ACN Newswire
Read More

KPMG report highlights fintech and digitalisation as growth drivers of Mainland China’s securities industry

indie
6 minutes

HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Capital market reforms are presenting opportunities for Mainland China's securities industry, with companies that embrace fintech and digitalisation best positioned for long-term growth, according to KPMG analysis. The 15th annual Mainland China Securities Survey analyses the industry based on the 2020 financial statements of 137 securities companies in mainland China. The report highlights the need for the securities industry to drive transformation by creating a customer-oriented ecosystem with other players in the capital market." Securities companies should focus on enhancing their wealth management capabilities by engaging in customer value mining, investment research and precision marketing. Meanwhile, achieving effective innovation by combining new technologies with actual business needs is one of the most important strategic issues facing industry participants. In addition, as China pursues a national strategic goal of hitting peak carbon dioxide emissions by 2030 and for carbon neutrality by 2060, environmental, social and governance (ESG) investment is rising up the corporate agenda and will present new opportun...

ACN Newswire
Read More

Nissin Foods Announces 2021 Interim Results

indie
7 minutes

HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited (the "Company" or "Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) has today announced its interim results for the six months ended 30 June 2021 ("the reporting period"). The PRC operations continued to perform well during the reporting period, while the Hong Kong operations were hard-hit by the high-base effect benefiting from the "stay-at-home" economy last year. Accordingly, the Group recorded a revenue of HK$1,853.8 million, representing a 6.8% growth year-on-year (2020: HK$1,735.4 million). It is primarily attributable to continuous revenue growth in the PRC operations, offset by the decrease in consumption in the Hong Kong operations. Gross profit was HK$592.3 million (2020: HK$588.0 million) with gross profit margin of 31.9% (2020: 33.9%), mainly attributed to the surge in raw materials prices, the decline in revenue from the Hong Kong operations and the lower contribution from the joint venture distribution business in Shanghai in the first year of its operations. The Group's EBITDA was HK$281.3 million (2020: HK$310.7 million), representing an EBITDA ...

SeaPRwire

Health Promotion Board extends mental health workshops to parents of secondary school children

aseanpr
2 minutes

SINGAPORE - Parents of secondary school students can tap a series of free online workshops to help enhance their children's mental health come October. Tender documents for the workshops, which are run by the Health Promotion Board (HPB) under the Colours Of The Mind initiative, were published on Aug 19. In response to queries from The Straits Times, HPB said parents will be equipped with skills to boost their children's mental well-being, social and emotional intelligence, as well as resilience. The programme incorporates age-appropriate messages and activities, it added. HPB will be working with schools and community partners to conduct the programme through online platforms. The programme was introduced in 2013 for parents of children aged two to six, and was later extended to parents of primary school pupils. The workshops will take up to 100 parents each, according to the tender documents. They will be run by two trainers with academic qualifications in early childhood education, counselling, psychology or social work. The sessions will cover topics such as the importance of talking to children about emotions, how to guide them in managing their feelings, and how parents also ...

SeaPRwire

Woman who had Covid-19 given 12 weeks’ jail for exposing others to infection risk

aseanpr
3 minutes

SINGAPORE - A woman who exposed others to the risk of Covid-19 infection after returning to Singapore from Britain last year was on Monday (Aug 30) sentenced to 12 weeks' jail. Esther Tan Ling Ying, who arrived here in March last year, tested positive for Covid-19 a week later. On Aug 16 this year, District Judge Ng Peng Hong convicted the 24-year-old Singaporean of an offence under the Infectious Diseases Act, after a trial. Tan began her bachelor's degree course in acting in London in 2017, but was back here last year before completing her studies, following an advisory by the Singapore Government to return. Prior to leaving Britain, she had flu-like symptoms and had lost her sense of taste and smell. She did not see a doctor there and instead chose to self-isolate until the day of her departure from London. Tan still had a blocked nose and no sense of taste or smell when she landed at Changi Airport Terminal 1 on March 23 last year. She was issued a stay-home notice (SHN) and an Immigration and Checkpoints Authority officer told her to go home immediately. She cleared immigration at about 2.40pm. But before heading home, she and her parents ate at the foodcourt in Terminal 1, sp...

SeaPRwire

$168m lost to top 10 scam types in first half of 2021; overall crime up by 11.2%

aseanpr
5 minutes

SINGAPORE - Scam victims lost $168 million to conmen in the top 10 scam categories in the first six months of this year, a sharp spike from $63.5 million in the same period last year. This comes on the back of a 16 per cent rise in the number of reported scam cases and a 11.2 per cent hike in overall crime, according to mid-year statistics released by the police on Monday (Aug 30). A total of 19,444 cases were reported between January and June this year, up from 17,492 in the same period last year. Scam cases climbed from 7,247 to 8,403. "Scammers are constantly evolving their tactics and have been taking advantage of the Covid-19 situation to prey on victims' heightened vulnerability and sense of uncertainty," said the police. In particular, loan scams had the highest number of reported cases among scam types, with $10.6 million cheated, compared with $5.6 million last year. The victims were mostly duped into providing personal information to supposed licensed moneylenders or banks. The scammers would ask them to pay a small percentage of the loan amount as administrative fees and become uncontactable after payment is made. E-commerce scams had the second highest number of reporte...

ACN Newswire
Read More

开拓药业公布2021年中期业绩和近期业务亮点

tallulah
1 minute

SUZHOU, CHINA, Aug 30, 2021 - (亚太商讯 via SEAPRWire.com) - 2021年8月27日，开拓药业有限公司（股票代码：9939.HK，以下简称“开拓药业”），一家以雄激素受体（AR）和肿瘤领域为核心的创新药研发企业，今日公布2021年中期业绩和近期业务亮点。开拓药业创始人、董事长兼首席执行官童友之博士表示：“2021年上半年，公司在社会各界的鼎力支持下，在研发创新、临床运营、商业化准备、资本市场等方面不断取得突破，特别是全球第一梯队的口服新冠治疗靶向创新药普克鲁胺获美国、巴西等多国的监管机构批准，在全球多国开展三项针对新冠的III期临床试验（全球多中心），并获巴拉圭授予首个紧急使用授权（EUA），迎来重大里程碑。展望未来，公司将继续保持研发优势，加速推进现有产品管线全球临床开发进度和合作，专注于临床价值，为广大患者探索新的治疗方案以及为股东不断创造价值。”普克鲁胺获得首个EUA普克鲁胺是新一代AR拮抗剂，自2020年初新冠疫情大流行以来，开拓药业迅速开启普克鲁胺用于新冠治疗的研究。普克鲁胺具有竞争抑制AR和下调AR表达的双重药物机制，能够有效降低新冠病毒入侵宿主细胞的两个关键蛋白——ACE2和TMPRSS2的表达，从而抑制病毒感染宿主细胞，切断病毒的复制繁殖，达到治疗目的。同时，普克鲁胺可以通过激活Nrf2通路，促进病原体的清除和炎症的消退，进而降低细胞因子风暴的强度，使重症新冠患者临床获益。截至目前，在P3实验室进行的体外研究表明，普克鲁胺能够有效抑制由Alpha和Delta变异株导致的感染。对巴西住院新冠患者的基因组测序结果表明，普克鲁胺能够有效治疗感染Gamma变异株的住院新冠患者。 开拓药业于2021年3月至6月先后取得美国食品药品监督管理局(FDA)、巴西国家卫生监督局(ANVISA)等多国监管机构同意或批准，正在全球开展普克鲁胺用于治疗非住院新冠患者的两项注册性III期临床试验(全球多中心)和一项用于治疗住院新冠患者的注册性III期临床试验(全球多中心)，包括美国、南美洲(含巴西)、欧洲和亚洲等国家和地区。 近期，巴拉圭国家公共卫生和社会福利部(MSPBS)授予普克鲁胺EUA，用于新冠住院患者的治疗。进一步丰富脱发和痤疮产品，解决“面子”问题面对越来越多的人饱受脱发、痤疮等“颜值”困扰，开拓药业进一步丰富了脱发和痤疮产品管线。目前，福瑞他恩治疗雄激素性脱发的中国II期临床试验正在进行数据分析，预计近期将公布初步数据。福瑞他恩治疗痤疮的中国I/II期临床试验已获国家药监局药品审评中心(CDE)批准，并于2021年4月16日完成首批受试者给药。2021年7月，美国FDA同意开拓开展福瑞他恩治疗雄激素性脱发的II期临床试验。 2021年4月和7月，开拓药业自主研发的新型靶向AR的蛋白降解嵌合体(PROTAC...

ACN Newswire
Read More

映客中期营收增长83.1% 社交产品矩阵构筑长足增长新态势

tallulah
1 minute

HONG KONG, Aug 30, 2021 - (亚太商讯 via SEAPRWire.com) - 映客互娱有限公司（「映客」或「公司」，连同其附属公司统称「本集团」，香港联交所股份代号：03700.HK）公告截至2021年6月30日止六个月（「报告期」）的经营业绩。报告期内，本集团业绩维持高增长，在去年同期高基数增长的前提下，今年上半年集团实现收入40.3亿元（人民币，下同），同比大幅上升83.1%。净利润为1.4亿元，同比增幅达94.3%。营收增长主要得益于社交产品矩阵收入占比持续攀升，推动营收规模的持续高速增长。期内，社交产品矩阵贡献收入26.9亿元，占报告期间收入66.7%，创历史新高。自制定矩阵式社交产品发展战略至今，映客已经成功从单一产品转型为矩阵式产品带动业绩增长的公司。同时，开海技术中台使得公司的商业模式可复制可持续，为公司未来发展提供强劲动力。映客将坚持技术引领，围绕矩阵式社交产品发展的核心战略，持续扩大在不同细分市场及垂直人群的产品布局，实施社交产品驱动、直播稳健发展、积极寻求新商业模式的运营方针，实现营收的持续、快速增长，打造最具影响力的全场景社交平台。互联网时代，用户对社交产品的内容、形式和体验都呈现出强烈的个性化需求。映客深入研究各类群体画像，通过音讯、视频等不同形式开发了几十款针对细分群体的社交产品，满足不同地域、年龄、兴趣爱好的用户相亲、交友、交流和分享需求。其中相亲产品「对缘」APP在行业已树立良好口碑，每月在线相亲场次超百万。95后新兴潮流社交产品「积目」APP始终位居兴趣社交平台榜单前列。直播产品「映客直播」APP依旧保持着十分旺盛的生命力和活力，通过技术升级、创新运营和加强体验实现收入与用户体量的稳健发展，为集团持续提供稳健且持续的现金流和流量基础。值得一提的是，近年来，集团对开海技术中台体系不断加大研发投入力度，依靠成熟的中台体系，集团能够以最高效率开发新产品、验证新需求、获取精准用户并快速实现商业化，为快速孵化新产品提供关键支持。除了不断丰富在线社交产品矩阵，集团于今年首次探索线下社交场景。为了满足用户的线下社交场景需求，集团于2021年7月在长沙开设了首家在线线下场景结合酒吧「ROOMUU」。除了通过运营手段实现在线线下流量互导外，线下场景更融入了差异化的潮流互动游戏及消费新玩法。集团期望在短时间内可以实现单店商业模型的快速复制，致力打通在线线下全场景社交场景，以全新社交场景模式助力本集团打造全新的增长曲线。展望未来，集团将贯彻矩阵式社交产品发展的战略理念，持续开发满足不同人群社交需求的新产品，通过扩张产品矩阵的形式覆盖更多用户和市场，实现营收持续快速增长。下半年，集团将着眼于探索新社交场景，致力于实现在线线下用户渗透，提高流量获取效率的同时，紧跟Z世代用户潮流，打造全场景社交平台，为集团业务增长提供新的助力...

SeaPRwire

36 charged over involvement in submission of $11.8 million worth of false claims to Iras

aseanpr
2 minutes

SINGAPORE - Thirty-six people have been charged in court over their involvement in the submission of $11.8 million worth of false claims to the Inland Revenue Authority of Singapore (Iras). These were submitted by various companies between 2014 and 2016 under the Productivity and Innovation Credit (PIC) Scheme, said the police on Monday (Aug 30). They were charged across two days - last Thursday and Friday. "These 36 persons are alleged to have either failed to exercise any supervision over the affairs of the companies in which they were directors, or to have abetted others to register as company directors who would have no involvement in supervising the affairs of the companies, or both," added the police. Six of them also face charges for intentionally perverting the course of justice by lying or instigating others to lie to the police during investigations. The police said three individuals in the group had earlier been charged with multiple cheating, money laundering and other offences related to the false PIC claims. The PIC scheme was introduced to encourage productivity enhancements in businesses. It ended in 2018. The scheme offers tax deductions or cash payouts to companie...

ACN Newswire
Read More

Kintor Pharma Announces 2021 Interim Results

indie
9 minutes

SUZHOU, CHINA, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Kintor Pharmaceutical Limited ("Kintor Pharma", HKEX: 9939), a clinical-stage biotechnology company developing innovative small molecule and biological therapeutics, today announced its 2021 interim results and released an update on its recent progress in clinical development, commercialization (including license-out and production capacity expansion), and activities in Hong Kong capital market.Dr.Youzhi Tong, Founder, Chairman, and CEO of Kintor Pharma, commented, "In the first half of 2021, Kintor Pharma has made great progress in areas including research, clinical operations, and business cooperation with reputable partners. More specifically, proxalutamide, an innovative androgen receptor antagonist for the treatment of COVID-19 infection, is in three phase III multi-regional clinical trials (MRCT) approved by regulators in the United States, Brazil, and other countries. Recently, in a major milestone, proxalutamide was granted its first emergency use authorization (EUA) by the Paraguay. Looking further out, our company is accelerating the global clinical development of existing products pipeline and remains focus...

ACN Newswire
Read More

Why Newborn Town is the best performing Chinese Internet company this year

indie
7 minutes

HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Newborn Town Inc. (9911.HK) released its 2021 Interim Financial Report on August 25, showing satisfactory business performance. In fact, Newborn Town has long been favored by the capital market, and experienced a large rise in share price of 15.8% on August 24.Newborn Town, after shifting its focus to social business in 2020, has achieved strong results in its business operations and aggressive acquisition and expansion strategies, acquisition of MICO and layout of mid- and hard-core games, leading to Newborn Town's impressive outperformance in its stock price in the past two years.It is not hard to understand why Newborn Town's stock price has increased sharply by 186% from HKD1.8 to HKD5.14 since the beginning of this year. It should be noted that Newborn Town has been leading the e-commerce and Internet sectors in the Hong Kong stock market, and therefore, is well-deserved as one of the best performing Hong Kong stocks this year.Newborn Town grows in line with the law of the Internet industryThere is a law in the Internet industry which was proposed by Robert Metcalfe, the inventor of the Ethernet, and was named after ...

ACN Newswire

Jinjiang, China: Speeding Up to Build the City of Sports

indie
4 minutes

Jinjiang, China, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - After the Tokyo Olympic Games, the Chinese sports delegation sent a letter of thanks to Anta, Shua, Joeone and other Jinjiang enterprises. From "Made in Jinjiang" focusing on livelihood products, to "Intelligent Manufacturing in Jinjiang" full of core scientific and technological competitiveness, Jinjiang brands have been continuously improving the scientific and technological value of China's sports equipment, and making breakthroughs and creating glory together with Olympic athletes.At present, Jinjiang fully implements the strategies of "healthy China", "sports power" and "national fitness", and takes the opportunity of holding major international events to fully promote the construction of a sports city.Jinjiang elements in the Olympic GamesIn the Tokyo Olympic Games, the Jinjiang brand and Olympic athletes shone together.Anta made high-tech "Champion Dragon Outfit" for Chinese sports delegations; Shua Sports provided a variety of professional training equipment for Chinese sports delegations; Joeone Group provided the entrance dress of the opening ceremony for the Chinese sports delegation - "a good start"; Gon...

ACN Newswire
Read More

Yang Xiaosong: The Institutional Investor’s Road to Carbon Neutrality

indie
7 minutes

BEIJING, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Yang Xiaosong, CEO of China Southern Asset Management Co., Ltd. ("Southern Asset Management"), was asked to deliver the keynote speech at the first ESG Global Leaders Summit on August 26 in Beijing, sponsored by Sina Finance ESG Channel and CITIC Publishing Group. The Summit presented an opportunity to meet with global regulatory, business, investment and academic circles to discuss the future of ESG. The topic Yang chose for his address was The Road to Carbon Neutrality for Institutional Investors.Faced with the increasingly severe challenges of the climate crisis, China made the solemn promise of "30.60 Carbon Peak and Carbon Neutrality" at the UN Climate Summit last year. As the world's largest developing country, China has actively promoted "carbon peak and carbon neutrality", which not only demonstrates the country's broad mind and responsibility, but also points out the direction for China's economic and social comprehensive green transformation and sustainable development."Carbon peak and carbon neutrality" will promote structural changes in the economy and society, including changes in energy structure, industrial s...

ACN Newswire
Read More

EEKA Fashion Announces 2021 Interim Results, Record-Breaking Sales and Profit Growth Driven by Multi-Brand Strategy

indie
4 minutes

HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - EEKA Fashion Holdings Limited (Ticker: 3709.HK, "EEKA" or "the Group") announced unaudited consolidated interim results for the six months ending on 30 June 2021 ("the period").In the first half of 2021, the Group's revenue increased 53.7% year-on-year to RMB3.08 billion. Gross profit was RMB2.26 billion, representing an increase of 53.3%. The gross profit rate was 73.5%. Net profit increased by 134.2% to RMB280 million (net profit was RMB330 million excluding share award scheme fees).Operational SummaryDuring the period, the Group recorded strong revenue growth by improving the operations of its offline retail channels and online e-commerce platforms. In terms of offline sales, the Group leveraged its retail channels, and achieved sales of RMB2.44 billion from its 1,490 retail stores in the first half of 2021. As for online sales, the Group has enhanced the operation of multi-e-commerce platforms, with Tmall, VIP.com and EEKA Fashion Mall as the key sales drivers. The revenue of e-commerce platforms increased by 41.7% to RMB386 million during the period, and the proportion of the Group's total revenue is increasing stead...

ACN Newswire
Read More

Infocus International Announces Brand New Online Workshop on Offshore Wind

indie
3 minutes

Singapore, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced a brand new online workshop - Offshore Wind and it will be commencing live on 26 October 2021. A comprehensive online course to one of renewable energy's fastest-growing sectors.This is a business-focused training seminar designed to provide business developers and investors with an accessible and concise, yet comprehensive understanding of the many facets of these capital-intensive and lengthy projects. Offshore wind projects are very different from their onshore cousins, both in terms of the components required and the project development and installation processes involved. From turbines and timescales to cabling and costs, the scales are often supersized - with clear economic and practical rationale for this.This course will lead attendees through the technologies, processes and financial return and risk considerations for those involved in offshore wind project development. Explanations will be provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean ener...

ACN Newswire
Read More

旭阳集团公布2021中期股东应占溢利飙升约381.7%至人民币16.9亿元

tallulah
1 minute

HONG KONG, Aug 30, 2021 - (亚太商讯 via SEAPRWire.com) - 全球最大的独立焦炭生产商及供应商，中国领先的精细化工产品综合生产商及供应商及相关运营管理服务提供商中国旭阳集团有限公司 （「旭阳集团」或「集团」；股份代号：1907）公布截至2021年6月30日止六个月（「报告期」）的中期业绩，盈力能力大幅提升，股东应占溢利飙升约381.7%至人民币16.9亿元，已是接近2020年全年溢利的水平，成绩亮丽。在2021年，集团保持去年的增长及扩张步伐，通过扩大自产，提供运营管理服务以及组建和收购不同实体的方式实现增长及扩张。截至2021年6月30日止六个月的收益增加121%至人民币18亿元，毛利率亦由去年同期的14%上升至18%。净利率大幅提升至9%。每股基本盈利为人民币40.79分，较2020年同期增加约375%。2021年上半年的经营业绩理想，为与股东分享成果，董事会决定宣派中期股息每股人民币12.30分，总额人民币546百万元。焦化行业盈利能力不断向好 规模优势凸显受惠于销售价格持续提升，来自焦炭及焦化产品生产业务的收益增加92%至人民币7,706百万元; 来自精细化工产品生产业务的收益亦上升88%至人民币5,507百万元。为把握市场商机，集团将持续升级改造内部项目，增强竞争力。报告期内，集团优化煤炭贮存，设立一间内部煤炭研究所，改善焦炭结构、混配准确度、混配成本等方面的煤炭混配情况。近期，集团为大型高炉定制了焦炭生产过程，并成功生产高质量的焦炭「旭阳一号」出售予客户，该客户经营2,000立方米的高炉，由此，集团将焦炭业务扩展至大型高炉领域。集团亦将提升精细化工产品设施的产能。除了2020年10月开始建设的年产300,000吨苯乙烯项目外，集团目前正在扩大中国河北及山东省园区的己内酰胺产能。同时，集团现正进一步优化及发展尼龙和聚苯乙烯等新精细化材料，将有望释放其高价值。通过收购兼并及托管运营进一步拓展业务版图透过扩充运营管理服务连同并购（包括成立合营公司），集团致力增加于独立焦炭市场及若干精细化工产品市场的市场份额。旭阳集团于2021年3月将焦炭运营管理服务扩展至中国山西省，负责向合作方按协议价格采购相关焦炭产品，再将焦炭产品出售予下游客户，并基于销量向对手方收取销售服务费。此外，于2021年5月集团与中国吉林省一名第三方焦炭生产商就年产量1,200,000吨焦炭及焦化产品订立另一份运营管理协议。截至2021年6月30日，旭阳集团共运营管理5家其他同行公司，有效提升集团整体盈利水平，同时拓展运营管理板块发展空间和品牌影响力。新拓展的氢能业务未来潜力巨大除河北定州外，集团亦拟积极参与位于内蒙古呼和浩特和河北邢台（中国其中两个氢能示范城市）的氢气工业化计划。集团矢志打造清洁及低碳氢气能源供应商。集团聚焦于京津冀地区的氢气...

ACN Newswire
Read More

China Risun’s 2021 Interim Profit Attributable to Owners Surges 381.7% to RMB1.69 billion

indie
6 minutes

HONG KONG, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - China Risun Group Limited ("China Risun", or the "Group", stock code: 1907), the world's largest independent producer and supplier of coke and a leading refined chemicals producer and supplier together with relevant operation management services provider in China, has announced its interim results for the six months ended 30 June 2021 ("the Reporting Period"). Profitability increased significantly with profit attributable to owners surging 381.7% to RMB1.69 billion, achieving an outstanding performance approaching the level of the full-year profit in 2020.In 2021, the Group has remained on its track in growth and expansion from last year, through expansion of self-production, provision of operation management services together with the formation and acquisition of different entities. Revenue for the six months ended 30 June 2021 was RMB18 billion, representing an increase of 121% period-on-period and gross profit margin increased from 14% in 2020 to 18% in 2021. Net profit margin rose significantly to 9%. Basic earnings per share of the Group was RMB40.79 cents, representing an increase of approximately 375% as compared w...

SeaPRwire

IPO markets in India, South-east Asia are booming as China deals slow

elean
5 minutes

HONG KONG (BLOOMBERG) - China's crackdown on technology companies is prompting global investors to look for new opportunities across Asia, contributing to a record jump in initial public offerings (IPO) from India to South Korea that shows few signs of slowing. Tech companies from those two countries and South-east Asia have raised US$8 billion from first-time share sales this year, already blowing past the previous annual peak. The tally is poised to get bigger with planned listings by companies including Indian fintech giant Paytm and Indonesian internet conglomerate GoTo, both of which may break local fundraising records. Long overshadowed by their Chinese peers, this new crop of startups is coming of age just as Beijing's clampdown puts a damper on listing and growth prospects in what had long been the region's hottest IPO market. The result, some bankers say, may be the start of a new era for tech listings in Asia. Investors are already boosting exposure to markets outside China, with some buying into IPOs from countries like India and Indonesia for the first time. Prospective issuers that historically benchmarked themselves against Chinese companies are now highlighting simil...

SeaPRwire

Avoiding three common biases in investment decisions

elean
1 minute

SINGAPORE - Getting your finances in order can be hard. Sometimes your emotions derail sound, rational assessment; at other times, you will need to do extensive research to be confident of the decisions you make. To complicate matters further, humans are also affected by cognitive biases - habits of thinking developed over many years that are hardwired into the brain and can give rise to errors of judgment. 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.

SeaPRwire

Singapore companies pivot to new businesses amid Covid-19 hit

elean
1 minute

SINGAPORE - Listed companies here have been venturing into new businesses since the pandemic hit, with the aim of generating additional streams of revenue. Metal Component Engineering (MCE), for example, has pivoted to telemedicine and healthcare, while nutritional food company NutryFarm International now exports durians from Thailand to China. 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.

SeaPRwire

After Fed chief’s dovish taper talk, eyes on US and China data

elean
1 minute

SINGAPORE - So the long awaited Federal Reserve Jackson Hole gathering has come and gone without causing major calamity to financial markets. At the closely watched symposium last Friday, chairman Jerome Powell indicated that the Fed taper - the pullback on the massive bond-buying programmes unleashed last year - will come before the year end. But he said interest rate hikes are not imminent as there is still "much ground to cover" before the United States economy hits full employment. 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.