With latest rate hike, US Fed signals willingness to accept recession to crush inflation

HOUSTON – Federal Reserve officials gave their clearest signal yet that they’re willing to tolerate a recession as the necessary trade-off for regaining control of inflation. Policy makers, criticised for being too late to realize the scale of the US inflation problem, are moving aggressively to catch up. They raised interest rates by 75 basis […]

Big finance on the tail of buy-now-pay-later tech mavericks

Tech mavericks who made buy-now-pay-later (BNPL) an option for shoppers worldwide are grappling with mounting losses and investor scepticism. Now big finance is on their tail. British retail giants NatWest Group, HSBC Holdings, Barclays and Virgin Money as well as Visa and Mastercard have launched new ways to spread the cost of purchases for their […]

Seedify successfully launches its NFT token during the bear market

VICTORIA, SEYCHELLES, September 09, 2022 – (SEAPRWire) – On 31st August 2022, Seedify, one of the biggest launchpads within the crypto sector, released $SNFTS – the Seedify NFT Marketplace token. Seedify is one of the crypto industry’s leading notable launchpads and incubators. They empower innovators and project developers through access to funding, community and partnership building, and a complete […]

AscendEX Announces Revamped Earn Platform

New York, NY, September 08, 2022 – (SEAPRWire) – AscendEX, a leading global cryptocurrency exchange, is excited to announce the overhaul of its native earning platform, AcendEX Earn, including increased yields on 100+crypto assets such as BTC, ETH, USDT, and CRV. The updates are inspired by AscendEX’s ongoing commitment to offering everyone, from the novice investor to the […]

Preferred Partners Announces Latest Executive Appointment

Taipei, Taiwan, September 08, 2022 – (SEAPRWire) – Preferred Partners the Taiwan based international brokerage firm has today announced the appointment of Samuel Lee as the vice president of new partnership acquisitions and development of partnerships at their Taiwan office, effective the 12th of September 2022. “Mr.Lee’s years of contributions to the success of Preferred Partners have not gone […]

Forbes’ 50 richest in S’pore: Inflation, tech stock sell-off hit tycoons’ wealth

SINGAPORE – Surging inflation has not left Singapore’s billionaires unscathed, with their collective wealth dropping by more than 20 per cent this year, a study has found. Forbes’ 2022 list of Singapore’s 50 richest people showed on Thursday that the combined wealth of Singapore tycoons amounted toUS$164 billion ($230.5 billion), down from US$208 billion in […]

Where Asia’s rich are putting their cash as global risks grow

SINGAPORE – With growing concerns over rising inflation and market volatility, Asia’s wealthy are turning cautious. People with more than US$1 million (S$1.41 million) of investable funds are repositioning towards private markets to shield their assets from market volatility, according to Lombard Odier’s 2022 study about high net-worth individuals in Asia Pacific, including Singapore, Hong Kong […]

Scalable Solutions Introduces New Program, Helping Customers Perfect Their Trading Platforms

Scalable Solutions reveals their approach to customer success management, its impact on the success of cryptocurrency exchanges working with them and what sets them apart as a white-label technology company.  New York, NY, September 06, 2022 – (SEAPRWire) – Scalable Solutions is proud to announce the launch of their latest program which will help customers perfect their trading […]

Avance Clinical Announces North American CRO Acquisition to Expand Later Phase Services for Biotechs

SYDNEY, AU, Sep 6, 2022 – (ACN Newswire via SEAPRWire.com) – Avance Clinical, the Australian CRO for biotechs, has expanded into North America with the acquisition of CRO partner company C3 Research Associates, enabling biotech clients a seamless journey from early phase to later phase studies. Avance Clinical has backing from private equity group Riverside […]

askST: What is a digital bank and how do their offerings differentiate them from traditional ones?

SINGAPORE – Two new digital banks have just opened for business here amid heightened competition among local and foreign lenders and fintech service providers despite slowing economic growth. Policymakers still see more room for new digital bank entrants following the arrival of GXS Bank and Trust Bank this week. The Straits Times explains why.

US businesses in China name zero-Covid-19 policies as their top concern, survey finds

WASHINGTON – China’s zero-Covid-19 policy was the top concern last year for American companies in the country, and their optimism about the world’s second largest economy has fallen to a record low, according to an annual survey out on Monday (Aug 29). Beijing’s pandemic policy also displaced tensions between the United States and China to […]

GamesCoin Group’s Gaming Revolution is Moving Ahead at an Unstoppable Pace

BERLIN, Germany, Aug 23, 2022 – (ACN Newswire via SEAPRWire.com) – Their worldwide promotional roadshow “MOMENTUM” will be continued as part of Gamescom in Cologne – the gaming metaverse will be presented at the exhibition. Alex Suárez, CEO & Founder, GamesCoin Group Key highlights:– GamesCoin Group has built the first ‘Play to Own’ Metaverse Platform […]