and has gained traction in recent weeks as the bombardment of Ukraine has intensified. A short walk from the EU commission buildings, Euroclear's HQ is one of the largest hosts to international financial transactions in the world. Understandably, it is keen to hang on to its reputation as a cast-iron guarantor of secure trading to the world's biggest investors. In this role, the company has warned that a confiscation of the €183bn lodged in its systems would undermine Europe's role as a safe haven in the eyes of investors from South America to the Indian subcontinent. It has the backing of the French and Belgian governments, which are shareholders in the organisation. Recently another reason for keeping the money frozen and unused has come to the fore. Trump's tariff war and tax-giveaway budget has undermined the US as the home of free-market capitalism, offering the EU a chance to grab a bigger slice of the financial trading action. One analyst said: 'Europe needs to move quickly to take advantage of growing disillusionment in the US economy'. Yannis Stournaras, governor of the Bank of Greece, was another to argue that the prize would be toppling the dollar as the premier reserve currency and inserting the euro in its place. A decade ago, many considered the euro a currency with only a limited lifespan before a north/south split – pitching profligate Greece, Italy and Spain against austere Germany, the Netherlands and Austria – tore the single currency apart. Today the euro is seen as a stable currency while the dollar comes under daily attack. Now is the time to show Europe is the safest of havens in contrast to Trump's America. There are mutterings in Brussels that to grab this opportunity also means rejecting attempts to confiscate Russia's frozen billions. How would it look, they ask, if the EU invited more investment in the bloc via jointly issued 'stability' bonds, when in the same breath it announced the confiscation of investor funds. Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning after newsletter promotion This is a fallacy that needs to be squashed quickly. It's true that a few autocratic despots around the world might withdraw their funds from European trading centres if Russia's money is taken away, fearing the same would happen to them, but EU banks should not be looking after their money anyway. And the Russia situation is extreme and cannot be thought of as the thin end of any wedge, or a slippery slope. Belgium and the EU have budged a little. The interest generated by Russia's frozen assets is given to Ukraine, and Belgium hands its shareholder dividend payments to the Volodymyr Zelenskyy war effort. And earlier this month Euroclear said it plans to seize and redistribute about €3bn of Russia's funds after Moscow last year grabbed investor cash of the same value. However, the motive was just to compensate investors who were foolish enough to leave their financial assets inside a country that has been explicitly threatening war since the 2014 invasion of Crimea. Such manoeuvring only emphasises how Ukraine needs all the money now, as a show of force and as an expression of unity as much for what it could buy. It matters because, as military chiefs discussed last week in a conference held by the UK's Royal United Services Institute, Putin has the capacity to invade other parts of Europe within months of success in Ukraine. And Nato is under-prepared. There is broader agreement across Europe as each week passes that Putin needs to be stopped. Military spending is the focus, and governments are promising to ramp up their commitments. Not by €300bn though, which is why the funds in Euroclear and other EU-based financial custodians must be seized. Even Rishi Sunak, writing in the Economist earlier this year, says he agrees that Russia has kissed goodbye to any rights over the funds. We just need chancellor Merz, president Macron and Keir Starmer to say the same.
Yahoo
7 hours ago
- Business
- Yahoo
EU Commission 'strongly' regrets announced increase in US steel tariffs
BRUSSELS (Reuters) - The European Commission said on Saturday that it "strongly" regrets an announced increase in U.S. tariffs on steel imports. U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25%, putting more pressure on global steel producers and deepening his trade war. "We strongly regret the announced increase of U.S. tariffs on steel imports from 25% to 50%," a European Commission spokesperson said in an emailed statement. "This decision adds further uncertainty to the global economy and increases costs for consumers and businesses on both sides of the Atlantic," the spokesperson said, adding that "the tariff increase also undermines ongoing efforts to reach a negotiated solution".
France 24
a day ago
- Sport
- France 24
Germany qualify, England hit six in Women's Nations League
Euro 2022 champions England shrugged off the shock international retirement of Paris Saint-Germain goalkeeper Mary Earps this week to sweep aside Portugal 6-0 and set up a tantalising decider for Sarina Wiegman's side in the final group game against world champions Spain in Barcelona on Tuesday. Spain eased past Belgium 5-1 and top their group by two points from England with only the winner of the four top-tier mini-leagues advancing to the semi-finals in October. Germany booked their ticket to the two-legged semis with a 4-0 rout of the Netherlands. That left them three points clear of the Dutch. In the event of the two sides ending up level after Tuesday's closing games the Germans will go through on the basis of their head-to-head results - they drew when they met in the opening game in February. At Wembley the star of the show was Aggie Beever-Jones, who will forever remember her first ever start at the iconic stadium. The Chelsea forward scored in the third minute, again in the 26th with a header from Lucy Bronze's cross, and then completed her treble in the 33rd minute. "I'm absolutely shattered," the 21-year-old Beever-Jones told ITV. "Coming into this today after a busy season and I got told I was starting and I wanted to help the team as much as I can. I'm absolutely delighted right now," she added. Joining her on the scoresheet were her club teammate Bronze, whose father is Portuguese, the Euro 2022 Golden Boot winner Beth Mead, and Chloe Kelly. France, who secured their path to the semi-finals on the last matchday, maintained their perfect record beating Switzerland, hosts of July's Euro 2025, 4-0 in Nancy. Les Bleues were runners-up to Spain in last year's final. At Euro 2025 their group stage opponents include defending champions England and 2017 winners Netherlands. Group A4 meanwhile is finely poised, with Sweden and Denmark, who meet on the final matchday, level on nine points, two clear of out of contention Italy. As well as defining the make-up of the Nations League semi-finals the group standings also determine the teams contesting promotion and relegation matches to establish their starting league position in the European qualifiers for the 2027 Women's World Cup.
