TOKYO (REUTERS) – Oil prices continued to retreat on Thursday (June 23) as investors reassessed the risks of recession and the impact of interest rate hikes in major economies on fuel demand. US West Texas Intermediate (WTI) crude futures fell US$1.69, or 1.6 per cent, to US$104.50 a barrel by 4pm Singapore time. Brent crude futures […]
KUALA LUMPUR (BLOOMBERG) – Malaysia’s state-owned investment firm Johor Corp could seek to raise about RM1 billion (S$316.4 million) in an initial public offering of its plantation unit, according to sources with knowledge of the matter. The investment arm of the Johor state government is asking bankers for pitches for the potential listing of Kulim […]
LONDON (BLOOMBERG) – Tether is releasing a crypto token tied to the value of the British pound as part of a push into new stablecoins. The GBPT token will be available to trade on the Ethereum blockchain from early July, according to a statement on Wednesday (June 22). The crypto platform also offers tokens pegged […]
SAN FRANCISCO (REUTERS, BLOOMBERG) – Tesla’s new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, chief executive Elon Musk said in an interview published on Wednesday (June 22). “Both Berlin and Austin factories are gigantic money […]
SINGAPORE (BLOOMBERG) – The dislocation of global fuel markets after Russia’s invasion of Ukraine has boosted the cost of shipping products such as diesel by sea. Rates to haul fuels such as petrol and diesel, known in the industry as clean tanker freight, have more than doubled this year to the highest since April 2020, […]
NEW YORK (NYTIMES) – Recession fears are ramping up as the US Federal Reserve embarks upon an aggressive campaign to raise interest rates, and politicians and members of the public are increasingly questioning why central bankers are planning to cause the economy pain. The short answer is: This is the tool the Fed has to […]
WASHINGTON (BLOOMBERG) – Federal Reserve chair Jerome Powell gave his most explicit acknowledgement to date that steep interest rate hikes could tip the United States economy into recession, saying one is possible and calling a soft landing “very challenging”, “The other risk, though, is that we would not manage to restore price stability and that […]
XIAMEN, China, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Blue Hat Interactive Entertainment Technology (“BHAT” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, announced today that it has determined not to proceed with the previously announced underwritten public offering of […]
Central, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Central, Hong Kong – Maple Tree Counselling is a boutique therapy practice in Central, Hong Kong. Therapy is generally aimed at helping clients develop a stronger sense of self awareness so they can facilitate change in their own lives to improve their mental health. Some forms […]
Hong Kong Island, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hong Kong Island, Hong Kong – Pogi’s Pet Supplies, a Hong Kong-based online retailer of eco-friendly pet care products, is pleased to acknowledge the popularity of Pogi’s Grooming Wipes, hypoallergenic pet wipes for dogs and cats. The product is plant-based, earth-friendly and deodorizing as […]
HOBEU exchange mainly provides safe, professional, and convenient Bitcoin, Ethereum, Binance Coin, Tether, and other high-quality digital asset transaction matching and exchange services for blockchain enthusiasts worldwide. Hong Kong, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — More people are interested in cryptocurrency, from financial institutions to everyday investors. To get in on the action, […]
公司執行策略，透過將非核心資產獲利以擴展現金流 總交易額為 8,500 萬美元；至少 8,000 萬美元將用於償還債務並為營運提供資金 紐約水牛城, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Athenex, Inc. (NASDAQ: ATNX)…
FedEx 對 FourKites 進行策略性投資，FourKites 將利用這筆資金開發 FourKites X，利用來自這兩家公司網絡的大量數據分析，以幫助轉變全球供應鏈 芝加哥與田納西州孟菲斯, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Fe…
Toyota City, Japan, Jun 22, 2022 – (JCN Newswire via SEAPRWire.com) – We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of […]
TOKYO, Jun 22, 2022 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. today announced publication of results from an early phase evaluation that aimed to estimate potential economic value of its investigational anti-amyloid-beta (Abeta) protofibril antibody lecanemab in people living with early Alzheimer’s disease (AD) using a validated disease simulation model, AD Archimedes Condition […]
TOKYO & JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – PT Bank CIMB Niaga Tbk (CIMB Niaga) and PT JCB International Indonesia (JCB), as a subsidiary of JCB International Co. Ltd., launched the CIMB Niaga JCB OCTO Card Digital Credit Card in Jakarta, on 22nd June 2022. This credit card with digital or […]
SMEStreet Foundation with the support from MSME Ministry, Govt of India, EDII- Ahmedabad, NSIC is excited to introduce SMEStreet GameChangers Forum 2022 is set to start on Theme of Acknowledging Role of Indian MSMEs in 5 Trillion Dollar Economy Chase NEW DELHI, June 22, 2022 – (ACN Newswire via SEAPRWire.com) – While the nation is […]
JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 amid high global crude oil prices. Pertamina. gas station ANTARA/HO – PT. Pertamina Patra Niaga Regional Kalimantan. “Through this business strategy, in 2021, Pertamina succeeded in cost […]
JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) posted a record net profit of Rp29.3 trillion in 2021 following a successful business transformation. President director of Pertamina, Nicke Widyawati, addressing an online press conference on Pertamina’s participation in the Dubai Expo, which was accessed from […]
SINGAPORE, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – Catalist-listed Jubilee Industries Holdings Ltd has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (Purchaser) for the sale of the Company’s 14% stake in WE Components Pte. Ltd. (WEC), the Group’s EBU (Disposal). The Disposal offers significant synergies with the […]