British Virgin Islands, Jun 30, 2022 – (ACN Newswire via SEAPRWire.com) – The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The app allows users to buy and sell goods, property, and vehicles with cryptocurrency. This milestone is significant for the Bazaars Project’s mission to create a […]
Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips. Although foreign exchange trading carries a high level of risk that may not be suitable for all investors, currencies appear to be investors’ avenue to hedge against inflation in current markets. But what are the pitfalls and risks? […]
NEW YORK (NYTIMES) – Wall Street set records in the first half of the year, none of them good. The US economy is on the cusp of a recession, battered by high inflation and rising interest rates, which eat into pay cheques, dent consumer confidence and lead to corporate cutbacks. As it has teetered, markets […]
NEW YORK (BLOOMBERG) – Tesla is likely to lose its position as the dominant electric-vehicle (EV) maker in the US to GM or Ford by 2025 as competitors release a barrage of 135 new electric vehicles, Bank of America analyst John Murphy said in his annual Car Wars forecast. Elon Musk’s company will still be […]
BENGALURU (REUTERS) – Bitcoin dropped 6.1 per cent to US$18,866.77 at 4am on Friday (July 1) Singapore time, putting the biggest and best-known cryptocurrency down US$1,226.41 from its previous close and down 60.9 per cent from the year’s high of US$48,234 on March 28. Several big players in the cryptocurrency markets have had difficulties, and […]
NEW YORK (BLOOMBERG) – Blockchain.com, a creditor of Three Arrows Capital, said it is cooperating with ongoing investigations into the troubled crypto hedge fund. Blockchain.com and Deribit, a crypto derivatives exchange, confirmed that they are among creditors that sought for the liquidation of Three Arrows at a court in the British Virgin Islands, according to […]
NEW YORK (AFP) – Wall Street stocks fell on Thursday (June 30), a fitting end to a bruising first half of 2022, finishing solidly lower after US data showed persistently high inflation pinching consumer spending. The broad-based S&P 500 finished at 3,785.38, down 0.9 per cent for the day and a loss more than 16 […]
HONG KONG, Jun 30, 2022 – (亚太商讯 via SEAPRWire.com) – IBI Group Holdings Limited (「IBI」或「公司」，及其附属公司统称为「集团」；股份…
TOKYO, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) and Maruha Nichiro Corporation (Maruha Nichiro) are pleased to announce our agreement to establish a new joint venture company, ATLAND Corporation (ATLAND), that will specialize in the land-based production of salmon. ATLAND will be established in Nyuzen town of Toyama prefecture in […]
TOKYO, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – NTT DOCOMO, INC. and CyberAgent, Inc. have announced that they have agreed to establish a new company, Prism Partner Inc., to utilize DOCOMO and CyberAgent’s business resources for advertising. 1. Background In 2021, online ad spending in Japan totaled nearly 2.71 trillion yen, up 21.4% […]
Singapore, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – Presented by Sedition the 20th edition of #WorldBlockchainSummit is a platform to meet, network and learn from more than 700 of the world’s leading crypto and blockchain influencers, policymakers, and government stakeholders and curated investors. The 20th global edition of the World Blockchain Summit, is […]
TOKYO, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a part of Mitsubishi Heavy Industries (MHI) Group, has launched full-scale operation, on schedule, of a compact CO2 capture system ordered in November 2021 by Taihei Dengyo Kaisha, Ltd. It is the first system of its kind to go […]
HIROSHIMA, Japan, Jun 30, 2022 – (JCN Newswire via SEAPRWire.com) – Mazda Motor Corporation’s production and sales results for May 2022 are summarized below. I. Production 1. Domestic ProductionMazda’s domestic production volume in May 2022 decreased 30.2% year on year due to decreased production of passenger vehicles. [Domestic production of key models in May 2022]CX-5: […]
HONG KONG, Jun 30, 2022 – (ACN Newswire via SEAPRWire.com) – JL MAG Rare-Earth Co., Ltd. (“JL MAG” or the “Company”, together with its subsidiaries, the “Group”, SZSE: 300748; HKEX: 6680), a leading producer of high-performance rare earth permanent magnets (“REPMs”) in China, is pleased to announce that the Company has been awarded the first […]
Hanoi, Vietnam, June 30, 2022 – (SEAPRWire) – Virtual Game Studio, one of the renowned game studios in the billion-dollar industry, has introduced a highly anticipated NFT game, Galaxy Survivor. Galaxy Survivor is a real-time strategy game that combines the competitive play-to-earn [P2E] model, well-thought-out role-playing, and NFT gaming technology. Leveraging blockchain technology, Galaxy Survivor allows gamers to […]
SINGAPORE (THE BUSINESS TIMES) – The Government has increased its supply of industrial space via its land sales programme for the second half of 2022. There are four sites on the confirmed list and three on the reserve list, which brings the total site area to 6.36ha, the Ministry of Trade and Industry announced on […]
SINGAPORE (BLOOMBERG) – The current phase of deleveraging in cryptocurrencies is at an advanced state and may not last much longer, according to JPMorgan Chase & Co. Multiple crypto company failures should not be surprising given huge price declines among tokens, and entities that used higher leverage in the past are the most vulnerable, strategists […]
WELLINGTON (BLOOMBERG) – New Zealand will enter a recession next year that could be deeper than expected, Bank of New Zealand (BNZ) economists said after a survey showed business sentiment continues to slump. ANZ Bank’s survey of business opinion for June, published on Thursday (June 30), “was littered with indicators that fit with our view […]
SINGAPORE – Home loan rates in Singapore have gone past 3 per cent to a new high with the latest move by UOB, Singapore’s third-largest lender. The previous high was 2.88 per cent in mid-2019. UOB on Wednesday night (June 29) raised the rate on its three-year fixed rate package to 3.08 per cent per […]
HONG KONG (BLOOMBERG) – Chinese artificial intelligence software maker SenseTime Group slumped as much as 51 per cent in Hong Kong on Thursday (June 30), after a lockup of its shares expired following its initial public offering (IPO). The company dropped to trade at as low as HK$2.91 apiece, the lowest ever and below its IPO […]