HONG KONG, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – Grand Ming Group Holdings Limited (the “Company” and together with its subsidiaries, the “Group”, stock code: 1271.HK) today announces its annual results for the year ended 31 March 2022 (“FY 2021/22”). Highlights— Revenue amounted to HK$817.9 million, a decrease of 45.2% from the previous […]
Apptio reinforces commitment to Asia with strategic hire
SINGAPORE, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – Apptio, the leading provider of technology business management (TBM) applications, has appointed Tarun Kumar Kalra as Regional Vice President – Asia. Tasked with strengthening and establishing new strategic engagements in the region to help organizations make informed, data-driven technology business decisions, Tarun will focus on […]
佳明集團控股有限公司公佈截至2022年3月31日止之全年業績
HONG KONG, Jun 24, 2022 – (亞太商訊 via SEAPRWire.com) – 佳明集團控股有限公司(「公司」,連同其附屬公司合稱「集團」,股份代號:1271.HK)今天公佈截至2022年3月31日止年度(「2021/22年度」)全年業績。 摘要 — 收益錄…
Fed’s Powell says commitment to curbing inflation is ‘unconditional’
WASHINGTON (REUTERS) – The Federal Reserve’s commitment to reining in 40-year-high inflation is “unconditional” but also comes with the risk of higher unemployment, United States central bank chief Jerome Powell said on Thursday (June 23). “It’s unconditional,” Powell told the US House of Representatives Financial Services Committee when asked about the Fed’s commitment to fight […]
China tech giants lost their swagger and may never get it back
HONG KONG (BLOOMBERG) – On trading floors in New York and Hong Kong, the brightening mood toward Chinese technology companies is unmistakable: With stocks like Alibaba Group Holding and Tencent Holdings surging from multi-year lows, talk of a new bull market is growing louder. Yet speak to executives, entrepreneurs and venture capital investors intimately involved […]
Forkast to host CFTC Commissioner, Caroline Pham, in upcoming discussion on The Future of Stablecoins
Experts explore the vulnerabilities of stablecoins, what is likely to happen on the regulatory side and what role stablecoins might increasingly play in the future Hong Kong, June 23, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Forkast, Asia’s leading news platform covering digital currency, blockchain and emerging technologies, will host its monthly Crypto Rising livestream on […]
B20 task force highlights recommendations to support net zero-carbon
JAKARTA, Jun 23, 2022 – (ACN Newswire via SEAPRWire.com) – The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions. The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call […]
Qantas slashes flights in Australia as high oil prices bite
SYDNEY (BLOOMBERG) – Qantas Airways slashed domestic flight schedules through to March next year to help offset the rising cost of fuel, a step that’s likely to drive fares even higher. Flying in Australia from July to September will be cut by 15 per cent, more than the airline previously forecast, Qantas said Friday. Some […]
Binance scores Cristiano Ronaldo as partner for NFT push
BENGALURU (REUTERS) – Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday (June 23) it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the […]
Crypto’s liquidity troubles spread to more platforms
NEW YORK (BLOOMBERG) – A broad-based sell-off in digital assets and the collapse of high-profile tokens TerraUSD and Luna have caused ripple effects across the crypto industry. A wave of liquidations triggered fear of contagion risks. Major lenders Celsius Network and Babel Finance have frozen withdrawals, and Three Arrows Capital, a major crypto hedge fund, […]
Netflix lays off 300 more employees in latest round of cuts
NEW YORK (NYTIMES, BLOOMBERG) – Netflix laid off another 300 employees as the streaming giant seeks to bring costs under control amid uneven subscriber growth. The job losses are across the company, with most affected workers based in the United States. The cut is twice as large as the one Netflix made last month. “Today […]
US stocks finish higher as market weighs recession risk
NEW YORK (AFP) – Wall Street stocks finished higher following another volatile session on Thursday (June 23) as investors assess how rising recession risk affects the outlook for oil prices and monetary policy. Equities overcame a midday sag as Federal Reserve chairman Jerome Powell, in a second day of testimony on Capitol Hill, downplayed the […]
Matrix Announces BioWallet to Make Crypto Funds More Secure
Hong Kong, June 23, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Matrix introduces the latest in crypto security – BioWallet With the advent of cryptocurrency, security has become a top concern for many people, and Matrix has come up with a new biometric wallet that meets these needs. The Matrix BioWallet uses the unique veins on […]
Why Asian investment grade bonds remain attractive while interest rates rise
Traditionally, a rising rate environment is unfavourable for fixed income assets, as it results in falling bond values. Fixed income investors seeking both price appreciation and a stable stream of income have to navigate the market more skillfully than usual. That could involve positioning in segments of the bond market where credit quality is more […]
S.Africa repeals COVID rules on mask-wearing, gatherings, entry
In this July 6, 2021, file photo, a patient receives a Johnson & Johnson vaccine against COVID-19 in Hammanskraal, South Africa. (ALET PRETORIUS / AP) QUITO / ROME / WASHINGTON / JOHANNESBURG – South Africa has repealed COVID-19 restrictions on mask-wearing in indoor public spaces, limits on the size of gatherings and entry requirements at […]
Strikes cripple Britain’s railways, unions warn of more to come
Workers and members of the RMT union stand on a picket across the street from Victoria railway station in London on June 21, 2022. (MATT DUNHAM / AP PHOTO) LONDON – Strikes crippled Britain's rail network on Thursday as union bosses, train operating firms and the government faced off over demands that workers' pay increases […]
Monkeypox: Africa says overdue as WHO weighs ’emergency’ tag
In this file handout photo taken on June 22, 2022 made available by the UK Health Security Agency shows a collage of monkeypox rash lesions at an undisclosed date and location. (HANDOUT / UK HEALTH SECURITY AGENCY / AFP) LONDON – The World Health Organization will decide on Thursday whether to declare monkeypox a global […]
UK proposes new trading system for developing countries
Britain's Prime Minister Boris Johnson signs the Trade and Cooperation Agreement between the UK and the EU, the Brexit trade deal, at 10 Downing Street in central London on Dec 30, 2020. (LEON NEAL / POOL / AFP) LONDON – British Prime Minister Boris Johnson will praise the benefits of free trade between Commonwealth countries […]
Macron admits ‘deep divisions’ in France exposed by elections
A photo of a TV screen shows French President Emmanuel Macron speaking during televised address on June 22, 2022, in Paris. (LUDOVIC MARIN / AFP) PARIS – French President Emmanuel Macron said Wednesday night he could not ignore the deep political divisions in the country as shown by the results of the legislative elections. In […]
Thousands march in Quito after night of Ecuador protest violence
Indigenous people march in downtown Quito, on June 22, 2022, on the tenth consecutive day of indigenous-led protests against the Ecuadorean government. (VERONICA LOMBEIDA / AFP) QUITO – Thousands of indigenous protesters held a peaceful march through Ecuador's capital, Quito, on Wednesday to demand that President Guillermo Lasso address price rises that have ignited 10 […]