By Matein Khalid 2021 was a classic annus horribilis in the Chinese stock market as even a wannabe bottom fisher in Alibaba at 160 like moa can attest. Yet the 37% plunge in MSCI China index and Hong Kong red chips was the worst financial performance in the Middle Kingdom since the 2008 global financial meltdown. The pain was most concentrated in Chinese internet and property developer […]
HONG KONG SAR – Media OutReach – 29 December 2021 – Hang Lung Properties (Stock Code: 00101) (the “Company” or “Hang Lung”) is pleased to announce that its world-class commercial complex in Kunming, Spring City 66 is now 100% powered by renewable energy, making it the first development of the Company and the first commercial complex in Yunnan Province to achieve net zero carbon emissions in terms of annual electricity […]
By Peter Garnry India looks like the next China in terms of growth, infrastructure investments, market reforms, technology IPOs and subsequent returns for shareholders, and urbanisation. Indian equities have been one of the best equity markets over the past 20 years growing earnings 10% annualised and we believe this trend will continue over the next 10 years with extraordinary returns for investors. But India’s huge growth and […]
Razer Merchant Services is the first Merchant Acquirer to enable PayNet’s Real-Time Retail Payments Platform (RPP) full suite of payment methods to its merchants to accept domestic and cross-border QR payments. SHAH ALAM, MALAYSIA – Media OutReach – 28 December 2021 – Razer Merchant Services (RMS), the B2B arm of Razer Fintech, today announces it has become the first Merchant Acquirer to enable all three channels for PayNet’s Real-time […]
Appoints Sagar Ahuja as Director and to the Board with the additional responsibility to lead QX Accounting Services as CEO BLOOMFIELD, US – News Direct – 27 December 2021 – QX Global Group, a global leader in knowledge process outsourcing services with a significant and growing presence in North America, today announced the appointment of Sagar Ahuja as a Board Director with an additional role of CEO of […]
Today, investing in cryptocurrency is one of the most rapidly developing and promising trends in the modern financial market. Due to the unstable economic situation, more and more people started thinking about additional sources of income. Primarily, people are interested in how to invest and in finding projects offering the best return. Also, they are worried about safeguarding our investments against losses during spikes in the price […]
By Matein Khalid As the 5% crude oil plunge in both WTI and Brent on fears of Omicron demand shock demonstrates, the fate of the virus is inextricably linked to global economic growth, Fed policy and thus commodities returns. Yet thanks to black gold’s stellar performance the GSCI Energy index was a winner in 2021, up 47%. Even Brent rebounded 4% to 74 a barrel in its […]
Peru’s Export and Tourism Promotion Agency (PROMPERÚ) is promoting chia, quinoa and cranberries on the Vietnamese e-commerce platform Chopp Peru is promoting table grapes in AEON and Central Retail supermarkets during December HO CHI MINH CITY, VIETNAM – Media OutReach – 23 December 2021 – Peru is continuing its strategic plan to consolidate its exports in Asian markets such as Vietnam, where its food exports grew by […]
A Clear Agenda Towards Sustainability Leadership HONG KONG SAR – Media OutReach – 22 December 2021 – Following the announcement of our 2030 Sustainability Goals and Targets in December 2020, Hang Lung Group Limited (Stock Code: 00010) and Hang Lung Properties (Stock Code: 00101), collectively, “the Companies” or “Hang Lung”, have now taken another big step forward by establishing 25 targets to be achieved by the end of 2025 (“25 […]
HONG KONG SAR – Media OutReach – 22 December 2021 – Global logistics service provider Rhenus in Hong Kong collaborates with Geek+ to co-develop smart logistics solutions through automation of warehousing operations with autonomous mobile robots (AMRs). Geek+, a global AMR leader, and Rhenus Hong Kong are proud to announce the successful deployment of the first AMR-operated Rhenus warehouse in Asia. The impact of COVID-19 continues to be felt […]
Arabian Post Staff CARS24, India’s e-commerce platform for pre-owned vehicles, announced the closing of a $400 million round of funding, including a $300 million Series G equity round alongside $100 million debt from diversified financial institutions. This is CARS24’s third round of fund raising in over a year and values the used cars e-commerce player at $3.3 billion, about double the valuation from its previous round in […]
Arabian Post Staff Following the opening of the final phase of Concourse A at Dubai International’s (DXB) Terminal 3, the world’s busiest international airport is 100% operational with all terminals, concourses, lounges, restaurants, and retail outlets now open. Terminal 3 is expected to serve more than 1.6 million passengers in the second half of December during the month’s peak seasonal travel period. Visitors to Dubai exceeded 1 […]
SINGAPORE – Media OutReach – 19 December 2021 – On December 18, MetaPoly, a digital art brand under Poly Auction (Xiamen), announced that it has inked a crypto art cooperation agreement with TRON Founder Justin Sun to jointly seek in-depth integration between traditional culture and crypto art. This partnership, intended to advance digital culture, has won support from a number of institutions. Poly Xiamen will hold exhibitions and events […]
By: Marc Meyer, CCO at Transmetrics The MENA region has seen a paradigm shift when it comes to online shopping and its delivery network—and the supply chain is now being asked to rise to the occasion. According to Christine Harb from the Global Brand Council at Visa, about 80% of consumers in the UAE have changed their spending habits and shifted towards online purchasing. MENA has seen […]
HONG KONG SAR – Media OutReach – 17 December 2021 – Hong Kong Science and Technology Parks Corporation (HKSTP) is forming a series of strategic partnerships with global leaders such as leading technology distributor and solutions provider Avnet and diversified financial services group ORIX to foster a new wave of engineering talent and fast-rising startups in the advanced hardware and digital technologies sectors. The combination of technology, […]
KAOHSIUNG, TAIWAN – Media OutReach – 17 December 2021 – After the global outbreak of the pandemic, there’re not only changes in our daily life, but also major changes in urban transformation. Taiwan’s economic growth rate (year on year, yoy) in 2020 is 2.98%, and it is the best performer among the developed countries in the world. Kaohsiung is also well equipped with water, electricity, land, human […]
Arabian Post Staff GCC policymakers must navigate a challenging and uncertain landscape as the pandemic continues to cloud the global outlook and countries are in different phases of recovery, with varied growth prospects and policy space, IMF said in an assessment of the GCC economies. The Fund noted that GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. […]
By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]
HONG KONG SAR – Media OutReach – 16 December 2021 – On December 16, 2021, the 28th World Travel Awards (“WTA”) has unveiled its Global 2021 list of winner, Chinese business jet company Sino Jet among the top private jet companies worldwide, took the highest honour of the “World’s Leading Business Jet Company Award” for the second consecutive year. Sino Jet believes that operation at the highest […]
Hong Kong Secondary School Students Tackle Mathematics Problems at Postgraduate Level Demonstrating Exceptional Analytical Strengths in Mathematics and Science HONG KONG SAR – Media OutReach – 16 December 2021 – Tsz Hin Chan from Pui Ching Middle School received the Gold Award for his research report titled “On Non-Torsion Solutions of Homogeneous Linear Systems over Rings” at the 2021 Hang Lung Mathematics Awards. The Scientific Committee noted that Tsz Hin’s research […]
SINGAPORE – Media OutReach – 16 December 2021 – VP Bank announces the appointment of Chris Chee as the Chief Risk Officer (CRO) Asia, effective 16 December 2021, pending approval by the relevant financial market authorities. The appointment comes just as the Bank announced the expansion of its Hong Kong office in November, aligning with its Strategy 2026 to further growth in Asia. Based in Hong Kong, Chris will […]
Integrating power sensor and meter into a single easy-to-use instrument, the new RF power meter simplifies monitoring and enables precise control DENVER, COLORADO – Media OutReach – 15 December 2021 – Advanced Energy (Nasdaq: AEIS) – a global leader in highly engineered, precision power conversion, measurement and control solutions – today announced the GEMINI™ 5540A RF (Radio Frequency) power meter. The new power meter delivers highly accurate in-line RF power measurement […]
JAKARTA, INDONESIA – Media OutReach – 15 December 2021 – Siklus, an Indonesia-based firm solving economic and environmental issues through its e-commerce and refill delivery solution, is reporting its business growth and environmental impact results for 2021. Laksamana Sakti (Head of Operations) & Jane von Rabenau (CEO) Business growth: After focusing efforts on R&D, pilot testing, and fine-tuning its business model the previous year, Siklus kick-started sales in Jakarta in January […]
AMSTERDAM, THE NETHERLANDS – Media OutReach – 15 December 2021 – Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted SME exporters and importers, with the trade finance gap widening to 1.7 trillion USD, 15% […]
