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Peak Global Management Japan Press Release: What to Do If You Fall Prey to Online Scam The investment and business world can seem a treacherous place sometimes, with the risk of people who would take advantage of unsuspecting victims. Whether through malicious software, false pretenses, or other schemes, fraudsters make use of many psychological tactics […]readmore
Omega Management Korea: Types of People At Risk for Fraud Scams and con artists have only proliferated in the modern era, it seems. With many transactions involving money, cryptocurrency, and investments, there is plenty of opportunity for fraudsters to take advantage of unsuspecting people. In recent memory, one of the worst cases was the Ponzi […]readmore
China-based Fuyao Glass Industry Group, whose U.S. plant was the subject of the Oscar-winning documentary “American Factory” in 2020, plans to raise to HK$4.3 billion, or $550 million, in a stock sale amid improvement in its business this year, according to a Hong Kong Stock Exchange filing on Sunday. The glass supplier, whose auto industry customers include Toyota, Volkswagen, General Motors, Ford and Hyundai, plans to sell 101.1 million shares at HK$42.64, representing a fully diluted 3.9% stake. Fuyao’s shares trade in Hong Kong and Shanghai. Fuyao expects that China’s automobile industry “will recover and rebound in 2021” compared with pandemic-hit 2020, the readmore
ToplineDespite international aid efforts ramping up, the second wave of Covid-19 infections in India continues to intensify, yielding a new record high for daily deaths on Sunday and prompting an outcry—from businessmen and public officials alike—for government intervention to help ease the rate of infection. Key Facts In a Sunday statement for the Confederation of Indian Industry, Indian billionaire Uday Kotak called on increased lockdown measures in India and urged "the strongest national steps, including curtailing economic activity, to reduce suffering." India's Ministry of Health and Family Welfare reported 3,689 new Covid-19 deaths Sunday, marking the readmore
Singapore-listed Olam International said its food ingredients subsidiary is buying Olde Thompson, a U.S.-based maker of private label spices and seasonings, at an enterprise value of $950 million. The agricultural commodities trader said in February that it has appointed financial and legal advisers to prepare for the initial public offering of Olam Food Ingredients (OFI), which supplies cocoa, coffee, nuts, spices and dairy. OFI said the acquisition of Olde Thomson will transform its spice business and be earnings accretive from the first year onwards. “Growing our offerings of private label solutions is right at the heart of OFI’s readmore
Eight years ago this month, the Bank of Japan embarked on one of economic history’s most audacious journeys to end deflation. How far has Governor Haruhiko Kuroda’s team gotten? Not very. In fact, by some measures, the BOJ is now shifting into reverse. That’s the sad implication of Kuroda admitting on Tuesday that rather than 2% inflation, his team will be lucky to hit 1% by 2023. Where things went so wrong has myriad lessons for policymakers from Seoul to Washington. When Kuroda announced the 2% goal in April 2013, the plan was for a two-year timeline. The BOJ began with a readmore
Indonesian e-commerce unicorn Bukalapak is said to have attracted more investors in its latest funding round that raised more than $400 million, according to a report from DealStreetAsia. Bukalapak’s recent corporate filing indicates the London branch of Swiss investment bank UBS Group AG and Malaysian conglomerate Genting Berhad subsidiary Resorts World are among the latest backers, the report said. UBS AG London is apparently serving as a nominee for an unidentified client. The bank, which received the largest amount of shares during the funding round, is now holding a 2.5% stake in Bukalapak. Mitra Bukalapak in 2017, which aims to provide services readmore
Roy Chung, a cofounder of power tools maker Techtronic Industries (TTI), has joined the ranks of the world’s billionaires with an estimated net worth of $1.1 billion, thanks to the recent rally in the company’s shares. Techtronic, which is known for its Milwaukee and Ryobi brand of cordless power tools, has seen its shares soar 244% since March last year as Covid-19 tilted the global economy into recession. Lockdowns aimed at slowing the spread of the illness proved to be an unexpected boost for the company: Consumers who were confined to their homes decided it was a good time to readmore
Bastion Balance Press Release 2022: Avoiding Cyber Fraud In The Digital Age And Beyond In the modern world, fraudsters and con artists have developed sophisticated techniques to deprive honest people of their assets and wealth. As business transactions and banking has migrated to the online sphere, so too has the world of deceptive practices. Thus, […]readmore
A significant portion of the garage door market in Canada and the United States serves commercial clients. Whether restaurants, warehouses, retail stores, parking garages, or a host of other entities, these businesses often require large, electrically-operated garage doors to accommodate delivery vehicles, guests, and other automobiles. In this article, we will examine the existing commercial […]readmore
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