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News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. ISLAMABAD: The United States wasted billions of dollars in war-torn Afghanistan on buildings and vehicles that were either abandoned or destroyed, according to a report released Monday by a US government watchdog.The agency said it reviewed $7.8 billion spent since 2008 on buildings and vehicles. Only $343.2 million worth of buildings and vehicles “were maintained in good condition,” said the Special Inspector General for Afghanistan Reconstruction, or SIGAR, which oversees American taxpayer money spent on the protracted conflict.The report said that just $1.2 billion of the $7.8 billion went to pay for buildings and vehicles that were used as intended.“The fact that so many capital assets wound up not used, deteriorated or abandoned should h

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Expects to Record a 310.8% YoY Increase in Profit Attributable to Owners of the Company for the Year Ended December 31, 2020 HONG KONG, March 1, 2021 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company"; stock code: 1911.HK) announced today that, based on the preliminary review of the unaudited consolidated management accounts of the Company for the six months ended December 31, 2020, the Company expects to record full-year 2020 profit attributable to owners of the Company of RMB1,013.8 million, a 310.8% increase over the year ended December 31, 2019. This positive profit update is largely attributable to an increase in operating profit from China Renaissance's investment banking an

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. (RTTNews) - The Malaysia stock market headed south again on Friday, one session after snapping the three-day slide in which it had retreated more than 25 points or 1.7 percent. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau and it may take further damage on Monday. The global forecast for the Asian markets is mixed to lower on concerns over bond yields and sliding crude oil prices. The European and U.S. markets were mixed with a soft bias and the Asian markets are tipped to follow that lead. The KLCI finished slightly lower on Friday following losses from the glove makers and plantations, while the financials and telecoms were mixed. For the day, the index dipped 3.79 points or 0.24 percent to finish at 1,577

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Yichuan Cao/NurPhoto via Getty ImagesWalmart has reportedly poached two Goldman Sachs bankers to help it run its new fintech venture. The retailer announced a partnership with Ribbit Capital to offer financial products in January. Walmart's latest move represents a commitment to forging a path in the financial world. Visit the Business section of Insider for more stories. As Walmart looks to launch a fintech startup, the retailer is turning to Wall Street veterans to help it move into the banking world. Walmart Inc. has picked up two senior bankers from Goldman Sachs to help lead the retailer's new fintech startup arm, Bloomberg reported on Sunday. Omer Ismail, the head of Goldman's consumer bank, and David Stark, one of his

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. BEIJING: China has given conditional approval for a single dose Covid-19 vaccine, touted to be a rival to Johnson & Johnson's one-jab shot cleared by the US drug regulator on Sunday.China's first Ad5-nCoV Covid-19 vaccine was rolled out on Friday, the state-run Global Times reported on Sunday.Phase-I clinical trials of the vaccine started on March 16, last year, making it the world's first Covid-19 candidate vaccine that entered clinical trials, it said.It is the only single-dose Covid-19 vaccine that has been given conditional approval to be rolled out in China, the report quoted last Friday's story by the state broadcaster China Central Television (CCTV).People can get desirable protective effect after 14 days of inocula

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. WASHINGTON: The United States on Saturday authorized Johnson & Johnson's Covid vaccine for emergency use, giving the nation a third shot to battle the outbreak that has killed more than 500,000 Americans.The single-shot vaccine is highly effective in preventing severe Covid-19, including against newer variants, the Food and Drug Administration (FDA) said before giving it a green light."This is exciting news for all Americans, and an encouraging development in our efforts to bring an end to the crisis," US President Joe Biden said in a statement.But he urged Americans to remain vigilant with anti-virus curbs such as social distancing, warning that new variants of the virus still posed a threat."But we cannot let our guar

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. LOS ANGELES, Feb. 27, 2021 /PRNewswire/ --  Goli Nutrition, creators of the world's first Apple Cider Vinegar gummy and the world's most powerful Ashwagandha (ASHWA) gummy, has expanded its existing partnership with Vitamin Angels for World Non-Governmental Organization (NGO) Day, donating a 5 year supply of essential vitamins to children in need for every purchase made on February 27th. "Since inception, Goli Nutrition has been on a mission to make living a healthy lifestyle more accessible to everyone," said Goli Nutrition Co-founder, Michael Bitensky. "That mission has driven us to donate a 6 month supply of essential vitamins to  Vitamin Angels for every single purchase made on Goli.com. For World NGO Day, we are

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Product photos are available at: https://www.inspection.gc.ca/eng/1614455379376/1614455379594 OTTAWA, ON, Feb. 27, 2021 /CNW/ - AJ International Trading is recalling Goldroast brand Instant Nutritious Cereal – Original Flavour from the marketplace because it contains milk which is not declared on the label. People with an allergy to milk should not consume the recalled product described below. The following product has been sold in Ontario and may have been distributed in other provinces and territories. Recalled product Brand Product Size UPC Codes Goldroast Instant Nutritious Cereal – Original Flavour 600 g 6 920118 519567 All lot codes where milk is not declared on the label What you should do Check to see if you

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. There are plenty of ways to measure austerity. Before, during and after the budget this week, voters will hear Rishi Sunak herald the end of tight spending as the government builds a bridge from the pandemic to a glorious recovery.What economists do when they want to kick the tyres on such claims is look at the Treasury’s books. They want to see whether public spending is contracting or expanding. And if there is a squeeze, we can be said to be living in a period of austerity.In the period when George Osborne was chancellor, his supporters would claim that after the first two years of his reign, the spending taps were turned on again and austerity was no more.Many were unhappy that the state was playing a significant role – believing more aus

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. DHAKA: Bangladesh is under "no obligation" to shelter 81 Rohingya Muslim refugees adrift for almost two weeks on the Andaman Sea and being assisted by neighbouring India, said Bangladesh foreign minister A.K. Abdul Momen.Indian Coast Guard found the 81 survivors and eight dead crammed onto a crippled fishing boat and were trying to arrange for Bangladesh to take them, Indian officials said on Friday.But Momen told Reuters late on Friday that Bangladesh expects India, the closest country, or Myanmar, the Rohingyas' country of origin, to accept them."They are not Bangladesh nationals and in fact, they are Myanmar nationals. They were found 1,700 km (1,100 miles) away from the Bangladesh maritime territory and therefore, we ha

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. NEW YORK: The UN Security Council on Friday unanimously passed a resolution calling on all member states to support a "sustained humanitarian pause" to local conflicts, in order to allow for Covid-19 vaccinations.Resolution 2656, adopted unanimously by the 15-member council, will enable the vaccines, which COVAX began distributing on February 24, to reach those living in conflict areas.The resolution calls on all UN member states to fund the COVAX initiative in order to help developing countries access coronavirus vaccines; to cooperate on overcoming logistical barriers to equitable access, including the inclusion of vulnerable groups such as refugees in national vaccination programs; and to support local ceasefires so coronavirus v

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. VANCOUVER, BC, Feb. 26, 2021 /CNW/ - TSX VENTURE COMPANIES KALYTERA THERAPEUTICS INC. ("KLY") ("KLY.WT.B") ("KLY.WT.A")BULLETIN TYPE:  CORRECTION, Reinstated for Trading, Company Tier ReclassificationBULLETIN DATE:  February 26, 2021TSX Venture Tier 2 Company Further to the TSX Venture Exchange bulletin dated February 24, 2021, the following symbol should have read as follows: KALYTERA THERAPEUTICS INC. ("KLY") ("KLY.WT.B") ("KLY.WT.A") All other information remains unchanged. ______________________________________ MEDEXUS PHARMACEUTICALS INC. ("MDP") ("MDP.WT")BULLETIN TYPE:  Prospectus - Unit Offering, New Listing-WarrantsBULLETIN DATE:  February 26, 202

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. SILVER SPRING, Md., Feb. 26, 2021 /PRNewswire/ -- Today, the U.S. Food and Drug Administration approved Nulibry (fosdenopterin) for injection to reduce the risk of death due to Molybdenum Cofactor Deficiency Type A, a rare, genetic, metabolic disorder that typically presents in the first few days of life, causing intractable seizures, brain injury and death. "Today's action marks the first FDA approval for a therapy to treat this devastating disease," said Hylton V. Joffe, M.D., M.M.Sc, director of the Office of Rare Diseases, Pediatrics, Urologic and Reproductive Medicine in the FDA's Center for Drug Evaluation and Research. "The FDA remains committed to facilitating the development and approval of safe and effective

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. When Roger Jenkins hotfooted it out of one crunch meeting in his Mayfair home in the autumn of 2008 - and straight round the corner to another at the Dorchester hotel – Barclays’ then chairman of investment banking could hardly have imagined that the minutiae of those encounters would linger in anybody’s memory for long.The purpose and potential consequences of the meetings could not have appeared more simple and pressing, as the financial world was in a midst of genuine crisis that had just caused the collapse of Lehman Brothers on Wall Street.Either Jenkins’ efforts would help secure emergency funding to save Barclays and allow him and his colleagues to get back to the business of making money. Or his sales patter would fail and the bank –

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. Rand Capital Corporation (Nasdaq: RAND) ("Rand”), a business development company ("BDC”), today announced that its Board of Directors declared its first regular quarterly cash dividend of $0.10 per share. The cash dividend will be paid on or about March 29, 2021 to shareholders of record as of March 15, 2021. At December 31, 2020, Rand had approximately 2.6 million shares outstanding. Pete Grum, President and CEO of Rand noted, "We are pleased to initiate our regular dividend at an annualized rate of 40 cents per share. We feel this is a conservative level based on our expectations of the income from our current portfolio and our expense projections for 2021. We have been an active investor in income producing assets and are c

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. HONG KONG: Hong Kong and South Korea kicked off coronavirus vaccination drives on Friday, as momentum builds for inoculation rollouts across the Asia-Pacific region.South Korea plans to inoculate 70 percent of its population within seven months while Hong Kong aims to vaccinate all adults by the end of the year.Both places were among the first to experience coronavirus outbreaks after the coronavirus spread from central China early last year.But they kept infections comparatively low thanks to strict quarantine measures for arrivals, widely adhered to social distancing measures and effective trace and test programmes.These latest campaigns come after New Zealand and Australia launched their Covid-19 inoculations over the weekend.While the Uni

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. CAMBRIDGE, Mass. and ROTTERDAM, Netherlands and SUZHOU, China, Feb. 26, 2021 /PRNewswire/ -- Harbour BioMed (HBM) (HKEX: 02142) today announced that the China National Medical Products Administration (NMPA) has approved its Investigational New Drug (IND) application for HBM4003, the next generation anti-CTLA-4 antibody in combination with PD-1 antibody/chemotherapy for the treatment of patients with advanced NSCLC and solid tumors. This study will evaluate the safety, tolerability, PK/PD, and anti-tumor activity of HBM4003 in combination with PD-1 antibody, with or without chemotherapy in patients with advanced NSCLC and other solid tumors. Professor Shun Lu, Chairman of Chinese Society of Lung Cancer in China Anti-Cancer Association, Chief K

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. (RTTNews) - AT&T Inc. (T) has reached a deal with private equity firm TPG Capital to make its struggling satellite TV provider DirecTV a new standalone company. The deal will establish a new company that will own and operate AT&T's U.S. video business unit consisting of the DirecTV, AT&T TV and U-verse video services. The new company will have an enterprise value of $16.25 billion. The company will be jointly governed by a board with two representatives from each of AT&T and TPG, as well as a fifth seat for the CEO, which at closing will be Bill Morrow, CEO of AT&T's U.S. video unit. Following the close of the transaction, AT&T will own 70% of the common equity and TPG will own 30%. AT&T will receive $7

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. NEW YORK: New York prosecutors investigating former president Donald Trump's finances have received his tax returns following a marathon legal battle, a spokesman said Thursday."Our office obtained the records on Monday," Danny Frost, a spokesman for Manhattan District Attorney Cyrus Vance, told AFP.Vance's office obtained the returns after the Supreme Court on Monday rejected a last-ditch bid by Trump's lawyers to block the release of the records.The prosecutor is investigating hush payments made to two women who allege they had affairs with Trump and possible fraud.Vance, a Democrat, fought for over a year to obtain the eight years of returns.He issued a subpoena to Trump's accountants Mazars USA in August 2019 ord

Financial world news, market analysis, investment scam prevention tips and more ✔️ Learn all there is to know about the asset management industry. This magazine is crafted specifically for those who are interested in diving into the global asset management world. - SK and Plug Power had a virtual signing ceremony, setting the stage for successful joint projects to come including forming a JV - Through a JV in Asia, the two companies are set to establish a fuel cell factory and accelerate the expansion into Asian markets including China LATHAM, N.Y., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, and SK Group, one of the leading South Korean business groups, announce the completion of the $1.6 billion capital investment to partner in accelerating hydrogen as an alternative energy source in Asian markets. In celebration of kicking off the new partnership, including a plan t