What is TRX? Everything You Need to Know about TRON

pandora 18 10 月

6 minutes

SINGAPORE, Oct 13, 2021 – (ACN Newswire) – Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we’ll be looking at TRON Network and its native coin, Tronix (TRX). A Brief Introduction to TRX and TRON Network TRON is a market-leading blockchain well-known for its large and highly active community of users and developers from all over the world, dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain operating systems in the world, adopts an energy efficient dPoS consensus mechanism to provide high throughput, high scalability, and high availability for decentralized applications in the TRON ecosystem through collaboration with key business partners including global tech giant Samsung, Opera, Poloniex, Swisscom Blockchain, and many more. Currently, the TRON-based TRC20 protocol hosts the largest circulation of stablecoin globally with nearly 36 billion USDT. Its native coin Tronix (TRX) can be used by content consumers to pay creators for in-game assets, or use as currency in gaming or to reward creators directly for their entertainment content or to purcha...

Eisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. Receive Positive EU CHMP Opinions for LENVIMA (lenvatinib) Plus KEYTRUDA (pembrolizumab) in Two Different Types of Cancer

ruth 18 10 月

14 minutes

TOKYO and KENILWORTH, N.J., Oct 18, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted positive opinions recommending approval of the combination of LENVIMA (marketed as Kisplyx in the European Union [EU] for the treatment of advanced renal cell carcinoma [RCC]), the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai, plus KEYTRUDA, the anti-PD-1 therapy from Merck & Co., Inc., Kenilworth, N.J., U.S.A., for two different indications. One positive opinion is for the first-line treatment of adult patients with advanced RCC, and the other is for the treatment of adult patients with advanced or recurrent endometrial carcinoma (EC) who have disease progression on or following prior treatment with a platinum-containing therapy in any setting and are not candidates for curative surgery or radiation. Decisions on the CHMP's recommendations will be given by the European Commission for marketing authorization in the EU, and are expected ...

Singapore-based operator to launch maiden data centre in Batam

elean 18 10 月

3 minutes

SINGAPORE - Data Center First, a Singapore-based company, announced on Monday (Oct 18) that it would launch its maiden data centre in the Indonesian island of Batam in order to strengthen connectivity and digital links between Singapore and the area. The data centre operator announced the 30 megawatt data centre would be housed in Nongsa Digital Park in Batam. This will make Data Center First the first international data centre operator to establish a presence on the island. Nongsa One - as the new data centre is called - is expected to be completed by the end of 2023. It will be designed and constructed to Uptime Tier III standards, which refer to the data centre's capability to maintain power and cool the facility. A tier III data centre requires no shutdowns when equipment needs maintenance or replacement. The company said in a press release: "The growing demand of Indonesian internet users driven by a more open and competitive telecommunications industry in Indonesia continues to attract foreign investment into Indonesia. "The US$40 million Phase 1 investment in Nongsa One DC campus from Data Center First will help to strengthen the connectivity and 'digital bridge' between Non...

Loh Boon Chye, CEO, Singapore Exchange (SGX): Strengthen market connectivity; support China’s internationalisation

indie 18 10 月

3 minutes

SINGAPORE / WUHAN, CHINA, Oct 18, 2021 - (ACN Newswire via SEAPRWire.com) - To achieve its Five-Year Plan, including its 'dual circulation' and 'new development' strategies, China has continued to promote innovation, digital trade, and sustainable development, making a significant difference in the global landscape. On 13 October, Loh Boon Chye, Vice Chairman of the World Federation of Exchanges (WEF) and CEO of the Singapore Exchange (SGX), delivered a video address at the "Digital Trade and Technology" thematic event during the 2021 Global Digital Trade Conference and the Wuhan (Hankoubei) Commodities Fair.Loh Boon Chye, Vice Chairman of WEF and CEO of SGX delivering his speech at the 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair thematic event "Digital Trade and Technology"As an international multi-asset exchange, SGX is a strong supporter of China's internationalisation efforts across equities, fixed income, currencies, and commodities, and ultimately its economic growth, as capital flows and trade flows are inseparably linked. Loh says that the defining trends of our time, whether in digitalisation or sustainability, are borderless, and collaborat...

2021 Global Digital Trade Conference hosts “Digital Trade and Technology” themed event

indie 18 10 月

5 minutes

WUHAN, CHINA, Oct 18, 2021 - (ACN Newswire via SEAPRWire.com) - The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair presented "Digital Trade and Technology", a thematic keynote event, on October 13 in Wuhan, Hubei Provence, China. More than 300 distinguished guests, including experts and scholars in the digital economy, shared new insights on digital trade under China's new "dual circulation" development strategy, and on the future of the global digital economy.The Main Conference Hall, 2021 Global Digital Trade Conference & Wuhan (Hankoubei) Commodities Fair, for the thematic keynote "Digital Trade and Technology", in Wuhan, Heibei Provence, on October 13. The event on-/off-line runs through October 26.Jiang Wei, Standing Committee-member Wuhan Municipal Party Committee and Vice-Mayor of Wuhan encouraging conference attendees to take advantage of digital trade development opportunities in Wuhan for new businesses and tech innovations.Organizer/host Qi Zhiping, CEO, ZALL Smart Commerce Group, joins entrepreneurs Qian Xiaojun, CEO, Beijing United Information Technology; Mu Xiaohai, Vice President, JD Cloud Business Group; Sun Wei, CEO, Shenzhen Sinoag...

New Zealand inflation surges to fastest pace in 10 years

elean 18 10 月

3 minutes

WELLINGTON (BLOOMBERG)- New Zealand inflation surged to the fastest pace in 10 years in the third quarter, reinforcing bets that the central bank will keep raising interest rates. The currency rose and bond yields climbed to the highest level in almost three years after data showed the annual inflation rate jumped to 4.9 per cent from 3.3 per cent in the second quarter. Economists had forecast 4.2 per cent. Consumer prices advanced 2.2 per cent from three months earlier, Statistics New Zealand said Monday (Oct 18) in Wellington, exceeding the 1.5 per cent median estimate. Policy makers worldwide are debating whether faster inflation is a temporary phenomenon linked to supply-chain disruptions during the pandemic or something more persistent. The Reserve Bank of New Zealand (RBNZ), which seeks to keep inflation around the midpoint of a 1-3 per cent target band, raised its official cash rate on Oct. 6 and signaled more increases are coming. That's despite a coronavirus outbreak that has kept largest city Auckland in lockdown for two months, curbing economic growth. "We can now see annual CPI inflation exceeding 5 per cent by the end of this year," said Mr Mark Smith, senior economist...

China Q3 GDP growth seen hitting one-year low, raising heat on policymakers

elean 18 10 月

3 minutes

BEIJING (REUTERS)- China's economy likely grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector. Data released on Monday is expected to show gross domestic product (GDP) grew 5.2 per cent in July-September from a earlier - the weakest pace since the third quarter of 2020 - weakening from 7.9 per cent in the second quarter, a Reuters poll showed. That would mark a further deceleration from 18.3 per cent expansion in the first quarter, when the year-on-year growth rate was heavily flattered by the very low comparison seen during the Covid-induced slump of early 2020. On a quarterly basis, growth is forecast to ease to 0.5 per cent in July-September from 1.3 per cent in the second quarter, the poll showed. The world's second-largest economy has rebounded from the pandemic but the recovery is losing steam, weighed by faltering factory activity, persistently soft consumption and a slowing property sector as policy curbs bite. "The potentially faster-than-expected economic slowdown, driven by energy shortage and the contagion effect ...

Bitcoin tops US$60,000, a six-month high, on US ETF expectations

elean 18 10 月

4 minutes

LONDON/NEW YORK/HONG KONG (REUTERS)- Bitcoin topped US$60,000 for the first time in six months on Friday, nearing its all-time high, as hopes grew that United States regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets. Cryptocurrency investors have been waiting for approval of the first US ETF for Bitcoin, with bets on such a move fuelling its recent rally. The world's biggest cryptocurrency rose to US$61,869.05, its highest since mid-April, and was last up 6.9 per cent at US$61,346. It has risen by more than half since Sept 20 and is closing in on its record high of US$64,895, hit in April. The US Securities and Exchange Commission (SEC) is set to allow the first American Bitcoin futures ETF to begin trading next week, Bloomberg News reported on Thursday. Such a move would open a new path for investors to gain exposure to the emerging asset, according to traders and analysts. "Crypto ETFs are inevitable. A product like this will eventually come to fruition since there is a demand for it," said Mr Chris Kline, chief operating officer and co-founder of Bitcoin IRA. "It seems clear that regulators wil...

PBOC’s Yi says China can ‘contain’ the risk from Evergrande

elean 18 10 月

3 minutes

LONDON (BLOOMBERG) - People's Bank of China (PBOC) governor Yi Gang said the authorities can contain risks posed to the Chinese economy and financial system from the struggles of China Evergrande Group. The property developer's trouble "casts a little bit of concern," Mr Yi said at a virtual meeting of the Group-of-30 on Sunday (Oct 17). "Overall, we can contain the Evergrande risk." Concerns have grown that the cash crunch at Evergrande is spilling over to other developers as Chinese President Xi Jinping maintains strict measures to cool the property market. Contagion fears intensified over the past two weeks after a surprise default by Fantasia Holdings Group and a warning from Sinic Holdings Group that its default was imminent. On Friday, PBOC official Zou Lan said that the authorities and local governments are resolving the situation based on "market-oriented and rule-of-law principles". Mr Yi said Evergrande's liabilities were spread across "hundreds" of entities in the financial system so that there is "not much concentration". "The rights and interests of creditors and shareholders will be fully respected in strict accordance with the law. And also the law has clearly indica...

Services resume after signalling fault disrupts Punggol LRT services

aseanpr 17 10 月

2 minutes

SINGAPORE - Train services on the Punggol LRT line were disrupted by a signalling fault on Sunday (Oct 17) morning. Rail operator SBS Transit said in a tweet at 12.14pm that even though services had resumed, free regular and bridging buses at affected stations would continue until further notice. In a subsequent tweet at 12.25pm, it added that bridging buses and free bus rides at designated bus stops had ceased. The disruption was first announced by SBS Transit in a tweet at 12.02pm. It apologised to all passengers for the inconvenience caused. Ms Diantha Chong, 24, a market research associate, was on her way to a fitness class when her train stopped. "My ride to Punggol MRT station is usually only 10 minutes. They said the delay would only be 15 minutes, but I was stuck on the LRT train for almost an hour and missed my fitness class," she said. "There were no clear instructions given during the disruption - it made me pretty upset as my fitness studio charges fees for missing classes," she added. The Straits Times has contacted SBS Transit for comment. Punggol LRT services have resumed since 12.04pm. Free regular and bridging bus services have ceased. We are very sorry. https://t....

New pill offers hope to patients with aggressive form of breast cancer

aseanpr 17 10 月

5 minutes

SINGAPORE - An orally consumed anti-cancer drug known as Bexarotene offers new hope to patients with triple-negative breast cancer (TNBC) - an aggressive form of breast cancer that appears more frequently among women below 40. This drug has been found to be able to tame highly aggressive and invasive breast cancer cells by converting them from a more aggressive cell state (mesenchymal) to a milder one (epithelial). Doing so primes the cancer cells to better respond to chemotherapy and allows for more effective elimination of the tumour and a lower chance of relapse. A three-year-long clinical trial to test this new method of treatment started last October. So far, four patients have been recruited for the trial. They intend to recruit 12 patients, but this can be increased to 20. Patients enrolled in the trial, named Bexmet, are given Bexarotene during a lead-in period of two weeks prior to the start of the treatment cycle. Each cycle comprises two weeks of taking the oral chemotherapy drug Capecitabine, followed by one week of Bexarotene. This cycle is repeated so long as the patient is responsive to treatment. Patients are expected to undergo a total of four biopsies of the tumou...

Russian billionaire eyes modular housing take-off

elean 17 10 月

1 minute

(BLOOMBERG) - Russian billionaire Sergey Gordeev, whose PIK Group surged nearly 140 per cent this year to become Europe's most valuable home builder, thinks his industry is due for a disruption or risks going the way of petrol-guzzling cars and brick-and-mortar stores. He has ambitions to transform his company, now worth about US$13 billion (S$17.5 billion), into a global leader in modular housing that can build towering apartment blocks in weeks and establish a platform that makes buying and renting apartments more like shopping for groceries online. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

These homes are built with big 3D printers

elean 17 10 月

1 minute

(NYTIMES) - Mr Pedro Garcia Hernandez is a carpenter in the south-eastern Mexican state of Tabasco, a rainforest-shrouded region of the country where about half of the residents live below the poverty line. The 48-year-old ekes out a living making about 2,500 pesos (S$168) a month from a tiny space inside the home he shares with his wife, Patrona, and their daughter, Yareli. The home has dirt floors and, during Tabasco's long rainy season, it's prone to flooding. Dust from the construction projects coats nearly everything in the home, clinging to the bedroom walls, the pump toilet and the counters of the makeshift kitchen. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Signs of severe overpricing in key US markets

elean 17 10 月

1 minute

(NYTIMES) - The prices of stocks, bonds and real estate, the three major asset classes in the United States, are all extremely high. In fact, the three have never been this overpriced simultaneously in modern history. What is happening isn't caused by any single objective factor. It may be best explained as a result of a confluence of popular narratives that have together led to higher prices. Whether these markets will continue to rise over the short run is impossible to say. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Secret listing fever amid US property boom

elean 17 10 月

1 minute

(NYTIMES) - As the frenzied real estate market in the United States approached a fever pitch, Ms Bridget Medina jumped into the fray. In doing so, she had a distinct advantage over other buyers in the market for a family home: a broker was showing her houses that had not been publicly listed. Pocket listings, the practice of brokers selling a home through private networks rather than on the open market, have skyrocketed during the pandemic. One analysis by brokerage Redfin put the increase at 67 per cent, and in some markets, it is estimated that as many as 20 per cent of all listings are now available only to buyers with the connections to hear about them in the first place. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

Is Okta the ultimate growth company?

elean 17 10 月

1 minute

Pick up Okta, Inc's latest annual report and on page 18 comes the warning that the company has a history of losses and these will continue in the foreseeable future. Another 26 pages down, it tells shareholders that it does not intend to pay dividends for some time to come. Yet, the San Francisco-based identity and access management company, whose business has got a dramatic boost with the shift to remote work, has a market capitalisation of US$39 billion (S$52 billion). As identity security emerges as a key battlefield in cyber security, Okta, which reported total revenue of US$567 million for the first half of fiscal year 2022 and expects to finish the year with more than US$1.2 billion revenue, projects this to rise to US$4 billion by 2026. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

FinTech Executives Boost Investor Confidence with NovationWire’s FinTech Distribution in USA

pandora 16 10 月

4 minutes

Los Angeles, CA, USA / NovationWire / FinTech shares soared as a result of the coronavirus pandemic. Investors will be closely monitoring the tech sector and C-suite FinTech executives will be looking to make every effort to boost brand perception. With NovationWire‘s FinTech Distribution Platform, FinTech leaders can effectively distribute their company news, updates and performance reports to the USA’s most-read FinTech media outlets and publications to effectively increase brand awareness. Via NovationWire’s USA press release distribution packages, executives and teams of FinTech companies can reach millions of potential USA readers by distributing company news on Yahoo Finance, Yahoo News, Bloomberg, BusinessInsider, Associated Press, advFN, MarketWatch, MarketScreener, FT.com, NASDAQ.com as well other popular USA FinTech websites available on-demand, such as Morning Star, Reuters, and The Street. “While there is a potential for strong government regulations in USA, looming over the tech sector in the months to come, there is also an opportunity for the firms to boost investor confidence through powerful FinTech campaigns,” said TY Song, NovationWire’s COO of USA Media Relation...

Visually impaired patients at SNEC can borrow assistive devices for free

aseanpr 16 10 月

3 minutes

SINGAPORE - Visually impaired patients at the Singapore National Eye Centre (SNEC) can now borrow assistive devices, such as text-to-speech magnifiers and Braille tablets, for free. This allows the patients to test the devices before deciding if they want to purchase them. It also helps to equip the patients with skills to use the devices as technology use becomes commonplace in the healthcare sector. SNEC's low vision clinic sees about 800 of such patients a year. The centre's medical director, Professor Wong Tien Yin, said doctors in the future are likely to use more digital solutions, such as wearables and home monitoring devices, to better care for patients. Speaking at a virtual launch of the loan library on Saturday (Oct 16), Prof Wong said: "Do our patients, particularly the elderly, have the necessary skills to... access these digital solutions? And I think this possible digital divide between the younger and the older people with visual impairment is something that we hope to bridge." About 1.5 per cent of Singaporeans have low vision, a form of visual impairment that cannot be improved with glasses, medication or surgery. A person with low vision can have a variable exten...

Better training, career progression for early childhood educators among new initiatives to boost pre-school quality

aseanpr 16 10 月

4 minutes

SINGAPORE - Efforts to lift the quality of pre-schools here will get a boost as improvements to training and career progression opportunities for early childhood educators were announced on Saturday (Oct 16). There will also be more support for kids from low-income families to encourage early pre-school enrolment and regular attendance. Minister for Social and Family Development Masagos Zulkifli announced the new initiatives at the Early Childhood Conference 2021 on Saturday and encouraged educators and pre-school operators to work together in training and development. He also launched the Skills Framework for Early Childhood following a review of the original 2016 version. The review was done by the Early Childhood Development Agency (ECDA), in collaboration with SkillsFuture Singapore, pre-school representatives and stakeholders. The new framework spells out the career pathways and competencies required for various job roles in the early childhood education sector. In particular, the career pathways have been expanded to reflect the potential progression and development available for educators teaching children in the younger age groups of two months to four years old, and the le...

Exits by S’pore electricity suppliers sparked by price volatility amid global energy crisis

aseanpr 16 10 月

6 minutes

SINGAPORE - The prospect of surging energy prices for the next few years and a severely diminished ability to effectively hedge against volatile conditions are what spurred the departure of two retailers from Singapore's open electricity market (OEM), experts said. Of the 10 remaining retailers, at least two others are set for the exit door. But the experts also said the ones still standing will likely be able to continue to offer savings on the regulatory rate set by the national grid operator SP Group, and that consumers would still stand to gain from competition in the sector. "While there have been signals for some weeks now regarding the global energy price crisis, and recognition that this will spill over into Singapore's domestic electricity markets, the recent events have still emerged as something of a surprise," said Dr David Broadstock, a senior research fellow at the National University of Singapore's Energy Studies Institute. "Such extreme and sudden choices are rare in most market contexts - it is essentially an overnight reorganisation of an industry." Singapore's fourth-largest retailer iSwitch, as well as Ohm Energy, announced their departures from the market just ...

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