Global stocks diverged on Friday after hotter-than-expected US wholesale prices renewed concerns that the Federal Reserve will stick to aggressive policies against inflation.
HONG KONG SAR - Media OutReach - 8 December 2022 - Lithium Finance, the first decentralized valuation protocol for illiquid assets, will launch its Mainnet Beta on 12 December 2022 on the Polygon network. The launch will allow users to obtain accurate and decentralized price valuations for NFTs. Lithium Finance combines wisdom of the community with machine learning to provide deep market insights. It aims to help investors better understand digital asset value to enable informed risk and investm
Expands collection point network to encourage parents and children to recycle together while earning discounts on everyday itemsHONG KONG SAR - Media OutReach - 8 December 2022 - Mead Johnson Hong Kong ("Mead Johnson") is once again partnering with families to protect the environment. The company is bringing the latest and enhanced edition of the "We CAN Protect the Future" formula cans recycling program on December 13, 2022, through March 12, 2023. Through a collaboration with HKTVmall and the
Norwalk, CT - News Direct - 9 December 2022 - Despite the recent turmoil in the cryptocurrency world, News Direct today announced its intention to continue accepting payment in bitcoin via its partnership with BitPay. BitPay supports Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), ApeCoin (APE), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB), Euro Coin (EUROC) and 5 USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD). News Direct announced that it began accepti
3 key themes that emerged across 1.5 days of keynote addresses and panel discussions were the pressing need for greater collaboration across the region and sectors; greater investment in research; and the perennial need for funding Conference gathered over 60 prominent moderators and speakers, including ASEAN Ministers, policymakers, top public health officials, multi-disciplinary experts and industry leaders from healthcare and finance, and more than 500 participants internationally It brought
Two of the three appointments were former Air Force personnel.
Keppel announced that it increased its stake from 26% to 42% by acquiring a 16% stake in the joint venture.
We review the banking sector to determine if the trio of banks can continue their run next year. The post Will Singapore Banks Raise Their Dividends in 2023? appeared first on The Smart Investor.
India said on Thursday it was important for it to adopt farming technologies like genetically modified (GM) crops to ensure food security and cut a reliance on imports, as it tries to boost the output of edible oils for its huge population. The environment ministry in October granted environmental clearance for indigenously developed GM mustard seeds, potentially paving the way for a commercial release of the country's first food crop in about two years. Cotton is the only GM crop now allowed for cultivation in India.
Capgemini was sued over a data breach incident. What happened?
HONG KONG SAR - Media OutReach - 8 December 2022 - Real estate private equity firm Gaw Capital Partners announced that H.A.N.D.S. Shopping Centre, a project managed by People's Place, in Hong Kong's Tuen Mun District, was awarded the Silver Honor in the Best Urban Regeneration Project category of MIPIM Asia Awards 2022 in Hong Kong on December 7. The MIPIM Asia Awards commend APAC's most outstanding real estate projects and are a highly regarded benchmark for showcasing achievement in the proper
India aims to appoint a private sector professional as the first chief executive of the Life Insurance Corporation of India in an effort to modernise its largest insurer after a disappointing stock market debut, two government officials said. A private sector appointee to lead India's largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history. "The government is planning to broaden the eligibility criteria for appointment of LIC CEO so that private sector candidates can apply," said one of the government officials, who declined to be identified as the discussions are private.
The property giant is advancing on many of its initiatives. The post Can CapitaLand Investment Limited’s Share Price Scale New Highs Next Year? appeared first on The Smart Investor.
HONG KONG (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday that its Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million. The announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two years, with two government officials with knowledge of the matter pointing to a production adjustment as it faces disruptions in China.
SINGAPORE - Media OutReach - 8 December 2022 - Oasys, a gaming-optimised blockchain built by gamers for gamers, today announces the launch of OASYX, the first NFT project built on Oasys' native blockchain, in collaboration with critically acclaimed game development executive, Yu Suzuki. OASYX will create various NFTs in conjunction with leading creators, artists and developers hailing from established traditional gaming brands. OASYX's inaugural series of NFTs at launch will be creatively superv
Indian state-run banks that sold government bonds in the last few sessions may not immediately turn buyers, as their focus shifts to cutting down investment under the Statutory Liquidity Ratio (SLR) to fund credit growth, analysts said. State-run banks sold bonds worth more than 304 billion rupees ($3.69 billion), on a net basis, in the 25 trading sessions through Dec. 6, data from the Clearing Corp of India showed.
NEW YORK (Reuters) -The dollar edged lower on Thursday against the euro as investors weighed the outlook for U.S. Federal Reserve policy against the chances that higher interest rates could lead to a recession. The Fed, the European Central Bank and the Bank of England are all set to announce interest rate decisions next week as policy makers continue to tap the brakes on economic growth through higher rates to thwart stubbornly high inflation. Traders and investors will be on the watch for any signs that the Fed is getting ready to pause its hikes.
Wall Street stocks attempted to stage a relief rally and Hong Kong soared on Thursday, but elsewhere equity trading was still dominated by recession fears.
Oil settled lower for a fifth straight session on Thursday as traders shrugged off the closure of a major Canada-to-U.S. crude pipeline, focusing instead on concerns that global economic slowdowns would slash fuel demand. Canada's TC Energy said it shut its 622,000 barrel-per-day Keystone pipeline, which is the primary line shipping heavy Canadian crude from Alberta to the U.S. Midwest and Gulf Coast, after a spill into a Kansas creek. Oil prices rose after the company announced the closure, but the rally dissipated as analysts noted that the U.S. Gulf is likely to have enough inventory to handle short-term outages.
Total billionaire wealth slipped from US$13.1 trillion in 2021 to US$12.7 trillion in 2022.