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 […]
Global logistics player eyes strong growth in Asia Pacific (APAC) through strategic expansion of its fixed schedule network HONG KONG SAR – Media OutReach – 21 September 2021 – GEODIS, a global leading transport and logistics services provider, is extending its AirDirect service with the addition of a twice weekly flight routed London Stansted (STN)/Amsterdam (AMS)/ Hong Kong (HKG)/STN/AMS. With the new schedule coming into effect from October, GEODIS’ […]
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 […]
Hong Leong Bank is looking to partner with startups to create ‘out-of-the-box’ solutions contributing to long term positive impact for our Community, Environment, and the Financial Services Industry KUALA LUMPUR, MALAYSIA – Media OutReach – 20 September 2021 – Hong Leong Bank’s (“HLB” or “the Bank”) Fintech and tech startups mentorship platform, HLB Launchpad is back in its fourth edition. The Bank is calling for Fintech and tech startups […]
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 […]
As retail sales steadily recover, Chinese Expats have renewed their strong shopping sentiment with 63% spending more post COVID-19: EternityX survey reveals. SINGAPORE – Media OutReach – 20 September 2021 – With the government gradually easing border restrictions under COVID-19, businesses have been looking at new ways to capture opportunities in the local market over the course of the pandemic in order to generate positive momentum. Chinese expats in […]
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. […]
Ranking marks GBG’s inaugural participation in the distinguished list SINGAPORE – Media OutReach – 16 September 2021 – GBG (AIM:GBG), the global expert in digital identity, helping businesses prevent fraud and meet complex compliance requirements, today announces its inaugural placement as one of the top 100 financial technology providers around the globe by IDC Financial Insights, coming in at 66th position on the 2021 IDC FinTech Rankings. […]
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 […]
Highest scores possible in fourteen out of eighteen criteria include product vision, innovation roadmap, and user experience and navigation SINGAPORE – Media OutReach – 15 September 2021 – Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity, announced that the company has been named a Leader in The Forrester Wave™: Identity-As-A-Service (IDaaS) for Enterprise, Q3 2021, a report published by Forrester Research, Inc. The report evaluates eleven Identity-As-A-Service (IDaaS) for […]
James M Dorsey The Taliban’s record in recent weeks on making good on promises to respect human and women’s rights as well as uphold freedom of the press is mixed at best. Afghanistan’s neighbours and near-neighbours are not holding their breath even if some are willing to give the Central Asian country’s new rulers the benefit of the doubt. A litmus test of Taliban willingness to compromise […]
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 […]
SHANGHAI, CHINA – Media OutReach – 12 September 2021 – Hang Lung Properties held a nationwide volunteer day under the theme of Sustainability, in nine cities across mainland China and in Hong Kong on September 11, 2021. As a key project to celebrate the anniversary of the founding of Hang Lung Group, the volunteer campaign involved around 800 corporate volunteers who dedicated their time to promote low-carbon living and deliver care […]
HONG KONG SAR – Media OutReach – 12 September 2021 – Hang Lung Properties held a nationwide volunteer day under the theme of Sustainability, in nine cities across mainland China and in Hong Kong on September 11, 2021. As a key project to celebrate the anniversary of the founding of Hang Lung Group, the volunteer campaign involved around 800 corporate volunteers who dedicated their time to promote low-carbon living and deliver […]
HANOI, VIETNAM – Media OutReach – 10 September 2021 – On September 9, 2021, T&T Group, a multi-industry group of Vietnam and Ørsted, a leading group in offshore wind power signed a Memorandum of Understanding (MoU) on strategic cooperation in offshore wind power in Vietnam, promises to bring a large supply of renewable energy through new investment on offshore wind power projects in Binh Thuan and Ninh Thuan […]
HONG KONG SAR – Media OutReach – 10 September 2021 – Darren Mercer, the Chief Executive Officer of the NASDAQ listed company MICT Inc. (MICT) and Non-Executive Chairman of Magpie Securities released a video interview featuring his pre-celebration of Magpie Invest (a brand-new digital investment platform to be launched in Hong Kong) at New York Times Square, where he was standing underneath a 150-foot-tall billboard featuring Magpie Securities as a […]
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 […]
“CCG Accel – Powered by HKSTP” is a pioneering programme to help tech ventures close the critical gap between innovation and commercialisation and advance smart property and retail operations in Hong Kong HONG KONG SAR – Media OutReach – 9 September 2021 – Chinachem Group (the Group) and Hong Kong Science & Technology Parks Corporation (HKSTP) took another step forward in its pioneering pilot-first accelerator programme today by announcing […]
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 […]
Series will provide Singaporeans exclusive access to events with local influencers and global stars, helping them to live Healthier, Longer, Better Lives SINGAPORE – Media OutReach – 10 September 2021 – AIA Singapore today announced the return of its largest online health and wellness regional event, AIA Live 2021, kicking off on 12 September 2021 with AIA’s global ambassador David Beckham and other ambassadors from the region. Following the […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 9 September 2021 – From the standpoint of technological adaptability, Millennials are among the groups which were able to adjust the most in a brief period of time—a time that is torn and accelerated anew by paradigm shifts all over the board. The older ones (born between 1980–1993) received insights from the preceding generations and accommodated to the best of their ability: lessons […]
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 […]
