Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express Our weekly roundup of news from East Asia curates the industrys most important developments. On Jan. 13, Samsung (KS:) Asset Management, a wholly-owned subsidiary of the namesake South Korean conglomerate, successfully listed the Samsung Active ETF on the Hong Kong Stock Exchange. According to local […]
Stocks ended the week on a high note. And while the buying was widespread on Friday, tech stocks were the clear winner as investors cheered impressive subscriber growth from streaming giant Netflix (NFLX (opens in new tab)) and news that Google parent Alphabet (GOOGL (opens in new tab)) is undergoing its biggest round of layoffs […]
Microsoft has hinted at changes to its hardware portfolio amid huge layoffs. Microsoft might be set to cancel some of its hardware device portfolio in the coming months as the company seeks to restructure amid layoffs and ongoing economic concerns. Microsoft announced that it is laying off 10,000 people and also went so far as […]
COLOMBO, Jan 20 (Reuters) – India has told Sri Lanka it is committed to boost investment in its debt-ridden neighbour, to help pull the island nation from its worst economic crisis in seven decades, Foreign Minister Subrahmanyam Jaishankar said during a visit to Colombo. The country of 22 million has grappled with challenges over the […]
Tabatha Miller. | Screenshot from a September Board of Supervisors meeting. # # # After less than a year on the job, Tabatha Miller, Humboldt County’s assistant county administrative officer and chief financial officer, is resigning to become finance director with the City of Arcata. Miller came to the […]
The real estate sector was punished in 2022 due in large part to rising interest rates, but the group’s above-average income, diversification benefits, and inflation-fighting track record remain sources of allure. For investors willing to allocate capital to real estate investment trusts (REITs) as a 2023 rebound wager, there are encouraging factors to consider. Those […]
“Who is Latino who would like to become a millionaire?” That is how Mauricio Chavez introduces himself to a room full of people, including a group from Chicago, at a meeting in Houston which was posted on YouTube last August. Chavez is the CEO of a company called CryptoFX, which in recent years has solicited […]
CLIMATE activists staged a demonstration outside a Barclays branch in the city centre to protest against the bank’s funding of fossils fuel projects. Extinction Rebellion York protested outside the Barclays branch in Parliament Street at 12pm today (November 14), claiming that the bank finances the use of fossil fuels and the burning of trees. Members […]
Hartford Investment Management Co. decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI – Get Rating) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,998 shares of the company’s stock after selling 2,854 shares during the […]
Accountants and auditors are muscling in on the preparation of climate data amid concern that companies are still far from ready for disclosure rules being drawn up by regulators around the world. The US Securities and Exchange Commission is finalising a rule to require audited emissions data be included in corporate financial reports, while accounting […]
