Management has finally acknowledged that subscriber growth is slowing. Yet that may not be a problem for Netflix stock, which suddenly trades at a very modest earnings multiple.
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
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.
The U.S. dollar consolidated gains near a two-decade peak on Monday as poor Chinese economic data hurt cyclical currencies including the British pound and the Australian dollar lower. While expectations of a hawkish Federal Reserve have been instrumental in fuelling a dollar rally that has seen a broad index gain nearly 10% so far this year, the latest episode of dollar gains has been driven by extended lockdowns in China. China's retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes.. The offshore Chinese yuan held near a September 2020 low of 6.8380 yuan hit last week.
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.
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
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.
Indian government officials, speaking just hours after the country banned wheat exports, said there was no dramatic fall in wheat output this year but unregulated exports had led to a rise in local prices. "We don't want wheat trade to happen in an unregulated manner or hoarding to happen," a senior government official told reporters in New Delhi on Saturday. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies "to meet their food security needs".
Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said on Monday, with the cement-maker currently eyeing 10 potential targets. Holcim agreed to sell its Indian business to Adani Group for 6.4 billion Swiss francs ($6.38 billion), its largest divestment in years, as it seeks to lower its carbon profile and raise funds for takeovers.
Creditors of Zilingo Pte Ltd have decided to recall all of their loan, prompting the company’s board to appoint an independent financial adviser for options.
Although the CPF provides a steady return, there are four REITs with distribution yields that exceed the CPF's interest rate. The post 4 REITs with Dividend Yields Better Than Your CPF appeared first on The Smart Investor.
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
Bitcoin, the world's largest cryptocurrency, is created by a process called "proof of work" that requires computers to "mine" the currency by solving complex puzzles. An alternative to the system is called the "proof of stake" network, where participants can buy tokens that allow them to join the network.
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