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HONG KONG SAR – Media OutReach – 2 February 2023 – On 30 January 2023, HSBC Global Research (“HSBC”) published a report pointing out that Fosun International Limited (“Fosun International” or the “Company”) (HKEX: 00656) is recovering vigorously. HSBC maintained “Buy” rating on Fosun International and raised the target price to HK$11.50. HSBC pointed out that Fosun’s secured RMB12 billion syndicated loan is the largest private enterprise […]

Boom. And the Chinese spy balloon, of the size of three buses, that had strayed into the US airspace was shot down with a single missile, showed a video. The Pentagon said on Friday that it had surveillance capabilities. China angrily voiced its “strong dissatisfaction” at the move and said it may make “necessary responses.” […]

The post Video shows Chinese balloon being downed by US missile first appeared on IPA Newspack.

By K Raveendran With China slowly reopening after it abandoned the zero-Covid policy, global markets are bracing up for an industrial inflation, denoting higher industrial material prices. Already signs of importers of Chinese goods and materials having to dish out more for their requirements are visible, according to analysts. China’s zero-Covid policy has been central […]

The post China Reopening Changing Market Dynamics Impacting Importers first appeared on IPA Newspack.

Sustainability-Linked Derivative (SLD) supports RGE’s strategy of pivoting its financing towards SLLs, a total of US$1.6 billion secured in 2022 Besides hedging the interest rate risk of its latest SLLs, the SLD shows RGE’s confidence in delivering on its SLL’s sustainability KPIs SINGAPORE – Media OutReach – 3 February 2023 – Royal Golden Eagle (“RGE”), a global group of resource-based manufacturing companies, has announced that its member […]

Congress leader Jairam Ramesh on Monday chose a peculiar way to react to External Affairs Minister S Jaishankar’s recent remarks on Chinese incursions in Ladakh. Taking a dig at the Centre, Ramesh alleged that Jaishankar is playing a starring role in Modi Sarkar’s version of “DDLJ — Deny, Distract, Lie and Justify.” He accused the […]

The post Cong accuses govt of running away from reality on China first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 31 January 2023 – WRISE Group is pleased to announce the launch of “WRISE Wealth Management Hong Kong” (“WRISE WM”), a technologically advanced wealth management firm for Hong Kong’s ultra-high-net-worth individuals (UHNWIs) and their family offices to ease the complexities of total wealth management. With the number of family offices increasing across the Asia-Pacific, and the market pivoting towards performance […]

Builds on its successful listings on OKX, Kucoin, Bybit, Gate, and Huobi SINGAPORE – Media OutReach – 31 January 2023 – Oasys, a gaming-optimised blockchain built by gamers for gamers, is excited to announce its upcoming listing on bitbank, a leading Japanese crypto exchange. This listing will further enhance the liquidity and accessibility of the Oasys network, which is already listed on five centralised exchanges, OKX, Kucoin, […]

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By Arun Srivastava In one stroke the empire of the world’s third richest till the other day, Gautam Adani, which he had built on the edifice of dishonesty and crony capital has been crashed. The assault has come from the US-based Hindenburg Research which charged the Adanis of being “engaged in a brazen stock manipulation […]

The post Hindenburg Exposure Underlines Patronage Of Ruling Govt To Adani Group Companies first appeared on IPA Newspack.

By Subrata Majumder Chinese official English daily “Global Times” reiterated recently in its column that India’s policy initiative to reduce imports from China would backfire. It said “India needs integration, not protection”. In another argument, given the Apple’s Inc shifting to India, Global Times jeered, “Apple, facing softening demand, can hardly make India a manufacturing […]

The post India’s Imports Of Components From China Are Finally Coming Down first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 30 January 2023 – For the tenth year in a row, SABIC, a global leader in the chemicals industry, has been recognized as the “top employer Asia Pacific” by the Top Employer Institute, a globally accredited certification body. SABIC’s focus on empowered, people-centric leadership, and embrace of technology that makes processes simpler and easier, have been key to its continued success as […]

By Sushil Kutty Flood ravaged, economically bankrupt and politically panned. Pakistan’s Finance Minister Ishaq Dar has found a scapegoat. God Almighty! Dar cut to the chase, saying that because Allah created Pakistan, Allah will have to get Pakistan out of the hole, make it prosper and help it develop. That is a common belief across […]

The post Pakistan’s Economic Collapse Is A Culmination Of Long Neglect first appeared on IPA Newspack.

By K Raveendran ‘Insha Allah’ is a term used extensively by Arabs and Muslims across the world to mean ‘god willing’. But according to Arabic linguists, Insha Allah means ‘only if god willing’. There is a subtle difference between the two usages, the former denoting a lot more optimism than what may be warranted. This […]

The post God Can’t Save Pakistan From Its Present Predicament, Only IMF Can first appeared on IPA Newspack.

Attacking the government, the Congress on Friday alleged that an “undeclared emergency” prevailed in the country and an attempt was being made to “make the judiciary part of the PMO”. Congress general secretary Jairam Ramesh said the Bharat Jodo Yatra is aimed at highlighting such “dangers” facing the country. Addressing a press conference here, Ramesh […]

The post Cong alleges bid to make judiciary part of PMO first appeared on IPA Newspack.

Matein Khalid If banks were people, Standard Chartered Bank (SCB) would be a plain Jane spinster, always a bridesmaid but never a bride, jilted at the altar by her suitors and now at the nikah by First Abu Dhabi Bank. I had a near heart attack when I saw the shares rise 20% in London as the grapevine said a major Abu Dhabi bank was going to bid for […]

By Sushil Kutty The results of yet another ‘Mood of the Nation’ survey is out and the summary is, if elections were held today, the Bharatiya Janata Party will rule again. That is standard gravy for those on the BJP gravy-train. Doesn’t matter that the hostage media no matter what the truth will jump to […]

The post ‘Mood Of The Nation’ Survey Is All For The Third Term Of Narendra Modi first appeared on IPA Newspack.

By Dr. Gyan Pathak India is now the most populated country in the world with a very high rate of urbanization that is expected to reach 41 per cent by 2030 according to the latest estimate of the World Bank in 2022. In 2021, the urbanization rate was 35 per cent as against 26 per […]

The post Lessons For High-Speed Rail Development In India Amidst Defects first appeared on IPA Newspack.

MACAU and HONG KONG SAR – Media OutReach – 26 January 2023 – Prudential plc (Prudential) today announced it has received approval from the Macau Special Administrative Region to establish a branch of its Hong Kong business in Macau. With the addition of Macau, Prudential will have a presence in 24 markets across Asia and Africa. Prudential will initially offer life and health insurance solutions in Macau […]

42% increase over same period last year Record Day 3 and Day 4 Chinese New Year Box Office SHANGHAI, CHINA – Media OutReach – 26 January 2023 – IMAX China box office over the Chinese New Year period held strong with record Day 3 and Day 4 box office results as moviegoers continue to flock to theaters over the holiday period. IMAX China grossed 161million RMB in […]

By K Raveendran A new advance in AI technology, leading to the development of OpenAI-created ChatGPT, is threatening to become the nemesis of data entry jobs, entry-level copywriting, customer care and support centres, and even entry-level software developers. ChatGPT promises to be a great tool for marketeers as it can produce highly effective pitches on […]

The post New AI Technology Threatens Thousands Of More Entry-Level Jobs first appeared on IPA Newspack.

Congress leader Rahul Gandhi claimed on Monday that the opposition party was forced to undertake the 3500-km foot march after it was not allowed to speak on the pressing public issues in Parliament. He slammed the BJP government at the Centre for demonetisation, “hasty implementation” of Goods and Services Tax (GST) and the recently launched […]

The post Yatra necessitated by govt’s parliament gag, says Rahul first appeared on IPA Newspack.

Shiv Sena leader Uddhav Thackeray alleged on Monday that the BJP is trying to take the country towards dictatorship through the “sham” Hindutva. Without naming BJP, he said they want to have an “iron grip” on India and referred to China. Addressing Shiv Sena workers on the 97th birth anniversary of Shiv Sena founder and […]

The post Uddhav accuses BJP of taking country towards dictatorship first appeared on IPA Newspack.

Virtual “Be ON Game” & Hong Kong’s First Metaverse Staff Recruitment Game HONG KONG SAR – Media OutReach – 19 January 2023 – PCCW (SEHK: 0008) & HKT (SEHK: 6823) – PCCW/HKT announces the launch of PCCW-HKT Futurera, a virtual world in The Sandbox metaverse, introducing over 20 missions for players, such as games based on popular ViuTV show “Be ON Game”, and serving as Hong Kong’s […]

By Arun Kumar Shrivastav Indian Foreign Minister S Jaishankar was on a two-day visit to Sri Lanka on January 19-20. It follows a letter by India to the IMF that it supports Sri Lanka’s efforts to restructure bilateral debt. The multilateral financial institution has offered a $2.9 billion bailout to Sri Lanka but the actual […]

The post Indian Foreign Minister Sticks To Economic Agenda On His Sri Lanka Visit first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 21 January 2023 – On 17 January 2023, GenScript ProBio announced its Series C round of financing of nearly USD220 million, led by Legend Capital, which marks the largest scale in the CDMO sector in China since the second half of 2022. Several active healthcare investment institutions also participated in this round. The parent company, Genscript Biotech Corporation, also invested […]

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