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The Hang Seng Tech Index sank as much as 4.5%, extending its tumble from a February high to about 30%.
NEW YORK: Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the "Saturday Night Live" comedy sketch TV show.
IN THE run-up to the 2020 United States election, a meme started making the rounds on Twitter. “Transport is climate policy, ” someone would tweet above an article about subway improvement. “Childcare is climate policy, ” they’d say about a paid maternity leave proposal. The quip applied to almost everything – even voting by mail.
India’s foreign-exchange market is getting roiled after the government told state-run banks to protect their dollar deposits due to a tax dispute.
HO CHI MINH CITY: Individual investors are piling into Vietnam stocks at an unprecedented pace, fuelling Asia’s biggest rally and stoking speculation that foreign funds will return after fleeing the market over the past year.
KUALA LUMPUR: The proposed Nenggiri Hydroelectric Dam Project, to be sited 30km away from Gua Musang in Kelantan, will add another 300 MW to Tenaga Nasional Bhd’s (TNB) total installed hydro capacity of 2,536.1 MW, once approved by the Energy Commission.
HOW does a corporate raise funds from the capital market? As they say, there is more than one way to skin a cat, there is also many ways to raise funds for a listed entity.
KUALA LUMPUR: The government has approved 7,387 applications for financing totalling RM1.38 billion under the Penjana Small and Medium Enterprise (SME) Financing programme as of April 9, 2021.
PETALING JAYA: Tropicana Corp Bhd’s flood mitigation system located at its Lido Waterfront Boulevard development in Johor is ready for handover to the local authority.
NEW YORK: As in the US, initial public offering (IPO) activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months.