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The Kina and Toea Exhibition was launched on 29 August and continued from 30 August to 6 September 2024 on the National Museum & Art Gallery in Port Moresby. The exhibition supplied a possibility to explore the fascinating historical past of PNG forex and its distinctive place within the nation’s development. Displaying cultural richness and variety, attendees have been reminded of the significance of currency as a reflection of PNG id, values, and traditions. The Assistant Governor of Corporate Affairs, Mr Ron Sikar, gave the opening speech and formally declared the exhibition open on behalf of the Governor of BPNG, Elizabeth Genia, in her absence. “It is an honour to face earlier than you at present as we open the Kina and Toea Exhibition, a showcase of our nation’s wealthy and evolving economic historical past as a part of the Bank’s 50th anniversary celebrations,” Governor Genia mentioned. She highlighted that the occasion is particularly vital because it precedes the fiftieth anniversary of both the country’s forex and the nation itself.

Asia stocks sank early on Wednesday, catching up with the sell-off on Wall Street after Iran’s ballistic missile strike on Israel provoked fears of a wider regional conflict, whereas crude oil pushed larger on the danger of supply disruptions. The ASX200 fell 0.7 per cent on Friday after Joe Biden made a casual remark suggesting Israel might assault Iran’s oilfields. The Dow has posted a record closing high and the Nasdaq ended with a more than a per cent gain as a stronger-than-expected jobs report reassured traders who had apprehensive the economic system could also be getting too weak. The ASX200 dropped 0.four per cent, with iron ore giants losing ground after Beijing finally detailed plans to revive China’s ailing economy.

Food and grocery delivery major Swiggy has received capital markets regulator Sebi’s clearance to launch its much anticipated Initial Public Offering , sources stated on Wednesday. Global funding agency Fidelity has cut back the worth of its holding in Elon Musk-run X by an enormous 78.7 per cent, which implies that the X social media platform is likely valued at simply $9.four billion. The Reserve Bank of India’s Monetary Policy Committee wrapped up its three-day deliberations today, deciding to take care of the repo fee at 6.5 per cent for the fourth consecutive time this fiscal yr and the tenth time total. One in eight girls will be identified with invasive breast cancer of their lifetimes, based on the American Cancer Society.

Amid rising inflation, escalating dwelling prices, and heightened danger components, 14 publicly-listed insurance corporations paid N101.three billion claims within the… The 2024 Forbes four hundred listing highlights the ten youngest billionaires, representing industries similar to tech, enterprise capital, and actual property…. Interswitch has partnered with Thales, a world leader in digital and knowledge safety options, to launch CipherTrust Data Security Solution,…

As the climate cools down across Canada, so too is the cottage market, with real estate experts saying nows the time to buy that cottage you’ve got had your eyes on. While the RRSP as a retirement car has apparent benefits Business News, they also come with pitfalls that may affect your long-term monetary health. Personal finance contributor Christopher Liew explains how RRSPs work and descriptions a few of their drawbacks.

In the Nineteen Twenties, Los Angeles officers constructed miles of sandy beaches to draw tourists to their metropolis. A century later, ecologists try to bring wildlife again to those barren seashores. Conservative Leader Pierre Poilievre is not allowed to speak within the House of Commons at present as his public feud with Foreign Affairs Minister Mélanie Joly spilled into a second day. A former New York City official was charged Tuesday with witness tampering and destroying proof in a federal investigation that led to Mayor Eric Adams’ bribery indictment.