Matein Khalid Brent crude has now reached a post-pandemic high of $77 and reinforced my conviction that energy will be the best performing sector of September 2021. Saudi Arabia and Russia have ignored the Biden White House’s call to pump more oil and the quota discipline in OPEC+ is intact while Libyan oil remains offline due to the civil war and the US’s Afghan debacle means Biden […]
Enhanced AI and Machine Learning Functions Enable Users to Gain More from Precise Decision in Stock Selection and Investment in the Hong Kong and U.S Stock Markets HONG KONG SAR – Media OutReach – 24 September 2021 – Finetic, a Hong Kong-based intelligent stock selection and investment education platform has developed its own AI-assisted investment analysis system, which provides weekly picks of quality stocks in major global markets, including […]
HONG KONG SAR – Media OutReach – 24 September 2021 – Sustainable investing, once viewed as an outlier maybe only a decade ago, has never been more popular. To put things into perspective, sustainable funds in the U.S. attracted record investment of nearly US$2 trillion in the first quarter of 2021, according to industry data provider Morningstar. As demand for ESG (environmental, social and governance) investing grows, so does the […]
Matein Khalid My call to buy the US stock market last night when the Dow was down 850 to 950 points is a money maker for now, as the Dow futures are up 250 points in the pre-market after an incredible 300 point rally in the last hour of trading on the NYSE last night. Faint heart never won fair lady or sold index put spreads at […]
CTBC Bank has gone live as a client clearing FX derivatives at LCH UBS acted clearing broker for the trade ForexClear’s continues to grow its client base in Asia and globally – members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies Implementation of phase 5 of the uncleared margin rules (UMR) took effect from September 2021, impacting firms […]
Matein Khalid I came into our latest mini Black Monday with a large net short position in my global equities portfolio and thus feel vindicated, because I had warned my friends on LinkedIn (https://lnkd.in/d6Dy3rEC) to beware a post Labour Day hit on major US equities indices. In fact, I had given 10 reasons why the US stock market was primed to tank and one of these reasons […]
SINGAPORE – Media OutReach – 20 September 2021 – VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in two newly-created roles which form part of the Asia Management Committee (Asia Manco) as of 24 September 2021. Aligning with VP Bank’s growth strategy in Asia, these appointments follow the recent […]
Manish Rai The Taliban after much wait has announced its 33-member interim cabinet. This new government is exclusively Taliban, and almost all the ministers are of Pashtun ethnicity. Women have no positions in this new setup. The Ministry of Women’s Affairs has been dissolved. And the sinister Ministry for the Propagation of Virtue and the Prevention of Vice has been re-established. This clearly illustrates that the Taliban […]
Cushman & Wakefield Hong Kong has ranked first in categories of “Overall Agency”, “Valuation”, “Letting/Sales” and “Research” for two consecutive years HONG KONG SAR – Media OutReach – 16 September 2021 – Cushman & Wakefield, a leading global real estate services firm, has recently announced that the firm has been named the world’s top commercial real estate advisor and consultant for the fourth consecutive year in the Euromoney Real Estate Survey. This […]
NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries PHNOM PENH, CAMBODIA – Media OutReach – 17 September 2021 – Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized for responsible entrepreneurship at the 2021 Asia Responsible Enterprise Awards (AREA). Prince Group was commended for its high-impact work during the COVID-19 epidemic in Cambodia. […]
Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its frontrunner position across Goods, Autos and Property verticals, and accelerate its transactional push into recommerce SINGAPORE – Media OutReach – 16 September 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine […]
Matein Khalid The sheer scale of the Federal Reserve’s post-Lehman quantitative easing experiment can be gauged by the fact that its balance sheet is now $8.3 trillion or 1/3 the American GDP. In contrast, on the eve of Lehman Brothers failure on 15 Sept 2008, The Fed’s balance sheet was a mere $900 billion. Yet the Bernanke Fed’s revolutionary experiments in monetary policy applied by J. Powell […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 15 September 2021 – HCL Technologies (HCL), a leading global technology company and Finastra, the largest pure-play software vendor that serves the entire financial services industry, have expanded their partnership to drive digital transformation across South Korea and Taiwan. As part of the engagement, HCL will use its next-generation digital transformation and service capabilities to bring two of […]
United Efforts Together to “Design for the Future” HONG KONG SAR – Media OutReach – 15 September 2021 – Fashion Summit (HK) 2021, one of the largest conference in Asia on sustainable fashion, came to a successful close. Over 40 speakers from Hong Kong and abroad representing the fashion industry, fashion designers, the academia and NGOS, hosted a number of keynote speeches and panel discussions during the 2-day summit to […]
SINGAPORE – Media OutReach – 14 September 2021 – As Singapore continues to face an ageing population, car owners continue to drive regularly even in their post-retirement golden years. In order to allow senior drivers to continue enjoying driving in their later years without paying an exorbitant amount in premiums, Singapore’s leading online insurer, DirectAsia, will be giving one-month free car insurance for all new customers aged between 56 and […]
HONG KONG SAR – Media OutReach – 14 September 2021 – Global fintech MODIFI today announced US$24m in Series B, which brings its valuation to more than US$120m. The round was led by new investor Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo. Existing investors also participated significantly, including Global Founders Capital, Maersk Growth and Picus […]
Emerging Fashion Designers Activate Local Circular Economies as Global Competition Fights Textile Waste HONG KONG SAR – Media OutReach – 13 September 2021 – Redress, the world-leading NGO working to reduce fashion’s waste, announces the winners of the Redress Design Award 2021, the world’s largest sustainable fashion design competition that urgently seeks to catalyse multiple micro-circular economies around the world to reduce fashion’s negative environmental impacts, following the Grand Final […]
Matein Khalid The civilized world watches in horror as the Taliban flogs women on the streets of Kabul with whips and cable wire, maims arrested journalists with truncheons and reinstates the Ministry of Virtue and Vice. The religious police that carried out executions, amputation, beheading and stoning to death of women that so disgusted the world in 1996 to 2001. It is also no coincidence that Afghan […]
HONG KONG SAR – Media OutReach – 10 September 2021 – New data gathered by Quilter International shows that close to half a million British National (Overseas) (BN(O)) passports were issued to Hong Kong residents in 2019 and 2020. Quilter International’s adviser survey indicated that UK is one of the top three countries the clients plan to migrate to. A Freedom of Information request issued to HM Passport […]
Matein Khalid If 2021 was an annus mirabilis for investors in US equities, Big Tech and REITs (we know who you are!). It was unquestionably an annus horribilis for China, the Big Daddy of emerging market (EM) equities. President Xi’s regulatory assault triggered a 40 to 50% blood bath in Chinese internet stocks (Didi, tera holder dewana. Hare Ram ye dictator ka zamana!) at a time when […]
By Manish Rai The Taliban has announced a new interim government of their so-called “Islamic Emirate” in Afghanistan, more than three weeks after taking control of the capital Kabul. This delay in government formation didn’t happen because the Taliban was holding talks with other ethnic groups for their inclusion in the government. Indeed main reason for this delay was that different factions in the Taliban are fighting […]
Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group PHNOM PENH, CAMBODIA – Media OutReach – 8 September 2021 – Prince Holding Group (“Prince Group”), one of the largest conglomerates in Cambodia, has finalized a memorandum of understanding (MOU) with the Ministry of Education Youth and Sport (MoEYS) to launch a […]
SINGAPORE – Media OutReach – 8 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, has announced a partnership with SEON. With this partnership, GBG strengthens online fraud prevention for banks, fintechs, and digital banks by using email, IP, phone and social media as alternative data for fraud detection, while meeting compliance and data privacy needs. SEON’s technology is fully […]
Matein Khalid The terrorist DNA of the Taliban is proven now that Sirajuddin Haqqani, a warlord with the blood of thousands of innocent Afghans, NATO soldiers and foreign diplomats on his hands that earned him a place on the FBI’s most wanted list, is the Interior Minister of the Islamic Emirate of Afghanistan. The regime, like the post Napoleonic Bourbon Kings of France, has forgotten nothing and […]
