Sea Limited's stock has great prospects, but investors should not neglect the potential downsides.
Like for millions of people in developing and emerging market countries around the world, shopping for staple foods has turned from a necessity into a luxury for Selcuk Gemici. The 49-year-old, who works in an auto repair shop in Turkey's largest city Istanbul and lives with his wife and two children in his father's house, says fresh produce is often out of reach with his family living on pasta, bulgur and beans. Global food prices have climbed for two years, fuelled by COVID-19 disruptions and weather woes.
IREIT Global's manager secures 6 year extension for least at Bonn Campus to unit of Deutsche Telekom
Oil prices rose on Monday on optimism that China would see significant demand recovery after positive signs that the country's coronavirus pandemic was receding in the hardest-hit areas. Brent crude futures for July delivery rose $2.69 to settle at $114.24 a barrel, a 2.4% gain, while U.S. West Texas Intermediate (WTI) crude rose $3.71, or 3.4%, to $114.20 a barrel. However, it is estimated that 46 cities in China are under lockdowns, hitting shopping, factory output and energy usage.
Turned over a new page of partnership with the largest online shopping mall in Hong Kong to jointly protect the new retail experience HONG KONG SAR - Media OutReach - 16 May 2022 - Reckitt and HKTVmall, the largest online shopping mall in Hong Kong that connects online and offline, have turned over a new page of partnership to set up Dettol Disinfection Zone for online purchases pickup in nearly 90% of HKTVmall O2O shops and three HKTVmall supermarkets[1]. It allows consumers to disinfect their
NEW YORK (Reuters) -Oil prices jumped over $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union kept pushing for a ban on Russian oil imports that would tighten supply. Prices retreated and were slightly lower after Reuters reported that sources said U.S. President Joe Biden's administration will authorize as soon as Tuesday for U.S. oil company Chevron Corp to negotiate with Venezuelan President Nicolas Maduro's government, temporarily lifting a ban on such discussions. Energy markets have been scrambling for supplies since Russia's invasion of Ukraine in late February, as governments and companies sanction Moscow's energy industry.
Advancing Our Sustainability Agenda to Achieve Sustainability LeadershipHONG KONG SAR - Media OutReach - 17 May 2022 - Hang Lung Group Limited (SEHK Stock Code: 00010) and Hang Lung Properties Limited (SEHK Stock Code: 00101) (collectively known as "the Companies" or "Hang Lung") today published their online Sustainability Reports 2021, the 10th year that the Companies have published sustainability reports. The Reports provide highlights of our sustainability initiatives, achievements and progre
U.S. stocks closed mixed on Monday as downbeat Chinese and New York state data kindled recession fears, but the 10-year Treasury note's yield staying firmly under 3% spurred hopes the Federal Reserve will prudently hike interest rate hikes. Chinese retail and factory activity fell sharply in April as COVID-19 lockdowns severely disrupted supply chains while New York's factory output slumped in May for the third time this year amid a collapse in new orders and shipments. The Chinese data cast a long shadow over the world's second-largest economy while the steep drop in New York manufacturing could be an early signal of the impact of the Fed's plans to tighten monetary policy to tackle rapidly rising inflation.
SINGAPORE - Media OutReach - 16 May 2022 - Capturing socio-cultural trends nestled in childhood experiences, MINT Museum of Toys Singapore will narrate influential stories that defined playtime in its latest exhibition, UNBOX Presents: Toy Figurines. Open to the public from 28 May to 28 November 2022, the exhibition will unveil the various toy figurines that underpinned and sparked generational shifts, from the evolution of gender norms portrayed by Barbie, G.I. Joe and Bratz to the epitome of t
Gone are the days when you’d have to sign up with one of the big 3 telcos — Singtel, Starhub and M1 — just for mobile data. With one of... The post 12 Best SIM-Only Mobile Plans in Singapore: Singtel vs StarHub vs M1 appeared first on MoneySmart.sg.
An endowment plan is a two-for-one product. It provides insurance coverage but also bonuses based on investment returns. Is it the same as...
Five Grand Awards at the "Ear Up Music Festival" 13 New Voices of Hong Kong that Must Be Heard HONG KONG SAR - Media OutReach - 16 May 2022 - Now in its fifth year, the "Ear Up Incubation" music mentorship programme reached another milestone for the local music industry when 14 Hong Kong based groups were chosen as finalists in the long-awaited Ear Up Music Festival in April 2022. Credit: Ear Up Music Along with local rock band, Kolor and independent singer-song writer, Kendy Suen, the 13 rising
Singapore to restart work on 5th airport terminal as passengers return.
Any agreements by Egypt's government to purchase Indian wheat will not be affected by an export ban announced by New Delhi, Egypt's supply minister said on Sunday. Egypt, the world's largest wheat importer, faces a challenge securing wheat after Russia's invasion of Ukraine further inflated high global prices and disrupted relatively cheap Black Sea supplies that Egypt had increasingly relied on.
Russia's invasion of Ukraine in February has supercharged already rising commodity and fuel prices and kept global policymakers busy trying to contain red-hot inflationary pressures. Fuel prices, a big component of the increase, jumped 38.66% on the year versus 34.52% in March. Wholesale manufactured product prices rose 10.85%, against 10.71% in the prior month, while food prices accelerated at an 8.88% pace, versus 8.71% the previous month, data showed.
The U.S. dollar index was lower on Monday after hitting a 20-year peak last week, with the global economy in focus after weak economic data from China highlighted worries about the prospects for a global slowdown. Creating a risk-off mood on Monday, China's retail and factory activity fell sharply in April as extensive COVID-19 lockdowns confined workers and consumers to their homes. Following the release of China's data, Bipan Rai, North America head of FX Strategy at CIBC Capital Markets, said trading was focused on macro economic data on Monday.
Wheat prices surged to a new record high in European trading on Monday after India decided to ban exports of the commodity as a heatwave hit production.
The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to a majority of analysts polled by Reuters who were exceptionally split on the size of the move. India's retail inflation accelerated to an eight-year high in April, remaining above the central bank's tolerance limit for a fourth month in a row, and is likely to stay elevated. The sudden change in views on surging inflation and how to tame it means the RBI will likely take the repo rate, currently at 4.40%, back to at least its pre-pandemic level next quarter and not in 2023 as previously thought.
Facebook boss Mark Zuckerberg rang the opening bell remotely to cheers 10 years ago as the beloved social network made its stock market debut, culminating an all-night hackathon that included street hockey, costumes and music.The Silicon Valley tech colossus rebranded as Meta has since seen its image tainted by accusations it has become a tech tyrant, putting profit over user privacy and even the good of society.
WASHINGTON, D.C., USA - Media OutReach - 17 May 2022 - From May 11 to 17, Vietnamese Prime Minister Pham Minh Chinh made a working trip to the United States and the United Nations. Prime Minister Pham Minh Chinh and leaders of ASEAN countries attended a Special Summit to celebrate the 45th anniversary of ASEAN - US Dialogue Relations on May 12 and 13 in Washington, D.C. at the invitation of US President Joe Biden. Minister Le Minh Hoan and the delegation of the Ministry of Agriculture and Rural
India's biggest-ever IPO, state-owned insurance giant LIC, fell seven percent from its flotation price of 949 rupees when it made its market debut Tuesday.
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