Aurelius Technologies Berhad IPO Shares Oversubscribed by 20.27 Times
KUALA LUMPUR, Dec 7, 2021 – (ACN Newswire via SEAPRWire.com) – The shares of Aurelius Technologies Berhad (“ATech” or the “Group”) has been oversubscribed by 20.27 times ahead of the […]
Building Trust, Having a Strong Fundamental Business Model and Embracing Digital Solutions are among the Key Retail Trends and Innovations Highlighted at the Recent Asia Retail Leaders Conference 2021 Organised by SMU RCoE
SINGAPORE, Nov 19, 2021 – (ACN Newswire via SEAPRWire.com) – A total of 304 participants attended the Asia Retail Leaders Conference 2021 staged by the Retail Centre of Excellence at […]
Wall Street closes higher after positive data
NEW YORK (AFP) – Better-than-expected retail sales data and healthy earnings propelled Wall Street to a positive close on Tuesday (Nov 16), soothing traders who feared inflation would wreak havoc […]
Parkson Announces the Interim Results for the Period Ended 30 June 2021
HONG KONG, Aug 23, 2021 – (ACN Newswire via SEAPRWire.com) – Parkson Retail Group Limited (“Parkson” or the “Company”, with its subsidiaries collectively referred as the “Group”, HKEx stock code: […]
Weak US retail sales data ends streak of Dow records
NEW YORK (AFP) – Wall Street’s five-day streak of records ended with a thud on Tuesday (Aug 17) following a lacklustre US retail sales report that exacerbated worries about the […]
Robinhood surges 50% in frenzied trading, as investors scoop up ‘the meme of memes’
BENGALURU (REUTERS) – Shares of Robinhood Markets rose more than 50 per cent on Wednesday (Aug 5) during a wild trading session as investors scooped up shares after its underwhelming […]
Alibaba nears first big deal since record antitrust fine
HONG KONG (BLOOMBERG) – Alibaba Group Holding is poised to make its first major investment since it paid a record antitrust fine as part of a bruising crackdown on Jack […]
US retail sales fell in May in latest sign of bumpy recovery
WASHINGTON (NYTIMES) – Retail sales fell more than expected last month, the US Commerce Department reported on Tuesday (June 15), a sign of the uneven recovery of the American consumer […]
Corporate America starts paying attention to retail investors
(NYTIMES) – After CarParts.com reported its quarterly results recently, executives at the company, which sells replacement car parts, did something rather unusual. They hosted a virtual meeting with about 2,000 […]
Frasers shopping centre in Melbourne achieves sustainability certification
SINGAPORE – A mixed-use project developed by Frasers Property Australia has won praise for its high level of sustainability. Burwood Brickworks in Melbourne has achieved the Living Building Challenge Petal […]
Citi retail units seen fetching US$6 billion as sales kick off
(BLOOMBERG)- Citigroup could fetch as much as US$6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the […]
Citi’s new CEO taps familiar strategy with retail banking exits
NEW YORK (BLOOMBERG) – As Citigroup simplifies its sprawling businesses, new chief executive officer Jane Fraser is reaching for a familiar playbook: her own. Ms Fraser, who rose to the top […]
Robinhood, at the heart of retail trading frenzy, files for IPO
BENGALURU (REUTERS) – Robinhood Markets, the online brokerage at the centre of the historic retail trading frenzy that gripped Wall Street this year, has confidentially submitted plans to regulators for […]
Parkson Announces the Annual Results for the Year Ended 31 December 2020
HONG KONG, Feb 23, 2021 – (ACN Newswire) – Parkson Retail Group Limited (“Parkson’ or the “Company”, with its subsidiaries collectively referred as the “Group”, HKEx stock code: 3368.HK), the […]
GBA Welcomes Venture Investment Platform DAO Maker as New Corporate Member
Washington, D.C., Feb 19, 2021 – (ACN Newswire) – The GBA has added another valuable corporate member to their growing network. DAO Maker, DAOETH, is a venture investment platform for […]
GameStop unraveling quickens, pushing weekly collapse past 80%
NEW YORK (BLOOMBERG) – GameStop capped another day of heavy losses on Thursday (Feb 4), pushing its collapse past 80 per cent this week as retail traders flocked to other […]
S&P 500 posts biggest gain since Nov 24, led by gains in tech shares
NEW YORK (REUTERS) – The S&P 500 registered its biggest daily percentage gain since Nov 24 on Monday (Feb 1) after a steep sell-off last week, and technology-related shares led […]
GameStop: US senators call for action against hedge funds as Wall Street braces for more market mayhem
WASHINGTON (AFP, REUTERS) – Progressive US senators Bernie Sanders and Elizabeth Warren called on Sunday (Jan 31) for action against what they said were the Wall Street abuses by hedge […]
GameStop frenzy has spread to Asia
SINGAPORE (REUTERS) – Asia’s retail investors, emboldened by the meteoric rise of US videogame retailer GameStop, are taking on short sellers and making their brokers nervous enough to cut off […]