Browsing Category
Business
Hong Kong shares jump over 2% as Alibaba surges 15%; Asia markets largely up
An Hour AgoAlibaba's HK-listed shares open 15% higher after announcing major shakeup2 Hours AgoAustralia inflation pace slows more than expected to 6.8% in February Australia's monthly inflation pace for February came in at a slower pace at 6.8% compared to the same period a year ago.This is lower than January's figure of 7.4%, and also lower…
Read More...
Second $914 check drops in just days – but millions will miss out in April
SS Benefit Eligibility Screening Tool
A Benefit Eligibility Screening Tool (BEST) is a collection of questions on the Social Security Administration’s website that might help you figure out if you’re eligible for Social Security Disability benefits.
It also assists you in determining the Social Security Disability benefits you are likely to be…
Read More...
Futures: Bitcoin, Tesla In Focus After Mixed Stock Market Action
Dow Jones futures were little changed ahead of Tuesday's open after the Dow Jones Industrial Average rallied 194 points Monday. Bitcoin tumbled more than 3% after cryptoexchange Binance and its Chief Executive Changpeng "CZ" Zhao were sued by the Commodity and Futures Trade Commission (CFTC). Meanwhile, Tesla stock rallied on Wall Street's…
Read More...
New York’s Flatiron Building fetches $190 million at auction – ET RealEstate
File PhotoNEW YORK: New York's iconic Flatiron Building - famous for its thin, triangular shape - has sold at auction for $190 million following a court order.The 22-story skyscraper, built in 1902 and often said to resemble a clothes iron, fetched almost four times the opening price of $50 million following a keen bidding war."It's been my…
Read More...
Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
Asia-Pacific's private equity market plummeted last year — as investors' appetite for risk fell in the face of inflation and geopolitical tensions, according to Bain & Company.The total deal value for the region plunged by 44% to $198 billion in 2022, the global management and consulting firm said in a Tuesday report. That's compared to $354…
Read More...
What Broke Sweden? Real Estate Bust Exposes Big Divide
A half-finished bridge designed to connect two Stockholm neighborhoods has come to epitomize the seismic change Sweden is going through. On one side, an affluent neighborhood that's part of one of Stockholm's oldest suburbs, on the other, an enclave of 1970s-era public housing blocks with a dense population of migrants and a reputation as a…
Read More...
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but
It's the CFTC vs. liquidityGood morning. Bitcoin is starting the Asia business day down 3.8% to $26,958 after the U.S. Commodity Futures Trading Commission (CFTC) sued crypto exchange Binance and founder Changpeng Zhao, alleging it offered unregistered crypto derivatives in the U.S.Binance’s BNB token is down 5.9% to $308 on the allegations.The…
Read More...
EPFO stops pension payouts to section of pensioners
Even as the Employees’ Provident Fund Organisation is implementing a higher pension option for its members, it has stopped making monthly pension payments to a section of its existing pensioners and served them with show cause notices that includes a demand to recover past “excess pension payments”.
These pensioners say the EPFO has stopped…
Read More...
Bitcoin gains as investors diversify amid worries about banking system; U.S. equity futures
Bitcoin and the other top 10 non-stablecoin cryptocurrencies opened the working week with gains in Monday morning trading in Asia, as investors seek to diversify portfolios amid banking turmoil and the Federal Reserve’s latest rate hike. Litecoin led the winners. U.S. equity futures rose this morning as authorities sought to reassure investors…
Read More...
People: Johnny Lu Shao Joins CPE in Shanghai – Mingtiandi
Top level moves at European and Asian fund managers lead this week’s list of personnel changes from around Asia Pacific with a Gaw Capital veteran taking on a new role with a CITIC affiliate, DWS naming new regional leadership and Mapletree Industrial Trust adding a top executive from a regional sovereign fund to its board.
Johnny Lu Shao has…
Read More...