Abu Dhabi Updates its Inbound Travel Restrictions 

The capital of the United Arab Emirates, Abu Dhabi has added more countries to its green list. The list includes all those countries from where travelers entering into the emirate will not be mandated to quarantine.

The updated green list will come into effect today and includes the US,...

Srinagar added to UNESCO's list of creative cities

The capital of Jammu and Kashmir, Srinagar is among the 49 cities in the UNESCO creative cities network. These 49 cities have been added to the network of 246 cities by the Audrey Azoulay, the Director-General of UNESCO.

Highlights

• Srinagar becomes one...

Department of Health removed people with disabilities from priority list of vaccine rollout

Highlights

• People with disabilities removed from the Covid-19 vaccine priority list
• Lack of transparency was seen from the Department of Health

According to former Labor leader Bill Shorten, the government has removed people with dis...

UK REMOVED PORTUGAL FROM ITS GREEN TRAVEL LIST

Highlights:

• United Kingdom has removed Portugal from its green travel list from Tuesday
• Portugal will now join the amber list, which means that the people must isolate themselves for 10 days

The government of United Kingdom has remov...

UK: HEATHROW AIRPORT OPENS TERMINAL 3 FOR RED LIST COUNTRIES

Highlights:

• The Heathrow Airport of London has opened the terminal for the red list such as India
• The travellers on the direct flights from such countries will now be going through the Terminal 3 and they will be moved to the quarantine facility
...

UK TO REVIEW ITS TRAVEL RED LIST IN JUNE 2021

Highlights:

• The government of United Kingdom is going to review its travel red list in the month of June 2021
• More than 40 countries have been listed in the red list of the United Kingdom

The government of United Kingdom is going to ...

AFTER BEING DRAGGED TO COURT, US DECIDES TO REMOVE XIAOMI FROM BLACKLIST

Highlights

• According to a filing to the US courts on Tuesday, after being dragged to the court the US Defense Department now has agreed that a final order vacating the designation would be appropriate

• The impact of this news was clearly visible on the stock marke...

DREAM SPORTS, PARENT COMPANY OF DREAM11 WORKING ON US LISTING BY 2022

Highlights

• The report stated that Dream Sports is in talks with investment banks for the proposed initial public offering (IPO) and the list might value it at $6 billion

• While no details about the development have been given by the company spokesperson, sources c...

CHINESE INVESTORS ARE INVESTING MORE ON MMF SINCE MID-FEBRUARY

Highlights –

• Chinese investors are investing more on MMF since mid-February.
• China’s blue-chip index posted the worst monthly performance in March.
• The Hwabao WP Listed Money Market ETF saw its total units increase 21% to 1.77 b...

DIDI LIKELY TO LEAD IPO THROUGH GOLDMAN, MORGAN STANLEY

Highlights –

• Didi likely to lead IPO through Goldman, Morgan Stanley.
• China’s top ride-hailing firm is backed by SoftBank, Alibaba and Tencent.
• If Didi decides to sell 10% of its shares, itcould raise about $10 billion.
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JAPAN ADDS 3 NEW COUNTRIES UNDER BORDER CONTROL LIST FOR COVID-19

Highlights –

• Japan adds 3 new countries under border controls for COVID-19.
• Border controls on travellers from Spain, Finland and Ontario has been added to the list.
• The travellers from these areas will have to undergo quarantine once...

S. KOREAN LISTED FIRMS SAW NET PROFIT INCREASE BY 20 PERCENT IN 2020

Highlights –

• S. Korean listed firms saw net profit increase by 20 percent in 2020.
• The combined annual net income 694 KOSPI-listed companies came to $56.25 billion.
• Around 479 firms were in black, and 215 firms suffered losses.
...

UNITED KINGDOM ADDED MORE COUNTRIES TO ITS RED LIST

Highlights:

• United Kingdom has added Pakistan, Philippines, Kenya and Bangladesh to its red list of travel
• The government of UK has taken this decision for protecting the country against the new variants of the corona virus

The gover...

UNITED KINGDOM’S GOVERNMENT IN TALKS OVER EXPANSION OF COVID-19 TARVEL RED LIST

Highlights:

• The government of UK in talks over the expansion of the corona virus travel red list
• The discussions are underway as the ministers are facing growing pressure for preventing the novel corona virus variants

The discussions...

CHINA’S RIDE APP DIDI LIKELY TO PICK NEW YORK FOR ITS UPCOMING IPO

Highlights –

• China’s ride app Didi likely to pick New York for its upcoming IPO.
• The company is hoping for a valuation of at least $100 billion.
• Didi is said to have discussed the option of listing via a SPAC.
• In 2019...

BAIDU INC. CLOSED FLAT ON ITS DEBUT IN HONG KONG SECONDARY LISTING

Highlights –

• Baidu Inc. closed flat on its debut in Hong Kong secondary listing.
• China’s Bilibili raised a lower-than-expected $2.6 billion in its secondary listing.
• On Tuesday’s session, Hong Kong’s Hang Seng Index ...

COINBASE’S PLANS TO GO PUBLIC POSTPONED UNTIL APRIL 2021

Highlights:

• Coinbase has not made any official comment on the reason for delaying its debut on Nasdaq

• The cryptocurreny exchange was set to trade about 114.9 million shares last week

Coinbase, the cryptocurrency which was se...

ADA AVAILABLE FOR RETAIL TRADERS ON COINBASE

Highlights:

• ADA, recently listed on Coinbase is now available for retail traders

• The currency is up 3%

Coinbase has not listed Cardano’s ADA until recently. However with Coinbase pro has listing ADA on its platform, it...

CHINA’S PINDUODUO E-COMMERCE FIRM REPORTS A 146% SURGE IN QUARTERLY REVENUE

Highlights –

• China’s Pinduoduo e-commerce firm reports a 146% surge in quarterly revenue.
• The company reported 788.4 million annual active buyers until the end of 2020.
• The company’s shares fell by 9% in pretrade activity ...

BAIDU INC. TO PRICE ITS SHARES $32.45 EACH AT HONG KONG SECONDARY LISTING

Highlights –

• Baidu Inc. to price its shares $32.45 each at Hong Kong secondary listing.
• Baidu reportedly will sell 95 million shares as part of the upcoming transaction.
• Baidu is reported to start trading its shares on the Hong Kong ...