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Tuesday, May 11, 2021
BloombergBillionaire Li Ka-shing Bets on Southeast Asia’s Tech Startups(Bloomberg) -- Follow Bloomberg on LINE messenger for all the business news and analysis you need.Hong Kong tycoon Li Ka-shing’s private investment firm Horizons Ventures Ltd. will make Southeast Asia a priority, with the region’s digital economy booming as the pandemic......
TOKYO (AP) — Asian shares mostly rose Friday on optimism about the rally on Wall Street and an economic rebound in the U.S., as investors awaited the release of jobs data. Japan’s benchmark Nikkei 225 recouped early losses to edge up less than 0.1% to 29,357.04. Australia’s S&P/ASX 200......
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The Federal Reserve warned about financial stability risks emanating from frothy stocks and debt-laden hedge fund bets in its twice-annual report on potential vulnerabilities in the system, pointing to the rise of so-called meme stocks as one sign that risk-taking could be getting out of hand.The central bank’s Financial......
HONG KONG, May 06, 2021 (GLOBE NEWSWIRE) -- MobiusTrend, the fintech market research organization, recently released a research report "WIMI Announces Its Outstanding Achievements in the Field of 5G Holographic Communication". Recently, WIMI expands its leading position in the field of 5G Holographic Communication. According to the......
By Ann Saphir and Lucia MutikaniSAN FRANCISCO/WASHINGTON, May 6 (Reuters) - The big mystery with the government report Friday that's expected to show nearly a million jobs gained for a second month in row won't be why U.S. employers hired so many, but why they didn't hire more.As the......
BloombergChip Shortage Forces Carmakers to Leave Out Some High-End Features(Bloomberg) -- When automakers were first hit with chip shortages at the end of last year, they tried idling factories until the troubles blew over. But with the crisis stretching into its fifth month and getting worse, they’re getting creative......
Credit Suisse Group AG has boosted its headcount by more than 100 across Asia-Pacific this year as the Swiss lender seeks to increase the share of revenue it draws from the region’s fast-growing markets.Almost half of the net hires were done since mid-March, according to people familiar the matter,......
As the city continues its reopening plan, farmers markets across Chicago have begun welcoming residents back for the 2021 season. Though some markets have not announced official plans for a summer reopening, others have released schedules and information concerning the upcoming kickoffs following closures last year due to the......
ATHENS, Greece (AP) — Greece’s finance minister said the country raised 3 billion euros ($3.6 billion) in a 5-year bond auction Wednesday at a record-low, near-zero yield.Details of the sale were to be announced later by Greece’s Public Debt Management Agency, but state-run media said demand for the bond......
(Bloomberg) -- Steinhoff International Holdings NV is looking to raise as much as 4.6 billion zloty ($1.2 billion) by listing its European retail arm Pepco Group NV in Poland, capitalizing on increased demand for discount goods amid the coronavirus crisis.The South African retailer and other holders plan to sell......