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EVERY HIGHSNOBIETY READER SHOULD BE AWARE OF THESE 22 KOREAN BRAND NAMES
Seoul, Korea is rapidly becoming one of the world's most important fashion capitals, and Seoul Fashion Week is growing in popularity. The current numbers also do not mislead. From 2020 to 2022, the market's total revenue increased by approximately 10%, from $28.36 billion to $37.18 billio...
Like a ticking doomsday bomb? One 'Big Short' investor predicts a global financial crisis due to the property market.
Investors in the "Big Short" believe another financial catastrophe is brewing in the real estate market, more than a decade after the U.S. mortgage meltdown nearly destroyed the global financial system. CEO of DeltaTerra Capital, an investment research company that seeks to help clients...
Gains in LG's market capitalization have been the highest among major companies.
With Chairman Koo Kwang-mo at the helm, the South Korean conglomerate LG has been able to outpace its larger competitors Samsung, SK, and Hyundai Motor in terms of overall market value growth over the past year thanks to its focus on change, innovation, and the development of new growth engines. ...
Like a ticking doomsday bomb? One 'Big Short' investor predicts a global financial crisis due to the property market.
Investors in the "Big Short" believe another financial catastrophe is brewing in the real estate market, more than a decade after the U.S. mortgage meltdown nearly destroyed the global financial system. CEO of Delta Terra Capital, an investment research company that seeks to help client...
More and more groups are coming together to support ONDC, which bodes well for the realization of the vision of open, unfettered e-commerce.
Gopal Srinivasan, Chairman and MD of TVS Capital, has said, "The limit of ONDC (Open Network for Digital Commerce) is the limit of our own imagination." When Kudumbashree, a government-supported network of women's neighborhood groups in Kerala, signed on to the plan in March, he cou...
In Punjab, Sangrur, the home district of Chief Minister Bhagwant Mann, has the most farm fires | Ground report
A delegation from India Today visited with farmers in the Sangrur district of Punjab, which accounted for 19% of farm fires on November 1.
Farm fires, considered a factor to rising pollution in the National Capital Region, once increased in the northern Indian states, particularly Punja...
Russia's missile strike on Ukraine shakes the capital and neighbouring locations
Ukrainian officials have claimed that dozens of Russian missiles were fired at civilian targets in many locations. Russian President Vladimir Putin justified the attacks by citing the blast on the Crimean-bound Kerch Bridge.
Biden and Zelenskyy talk about air defense.
On Teleg...
AMILI, a Singaporean gut microbiome startup, has raised $10.5 million in Series A funding
AMILI, a Singapore-based precision gut microbiome company, has raised $10.5 million in a Series A funding round led by Vulcan Capital, a technology and life sciences investor.
Pruksa Group, TVM Capital Healthcare, Emtek Group, Capital Code, Pureland Group, Blue7, and Enterprise Singapor...
'Not a bellwether' vote in the capital
According to academics, Chadchart Sittipunt's victory in Bangkok's gubernatorial election and the Pheu Thai and Move Forward parties' gains in the capital's councillor elections only represent the political mood in major cities.
According to unofficial city council elect...
MFS, an US$800 million electronics company, is being considered for sale by DCP Capital
According to persons familiar with the situation, DCP Capital is considering selling its controlling position in MFS Technology (S) Pte Ltd, a Singapore-based flexible printed circuit manufacturer.
According to the persons who asked not to be identified because they were discussing a pr...
Will Australia's major parties pledge to improve our whistleblowing law on World Press Freedom Day?
Press freedom, at its most basic level, is about the liberty to report and publish the truth without fear or favour. Whistleblowers – or truth-tellers – play a key role in this effort.
The fact that multiple public interest whistleblowers are still on trial in Australia is a...
Global Venture Capital Investment Market is Experiencing Tremendous Growth
There was a time when every entrepreneur believed that more the amount of risk, more profit you earn. This term has now been replaced with something called as ‘calculated risk’, and this is exactly what every venture capital company thrives on. Either to bet on the safest horse or gam...
Pantera’s Bitcoin Feeder Fund touches a $63.7 million funding
An American hedge fund, Pantera Capital that manages more than $6.4 billion in its blockchain-related assets, today has now accumulated funds around $63.7 million 153 investors for its Bitcoin Feeder Fund.
Pantera Capital was founded in the year 2003, CFO Dan Morehead (By former Tiger m...
Free Entry for UAE Students at Global Cloud Summit
FTFT Capital is a financial technology company based in the United Arab Emirates. The company announced on Tuesday that it will offer students of the country free passes to attend the GDCSS summit that will take place from 15th December to 17th December 2021 in Abu Dhabi.
The Summit wil...
JAPAN’S ECONOMY SHRANK IN JAN-MARCH PERIOD BY 3.9 PERCENT
Highlights –
- Japan’s economy shrank in Jan-March period by 3.9 percent.
- Real gross domestic product contracted 1.0 percent from the previous quarter.
- Government spending dropped 1.1 percent.
- Capital expenditure decrea...
CHINA’S INTEREST IN AUSTRALIAN PROPERTY DECLINES BY 29 PERCENT IN 2020
Highlights –
- China’s interest in Australian property declines by 29 percent in 2020.
- China’s total investment in Australian property reached $935.5 million in 2019.
- Canberra and Beijing’s international relations will...
UK’S SFO INVESTIGATING GFG ALLIANCE LED BY SANJEEV GUPTA
Highlights:
- The Serious Fraud Office or SFO of UK said that, it has been investigating the GFG Alliance led by Sanjeev Gupta
- The SFO said that, its investigation is covering the financial arrangement of the company with the Greensill Capital UK Ltd
JAPAN’S NOMURA HOLDINGS REPORTS A LOSS OF $2.3 BILLION
Highlights –
- Japan’s Nomura Holdings reports a loss of $2.3 billion.
- The loss was from trades tied to U.S. investment firm Archegos Capital Management.
- Nomura is not planning any major changes in its business strategies. ...
PANASONIC DECIDES TO FULLY ACQUIRE US. BLUE YONDER GROUP
Highlights –
- Panasonic decides to fully acquire the U.S Blue Yonder Group.
- Panasonic plans to strengthen its logistics business with Blue Yonder’s digital technology.
- Panasonic in 2020 had previously obtained a 20% stake in Blue...
IMPACT OF US' PLANS TO NEARLY DOUBLE CAPITAL GAINS TAX CLEARLY VISIBLE ON STOCK MARKETS
Highlights
• A report by Bloomberg stated that investors earning $1 million or more would have to pay a tax of 39.6 percent on any capital gains, which happens to be nearly double than the existing rate
• The report further said a separate surtax on investment income...