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A MONEY manager to some of Hong Kong’s richest individuals will start investing in crypto, as more favourable regulations attract a wider array of investors to the digital-asset sector. VMS Group, a multifamily office with just under US$4 billion in assets under management, plans to allocate up to US$10 million to strategies run by decentralised-finance hedge fund Re7 Capital, said VMS managing partner Elton Cheung in an interview. He added that the size of the allocation hasn’t been finalised. The decision is part of recent moves by VMS to diversify into more liquid investments, Cheung said. The firm has largely focused on…

Homeland Security Secretary Kristi Noem said Monday the federal government will fund an effort by Florida to set up immigration detention centers, which include a proposed site in the Everglades that state officials have dubbed “Alligator Alcatraz.”Noem said the detention facilities in Florida will be funded “in large part” by the Federal Emergency Management Agency’s shelter and services program, an initiative created by Congress to support groups and cities receiving migrants and asylum-seekers released from federal custody along the U.S.-Mexico border.Primarily charged with overseeing disaster relief efforts, FEMA is an agency within the Department of Homeland Security that has faced…

The nation’s major health insurers are promising to scale back and improve a widely despised practice that leads to care delays and complications. UnitedHealthcare, CVS Health’s Aetna and dozens of other insurers said Monday that they plan to reduce the scope of health care claims subject to prior authorization, standardize the process and expand the number of responses done in real time.Prior authorization means insurers require approval before they’ll cover medical care, a prescription or a service like an imaging exam. Insurers say they do this to guard against care overuse and to make sure patients get the right treatment.But…

Video Details The Oklahoma City Thunder are the 2024/25 NBA Champions following a 103-91 victory over the Indiana Pacers. Tyrese Haliburton suffered a game-ending injury in the 1st quarter. Joy Taylor, Paul Pierce, and Keyshawn Johnson discuss whether or not the Thunder will be a dynasty. 10 MINS AGO・speak・2:23

LONDON :Amazon has deepened its commitment to Britain, with the e-commerce giant saying it plans to invest 40 billion pounds ($54 billion) over the next three years, a move the UK government hailed as a vote of confidence in its economic policies.Elected in 2024, the Labour government has made boosting Britain’s anaemic growth a priority and wants to see a step up in foreign investment.Amazon said on Tuesday its expansion in Britain, its third biggest market after the United States and Germany, would create thousands of jobs. It currently employs 75,000 in the UK, making it a top ten private…

Real-life coaches aren’t the only thing that will be debuting in EA Sports’ “College Football 26.” The Pop-Tarts Bowl mascot will also make its video game debut in “College Football 26,” EA Sports announced Monday.The inclusion of the Pop-Tarts Bowl mascot in “College Football 26” was part of an announcement that the video game will have more unique game atmospheres, band covers and drumlines, new mascots, new touchdown celebrations and custom chants and celebrations. The Pop-Tarts Bowl mascot was the only bowl game mascot included in Monday’s announcement, while Iowa, Iowa State and Texas Tech’s mascots were among the 35…

Superstars Aaron Judge and Shohei Ohtani are the projected leaders for the MVP award in their respective leagues, and their greatness is well-reflected by MLB fans. In the second phase of fan voting for the All-Star game, which was released on Monday, Judge and Ohtani were the clear leaders. Judge has surpassed 2.6 million votes, while Ohtani is right behind him at 2.5 million. With three days to go before the fan voting deadline of June 26, Judge and Ohtani have all but secured spots as MLB All-Star Game starters, as the top vote-getters in each league earn an automatic nod. Judge…

Washington — Top Democrats in Congress say they’re still in the dark about President Trump’s decision to bomb three nuclear sites in Iran Saturday, even as Iran launched retaliatory strikes Monday. House Minority Leader Hakeem Jeffries, a New York Democrat, said Monday afternoon that he still hasn’t been briefed by the White House. Jeffries received a brief call shortly before Mr. Trump announced the strikes to the public on Saturday, according to a source familiar with the call. Jeffries told reporters the notification was a “courtesy call with no explanation as to the rationale” for the U.S. military involvement in Iran and…

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U.S. President Donald Trump said on Monday that a “complete and total” ceasefire between Israel and Iran will go into force with a view to ending the conflict between the two nations.”On the assumption that everything works as it should, which it will, I would like to congratulate both Countries, Israel and Iran, on having the Stamina, Courage, and Intelligence to end, what should be called, ‘THE 12 DAY WAR’,” Trump wrote on his Truth Social site.U.S. crude futures fell after Trump’s announcement, which came after the close of trading on Wall Street. S&P 500 e-mini futures rose slightly when…