Tech pulls Nasdaq, S&P 500 down as Treasury yields rise
NEW YORK (REUTERS) – The S&P 500 and Nasdaq indexes ended lower on Monday (Sept 27) with investors pivoting to value as tech shares, hurt by rising Treasury yields, weighed […]
Hyundai scion Chung turns to leveraged buyouts for green impact fund
SEOUL (BLOOMBERG) – In the world of finance, leveraged buyouts are sometimes seen as controversial – the domain of fictional villain Gordon Gekko from “Wall Street” – where firms borrow […]
Wall Street bounces back as key data loom
NEW YORK (AFP) – US shares rebounded after a negative week, closing Monday’s (Sept 13) session higher as investors await key economic data and a Federal Reserve meeting in coming […]
How Evergrande’s debt delinquency could play out: Best and worst-case scenarios
HONG KONG (BLOOMBERG) – China Evergrande Group may undergo one of the country’s biggest-ever debt restructurings, if the developer’s distressed-level bond prices are any indication. It’s “almost unavoidable”, said Nomura […]
US stocks end mixed amid contradictory economic signs
NEW YORK(AFP) – With US and global economic data sending differing signals as the surge of Covid-19 infections continues to take a toll on the recovery, Wall Street equities ended […]
Temasek-backed ride-hailing firm Ola said to pick banks for US$1 billion India IPO
MAHARASHTRA (BLOOMBERG) – Ride-hailing startup Ola has selected banks including Citigroup Inc. and Kotak Mahindra Bank Ltd. to manage its Mumbai initial public offering that could raise about US$1 billion, […]
NextPlay Technologies Enters into Agreement to Acquire Crypto Technology from Token IQ to Enhance Fintech and ICO Portal Offerings
SUNRISE, FL, Aug 25, 2021 – (ACN Newswire via SEAPRWire.com) – via NewMediaWire – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and […]
NextPlay Technologies Enters into Agreement to Acquire AI-Powered Video Game Development Technology from Fighter Base Publishing, Inc.
SUNRISE, FL, Aug 23, 2021 – (ACN Newswire via SEAPRWire.com) – via NewMediaWire – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and […]
US Fed officials expect to pull back on stimulus in 2021
WASHINGTON (AFP) – US central bankers expect to start pulling back on stimulus measures this year, if the economic recovery continues, according to the minutes of the July policy meeting […]
Submerged sensors to control wearable electronics
TSUKUBA, Japan, Aug 18, 2021 – (ACN Newswire via SEAPRWire.com) – Flexible and waterproof sensors that could unlock new applications for wearable electronics have been developed by scientists in Korea. […]
NextPlay’s HotPlay In-Game Advertising Platform Teams with Mediakeys to Accelerate Global Expansion
SUNRISE, FL, Aug 10, 2021 – (ACN Newswire via SEAPRWire.com) – via NewMediaWire – NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and […]
The national flag could have been blue: A look at the history of 7 Singapore symbols
SINGAPORE – The Citizens’ Workgroup for National Symbols recently reviewed how seven markers of national identity could be used and celebrated. Insight looks at their origins and evolution. Please subscribe […]
From Red Gold to Olympic Gold: Seedo Corp. Seeks Solutions for Athletes and More
Seedo Corp. highlights saffron’s medicinal properties as mental health takes center stage at the Olympics in Tokyo. Tel Aviv, Israel, Aug 4, 2021 – (ACN Newswire) – Seedo Corp. (http://saffron-tech.ag) (OTC: SEDO), an agtech […]
Population census: Higher incomes in Singapore, but mind the job and wealth gap
SINGAPORE – In 2000, the biggest proportion of resident households – 28.5 per cent – could be found in the $1,000 to $2,999 bracket of monthly income from work. Ten […]
Bitcoin sinks further as analysts point at looming technical breakdown
NEW YORK (BLOOMBERG) – Bitcoin slumped to a two-week low, with analysts pointing to a technical breakdown as well as the recovery of Colonial Pipeline’s ransom as evidence that crypto […]
Jail for woman who cheated victim of nearly $50k after claiming she could help her find a husband
SINGAPORE – A woman who cheated her mother’s 56-year-old friend of nearly $50,000 after claiming that she could help her find a husband through religious rites was sentenced on Monday […]
Cleaners in high-risk sectors prioritised for Covid-19 vaccines amid growing number of cases
SINGAPORE – Cleaners deployed to higher-risk areas, such as airports, are being prioritised for Covid-19 vaccination, while other cleaners have been encouraged to get their shots, amid a growing number […]
Higher demand for childcare, maids and gadgets in S’pore as more people return to workplace
SINGAPORE – When Ms Pamela Wah, 26, heard that she could return to the workplace from last Monday, she immediately ordered a portable breast pump costing $92. The accounts manager […]
Allianz studying counter offer for Hartford after Chubb’s US$23b bid
FRANKFURT (BLOOMBERG) – Chubb’s US$23 billion (S$31 billion) takeover offer for Hartford Financial Services Group has prompted Germany’s Allianz to study the feasibility of a counter offer, according to people […]
Dovish Fed standing firm on inflation fears
WASHINGTON (AFP) – Skittish investors have see-sawed between celebration about the expected US economic recovery and nail-biting over a possible price spiral, but the Federal Reserve is standing firm on […]