With first successful deployment at The Bank of East Asia (OTC:) HONG KONG, Dec. 18, 2024 /PRNewswire/ — HKT (SEHK: 6823) and LeapXpert today announced a collaboration to offer secure and regulatory compliant digital communication solutions for businesses, especially financial institutions, with first deployment by The Bank of East Asia, Limited (“BEA”).Leveraging HKT’s robust fixed and mobile network infrastructure as well as expertise in system integration, along with LeapXpert’s experience in providing comprehensive communication compliance solutions, this collaboration enables businesses to communicate with their customers using the preferred channels of the latter, including social media platforms such as WhatsApp,…
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Since Donald Trump was announced president-elect, the S&P 500 (SNPINDEX: ^GSPC) has gained roughly 2% while the Nasdaq Composite (NASDAQINDEX: ^IXIC) has jumped by about 5%. At a high level, these moves suggest that stocks have broadly been moving higher over the last month or so. However, two stocks moving in opposite directions since the election was called are government consulting operation Booz Allen Hamilton (NYSE: BAH) and enterprise software company Palantir Technologies (NASDAQ: PLTR). Since Nov. 6, shares of Booz Allen declined roughly 25% while Palantir stock soared by almost 40% (as of market close on Dec. 13). But in…
Investing.com– Foxconn (SS:) had approached Japanese carmaker Nissan Motor Co., Ltd. (TYO:) for a potential controlling stake, Bloomberg reported on Wednesday, as the Taiwanese tech giant seeks to push aggressively into building electric vehicles. Foxconn, known formally as Hon Hai Precision Industry Co Ltd (TW:), is likely interested in Nissan’s lineup of automobiles, not just its automaking infrastructure, the Bloomberg report said. The Taiwanese firm has been heavily investing in making EVs, and had even named former Nissan (OTC:) and Nidec executive Jun Seki as the chief strategy officer of its EV business in 2023. Foxconn had spun off its…
Christopher Koeppen, the Chief Innovation Officer at Coherent Corp. (NYSE:), recently executed two significant sales of company stock, according to a recent SEC filing. The transactions come as the company’s stock has shown remarkable strength, posting a 147% gain year-to-date and trading near its 52-week high of $113.60. On November 22, Koeppen sold 2,248 shares at a price of approximately $105.00 per share. This was followed by another sale on December 16, where he sold 2,916 shares at a price of $108.84 per share. The total value of these sales amounts to $553,428. According to InvestingPro data, the stock has…
As sustainability-aware investors look ahead to 2025, six themes are likely to dominate their lists. They include environmental, social, and governance regulations, carbon-transition investing, sustainable bonds, the reshaping of the global ESG fund landscape, biodiversity finance, and the ethics of artificial intelligence. We discuss them below.A Testing Year for ESG RegulationsWe expect 2025 to be a critical juncture for the EU’s credibility, particularly with the forthcoming results of the Sustainable Finance Disclosure Regulation review and the first wave of Corporate Sustainability Reporting Directive reporting. Corporates and politicians are putting pressure on EU regulators to demonstrate the value and efficacy of…
Toyota City, Japan, Dec 18, 2024 – (JCN Newswire) – – Toyota Motor (NYSE:) Corporation (Toyota) has announced that its new production plan for fuel cells and a water electrolysis system to supply hydrogen was selected by the Ministry of Economy, Trade and Industry (METI) as a successful applicant for its Support Program for Building GX Supply Chains. This METI program is based on the Draft Act for a Smooth Transition to a Decarbonized, Growth-Oriented Economic Structure (GX Promotion Act). It aims to establish a domestic manufacturing supply chain in the GX field, such as for fuel cells and water…
By Timour Azhari and Anthony Deutsch QUTAYFAH, Syria (Reuters) -An international war crimes prosecutor said on Tuesday that evidence emerging from mass grave sites in Syria has exposed a state-run “machinery of death” under toppled leader Bashar al-Assad in which he estimated more than 100,000 people were tortured and murdered since 2013. Speaking after visiting two mass grave sites in the towns of Qutayfah and Najha near Damascus, former U.S. war crimes ambassador at large Stephen Rapp told Reuters: “We certainly have more than 100,000 people that were disappeared into and tortured to death in this machine. “I don’t have…
(Bloomberg) — Treasury 10-year yields may climb to 6% for the first time in more than two decades as US fiscal woes worsen and Donald Trump’s policies help keep inflation elevated, according to T. Rowe Price. Most Read from Bloomberg The benchmark yield may first reach 5% in the first quarter of 2025 before potentially climbing further, Arif Husain, chief investment officer of fixed-income, wrote in a report. Husain is doubling down on calls for higher yields, citing persistent US budget deficits as Trump cuts taxes during his second presidency, as well as potential tariffs and immigration policies that would…
Chinese and Hong Kong flags flutter as screens display the Hang Seng Index outside the Exchange Square complex, which houses the Hong Kong Stock Exchange (HKEX), on January 21, 2021 in Hong Kong, China.China News Service | China News Service | Getty ImagesHong Kong recorded a notable pickup in listing activities this year, as more Chinese companies turned to the city to raise capital and investors grew optimistic after Beijing pledged to support the offshore market.The Hong Kong stock exchange saw new listings jump for the first time after three consecutive years of declines, in terms of deal values, according…
Investing.com– Global logistics giant FedEx Corporation (NYSE:) is set to report its quarterly earnings later this week, with analysts at Stifel predicting a sharp move in the stock, especially if it announces plans to spin off its freight business. Stifel said that FedEx’s shares were set for a “sizable move” after the company reports its quarterly earnings after the close on Thursday, with the options market implying an at least 10% move in either direction. Stifel rates FedEx as Buy with a target price of $321.0. A main point of focus will be the firm’s update on the strategic review…