Ant Group Increased Registered Capital by Nearly 50%
Ant Group, which largest financial subsidiary is Alibaba for e-commerce, has significantly increased its registered capital by nearly 50 percent amid the Chinese government's tightening regulations and pressure on big tech, the Sina Finance reported on the 12th. According to...
Job Creation and Destruction Rate
Technology has helped many aspects of human life. From daily activities such as cooking to complex jobs in industry. Another impact of the technological development is on the job creation and destruction rate. For example, after the existence of computers,...
Skills Improvement Programs for Workers: Several Countries’ Roles in It
Skills improvement has been an aspect a number of countries focusing on. Therefore, in the last few years, they have developed innovative funding mechanisms to finance workers recovery. According to World Economic Forum, Singapore has recently complemented its pioneering Skills...
HSE Suspends Evergrande Shares Trade
Shares of Chinese real estate developer Evergrande Group, which have been embroiled in rumors of bankruptcy, were suspended from trading on the Hong Kong stock market today (4th). According to Bloomberg News, trading in the Hong Kong stock market of...
Evergrande Nearing Default, Failing the 29th Dued Payments
Chinese private real estate developer Evergrande, which is on the verge of default, failed to properly pay interest on dollar bonds scheduled to be paid on the 29th following the 23rd. According to Reuters on the 30th, holders of Evergrande...
Stocks of Related Companies Jump Along ‘Squid Game’ Popularity
As related stock prices soared with Netflix's original drama "Squid Game," which is gaining popularity around the world, Korean content is said to be a serious threat to Hollywood. Bloomberg reported on the 27th that the stock prices of related...
Evergrande Reportedly Fails to Pay Interest, Bankruptcy Confirmed?
China's second-largest real estate developer Evergrande, which is reeling from the worst liquidity crisis, reportedly failed to pay interest on dollar-denominated bonds. Concerns are growing over Evergrande's bankruptcy. According to reports from Reuters and others on the 24th, Evergrande had...
Can Evergrande Pay Their Debt to Avoid Bankruptcy?
Attention is focusing on whether Evergrande, China's largest private real estate developer with debt of 1.95 trillion yuan, will meet the bond payment deadline on the 23rd. The maturity of $83.5 million worth of five-year bonds issued by Evergrande will...
Top 10 Asia Unicorn Startups Valued at Over $1 Billion
A unicorn startup is a privately held startup company that is valued at more than $1 billion. The term "unicorn" as a description for a business that already has a financially strong corporate entity and a business concept, is no...
US Dollar (USD) Exchange Rates against Asian Currencies, September 14
The US Dollar (USD) exchange rates against Asian currencies for September 14. Convert from Convert to Value USD Australian Dollar (AUD) 1.35774 USD Bangladeshi Taka (BDT) 84.93983 USD Brunei Dollar (BND) 1.33965 USD Cambodian Riel (KHR) 4072.22039 USD CFP Franc...
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