NEW YORK, NY / ACCESSWIRE / October 28, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK: SUIC) and Midas Touch announce the opening of the group’s liaison offices in Malaysia in time for the launch of the four products and services, as well as the start of Starry Project …
Read More »China warns unlicensed online brokerages they are breaking the law
SHANGHAI (Reuters) – Unauthorized online brokers in China carry out illegal activities if they serve Chinese clients via the Internet, a Chinese central banker said, in the first official comment on recent reports pointing out the regulatory risks facing them companies such as Futu Holding, listed in the United States. …
Read More »Peruvian finance minister says there is ultimately no question of nationalizing the gas sector
LIMA, October 27 (Reuters) – Peru’s finance minister said on Wednesday that the country’s left-wing government has no plans to take over the natural gas industry, in a bid to allay fears after the president Pedro Castillo spoke about nationalization earlier in the week. “Nationalizing the gas (sector) means putting …
Read More »Stocks struggle amid mixed income; Bond gains: market envelope
(Bloomberg) – Stocsk in Europe fell to near record on Wednesday and bonds gained amid mixed earnings reports, lower commodity prices and new concerns about the region’s economy . Bloomberg’s Most Read Mining stocks led the Stoxx Europe 600 index down as commodity prices, especially aluminum and iron ore, fell …
Read More »Southeast Asian countries tout links with green energy ahead of COP26
Sultan Hassanal Bolkiah of Brunei speaks at the ASEAN Virtual Summit hosted by the ASEAN Brunei Summit in Bandar Seri Begawan, Brunei on October 26, 2021. (Summit host photo / handout by ASEAN 2021 via Reuters) SINGAPORE – Southeast Asian countries are accelerating their renewable energy transmission plans through a …
Read More »FCC revokes China Telecom’s ability to provide service in the United States
The Federal Communications Commission has revoked the ability of China Telecom Americas to operate in the United States. Citing national security concerns, the agency voted unanimously in favor of a proposal it had been considering since end of 2020. With today’s order, the company, a subsidiary of China’s largest public …
Read More »ZIQ presents a metaverse for trading real estate virtually on 3D maps
Singapore – (Newsfile Corp. – Oct 26, 2021) – ZIQ is proud to present a metaverse for trading real estate virtually on 3D maps. Virtual real estate trading is nothing new to the crypto world, but ZIQ aims to do it differently by combining virtual real estate with real world …
Read More »FOREX-Dollar Stabilizes As Traders Look To Cenbanks For Advice
By Tom Westbrook SINGAPORE, October 26 (Reuters) – The dollar rebounded from recent lows and was firm in choppy trading on Tuesday ahead of a handful of data releases and central bank meetings that investors expect guide the rate outlook. The euro fell 0.3% overnight on weaker-than-expected German corporate morale …
Read More »CSCW) engages an international company to help with cultural tourism related to real estate
NEW YORK, 25 October 2021 / PRNewswire / – Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star “or the “Company “), an entertainment technology company with a global network focused on the application of technology and artificial intelligence (AI) in the entertainment industry, today announced …
Read More »Thrasio raises $ 1 billion in funding led by Silver Lake
(Bloomberg) – Thrasio Holdings Inc., an Amazon.com Inc. product aggregator, raised more than $ 1 billion in a private funding round led by tech investor Silver Lake. Bloomberg’s Most Read Silver Lake, a new investor in Thrasio, has been joined by existing investors including Advent International, Upper90, Oaktree Capital Management …
Read More »Taiwan dollar fortunes change due to large outflows of foreign capital
(Bloomberg) – The Taiwan dollar is facing increasing headwinds linked to foreign capital outflows, after dominating the ranking of Asian currencies in the first nine months of the year. Bloomberg’s Most Read Robust exports and the trade surplus helped the Taiwan dollar overcome the strength of the greenback and outperform …
Read More »INTERVIEW: Using “Taiwan” in CPTPP, says former minister
Nation must break with archaic naming conventions and use “Taiwan” in the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP), said former finance minister and the country’s first ambassador to the WTO Yen Ching -chang. ‘Liberty Times’ (sister newspaper of the ‘Taipei Times’). He spoke about the history of Taiwan’s …
Read More »What CBDCs mean for the future of DeFi and Stablecoins
Over the past year, the narrative surrounding central bank digital currencies (CBDCs) has advanced significantly. From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to determine how they might work in practice. The Chinese digital yuan is currently leading the pack. After several …
Read More »China Expands Land Tax Trials in Next Stage of “Common Prosperity” Campaign
China has widened the lawsuits over a property tax, a move that pits President Xi Jinping against vested interests deeply rooted in an economy fueled for decades by real estate development. The state council, the Chinese cabinet, will expand pilot programs to tax residential and commercial property in cities, according …
Read More »FinMin cancels anti-dumping duties on imports of polytetrafluoroethylene from South Korea and Russia
The Ministry of Finance has removed anti-dumping duties on imports of polytetrafluoroethylene (PTFE) from South Korea and Russia. It also repealed anti-dumping duties on imports of phenol from the European Union, South Korea and Singapore. Deepak Phenolics Ltd and Hindustan Organics Chemical Ltd had filed a request for a sunset …
Read More »Pensions alert, UK system ranked among world’s best, beating Germany, France and Spain | Personal Finances | Finance
Britain came ninth on a list of 43 developed countries and edged out other European nations after being ranked 15th last year, according to the Mercer CFA Institute’s annual world pensions index. The report examined the security and sustainability of public and private retirement income, as well as whether or …
Read More »Japanese Foreign Minister calls on US to join CPTPP
TOKYO – Japanese Foreign Minister called on the United States to support stability in the Indo-Pacific region by joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), following China’s recent decision to enter into the trade pact. âIt is important that the United States engage in the creation of …
Read More »Global Hibiscus Flower Powder Industry to 2026
Dublin, Oct 22, 2021 (GLOBE NEWSWIRE) – The report “Hibiscus Flower Powder Market Research Report by Type, Source, Distribution Channel, Application and Region – Global Forecast to 2026 – Impact cumulative COVID-19 “has been added to ResearchAndMarkets.com offer. The global hibiscus flower powder market size was estimated to be USD …
Read More »GLOBAL MARKETS – Stocks envision third week of gains after tech boost, dollar plunges
* FAANG stocks in focus before profits * Evergrande avoids default with surprise interest payments * Flat crude, falling dollar, rising gold By Simon Jessop and Kevin Buckland LONDON / TOKYO, October 22 (Reuters) – Global stocks were on track for their third straight week of gains on Friday, supported …
Read More »Criticism of China’s actions in Xinjiang grows at United Nations
(Bloomberg) – A group of 43 countries on Thursday denounced China’s human rights record at the United Nations, criticizing Beijing for its detention of Uyghurs in the western Xinjiang region. Bloomberg’s Most Read While the predominantly Western group of nations criticizes China every year in the United Nations General Assembly’s …
Read More »Best B2B Service Providers in Thailand, B2B Marketplace in Thailand
Thailand has made remarkable strides in social and economic improvement, moving from a low income region to an upper middle income region in less than a generation. As such, Thailand has been a widely cited example of improvements, with sustained robust growth and impressive poverty reduction. Additionally, Thailand is renowned …
Read More »Will this have an impact on Deepak nitrite?
The Ministry of Finance has repealed anti-dumping duties on imports of phenol. These are imports of phenol from the European Union, Singapore and the PR of Korea. Deepak Nitrite manufactures this particular product. Analysts expect Rs 50-70 crore to hit the bottom line, although they also say imports from these …
Read More »GaN Radio Frequency Devices Market Growth of $ 1.05 Billion 2021-2025 | Driven by the growing adoption of RF GaN in the electric automobile
NEW YORK, 20 October 2021 / PRNewswire / – The “GaN Radio Frequency Devices Market By Application (Cellular Infrastructure, Defense Industry, CATV, and Others) and Geography (APAC, North America, Europe, South America, and MEA) – Forecast and Analysis 2021-2025“has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio …
Read More »NextPlay Technologies, Inc. Announces Plans to Launch New Category of Tokenized Medical Real Estate in Conjunction with NextPlay Expansion into Medical Tourism
SUNRISE, FL, October 20, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – NextPlay Technologies, Inc. (NASDAQ: NXTP) (the âCompanyâ or âNextPlayâ), a digital business ecosystem for consumers, digital advertisers, video gamers and travelers, today announced plans to form the MedTrek Fund, which is expected to be a closed-end fund securitized by …
Read More »Latest updates: Sales of Biogen’s controversial Alzheimer’s drug fall short of expectations
Baker Hughes, one of the world’s top three oil services companies, blamed supply chain constraints and inflation for disappointing third quarter earnings, but said the global oil and gas recovery was set to continue until 2022. The company’s third-quarter net profit was $ 8 million compared to Wall Street’s expectations …
Read More »Chungcheongbuk-do to host 2021 World Online Martial Arts Masterships and 2021 WMC Convention
CHEONGJU, South Korea, October 20, 2021– (BUSINESS WIRE) – The 2021 World Martial Arts Online Masterships (online.mastership.org) and the 2021 World Martial Arts Masterships Committee (WMC) Convention (http://www.wmc-convention.com) will have held for six days starting October 28 at the Online Studio and Grand Plaza Cheongju Hotel in Chungcheongbuk-do. This press …
Read More »Global Electric Farm Tractor Industry to 2026
DUBLIN, October 19, 2021 / PRNewswire / – The report “Global Electric Farm Tractor Market: Focus on Applications, Battery Type, Drivetrain Technology, and Region – Analysis & Forecast, 2021-2026” has been added to ResearchAndMarkets.com offer. Research and Markets logo This report provides market analysis for the years 2021-2026 in terms …
Read More »Crackdown on insider trading and fraud accelerates under Thai watch
BANGKOK, Oct. 19 (Bloomberg): Thailand is seeking to speed up criminal proceedings to crack down on insider trading, securities fraud and other illegal financial transactions, according to the country’s top regulator. The country’s Securities & Exchange Commission plans to have more power to investigate criminal transactions in stocks, bonds and …
Read More »Influx of goods from China is straining Russian rail network
* Global shipping delays increase attractiveness of rail routes through Russia * Rail volumes from China up 47% in the first nine months of 2021 * Growth exposes problems with track, checkpoints, rolling stock * The government is planning investments, the operator is looking for a faster pace By Gleb …
Read More »South Korea aims to cut carbon emissions by 40% by 2030
South Korea on Monday set a new target to tackle climate change over the next decade, saying it will aim to reduce its greenhouse gas emissions to 40% from 2018 levels. ‘by 2030. The country had come under criticism that its initial 26.3% reduction plan was too modest. Pledging stronger …
Read More »Global Antimicrobial Coatings Market Outlook 2021-2026 Report with BASF, Akzo Nobel, The Sherwin-Williams Co, PPG Industries and Lonza
DUBLIN, October 18, 2021– (BUSINESS WIRE) – The report “Global Antimicrobial Coatings Market Outlook to 2026” has been added to ResearchAndMarkets.com offer. The global antimicrobial coatings market is expected to witness a significant growth rate during the forecast period with a CAGR of over 10%. Growing concerns about hygiene and …
Read More »Geotechnical Engineering and Design Software Market Research Report by Platform, End User, Application, Region – Global Forecast to 2026
Geotechnical Engineering and Design Software Market research report by Platform (Application-Based & Web-Based), By End-User (Commercial, Industrial & Infrastructure), By Application, By Region (Americas, Asia-Pacific and Europe, Middle East and Africa) – Global forecasts to 2026 – Cumulative impact of COVID-19 New York, October 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com …
Read More »Developing economies risk breaking out of the convergence process
Across the globe, macroeconomic challenges are mounting, ranging from rising inflation to growing shortages of goods and labor. The impact on advanced economies and China has been the subject of much debate. However, less attention has been paid to the vulnerability of a large group of developing countries. It goes …
Read More »Why China refuses to use Australian coal amid trade dispute
China has made bold statements about how it is cutting Australia off, but there are factors at play that could set it back. China could be in the throes of an energy crisis. Still, he’s determined not to back down on his Australian coal blacklist. But for how long ? …
Read More »The slide in poverty can be stopped
Covid-19 will be gone as an immediate threat in a few years. However, its effect will last longer. Governments around the world, including Thailand, will face enormous challenges in trying to fund the economic stimulus package that will be needed when countries get back on their feet. The latest United …
Read More »Youth Forum on Primary Finance held in Shanghai
On October 15, 2021, the first New Finance Youth Forum on the theme âNew Era · New Finance · New Youthâ was held in Shanghai. The discussion set up the opening ceremony and the leader’s speech, the message from the world leader, the distribution function of the new financial plan …
Read More »Real Debt and Desperation Behind Netflix’s “Squid Game”
SEOUL – The calling card, thrown with expert precision from a motorcycle as she pulled away, landed at Park Chui-woo’s feet as he neared the end of his wits. The brightly colored card advertised quick loans with low interest rates, especially for small business owners. At the peak of all …
Read More »A Laotian restaurant in Toronto opened by a financier, preserving the family heritage
TORONTO – In Grade 10, Lits Kong won a financial grant that allowed his family to open a Laotian restaurant. She didn’t know it at the time, but this close connection between business, food, and family would become central to her life decades later. For a high school project, she …
Read More »Japanese billionaire prepares for December space mission
MOSCOW (AP) – An upcoming space flight by a Japanese billionaire will give the public a closer look at life aboard the International Space Station, said on Friday the president of Space Adventures, the company that organized the flight. Fashion mogul Yusaku Maezawa will take to space on December 8 …
Read More »Bitcoin miners make US industry leader after China crackdown as climate fears weigh in
The United States is now the world leader in Bitcoin mining, according to data from the Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks Bitcoin’s energy consumption by geography. According to data added to the index, the United States currently accounts for 42.7% of the Bitcoin network hashrate, a metric …
Read More »Unregulated digital currency transfers in South Korea hit record high at $ 677 million
Unregulated and questionable foreign currency transfers involving digital currencies have exploded this year in South Korea. According to data from the country’s tax agency, the country has seen a 2,100% year-over-year increase in these transfers, raising concerns about money laundering and tax evasion via digital currencies. In the first eight …
Read More »This pristine beach is one of the last in Japan. Soon it will be filled with concrete.
Editor’s Note: New York Times business content will now be included with your Finance & Commerce subscription. Not a subscriber? Start your subscription here. KATOKU, Japan – Standing on its mountain-fringed beach, there’s no indication that the Japanese village of Katoku even exists. Its handful of houses are hidden behind …
Read More »Candidates for Citibank’s retail division are still in the due diligence phase
It may take time for Citibank until December to finalize a buyer for its retail business, sources familiar with the talks said. There has been no decision on a buyer, or no shortlist made, a source said. âThe bank is in the process of answering all questions posed by potential …
Read More »Global Metal Foam Market Overview to 2027 – Featuring Admatis, American Elements and ERG Aerospace, among others
DUBLIN, October 14, 2021– (COMMERCIAL THREAD)–The “Metallic Foams – Global Market Trajectory and Analysis” report was added to ResearchAndMarkets.com offer. Amid the COVID-19 crisis, the global metal foams market estimated at US $ 85.3 million in 2020 is expected to reach a revised size of US $ 112.5 million by …
Read More »G-20 CFOs back landmark tax deal, vow to act against inflation
The chief financial officers of the Group of 20 major economies on Wednesday approved a 15% global minimum corporate tax rate and other new rules to fight tax evasion by IT giants, while promising to ” act as necessary in the face of rising inflation rates amidst supply disruptions due …
Read More »Global Industry Analysts Predict Global Healthcare Descriptive Analytics Market To Reach $ 57.7 Billion By 2026
SAN FRANCISCO, October 13, 2021 / PRNewswire / – New Market Research Published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Healthcare Descriptive Analytics – Global Market Trajectory & Analytics” . The report presents new perspectives on the opportunities and challenges in …
Read More »Global Toothbrush Sterilizers Market Research Report (2021-2026)
Dublin, Oct 13, 2021 (GLOBE NEWSWIRE) – The report “Toothbrush Sterilizers Market Research Report by Mount Type, Charging Mode, Distribution, Application and Region – Global Forecast to 2026 – Cumulative impact of COVID-19 “has been added to ResearchAndMarkets.com offer. The global toothbrush sterilizer market size was estimated to be USD …
Read More »UPDATE 1-China’s Export Growth in September Accelerates Unexpectedly, Imports Slow
* September exports + 28.1% y / y vs. + 21% forecast in the Reuters poll * Sept imports + 17.6% year / year vs + 20% forecast * September trade balance $ 66.76 billion against $ 46.8 billion forecast BEIJING, Oct. 13 (Reuters) – Chinese exports grew faster than …
Read More »Element Finance Raises Second Fund to Lend $ 40 Million to Growing SaaS Companies
(image: Korea Bizwire) SAN ANTONIO, October 12 (Korea Bizwire) – Element Finance, a leading growth finance provider offering flexible and capital efficient venture finance and income-based financing solutions, announced the raising of its second fund, giving it access to over 40 millions of dollars. The investment comes from both new …
Read More »RepliCel Life Sciences Appoints Leading CEO of Regenerative Medicine Industry in Japan as Strategic Advisor
Kunihiko Suzuki, One of the Leading Pioneers of the Emerging Regenerative Medicine Industry in Japan, Commits to Serving as Senior Strategic Advisor to RepliCel Board of Directors VANCOUVER, BC / ACCESSWIRE / October 12, 2021 / RepliCel Life Sciences Inc. (OTC PINK: REPCF) (TSXV: RP) (FRA: P6P2) (“RepliCel” or the …
Read More »Thai baht, travel stocks rise as nation eases tourism restrictions
(Bloomberg) – The Thai baht has recovered the most since August, as an easing of travel requirements for vaccinated visitors brightened the outlook for the tourism-dependent economy. Bloomberg’s Most Read The baht jumped 1.4% to 33.426, the biggest gain since August 24. Visitors from 10 low-risk countries will not be …
Read More »FirstFT: Chinese coal futures hit record high
Chinese coal futures have reached record highs as flooding closed dozens of mines and displaced more than 100,000 people, strangling the country’s main fuel source for electricity and exacerbating a global energy crisis. Coal futures traded on the Zhengzhou Commodity Exchange climbed 11.6% to close at a record 1,408.20 Rmb …
Read More »Global Fetal Surveillance Industry to 2026
DUBLIN, October 11, 2021 / PRNewswire / – The report “Fetal Surveillance Market Research Report By Portability, By Application, By End User, By Product, By Region – Global Forecast To 2026 – Cumulative Impact Of COVID-19” has been added to ResearchAndMarkets.com offer. Research and Markets logo The global fetal surveillance …
Read More »Latest news: US, Taliban discuss aid and human rights
Chinese developer requests extension of bond period William Langley in Hong Kong Another Chinese developer has said it may struggle to meet a bond repayment deadline, as it has announced it will seek to delay repayment of a $ 250 million bond for three months, adding to fears that the …
Read More »Corporate Ladder: Your Weekly Guide to Executive Meetings
Phil Hood James woodham Long-time airport manager promotion National aviation services company Cobham Aviation promoted former airport manager Phil Hood as head of South East Australia. Hood joined Cobham Aviation in September last year after eight years as a manager of airport services at Adelaide Airport for Emirates. His stint …
Read More »Xi jinping flashes: China could ease restrictions on Australian coal imports
It has been over a year since China began flexing its economic muscles in an attempt to bend Australia’s political will over their increasingly bitter bilateral disputes. This was in response to Australia accusing its largest trading partner of the following: interference in its internal politics; not being honest about …
Read More »Sony and TSMC could team up to tackle global chip shortages
Global chip shortages may soon create unexpected allies in Japan. As Reuters reports, Nikkei Sources say Sony and TSMC are “considering” the joint establishment of a semiconductor factory in Kumamoto Prefecture, western Japan. TSMC would have majority control, insiders say, but the plant would operate on Sony’s land near that …
Read More »Global business tax deal moves forward
Irish Finance Minister Paschal Donohoe discusses the global corporation tax deal in an interview with Bloomberg Television in Dublin on Friday. (Photo Bloomberg) A sweeping corporate tax overhaul garnered support from 136 countries, as nations resolved major disputes over a global minimum rate and the end of new digital taxes …
Read More »Georgieva’s future as IMF head still unclear after marathon board meeting
World Bank Managing Director Kristalina Georgieva speaks during the China Development Forum (CDF) 2018 annual session at Diaoyutai State Guesthouse in Beijing, China on March 25, 2018. REUTERS / Jason Lee / File Photo WASHINGTON, Oct. 8 (Reuters) – The board of directors of the International Monetary Fund on Friday …
Read More »Results of a new study by the Korea Maritime Institute inform research on risk management (Empirics of Korean Shipping Companies’ Default Predictions): Insurance – Risk management
2021 OCT 08 (NewsRx) – By a Journalist-Staff News Editor at Daily Insurance News – The results of insurance research are discussed in a new report. According to reports by Pusan, South Korea, by reporters at NewsRx, the research said, “In this article, we use a logit model to predict …
Read More »A $ 60 billion global financial cloud opportunity by 2026
FACTS AT A GLANCEEditing: 9; Posted: May 2021Executive pool: 73191Companies: 12 – Players covered include Amazon Web Services, Inc .; Capgemini SE; Computer Science Society (CSC); Google LLC; Huawei Technologies Co., Ltd. ; IBM Corporation; Microsoft Corporation; Oracle Corporation; Salesforce.com, Inc .; SAP SE and others.Blanket: All major geographies and …
Read More »Factoring Market Research Report by Type, Industry, Region – Global Forecast to 2026
Factoring Market Research Report By Type (International Factoring, Non-Notification Factoring & Notification Factoring), By Industry (Aerospace & Defense, Automotive & Transportation & Banking, Financial Services & Insurance), By Region (Americas, Asia – Pacific and Europe, Middle East and Africa) – Global forecasts to 2026 – Cumulative impact of COVID-19 New …
Read More »Chinese technology investment represents a “real danger” for American industry: Michael Dell
The Biden administration this week reported that he will pursue an uncompromising approach to economic relations with China, saying he will apply the tariffs set under the Trump administration and target Chinese subsidies for private industry. The moves occur months after the US Senate passes $ 250 billion bipartisan spending …
Read More »A different approach to investing in developing countries
October 9, 2021 FORTY YEARS A few years ago, Antoine van Agtmael of the International Finance Corporation pitched the idea of a “third world equity fund” to skeptical fund managers, and the concept of emerging markets entered investment. global. The aim was to provide diverse exposure to fast growing countries …
Read More »Japan’s new finance minister Suzuki warns against brutal yen moves
TOKYO, Oct. 7 (Reuters) – Japan’s Finance Minister Shunichi Suzuki on Thursday warned of any sudden currency movements, saying he was closely monitoring the forex market as the yen hovered near its lowest 18 months against the dollar. The new finance minister made the comment when asked about the recent …
Read More »The strength of the dollar is holding back Asian currencies; Rupee bears reappear: Reuters poll
By Anushka Trivedi (Reuters) – Investors have made short bets on most emerging Asian currencies, according to a bimonthly Reuters poll, as a multitude of factors, including expectations of U.S. rate hikes, rising inflation and signs of slowing global economic growth, boosted the dollar. Long positions on the Singaporean dollar, …
Read More »Australian miners hit hard by China’s Evergrande collapse
Falling iron ore prices, blamed in part on China’s growing problems, are starting to hit Australian miners hard. Two Australian miners have suspended operations due to falling iron ore prices. Iron ore recovered slightly yesterday, up 3 percent to US $ 118.25 (A $ 162.93) per tonne. However, Australia’s most …
Read More »Bitcoin price rally fueled by $ 1.6 billion purchase of whales, blockchain data shows
One or a group of big bitcoin buyers, also known as bitcoin whales, appear to be behind Wednesday’s price hike, based on data showing large purchases of bitcoin on exchanges at the start of hours of negotiation in the United States. But why the whale – or whales – placed …
Read More »Asia-Pacific Financial Markets | White & Case LLP
What’s next for Taiwanese banks and businesses? The severe impact of the COVID-19 pandemic on the global economy continued through 2020 and 2021, and the Asia-Pacific region (APAC) was no exception. Despite the many current challenges, justified optimism and robust business activity exists in the APAC lending markets, particularly in …
Read More »The Minister of Finance minimizes the risks of Evergrande, the Fed moves
Finance Minister Nirmala Sitharaman downplayed fears of global contagion from the Evergrande crisis in China and said the central bank and government were closely monitoring any risk of “tantrum typing” resulting from the likely shift in the policy of the US Federal Reserve. Without naming China, she also pointed to …
Read More »$ 18.1 billion global data migration opportunity by 2026
SAN FRANCISCO, October 6, 2021 / PRNewswire / – New Market Research Published by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Data Migration – Global Market Trajectory and Analysis “. The report presents new perspectives on the opportunities and challenges in a …
Read More »Plug Power and South Korean company SK E&S form joint venture to accelerate hydrogen economy expansion in Asian markets
Joint venture enters Asian market by building Gigafactory, a base for mass production of electrolysers, green hydrogen and fuel cells LATHAM, NY, Oct 06, 2021 (GLOBE NEWSWIRE) – Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and SK E&S, part …
Read More »Former Akita Foods executive convicted of bribing former agriculture minister
On October 6, the Tokyo District Court convicted a former senior Akita Foods Co. official of corruption and gave him a suspended sentence in a scandal that involved a former agriculture minister. Yoshiki Akita, 87, was sentenced to one year and eight months in prison, suspended for four years. Prosecutors …
Read More »Hong Kong real estate agencies sue Evergrande to recover commissions
HONG KONG (Reuters) – Two Hong Kong real estate agencies are suing heavily indebted China Evergrande group over unpaid commissions, court filing and news reports say, putting pressure on the developer as he scrambles to raise funds and avoid a collapse. Centaline filed a lawsuit against Evergrande in September to …
Read More »Internship opportunity at the Thai-Norwegian Chamber of Commerce
The Thai-Norwegian Chamber of Commerce is looking for an energetic, dynamic, responsible, eager to learn and qualified intern to join its growing organization. In this position, you will be expected to learn the ins and outs of daily house routines and procedures. You will be able to apply your knowledge …
Read More »‘Keep your promises’ – COP26 call for climate from 1.8 million Fairtrade farmers to world leaders
Consumers urged to show solidarity with farmers by signing petition urging governments to act NOW WASHINGTON, October 6, 2021 / PRNewswire / – An open letter sent on behalf of 1.8 million Fairtrade producers worldwide, before COP26, urges world leaders to keep their pledge to provide $ 100 billion annual …
Read More »UAE Central Bank to bring together world leaders to explore future of finance
Central bank governors, industry leaders and heads of financial and technological institutions from around the world will meet in Dubai next week to discuss the future of finance at a conference hosted by the Central Bank of the United Arab Emirates. The two-day event – Future of Finance – will …
Read More »Japanese public resources company to develop standard emission measurement for LNG
A liquefied natural gas (LNG) tanker is pulled towards a thermal power plant in Futtsu, east of Tokyo, Japan on November 13, 2017. REUTERS / Issei Kato TOKYO, Oct.5 (Reuters) – The state-run Japan Oil, Gas and Metals National Corp (JOGMEC) will develop a global standard to measure greenhouse gas …
Read More »The Brattle group expands in China with new offices in Beijing and Shanghai
BEIJING and SHANGHAI, October 5, 2021 / PRNewswire / – The Brattle Group Expands Global Reach by Opening New Offices in Beijing and Shanghai, the first establishments of economic advice in Greater China. The Brattle Group (PRNewsFoto / The Brattle Group) Offices will support Brattle Principal and Asia Antitrust & …
Read More »Youth ‘debt investment’ surpasses 38 trillion won in first half
Seoul [South Korea], Oct. 5 (ANI / Global Economic): In the first half of this year, young people between the ages of 10 and 30 borrowed more than 38 trillion won in loans from brokerage firms to invest in stocks. There is growing concern that if stock prices fall, young …
Read More »Asian stocks slide as markets in Korea and Japan head for correction
(Bloomberg) – Asian stocks fell, led by Japan and Korea, as surging commodity prices fueled concerns about global inflation. Bloomberg’s Most Read The MSCI Asia-Pacific Index fell as much as 1.7% on Tuesday in its third day of decline, with technology being the worst performing sector. Japan’s Nikkei 225, South …
Read More »Calfee, Halter & Griswold sue on behalf of noteholders of RP Oldco Inc. (formerly Rustic Pathways Australia (USA), Inc.) against Henry David Venning and other insiders
NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) – Law firm Calfee, Halter & Griswold LLP has filed a complaint on behalf of the noteholders of RP Oldco Inc., formerly known as Rustic Pathways Australia ( USA), Inc., against Henry David Venning, Michael C. Lucas as Trustee of the Henry David …
Read More »Stocks fall mostly ahead of data-rich week, Nasdaq drops as Treasury yields rise
Stocks fell on Monday as traders waited for new economic and earnings data this week to confirm or allay concerns about supply chain challenges, inflation and the pace of the labor market recovery. The S&P 500 fell more than 1%. Last Friday, the first day of October and fourth quarter, …
Read More »Global Consumer Credit Markets, Competition, Forecast and
Dublin, 04 Oct 2021 (GLOBE NEWSWIRE) – The “Global Consumer Finance Market, By Type (Secured Consumer Finance, Unsecured Consumer Finance), By Type Of Secured Consumer Finance Product, By Unsecured Consumer Finance Product Type, By Region, Competition, Forecast & Opportunities, 2026 “report has been added to ResearchAndMarkets.com offer. Global Consumer Credit …
Read More »Latest Updates: Evergrande Real Estate Services Unit Says It Is Waiting For A Takeover Offer
Fumio Kishida was named the 100th Prime Minister of Japan as he prepared to form a government focused on tackling growing threats to China’s economy and national security. Kishida won a hotly contested four-man race to succeed Yoshihide Suga last week as agents of power within the ruling Liberal Democrats …
Read More »DXC Deploys SAP on Google Cloud to Modernize Cement Building Materials Business in Thailand
Credit: Dreamstime Siam Cement Group’s (SCG) Cement-Building Materials business selected DXC to modernize critical IT applications in order to accelerate cloud migration plans through the deployment of Google Cloud-based SAP solutions. The terms of the partnership will focus on upgrading the Global System Integrator (GSI) and migrating the organization’s Enterprise …
Read More »OP-ED: All in green
China tells potential recipient countries that financing coal is no longer an option Chinese President Xi Jinping recently announced to the United Nations General Assembly that China “will not build new overseas coal-fired power projects.” Chinese banks have already shifted into high gear. Three days after Xi’s speech, the Bank …
Read More »Hong Kong central bank refines green finance benchmarks
HONG KONG – Strengthening its environmental credentials, Hong Kong’s de facto central bank recently donated 100 green and pink lunch boxes to its employees in a bid to reduce plastic waste and raise awareness of environmental issues. But the Hong Kong Monetary Authority does more than just hand out food …
Read More »Hong Kong CFO says city’s exposure to Evergrande is “very minimal” -SCMP
The China Evergrande logo is seen outside the China Evergrande Center building in Hong Kong, China on September 23, 2021. REUTERS / Tyrone Siu / File Photo Oct 3 (Reuters) – Hong Kong’s exposure to debt-laden developer China Evergrande Group (3333.HK) is “very minimal” at 0.05%, or HK $ 14 …
Read More »Laos recruits a Japanese startup for a study on digital currency
TOKYO – Laos will explore issuing its own digital currency with the support of a Japanese fintech startup that has been implicated in a similar effort by Cambodia, Nikkei has learned. The study by the central bank of Laos and Tokyo-based Soramitsu will begin this month. The initiative marks Laos’ …
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