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U.S. Debt Deal Pressures Gold Down, Central Banks Turn Net Sellers

By K Raveendran The pullback in gold prices has generally been attributed to investor caution surrounding the Federal Reserve’s interest rate strategy and other economic cues, but the immediate trigger is believed to be the US debt deal, which averted a default, thereby lowering the risk perception. Gold soars when risks intensify. Gold prices in […]

The post U.S. Debt Deal Pressures Gold Down, Central Banks Turn Net Sellers first appeared on IPA Newspack.

KGI Asia: 2023 Mid-Year Global Market Outlook Harness the Potential of the East

HONG KONG SAR – Media OutReach – 8 June 2023 – Today, KGI Asia has released its 2023 Mid-Year Global Market Outlook, which covers mainland China, Hong Kong, Taiwan, the U.S., Singapore, and Indonesia. From left to right: Kenny Wen, Head of Investment Strategy at KGI Asia, James Chu, Chairman at KGI Investment Advisory, and Kevin Tai, Head of International Wealth Management at KGI Asia In the […]

Election won, economy lost!

Matein Khalid President Erdoğan recalled his pro-markets ex-Wall Streeter Mehmet Şimşek as Finance Vizier and the head of MIT who negotiated his diplomatic rapprochement with Egypt, Israel, Saudi Arabia and the UAE as Foreign Minister but all hell has broken loose in the money markets of Istanbul as I write. The Turkish lira has plunged 7% this AM as state owned banks have stopped the dollar sales […]

Global economic uncertainty triggers risk aversion , Rare Trader’s Professional training helps investors deploy correctly

HONG KONG SAR – Media OutReach – 7 June 2023 – As the banking crisis in the US intensifies in recent months, gold has become a popular investment choice in East Asia. Rare Trader, a veteran investment education provider, has been working hard to revolutionize this misconception and has decided to launch a new online investment training course in the second half of 2023, in the hope […]

Jollibee Foods Corporation starts the year strong, Reports +20.2% Systemwide Sales Growth in North America in Q1 2023

Jollibee, Smashburger, and The Coffee Bean and Tea Leaf ® Parent Group continues momentum with accelerated North Am store network expansion MANILA, PHILIPPINES – Media OutReach – 6 June 2023 – Jollibee Foods Corporation (JFC), one of the largest and fastest-growing restaurant companies in the world, reported +20.2% Systemwide Sales Growth and +6.7% Same Store Sales Growth in North America (Philippine Brands and Smashburger), as disclosed by […]

Rare Trader creates professional training to dispel myths Gold investment may become a new market trend for safe-haven

HONG KONG SAR – Media OutReach – 5 June 2023 – As the banking crisis in the US intensifies in recent months, gold has become a popular investment choice in East Asia. Rare Trader, a veteran investment education provider, has been working hard to revolutionize this misconception and has decided to launch a new online investment training course in the second half of 2023, in the hope […]

SGPC flays Rahul Gandhi statement about Guru Nanak

Shiromani Gurdwara Parbandhak Committee, the premier Sikh religious body, has slammed Congress leader Rahul Gandhi for comparing his ‘Bharat Jodo Yatra’ to Guru Nanak’s ‘Udasis’, during his address in California. The leader could face more trouble as another Sikh organisation, Sikh Coordination Committee of US, has decided to protest during his tour of New York. […]

The post SGPC flays Rahul Gandhi statement about Guru Nanak first appeared on IPA Newspack.

Kejriwal Gathering Opposition’s Support Against Centre’s Ordinance

By Rahil Nora Chopra Aam Aadmi Party (AAP) supremo and Delhi Chief Minister Arvind Kejriwal has been in touch with various leaders of non-BJP parties to gain support in the fight against the Centre’s latest ordinance to clip the wings of Delhi’s elected government, despite a Supreme Court order in its favour. Kejriwal’s hectic meets […]

The post Kejriwal Gathering Opposition’s Support Against Centre’s Ordinance first appeared on IPA Newspack.

Rahul holds session with Silicon Valley AI experts, entrepreneurs

Congress leader Rahul Gandhi Wednesday spent the first half of his day with Silicon Valley-based startup entrepreneurs, known for doing path-breaking work in the field of Artificial Intelligence and cutting-edge technologies. Sitting in the front row of the Plug and Play auditorium along with Indian Overseas Congress chairperson Sam Pitroda and some other key aides […]

The post Rahul holds session with Silicon Valley AI experts, entrepreneurs first appeared on IPA Newspack.

Farmers call Khap Mahapanchayat for wrestlers

Several wrestlers continue to protest against former Wrestling Federation of India chief Brij Bhushan despite calls from the government to trust the ongoing police probe. Farmers today will hold a ‘mahapanchayat’ to discuss the issue. The Bharatiya Kisan Union (BKU) has said that a grand meeting of all khaps will be held in Uttar Pradesh’s […]

The post Farmers call Khap Mahapanchayat for wrestlers first appeared on IPA Newspack.

Opposition Parties Could Not Meet Properly PM Challenge On New Parliament Building

By Sushil Kutty Prime Minister Narendra Modi bounced back from the brink and the opposition parties are together and singly to blame for the comeback. The Karnataka assembly election loss should have been the final nail as far as Modi was concerned, his Waterloo! But not three weeks later, Modi was larger than life, both […]

The post Opposition Parties Could Not Meet Properly PM Challenge On New Parliament Building first appeared on IPA Newspack.

FinTech Olympiad 2023 Inspires Tertiary Students to Leverage Fintech to Create Social Impacts, Creating Solutions to Transform People’s Lives and Business Practice for the Better

Vision Carbon by CityU Won Gold Medal with its Blockchain-based Carbon Trading Platform HONG KONG SAR – Media OutReach – 29 May 2023 – Hosted by the City University of Hong Kong (CityU) and supported by HSBC, the FinTech Olympiad (FTOL) 2023 competition convening 94 teams across 18 universities from cities in the Greater Bay Area (GBA) was concluded with an award ceremony on 27 May. In […]

Police clear wrestlers protest site after foiling march

Chaos unfolded in the heart of the country’s capital on Sunday as top wrestlers, including Vinesh Phogat, Sakshi Malik, and Bajrang Punia, were detained by Delhi Police while attempting to march towards the new Parliament building. The athletes had planned a ‘Mahila Samman Mahapanchayat’ (a women’s large assembly) as part of their ongoing protest against […]

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Sitharaman appeals to Opposition to rethink on boycott

Asserting that power transfers never happen merely at the shake of hands, Finance Minister Nirmala Sitharaman on Thursday appealed to opposition parties to reconsider their decision to boycott the dedication of the new Parliament building scheduled on May 28, saying it is a “temple of democracy.” Addressing reporters in Chennai, she said 20 “aadeenams” (pontiffs) […]

The post Sitharaman appeals to Opposition to rethink on boycott first appeared on IPA Newspack.

Canopy Sands Development Presents Bay of Lights at Annual Investment Meeting 2023: A Step Towards Becoming Cambodia’s Next Financial Hub

ABU DHABI, UAE – Media OutReach – 26 May 2023 – Canopy Sands Development, the master developer of the largest coastal city in Cambodia, recently showcased its 934-hectare development, the Bay of Lights, at the Annual Investment Meeting (AIM) 2023 Congress in Abu Dhabi. The AIM Congress is a global platform that attracts over 10,000 participants, including prominent investors, business professionals from 175 countries, and more than […]

Why Is Prime Minister Narendra Modi Adamant On Inaugurating New Parliament Building?

By Sushil Kutty Twenty opposition parties will boycott the new Parliament building unveiling. They don’t want the honourable Prime Minister act the ‘Inauguration Minister’, which is a boringly familiar sight ever since 2014. Prime Minister Narendra Modiji’s appetite for cutting ribbons and laying foundation stones is inelegantly voracious. It does not upset the Prime Minister’s […]

The post Why Is Prime Minister Narendra Modi Adamant On Inaugurating New Parliament Building? first appeared on IPA Newspack.

Karnataka MLAs take oath in the name of their leaders

At the first special legislative session after the formation of the Congress government in Karnataka, MLAs set a unique precedent, much to the displeasure of pro-tem speaker R V Deshpande — some of the newly elected legislators took the oath in the name of God, Hindutva, their spiritual gurus, and two MLAs even took it […]

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RBI Needs To Be More Forthcoming On Withdrawal Of Rs 2000 Notes

By K Raveendran The abrupt announcement by RBI, withdrawing all Rs 2,000 notes from circulation, seems to have much more than what meets the eye. Going by the explanations provided so far, it is increasingly clear that there is plenty of room for the regulator to be more forthcoming on the decision. The RBI is […]

The post RBI Needs To Be More Forthcoming On Withdrawal Of Rs 2000 Notes first appeared on IPA Newspack.

Congress Has To Join Opposition Wholeheartedly To Oppose Ordinance On Delhi

By Sushil Kutty Nobody can put a knife to the Congress party’s throat and compel it to stand with the Aam Aadmi Party against the Modi government’s ordinance which returned control of “services” – postings and transfers – to the Lt. Governor after a couple of days of celebrations over the Supreme Court verdict that […]

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Congress Can Take Lessons From Indira’s Chikmagaluru Victory To Succeed In 2024 Polls

By Kalyani Shankar Dame Luck smiles at every Party at a particular moment. The 137-year Grand Old Congress Party, which has seen many ups and downs, is no exception. Winning a prosperous and significant Karnataka recently gave Congress that golden moment. If Congress wants to revive itself, it can’t sit on the laurels of recent […]

The post Congress Can Take Lessons From Indira’s Chikmagaluru Victory To Succeed In 2024 Polls first appeared on IPA Newspack.

Only 6 in 10 Singapore residents are optimistic about staying healthy till old age

Lack of confidence stems from increase in prevalence of chronic diseases; incentives and proactive approach are crucial in building a healthier Singapore SINGAPORE – Media OutReach – 23 May 2023 – Singaporeans are living longer lives, and yet, only 6 in 10 (59 per cent) are confident they will be healthy enough to live well to age 80 or beyond, according to a report commissioned by Prudential […]

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HKSTP Partners with JYCGIF: New Memorandum of Understanding Aims to Draw Female Secondary Students to I&T

Partnership Focused on Developing Female Talent Pipeline for Hong Kong’s I&T Ecosystems Summer “Ideathon” between HKSTP and JYCGIF targets female secondary school students. Participants will compete in groups to propose innovative I&T end-to-end solutions, under the guidance of leading female entrepreneurs. A MoU was also signed between the two organisations that aims to organise other such I&T related activities in the future to help draw female secondary […]

US Debt Ceiling Programme Of President Joe Biden Is Beset With Contradictions

By Prabhat Patnaik Under pressure from globalised finance capital, most countries of the world have enacted legislation fixing the size of the fiscal deficit as a proportion of GDP; generally it is 3 percent, and in India it is 3 per cent for the centre and 3 per cent for the states. The US however […]

The post US Debt Ceiling Programme Of President Joe Biden Is Beset With Contradictions first appeared on IPA Newspack.