Yahoo FinanceWhy Roivant Sciences' Shares Are Up Thursday
The company is collaborating with Pfizer to create a portfolio company to develop an encouraging drug to treat ulcerative colitis.
The company is collaborating with Pfizer to create a portfolio company to develop an encouraging drug to treat ulcerative colitis.
India has asked utilities to not retire coal-fired power plants till 2030 due to a surge in electricity demand, according to a federal power ministry notice reviewed by Reuters, just over two years after committing to eventually phase down use of the fuel. The energy-hungry nation said last May it plans to reduce power generation from least 81 coal-fired plants over the next four years, but the proposal did not involve shutting down any of its 179 coal power plants. India has not set a formal timeline for phasing down coal use.
Stock markets historically have been a great way to generate wealth. What are some low-cost platforms out there for you to jumpstart your...
Top central bankers, who credit the use of a 2% inflation target with anchoring decades of stable prices, are facing the first full-on test of how well that approach to monetary policy works once prices have erupted, and how strictly they'll enforce it if damage to their economies intensifies. By announcing an inflation goal, central bankers feel they build credibility for themselves and focus the planning of households and firms in ways that help keep inflation controlled. It's a concept that seemed supported by the facts as the use of inflation targeting spread across the developed world from New Zealand in 1990 through Europe and to the United States and Japan in 2012 and 2013.
Gold prices traded in a relatively tight range on Monday, while market participants globally awaited a slew of central bank meetings with the main focus on the U.S. Federal Reserve. Spot gold edged 0.2% higher to $1,931.07 per ounce, as of 0717 GMT. At the end of the Fed's Jan. 31-Feb. 1 meeting, traders are broadly expecting the U.S. central bank to scale back its rate hikes to 25 basis points (bps) from 50 bps in December.
With political stability, high economic growth, Singapore property market continues to be a safe haven for UHNWIs to store their wealth. The post Singapore property market continues to have high prospects for UHNWIs appeared first on iCompareLoan.
Even Google needs to sharpen its focus, reengineer its cost base and direct its talent and capital to the highest priorities The post Google Laid Off 12,000 Workers: Why Is One Of The Most Profitable Companies In The World Retrenching Its Staff? appeared first on DollarsAndSense Business.
Malaysia's Maybank does not face any financial impact from its subscription to Indian conglomerate Adani Enterprises' share offering, the bank said on Monday. Marquee investors Maybank Securities and Abu Dhabi Investment Authority picked up a stake in Adani Enterprises' $2.45 billion secondary share offering on Wednesday, which coincided with a short-seller report that slammed the shares of Adani group companies. The demand from anchor investors comes despite Hindenburg Research disclosing a short position in Adani Group, accusing it of improper use of offshore tax havens and flagging concerns about high debt that eroded $11 billion in investor wealth.
It looks like a quiet start to the week in Asia on Monday, but don't be fooled - it may be the calm before the storm. A raft of regional economic indicators including Japanese unemployment and PMIs from China, Australia and India, as well as U.S. non-farm payrolls and U.S., euro zone and UK interest rates decisions will surely provide fireworks later in the week. The MSCI Asia ex-Japan index is at a nine-month high and up more than 30% from the October low.
DÜSSELDORF, GERMANY - Media OutReach - 30 January 2023 - Dear Reality launches EXOVERB, a totally new reverb plugin that adds an as yet unheard three-dimensional depth and width perception to stereo productions. Blending the mix with the most natural reverb, the plugin offers 50 true-to-life acoustic scenes, relying on EXOVERB's proprietary reverb engine with synthesized spatial multi-IRs. Incorporating the fundamentals of spatial hearing, EXOVERB enables enhanced control of the spatial distance
Both companies are striving for net zero carbon emissions by 2050 and prioritize green operations as part of their ESG agenda BANGKOK, THAILAND - Media OutReach - 30 January 2023 - In a joint effort to drive a greener supply chain, Big C Supercenter, "The Thai Retailer with Customers at its Heart" the leading grocery retailer in Thailand, and DHL Supply Chain Thailand, the global market leader in contract logistics, have announced the deployment of electric trucks for product distribution, from
Other Asian currencies advanced, led by the onshore Chinese yuan. The onshore yuan, resuming trading after a week, climbed 0.7% to near 6.75 to the dollar. Foreign banks were on the bid on USD/INR at open, and importers were likely active, the trader added.
The Adani Group dismissed the report as “maliciously mischievous” and said it’s exploring legal action.
Asia's seaborne thermal coal markets are losing heat, with both prices and volumes declining as winter demand passes and Europe's energy crisis eases. Australian coal at Newcastle Port with an energy value of 5,500 kilocalories per kg (kcal/kg), as assessed by commodity price reporting agency Argus, slipped to $129.87 a tonne in the week to Jan. 27, the lowest since the week to Jan. 21, 2022. While the Chinese ban has been lifted, it's unlikely that buyers will flock back to Australian thermal coal, given the availability of cheaper, and similar quality, coal from Russia.
UOB Kay Hian's John Cheong has increased his target price to $1.36 from $1.07 previously.
HONG KONG SAR - Media OutReach - 30 January 2023 - Chinachem Group (the "Group") announced today that it has exchanged contracts for and completed the purchase of One New Street Square with UK-based REIT Landsec, a premium 276,502 sq ft office building in the heart of Central London, at a total consideration of £349.5 million, representing a capital value of £1,264 psf. One New Street Square Completed in 2016, One New Street Square is fully let to Deloitte on a lease expiring in 2036, at a curre
By embracing innovative technologies alongside achievable sustainability goals, companies can accommodate business and market need
For some of America’s biggest bond buyers, the soft-versus-hard-landing debate on Wall Street might be a sideshow.
Cake Defi's CTO and co-founder U-Zyn Chua talks about the opportunities and potential risks.
SINGAPORE - Media OutReach - 30 January 2023 - For the tenth year in a row, SABIC, a global leader in the chemicals industry, has been recognized as the "top employer Asia Pacific" by the Top Employer Institute, a globally accredited certification body. SABIC's focus on empowered, people-centric leadership, and embrace of technology that makes processes simpler and easier, have been key to its continued success as companies pivot to new ways of working following the pandemic. SABIC wins the Top
To date, Ascott has secured over 1,000 units across eight properties under The Crest Collection.