JPMorgan
XRP slips below $1.42 after tokenized treasury settlement
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XRP retreated from recent gains as it consolidated near $1.41 following a cross-border tokenized U.S. Treasuries transaction on the XRP Ledger. The move occurred even as Ripple advanced institutional use cases with major partners.
JPMorgan has downgraded Indian equities to neutral from overweight. The bank warned that the Nifty index could fall to 20,500 in a bear-case scenario, implying a 15% downside from current levels. Near-term risks include elevated valuations and uncertainties from the Iran war and energy disruptions.
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The US investment bank JPMorgan has signed to lease 250,000 sq ft in Artist Square Towers, which will house its Kowloon operations from late 2028. Targeted for completion in 2027, the development comprises three harbourfront blocks offering about 672,000 sq ft of premium office space and 27,000 sq ft of retail space.