SHENZHEN, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that it received written notice from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company has regained compliance with the […]
Shanghai, China, June 24, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Golden Sun Education Group Limited (the “Company” or “Golden Sun”) (Nasdaq: GSUN), a provider of tutorial services in China, today announced the closing of its initial public offering (the “Offering”) of 5,060,000 Class A ordinary shares at a public offering price of US$4.00 per Class […]
NEW YORK (NYTIMES) – Sado-monetarism is having a moment. And one of the biggest risks now facing the US economy is that it will have too much influence over policy. This term, by the way, was coined by William Keegan to describe Margaret Thatcher’s economic policies. But sado-monetarist has come to mean a person who […]
LONDON (BLOOMBERG) – In an office not far from the Houses of Parliament, Antony Jenkins is plotting the future of global banking. His ambition is to serve one tenth of the world’s population – or one billion people – by providing the technology behind everything from checking savings to loans. Mr Jenkins’ business, 10x Banking […]
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 […]
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 […]
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 […]
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 […]
People participate in the second March for Our Lives rally in support of gun control in front of the Washington Monument on June 11, 2022, in Washington. (GEMUNU AMARASINGHE / AP PHOTO) WASHINGTON – The US Senate took an initial step towards passing the country's first major gun-control legislation in decades on Tuesday, galvanized by […]
Freight cars stand on the railroad tracks of the freight station in Kaliningrad, Russia on June 21, 2022. (PHOTO / AP) UNITED NATIONS/MOSCOW – UN Secretary-General Antonio Guterres on Tuesday expressed grave concern about the current tension between Lithuania and Russia over Kaliningrad, said his spokesman. "We are, obviously, following these developments very closely in […]
President Joe Biden reacts when asked how he was feeling as he leaves St. Edmund Roman Catholic Church in Rehoboth Beach, Delaware, after attending a Mass, on June 18, 2022. (MANUEL BALCE CENETA / AP PHOTO) WASHINGTON – Republicans in Texas formally rejected President Joe Biden's election in 2020 as illegitimate and voted in a […]
Handout picture released by the Panamanian presidency showing Panama's President Laurentino Cortizo speaking during a ceremony at the Yellow Room of Las Garzas Presidential Palace in Panama City on June 20, 2022. (PANAMANIAN PRESIDENCY / AFP) PANAMA CITY – Panamanian President Laurentino Cortizo said on Monday he has been diagnosed with a rare blood disorder […]
SHENZHEN, China, June 23, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Fangdd Network Group Ltd. (“FangDD” or the “Company”) (Nasdaq: DUO) today announced that the Company had received a notification letter (“Compliance Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), dated June 22, 2022, indicating that the Company has regained compliance with the minimum bid price […]
SINGAPORE – While the risk of a recession in the United States keeps mounting, chances are that Singapore and most Asian economies will avoid a deep and prolonged downturn. A growing number of economists and policymakers worldwide now see higher odds of a recession in the US, and possibly in Europe as well, in the […]
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 […]
Shanghai, China, June 21, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Golden Sun Education Group Limited (the “Company” or “Golden Sun”), a provider of tutorial services in China, today announced the pricing of its initial public offering (the “Offering”) of 4,400,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary […]
New York City, NY, June 21, 2022 (SEAPRWire) – This month, Mokwheel has announced its highly anticipated Basalt Ebike line. The new electric bicycle line will be available in a step-over and step-through model, which are compatible with power inverters and batteries for the electric bike to use. The Basalt Ebike, in its entirety, holds […]
BEIJING, June 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Genetron Holdings Limited (“Genetron Health” or the “Company”, Nasdaq: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced that management will be participating in the virtual Goldman Sachs Healthcare […]
BEIJING, June 16, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Genetron Holdings Limited (“Genetron Health” or the “Company”, Nasdaq: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced that management will be participating in the virtual Goldman Sachs Healthcare […]