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TheCapitalNet appoints Privity FZ LLE to expand MENA footprint

DUBAI, UAE, Aug 2, 2021 - (ACN Newswire via SEAPRWire.com) - TheCapitalNet (TCN), a SaaS company driving digital transformation in the Private Investment, Innovation, and Startup ecosystem globally, today announced that it has appointed Privity FZ LLE, an independent venture-focused advisory firm in the UAE, to bring the TheCapitalNet ecosystem to stakeholders across MENA, powered by Privity's strong presence and understanding of the ecosystem and the region.The MENA region is well placed on the digital transformation curve, backed by a growing investment landscape (know more about the investment landscape of MENA on TheCapitalNet TV [https://tv.thecapitalnet.com/tv/559544556]). The partnership aims to bring efficiencies and intelligence to stakeholders in the ecosystem provided for by the suite of products offered by TheCapitalNet.Startups, Innovation, and InvestmentTheCapitalNet products are used globally by Venture Capital firms, Private Equity funds, Angel Investors and networks, and family offices (TheInvestorNet); Incubators and Accelerators (TheIncubatorPro); Startups and Aspiring Entrepreneurs (TheBizPlanner) in many countries across the world, helping users attain a high d...

Singapore firms offer solutions to region’s demand for sustainability

SINGAPORE - Climate change, record-high temperatures and deadly heatwaves are making air-conditioning a necessity rather than a luxury in many places around the world. But air-conditioners are energy guzzlers and a major source of waste heat in urban areas, creating a vicious cycle and a dilemma for eco-conscious consumers. 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.

Singapore team finds drug cocktail effective against Covid-19 Delta variant

SINGAPORE - Researchers here have found a combination of drugs which can be used to treat Covid-19 patients with mild to moderate disease. The drug cocktail has also shown promising results in terms of effectiveness against the Beta and Delta variants of the virus. A team led by Professor Dean Ho, director of the National University of Singapore's Institute for Digital Medicine, had used an artificial intelligence (AI) platform and live virus testing to derive an optimal combination of drugs with the correct dosages to treat Covid-19. The team had collaborated with DSO National Laboratories to set up the platform last April. Prof Ho said drug dosing requires a level of precision that cannot be arbitrarily derived - an issue which AI seeks to address. The platform, named IDentif.AI, had identified antiviral drug remdesivir, together with lopinavir and ritonavir, which are drugs used to treat patients with human immunodeficiency virus (HIV). However, despite being effective, not all of the drugs were readily available or could be easily administered at home. For instance, remdesivir has to be administered via intravenous (IV) drip in hospitals, making it challenging to use in a commu...

More young people jumping aboard the cryptocurrency train despite risks

SINGAPORE - When 21-year-old student Yong Jun put $2,800 into Ethereum in February this year, he did so with the view that it would be a long-term investment. He was soon put to the test. In March, a digital art piece was sold as the world's most expensive non-fungible token for around 38,000 Ether, worth about US$69 million (S$93 million). The rally on Ethereum that followed saw his investment, in slightly over one Ether, balloon to around $5,800 on paper but he held on. 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.

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5 celebrities who spoke out about their mental health struggles

SINGAPORE - United States gymnast Simone Biles' departure from the team competition was applauded by many for shedding light on the importance of mental health. Cha Hae Won lists five personalities who have similarly opened up about their mental health struggles. 1. Michael Phelps PHOTO: AFP Considered by many as one of the greatest swimmers of all time, the Olympic champion struggled with depression and anxiety in the past. He now spends his post-Olympic life raising awareness about mental health. 2. Adele PHOTO: AFP The Grammy-winning singer revealed in 2016 that she battled postnatal depression after her son's birth, opening up about a subject that many mothers have experienced. 3. Billie Eilish PHOTO: REUTERS Revealing her struggles with her newfound fame and body image, the singer has been vocal about her battle with depression, encouraging fans to reach out to others struggling with mental health issues. 4. DeMar DeRozan PHOTO: AFP The American basketball player revealed in 2018 that he had suffered from depression in the past. He is vocal about the need to have broader conversations about a person's mental well-being. 5. Ariana Grande PHOTO: REUTERS The singer opened up abou...

Is it time to buy Chinese stocks?

SINGAPORE - China's stock markets went on a roller coaster ride recently after the government announced its toughest-ever curbs on the online education industry and issued a series of other rulings governing property management and food delivery companies. Speculation that the US may restrict investments in China and Hong Kong amid a growing political and economic rift between the two countries also contributed to the selling. 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.

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Eisai and Biogen Present Preliminary Assessment of the Clinical Effects of Lecanemab (BAN2401)

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. and Biogen Inc. today announced results of a longitudinal preliminary assessment of the clinical effects of lecanemab (development code: BAN2401) -- granted Breakthrough Therapy designation by the U.S. Food and Drug Administration (FDA) in June 2021 -- following 18 months of treatment in the open-label extension (OLE) of the Phase 2b proof-of-concept study in subjects with early Alzheimer's disease (AD) (Mild Cognitive Impairment [MCI] due to AD and mild AD) at the Alzheimer's Association International Conference (AAIC) held in Denver, Colo., United States and virtually from July 26 to 30, 2021 (Presentation No.: 57780).Lecanemab Study 201 and OLELecanemab is an investigational humanized monoclonal antibody that preferentially binds to soluble amyloid- beta (Aβ) aggregates (protofibrils). Lecanemab reduced brain Aβ and slowed clinical decline in an 18-month Phase 2b proof of concept study (Study 201, n=856) in early AD (Alz Res Therapy 13; 2021). After analysis of the core study, there was an off-treatment gap period of 9-59 months (period of time between the last dose of lecanemab in the cor...

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Biogen and Eisai Announce Design of ADUHELM ICARE AD-US Study, the First Real-World Observational Phase 4 Study in Alzheimer’s Disease at AAIC 2021

TOKYO, Jul 30, 2021 - (JCN Newswire via SEAPRWire.com) - Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo) today announced that Biogen led a late-breaking presentation on the design of the first real-world observational Phase 4 study in Alzheimer's disease called ICARE AD-US, at the Alzheimer's Association International Conference (AAIC), being held both virtually and in Denver, Colorado from July 26 - 30, 2021. ICARE AD-US, a prospective study of ADUHELMTM (aducanumab-avwa) 100 mg/mL solution for injection, is designed to collect real-world, long-term effectiveness and safety data on ADUHELM. The virtual oral session (#57522) was titled, "ICARE AD-US: design of a prospective, single-arm, multicenter, noninterventional real-world study of aducanumab in United States."ADUHELM is indicated for the treatment of Alzheimer's disease. Treatment with ADUHELM should be initiated in patients with mild cognitive impairment or mild dementia stage of disease, the population in which treatment was initiated in clinical trials. There are no safety or effectiveness data on initiating treatment at earlier or later stages of the disease than were studied. This indication is approved under accelerat...

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DigiMax Continues Global Marketing Expansion into Asia with Signing of Collaboration Deal in Korea

TORONTO, ON / ACCESSWIRE, Jul 30, 2021 - (ACN Newswire via SEAPRWire.com) - DigiMax Global Inc. (the "Company" or "DigiMax") (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence ("AI") and cryptocurrency technology solutions, is pleased to announce that it has signed a marketing collaboration deal with The Wing Corp. ("Wing") based in Seoul Korea.CryptoHawk is an Artificial Intelligence-driven, price-trend prediction tool that can be profitably used by any investor interested in trading Bitcoin or Ethereum. The tool is different as it uses AI and machine learning to capture profit from the volatility of cryptocurrencies rather than incur the risk of buy-and-hold investments. As previously announced by the Company, in its first full month of operation in June 2021, CryptoHawk signals achieved a long-short return on BTC of more than 25% compared to a buy-and-hold return for the same period of a loss of 10%. In both up and down markets, CryptoHawk has the potential to deliver subscribers much higher returns when trading.Wing is a market-leading influencer in blockchain and cryptocurrency in Korea, which they reference as the core of 'the 4th industrial revolution'. W...

Facebook doubles profit, but sees cooling growth from regulatory actions

SAN FRANCISCO (AFP) - Facebook on Wednesday (July 28) reported its profit doubled in the recently ended quarter as digital advertising surged, but warned of cooler growth in the months ahead in an update which sent its shares sinking. Profit jumped to US$10.4 billion (S$14.1 billion) on revenue of US$29 billion, a 56 per cent increase from last year, mainly from a jump in ad revenues, Facebook said in its second quarter report. The number of people using the social network monthly climbed to 2.9 billion, a year-on-year gain of 7 per cent. And some 3.5 billion people used at least one of the company's apps including Instagram, WhatsApp and Messenger. "We had a strong quarter as we continue to help businesses grow and people stay connected," Facebook chief executive Mark Zuckerberg said in an earnings release. However, Facebook shares slipped some 4 per cent as the tech giant warned that growth was expected to slow due to regulatory actions and a tweak to the Apple iPhone operating software that could hurt its ad targeting. "We continue to expect increased ad targeting headwinds in 2021 from regulatory and platform changes, notably the recent iOS updates," Facebook said in the earnin...

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Moonstake Integrates Muse Finance for MUSE Lockdrop and Advanced DeFi Connectivity

SINGAPORE, Jul 28, 2021 - (ACN Newswire via SEAPRWire.com) - Moonstake is pleased to announce that we've integrated our DeFi application partner, Muse Finance (shortened as Muse), into the Web Wallet to bring advanced DeFi connectivity to our platform. This means that directly through the Moonstake wallet interface, you can now participate in Muse's current lockdrops and use the DeFi applications that Muse plans to implement in the future. This will be the first time in the world that Muse will be integrated. Since the announcement of our joint entrance to DeFi in March 2021, we have been working together closely to develop and promote high-quality DeFi products that aim to resolve staking illiquidity.Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake's total staking assets have grown rapidly to reach $1 Billion, allowing Moonstake to become one of the top 5 staking providers globally. Currently, Moonstake supports 12 high-de...

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Biogen and Eisai Announce ADUHELMTM (aducanumab-avwa) Data Presentations at Alzheimer’s Association International Conference 2021

TOKYO, Jul 27, 2021 - (JCN Newswire via SEAPRWire.com) - Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo, Japan) today announced that Biogen, as part of its Alzheimer's disease (AD) research portfolio, will contribute four virtual posters that showcase data from its clinical trials with ADUHELM (aducanumab-avwa) injection 100 mg/mL solution at the Alzheimer's Association International Conference (AAIC), being held in Denver, Colo. and virtually from July 26-30, 2021,ADUHELM was recently granted accelerated approval by the U.S. Food and Drug Administration (FDA) as a treatment for Alzheimer's disease. Treatment with ADUHELM should be initiated in patients with mild cognitive impairment or mild dementia stage of disease, the population in which treatment was initiated in clinical trials. There are no safety or effectiveness data on initiating treatment at earlier or later stages of the disease than were studied. This indication is approved under accelerated approval based on reduction in amyloid beta plaques observed in patients treated with ADUHELM. Continued approval for this indication may be contingent upon verification of clinical benefit in confirmatory trial(s).The accelerate...

NFT Collectible “God Temple” Launches Public Sale, Introduces Play-to-Earn Game Model with Comic Artist Pat Lee’s Artwork

HONG KONG, Jul 26, 2021 - (ACN Newswire via SEAPRWire.com) - God Temple, an NFT collectible platform, has introduced the gamification model for its limited-edition art collection collaborated with comic artist Pat Lee, who did stints with DC and Marvel comics.Users of the platform will be able to play against other users or computer-controlled players through God Temple's global matching system. It will be a Play-to-Earn model utilizing both the platform's native token (MYTH) and the game token (SOUL), which are necessary for players to start a game. At God Temple, players can hold the Greek god NFT and play as the mythical characters such as Zeus, Athena, and Hades, illustrated by renowned comic artist Pat Lee. The winner in the duel will receive a game token (SOUL) as a prize, which will be tradable on secondary markets.The public sale of God Temple's native token (MYTH) will commence on 2nd August on Balancer Liquidity Bootstrapping Pool to make it accessible in a fair, linear, and decentralized manner. The sale supply will be 1,000,000 MYTH and the sale will last for 48 hours and will officially conclude on 4th August. The Balancer sale will have a MYTH-USDC pool during the tok...

Special edition National Day ez-link cards depicting Singaporeans’ pandemic resilience to go on sale on Friday

SINGAPORE - A set of two limited-edition ez-link cards, which will go on sale on Friday (July 30) to commemorate Singapore's 56th birthday, will allow buyers to tap a feel-good mood of optimism and positivity. Local artist Lee Kow Fong, 50, more commonly known as Ah Guo, designed and illustrated the cards, which showcase Singaporeans' spirit of resilience during the challenging pandemic times and the hope of emerging stronger. There are two designs in each set. The Vibrant Future one depicts children at play, a reflection of Ah Guo's aspiration for the future generation to grow up with optimism and happiness. The Higher We Go design, set in the heartland, captures people celebrating National Day, with a young father lifting his daughter up - symbolising Singapore's future potential. Card issuer EZ-Link partnered with Ah Guo to feature the two designs in line with the theme for this year's National Day - Together, Our Singapore Spirit. The artist came to fame during the circuit breaker last year for his designs and illustrations of everyday scenes and people. "I have always wanted to use my art as a means to inspire people, and help them stay calm and positive," he said in a stateme...

Credit Suisse settles spying case with former wealth chief Khan

(BLOOMBERG) - Credit Suisse Group said it reached a settlement with its former wealth-management executive Iqbal Khan and a private detective firm, calling to a close a spying scandal that rocked one of Europe's biggest lenders and ultimately led to the ouster of its chief executive officer Tidjane Thiam last year. "All involved parties have agreed to settle, and this matter is now closed," a spokesperson for the bank said on Sunday, confirming that it had reached a settlement with Khan, his wife and the private detective firm Investigo. No further details were disclosed. A probe by Swiss financial regulator, Finma, over the company's surveillance activities is ongoing. In 2019, Credit Suisse hired a private investigator to spy on Khan, once seen as a potential successor to the CEO before defecting to rival UBS Group. The incident culminated in a physical confrontation in downtown Zurich between Khan and the men who followed him, shaking Switzerland's financial world and setting off investigations by Zurich's prosecutor and the company's board of directors. The settlement would close a chapter for Credit Suisse as it seeks to move past a string of recent scandals. It faces an exodu...

Markets ride on optimism, liquidity after virus fears

SINGAPORE - Several weeks ago, I suggested that markets would remain volatile as sentiment swings between fear and greed. Sure enough, after a massive plunge last Monday over fears of Covid-19 resurgence and its more contagious Delta variant, markets bounced back by mid-week, fanned by optimism, opportunism and ample liquidity. The benchmark Straits Times Index (STI) did a 2.6 percentage point flip between its Monday lows and Thursday highs, before closing little changed on the week with a 0.2 per cent gain to 3,157.05 points. Over on Wall Street, the mainboard's Dow Jones index gained by over 1 per cent for the week to close at 35,061.55 points - the first time ever that it has breached 35,000 points. This brings total gains for the Dow this year to 14 per cent. Meanwhile, the S&P 500 index was up 2 per cent for the week, reaching a new record high at 4,411.79 points. Strong technology sector results from the likes of Twitter and Snap hoisted the Nasdaq to a new record at 14,836.99 points. All this came as the yield on the closely watched 10-year Treasury plumbed below 1.3 per cent. The Singapore market has proven to be more resilient than expected despite the latest lockdown meas...

Singapore firm taps goodness of human milk with cell-based tech

SINGAPORE - A biotech start-up based here and in the United States is on a mission to unlock the key ingredients from human milk to enhance infant and elderly nutrition, and nourish athletes. Nutrients in human milk are especially beneficial for strengthening immunity, improving gut health and boosting brain development, said Ms Lin Fengru, co-founder of the start-up, TurtleTree. 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.

Sellers of thorny fruit in Singapore taking a bite of Malaysian durian plantations

SINGAPORE - Eager buyers converged at the lorry, loaded with durians in large 50kg baskets, as soon as it stopped in front of Mr Michael Siow's hardware store in Balestier Road on July 14. For Mr Siow, 54, it is the first harvest from his new durian venture - Titi Durian - to be sold in Singapore, two years later than planned due to the pandemic. 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.

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Will making salary public boost fairness?

(NYTIMES) - Ms Carolyn Kopprasch earns US$225,000 (S$306,000) a year. Ms Maria Thomas makes US$267,890. Then comes Ms Darcy Peters with a salary of US$105,143. That information, taken in before I exchange pleasantries with these women, feels almost illicit. All three work at Buffer, a fully remote social media company that made the unusual decision eight years ago to disclose every employee's salary online. The goal was to close the firm's gender pay gap. It did not entirely work. It turns out that the gap between men's and women's earnings is a numbers problem; making those numbers public does not make them even. Even when women and men work the exact same jobs, men earn more. That is partly because women are less likely to negotiate for higher pay and more apt to be penalised when they do. "Instead of being seen as shrewd, a woman negotiating is seen as complaining," said the Institute for Women's Policy Research president C. Nicole Mason. In recent decades, some experts have argued that there is an obvious means of closing the pay gap: making salaries public. When women know how much their male counterparts earn, they are in a better place to demand the same compensation. And co...

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Reimagining Singapore: How the city might look like in the future

Keep S'pore flexible with 24-hour nodes, creative use of space for evolving needs Singapore is changing its approach to long-term planning. Rather than deciding the development needs of future generations for them, the Government is now setting a path for them to make land use decisions for themselves, when the timing is right. To facilitate this process, the nation's latest review of its long-term land use plans will focus on flexibility and developing options - a shift away from generating a single concept plan, which has been the product of each of four such reviews since 1971. Keeping plans flexible and adaptable will help future generations cope with the uncertainties to come, said National Development Minister Desmond Lee on July 17 at the launch of a year-long public consultation for the review. READ MORE HERE Connectivity, safety key in planning for S'pore's silver population Preparing for a greying population is more than just installing handrails and ramps in homes and outdoor spaces, as clever land use planning can play a big role in supporting active ageing. Easy access to amenities such as medical facilities, retail outlets, community centres and green spaces is one wa...