PBOC RAISE RESERVE REQUIREMENT RATIO FOR FOREIGN CURRENCY DEPOSITS

Highlights –

• PBOC raise reserve requirement ratio for foreign currency deposits.
• Chinese currency renminbi (RMB) remains high against the U.S. dollar.
• RMB has likely experienced some overshooting against the U.S. dollar.
• RM...

PTT GROUP AND RENEW POWER DEAL CANCELLED

HIGHLIGHTS

• The deal between PTT Group and ReNew has been cancelled.
• Now PTT is considering to invest in renewable energy on many projects in the targeted countries including India.
• ReNew has acquired RMG Acquisition Corp.

...

PEOPLE’S BANK OF CHINA OUTLINED KEY POLICIES AND TASKS FOR 2021 IN BEIJING

Highlights –

• People’s Bank of China outlined key policies and tasks for 2021 in Beijing.
• PBOC will offer effective financial support in accelerating the construction of a new development paradigm.
• PBOC is said to implement prude...

BTS’ HIGH-OCTANE PERFORMANCE PRECEDED BY GLITZY AWARDS HAUL AT MAMA 2020

• With high-octane electrifying performances highlighting BTS introduction and winning trophies at major music awards around the world, BTS picked up the coveted prize at the Mnet Asian Music Awards (MAMA), the striking year-end music awards show in the K-pop industry, held late Sunday.

BTS UNKNOWINGLY IN MIDST OF AN UGLY ROW BETWEEN CHINESE AND KOREANS

• The controversial comment of K-pop attraction BTS on the Korean War (1950-53) is not ebbing in China ? and this offers some crucial tips about that country's political climate, according to experts.
• The seven-member team made the remark that has become a subject of controve...

BTS FETCHES PHENOMENAL ADULATION IN ONLINE CONCERT WITH 1 MILLION RAPT VIEWERS

• Nearly 1 million viewers watched an online concert of K-pop superstar BTS held over the weekend, the band's agency said Monday.
• Some 993,000 viewers from 191 countries and territories viewed with adulation "BTS MAP OF THE SOUL ON:E" that was streamed online due to...

JAPAN & UNOPS LAUNCH $1.3 M PROJECT

HIGHLIGHTS

• The Japanese Government has launched a $1.3 Million project with UNOPS.
• This project aims to enhance the operational capacity of the Jordan Royal Medical Services (RMS).

The Government of Japan and United Nations Office fo...

ITALIAN DESIGN HOUSE ZAGATO DESIGNED ALFA ROMEO TZ3 STRADALE ZAGATO ON SALE

Highlights:

• Zagato designed an Alfa Romeo which was based on the Dodge Viper model
• The car will be auctioned by RM Sotheby

The car was manufactured over 10 years ago. The 2010 Alfa Romeo TZ3 Stradale Zagato was unique in many aspects...

ASCENT SOLAR TECHNOLOGIES (OTCMKTS:ASTI) AGAINST RAMBUS (OTCMKTS:RMBS) WHO’S GOT THE BETTER NUMBERS?

Highlights:

• Ascent Solar Technologies (OTCMKTS: ASTI) and Rambus (NASDAQ: RMBS) are small-cap petroleum / energy companies
• Rambus has a median target price of $15.00
• Ascent Solar Technologies has a beta of 1.03

Ascent Sol...

A joint venture formed between Ant Financial Services Group and Vanguard

An investment-advisory service is soon to be launched by the Ant Financial Services Group, as well as, Vanguard, which is the 5.9 trillion dollar asset manager based in the United States, for the consumers of China.

This new joint venture will be offering the retail investors' servi...

NESPAK celebrates its 40th anniversary in Oman

National Engineering Services Pakistan (NESPAK) has organized a ceremony at the Oman Regional Office to mark the successful completion of its 40-year operations.

According to NESPAK spokesman here on Wednesday, Pakistan's business community also attended the ceremony in Oman, while ...