Tue, 21-Oct-2025

Hasbro is expected to defeat Alta Fox in the board challenge

Alta Fox

Hasbro is poised to prevail over a board challenge from activist hedge fund Alta Fox. The hedge fund had pushed Hasbro to spin off its Wizards of the Coast and Digital Gaming unit. Early vote tallies show Hasbro ahead of Alta, which nominated one director. Hasbro Inc (HAS.O) is ready to beat a board challenge … Read more

SBP sets limits for foreign currency purchase to discourage speculative gains

SBP

The State Bank of Pakistan (SBP) on Monday said the limits of foreign currency buying by individuals have been set to discourage speculative transactions. The SBP has set a limit of $10,000/day/individual and $100,000/year/individual to check the foreign currency transactions. “It has been observed that substantial amounts of foreign currency was being purchased for speculative … Read more