Latest news with #IOU


France 24
02-05-2025
- Business
- France 24
Trump's 100 days, Carney's Canadian Comeback, Ukraine's Minerals Deal
We'll assess the 100 days and Trump's so-called 'muzzle velocity strategy', flooding the media space with continuous announcements. It perhaps comes as no surprise that he's given himself full marks… It's been a week that's seen the political comeback of the year so far, thanks partly to the threats and trolling from President Trump .. Canada's liberal party came out on top despite being discarded by analysts as down and out at the start of the year. Tariffs and Trade wars triggered by their neighbour, and Trump's threats to annex them seem to have helped galvanise a patriotic push back. Mark Carney's task was to distance himself from predecessor Justin Trudeau, while Conservative opposition leader Pierre Polivere had to distance himself from claims of being a mini Trump. Voters opted for Liberal ex-banker Carney… who expressed his happiness at party headquarters, through the form of dance… And it's been a rare week of good news in Ukraine, or that's how it's being presented by negotiators in Kyiv and Washington. A critical minerals deal has been concluded with the US, one that was first proposed by the Ukrainians to President Biden last autumn. It morphed under Trump into an IOU agreement, critical minerals for repayment of past US aid. After the Oval Oval spat, and Ukrainian hopes of a security guarantee out of the question, terms were dropped, and better concessions agreed, that Kyiv sees as a good deal, given the circumstances. We'll assess what it means for the conflict…
Yahoo
17-03-2025
- Entertainment
- Yahoo
Filmart: Aaron Kwok to Star in Comedy-Drama ‘IOU'
Hong Kong leading man Aaron Kwok will next star in IOU, a heartwarming drama directed by Steven Zhang Zhonghua. The film reunites Kwok with Hong Kong producer Julia Chu, with whom he teamed up for Port of Call (2015) and Where the Wind Blows (2022). Distribution Workshop is shopping the film to international buyers this week at Hong Kong's Filmart content market. Set against the background of recent, real-life fundraising scams in China, IOU is a comedy-drama 'that satirizes the selfishness of an interest-driven society,' according to the producers. More from The Hollywood Reporter China's $2B Blockbuster 'Ne Zha 2': One-off Hit or Beginning of a Box Office Recovery? Filmart: HKIFF Industry Looks to Expand on China's Animation Boom Asian Film Awards: 'All We Imagine as Light' Wins Best Picture, Yoshida Daihachi Takes Best Director for 'Teki Cometh' Kwok plays a desperate man struggling between survival and kindness. Trying to repay his own debts by all means necessary, Kwok's character, a man named Wu, blocks two siblings inside their rural Shaanxi home, hoping to force their father to pay back the money Wu loaned him. Despite causing him endless headaches, the siblings' simple-mindedness and compassion transform Wu, leading him to make an unexpected choice on Chinese New Year's Eve. First discussed in 2020, the project was selected as a Top-30 finalist at the 33rd Golden Rooster Film Project Market and participated in the 20th Hong Kong International Film Festival's industry program. Filming began earlier in March with a production budget around $3 million. Zhang is best known for Hearty Tomato (2012), selected for the 28th Warsaw International Film Festival, The Home in the Tree (2019), nominated for best Children's Film of 32nd Golden Rooster Award, and Home by the River (2025), which recently competed at Poland's Kinolub Film Festival. Other titles on Distribution Workshop's sales slate at Filmart this year include Juno Mak's long-gestating Sons of the Neon Night; Operation Hadal, from action hitmaker Dante Lam; Little Red Sweet, directed by Vincent Chow; and Penguin Girl, helmed by Taiwanese first-timer Yuyu Yang. Filmart runs March 17-20 at the Hong Kong Convention and Exhibition Centre. Best of The Hollywood Reporter The 10 Best Baseball Movies of All Time, Ranked 20 Times the Oscars Got It Wrong The Best Anti-Fascist Films of All Time
Yahoo
17-03-2025
- Entertainment
- Yahoo
Aaron Kwok Drama ‘IOU' Unveiled by Distribution Workshop at Hong Kong FilMart
Distribution Workshop has revealed its latest feature film 'IOU' for international sales at Hong Kong FilMart, starring award-winning actor Aaron Kwok in the lead role. Directed by Steven Zhang Zhonghua, an emerging filmmaker from China's post-80s generation, 'IOU' tells the story of a desperate man (Kwok) who blockades the rural lodging of siblings in China's Shaanxi province, attempting to force their father to repay a loan. The siblings' simple-mindedness and compassion eventually transform Kwok's character, leading to an unexpected decision when he returns to their shabby lodging on Lunar New Year's Eve after fleeing other creditors. The comedy-drama, set against the backdrop of recent illegal fundraising scams, satirizes what the producers describe as 'the selfishness of an interest-driven society.' More from Variety 'Game of Thrones' Star Iain Glen Joins TBA Studios' Philippines Historical Biopic 'Quezon' (EXCLUSIVE) Venice Winner Aditya Vikram Sengupta Produces Hong Kong's HAF-Selected Indian Satirical Comedy-Drama 'Republic of Mahalaxmi Apartment' 'Squid Game' Star's Cannes Closer 'Next Sohee' Nabbed for North American Release in Deal Unveiled at Hong Kong FilMart (EXCLUSIVE) The film represents a reunion between Kwok and accomplished Hong Kong producer Julia Chu, following their previous collaborations on 'Port of Call' (2015) and 'Where the Wind Blows' (2022). 'IOU' has already gained industry attention as a Top-30 finalist in the 33rd Golden Rooster Film Project Market and at the 20th HKIFF Industry event. Production began in early March with a budget of approximately $3 million. Director Zhang has built a reputation for his work with child actors, with previous credits including 'Hearty Tomato' (2012), which was selected for the 28th Warsaw International Film Festival; 'The Home in the Tree' (2019), nominated for Best Children's Film at the 32nd Golden Rooster Awards; and 'Home by the River' (2025), which competed at the Poland Kinolub Film Festival. Other titles in Distribution Workshop's current lineup include Juno Mak's 'Sons of the Neon Night,' Dante Lam's 'Operation Hadal,' Vincent Chow's 'Little Red Sweet,' and 'Penguin Girl' from Taiwanese first-time director Yuyu Yang. The company is also representing 'Dear Black Sheep,' a documentary following Taiwanese TV personality Bowie Tsang's experiences with cancer patients. Best of Variety New Movies Out Now in Theaters: What to See This Week Oscars 2026: First Blind Predictions Including Timothée Chalamet, Emma Stone, 'Wicked: For Good' and More What's Coming to Disney+ in March 2025
Yahoo
17-03-2025
- Entertainment
- Yahoo
Visit Films Unveils Multiple Deals at Hong Kong FilMart (EXCLUSIVE)
New York-based Visit Films has revealed multiple international deals for its diverse slate of independent films at Hong Kong FilMart, ranging from sci-fi thrillers to music documentaries. Kelly O'Sullivan and Alex Thompson's Sundance and Rome drama 'Ghostlight' has secured deals with Nikkatsu (Japan), New Cinema (Israel), Cinobo (Greece, Cyprus), Eye Film (Benelux), Fabula Films (Turkey) and Sister Distribution (Switzerland). IFC previously acquired U.S. rights to the drama, which follows a grieving construction worker who joins a local production of 'Romeo and Juliet.' More from Variety Studio 100 Rides Animation Wave as Hong Kong Market Takes Aim at Booming Toons Hong Kong's FilMart Gets Animated as More Toons Join Project Market Lineup Aaron Kwok Drama 'IOU' Unveiled by Distribution Workshop at Hong Kong FilMart Simon Jaquemet's sci-fi thriller 'Electric Child,' which played at the Locarno and Sitges festivals, has been acquired by New People Film for CIS territories. The film follows a father's extreme measures to help his newborn son by repurposing high-level AI technology from his workplace. Tribeca comedy 'Adult Best Friends' from filmmaker Delaney Buffett has landed a worldwide airlines deal with Anuvu. The film, which centers on a woman taking her co-dependent best friend on a weekend trip to break marriage news, was released in the U.S. by Gravitas Ventures. Sundance and Cannes drama 'Good One,' directed by India Donaldson, has secured distribution with Madfer Films (Spain) and Fabula Films (Turkey). The coming-of-age story about a 17-year-old navigating a backpacking trip with her father and his oldest friend was released in the U.S. by Metrograph Pictures. SXSW music documentary 'Mogwai: If the Stars Had a Sound,' from director Antony Crook, has been picked up by Shemaroo Contentino Media for worldwide airline distribution. The film chronicles the influential Scottish post-rock band's 25-year journey. Best of Variety New Movies Out Now in Theaters: What to See This Week Oscars 2026: First Blind Predictions Including Timothée Chalamet, Emma Stone, 'Wicked: For Good' and More What's Coming to Disney+ in March 2025


Express Tribune
19-02-2025
- Business
- Express Tribune
Pi Network price crashes 42% ahead of mainnet launch, investor skepticism grows
Listen to article The price of Pi Network (PI) IOU has taken a sharp downturn, dropping 42% in the past 24 hours, as growing doubts about its upcoming mainnet launch on February 20 weigh on investor sentiment. The steep decline reflects mounting skepticism surrounding the altcoin, particularly amid persistent rumors that Pi Network operates as a pyramid scheme. These concerns have made it increasingly difficult for the token to gain traction, with many investors remaining uncertain about its long-term viability. Bearish Sentiment Intensifies Technical indicators suggest that bearish momentum is accelerating for Pi Network (PI) IOU. The Relative Strength Index (RSI), which briefly entered overbought territory, has now seen a sharp reversal, indicating growing selling pressure. While the RSI remains above the neutral 50.0 level, the sudden downtick highlights the market's hesitation. Historically, when assets enter overbought zones and then drop, further declines often follow. Adding to concerns, the Chaikin Money Flow (CMF) indicator, which measures capital inflows and outflows, has been trending downward since the start of the month. Despite occasional recoveries, the CMF has failed to sustain positive momentum, signaling that outflows continue to dominate inflows. Such trends indicate a lack of investor confidence, reinforcing fears that the token may struggle to regain lost ground in the near term. Key support levels and price outlook PI IOU currently trades at $72, after failing to establish $130 as a support level, triggering a sharp selloff. With selling pressure mounting, analysts warn that the price could face further downward pressure if confidence in the project does not improve. The next critical support level sits at $63—a break below this threshold could push the price down to $47, further deepening investor losses. Conversely, if PI manages to hold above $63 and rebound, it could make another attempt to breach the $130 resistance level. A successful push beyond $130, flipping it into a support level, would invalidate the bearish outlook and set the stage for a potential recovery. However, given the current sentiment, such a reversal remains uncertain without a shift in investor confidence. As the mainnet launch approaches, market watchers will be looking for signs of stability and stronger buy-side support. Until then, volatility and downside risk remain high for Pi Network's price trajectory.