Germany's financial regulator BaFin looked into suspicions of insider trading in carmaker Daimler's shares, including with respect to purchase of a stake in UK luxury carmaker Aston Martin by Mercedes ... ( read original story ...)
Is Now the Right Time to Buy Coupang Stock?
One company that has benefited from industry growth is South Korea-based Coupang (NYSE:CPNG), which has a business model similar to Amazon and JD.com. The company just IPO'd this spring, and has grown ... ( read original story ...)
Fitch Revises Rating Watch on Huarong Financial Leasing to Evolving
Fitch Ratings has revised the Rating Watch on China Huarong Financial Leasing Co., Ltd.'s (Huarong Financial Leasing) Long-Term Issuer Default Rating (IDR) of 'BBB-' to Evolving (RWE) from Negative ... ( read original story ...)
Swedish finance head front-runner for PM
The resignation of Swedish Prime Minister Stefan Lofven brings the largest Nordic economy a step closer to its first-ever female prime minister, and with it the task of fixing an ailing political ... ( read original story ...)
Taiwan Innovative Space will conduct a test launch of its Hapith I rocket in Australia later this year
Australian regulators have given Taiwan Innovative Space, a five-year-old launch company that goes by Tispace, the green light to conduct a commercial launch at a newly licensed facility in southern ... ( read original story ...)
EMERGING MARKETS-Taiwan stocks jump on local vaccine rollout, rupiah leads Asia FX higher
Taiwan stocks post biggest jump in 3 months * S. Korean, Indonesian and Thai stocks up 1% * Focus now on Bank of Korea decision later this week By Aug 23 (Reuters) - Taiwan stocks soared over 2% on ... ( read original story ...)
TaskUs Ensures All 30,000+ Employees Benefit from Company IPO
As part of its successful IPO on NASDAQ on June 11, TaskUs committed to paying a cash or equity award to every one of their over 30,000 employees. Hundreds of the company's leaders around the globe ... ( read original story ...)
Blockchain Firm XREX Secures $17 Million in Funding
XREX, a Taiwan-based blockchain company, announced today that it has raised $17 million in the pre-A funding round to expand its fiat currency portfolio. ( read original story ...)
Asian markets and oil bounce after last week’s tumble
Focus is now on Fed chief Jerome Powell’s speech to the Jackson Hole annual conference of central bankers and finance chiefs ... more than two percent, as did Taipei, while Tokyo, Shanghai ... ( read original story ...)
Intel CEO Calls Chip Maker ‘Willing Buyer’ as Industry Consolidates
Intel Corp. chief executive Pat Gelsinger is committed to buying other chip-makers as the industry consolidates, despite a leading acquisition candidate's plan to go public. ( read original story ...)
Blockchain startup XREX gets $17M to make cross-border trade faster
Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster transactions with products like a payment escrow service and crypto-fiat exchange platform. The ... ( read original story ...)
XREX Raises $17M to Expand Fiat Currency Portfolio and Partnerships
Using blockchain technology to solve dollar liquidity shortage issues in emerging marketsTaipei, Taiwan, Aug. 22, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire) XREX, a crypto-fiat fintech company ... ( read original story ...)
Christopher Chye Joins XREX as Managing Director of Singapore and Director of Products
XREX Inc. announced today that Christopher Chye has joined the company as Managing Director of XREX Singapore and Director of Product of XREX Inc. In this dual role, Chye will oversee XREX's ... ( read original story ...)
‘Let Me Be Blunt’: Taiwan Finance Minister Claims China ‘dreams Of Emulating’ Taliban
Taiwan's foreign minister on Friday lambasted the People’s Republic of China saying that President Xi Jinping's regime is motivated to "emulate" the Taliban. Taiwan’s Joseph Wu referred to Beijing’s ... ( read original story ...)
Taiwan says sees ‘balance’ in auto chip supplies by fourth quarter
Global supply and demand for auto chips should reach a "balance" by the fourth quarter of 2021, Taiwan's government said on Saturday, reiterating its commitment to doing its part to tackle a shortage ... ( read original story ...)
US back-pedals after Biden suggested it would defend Taiwan against Chinese military attack
The US has stressed that its position on Taiwan has not changed after President Joe Biden suggested his administration would defend the island against a military attack. The US has long upheld a ... ( read original story ...)