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Showing posts from March, 2021

UN envoy urges action to prevent Myanmar 'civil war'

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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. UNITED NATIONS: The UN envoy on Myanmar implored the Security Council to take action Wednesday in the Asian nation's escalating crisis, warning of the risk of civil war and an imminent "bloodbath" as the junta violently represses pro-democracy protests. More than 520 people have died in daily demonstrations since the military overthrew elected leader Aung San Suu Kyi on February 1, halting Myanmar's decade-old experiment in democracy. "I appeal to this Council to consider all available tools to take collective action and do what is right, what the people of Myanmar deserve and prevent a multi-dimensional catastrophe," special envoy Christine Schraner Burgener told the closed-door session, according to remarks obtai

South Korea Has $4.17 Billion Trade Surplus In March

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) - South Korea posted a merchandise trade surplus of $4.17 billion in March, Statistics Korea said on Thursday. That exceeded expectations for a surplus or $4.0 billion following the $2.71 billion surplus in February. Exports climbed 16.6 percent on year, beating forecasts for an increase of 16.2 percent following the 9.5 percent gain in the previous month. Imports jumped an annual 18.8 percent versus expectations for an increase of 17.5 percent after rising an upwardly revised 14.1 percent a month earlier (originally 13.9 percent). To keep reading about South Korea Has $4.17 Billion Trade Surplus In March, Click on the link. Seoul, Korea http://dlvr.it/RwmjpG

China dodges WHO's call for further probe into Wuhan lab theory

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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. BEIJING: China on Wednesday called for expanding the search for the origins of the coronavirus in other countries, mainly America, as it sought to sidestep the WHO chief's assertion that further probe is required on allegations that the deadly virus may have leaked from a bio-lab in Wuhan, saying he may have not been accurately quoted. Releasing the much-awaited report of an experts team that probed the origin of Covid-19 after visiting the controversial Wuhan Institute of Virology (WIV) in the central Chinese city of Wuhan, World Health Organisation chief Dr Tedros Adhanom Ghebreyesus reopened the Trump era allegation, saying that it required further probe. "Although the team has concluded that a laboratory leak is the least likely

Myanmar's Suu Kyi in good health, lawyer says

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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. YANGON: Myanmar's ousted civilian leader Aung San Suu Kyi appears in good health despite two months of detention, her legal team said Wednesday as diplomatic pressure on the military junta ramped up. Daily protests demanding the restoration of the elected government have been met with a crackdown that has left more than 520 civilians dead in the weeks since the February 1 coup. The junta's violent response has triggered international condemnation -- and threats of retaliation from some of Myanmar's myriad ethnic armed groups. The US State Department ordered the departure of non-essential diplomatic staff and their families from Myanmar, and Japan -- a top donor to the country -- halted new aid payments. The 75-year-old Suu Kyi has

USCIS announces completion of H-1B cap lottery process for fiscal 2022

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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. MUMBAI: The US Citizenship and Immigration Services (USCIS) has announced the completion of the H-1B cap lottery process for the fiscal year ended September 30, 2022. It has announced that it has received enough E-registrations to reach the H-1B quota of 85,000 (including for Masters’cap). “We randomly selected from among the registrations properly submitted to reach the cap. We have notified all prospective petitioners (ie: sponsoring employers/attorneys) with selected registrations that they are eligible to file an H-1B cap-subject petition for the beneficiary named in the applicable selected registration,” states USCIS. This was the second year that the E-registration process was adopted. Detailed H-1B cap applications for those selected i

Biden announces additional actions to respond to anti-Asian violence

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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. WASHINGTON: US President Joe Biden has announced additional actions to respond to the violence and xenophobia perpetrated against Asian Americans. The announcements on Tuesday include reinstating and reinvigorating the White House Initiative on Asian Americans and Pacific Islanders (AAPI), with initial focus on anti-Asian bias and violence. "We can't be silent in the face of rising violence against Asian Americans," Biden tweeted. "That's why today I'm taking additional steps to respond-including establishing an initiative at the Department of Justice to address anti-Asian crimes. These attacks are wrong, un-American, and must stop." The announcement also include allocation of $49.5 million from the American Re

Japan Industrial Output Sinks 2.1% In February

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) - Industrial production in Japan was down a seasonally adjusted 2.1 percent on month in February, the Ministry of Economy, Trade and Industry said on Wednesday. That was shy of expectations for a fall of 1.2 percent following the 4.3 percent jump in January. On a yearly basis, industrial production shed 2.6 percent - roughly in line with expectations - after sinking 5.2 percent in the previous month. Upon the release of the data, the METI maintained its assessment of industrial production, saying that it continues to pick up. To keep reading about Japan Industrial Output Sinks 2.1% In February, Click on the link. Seoul, Korea http://dlvr.it/Rwhxvn

Myanmar crackdown death toll passes 520

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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. YANGON: The civilian death toll in the Myanmar military's crackdown on protesters passed 520 as armed rebel groups on Tuesday threatened the junta with retaliation if the bloodshed does not stop. World powers have ramped up their condemnation of the military's campaign against the anti-coup movement that is demanding the restoration of the elected government and the release of civilian leader Aung San Suu Kyi. Washington suspended a trade pact with Myanmar and UN chief Antonio Guterres called for a united global front to pressure the junta after more than 100 protesters were killed in a bloody weekend. Adding to that pressure campaign, a trio of ethnic rebel groups on Tuesday condemned the crackdown and threatened to fight alongside p

GameStop climbs as Ryan Cohen-led revamp continues with hire of Amazon exec as chief growth officer

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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. Courtesy of Ryan Cohen; Chewy; GameStop; Olly Curtis/Future Publishing via Getty Images; Reddit; Samantha Lee/Insider To keep reading about GameStop climbs as Ryan Cohen-led revamp continues with hire of Amazon exec as chief growth officer, Click on the link. Seoul, Korea http://dlvr.it/Rwg7TJ

Canada pauses AstraZeneca Covid vaccine for under 55

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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. OTTAWA/TORONTO: Canadian health officials said on Monday they would stop offering AstraZeneca's Covid-19 vaccine to people under age 55 and require a new analysis of the shot's risks and benefits based on age and gender. The moves follow reports from Europe of rare but serious blood clots, bleeding and in some cases death after vaccination, mainly in young women. No such cases have been reported in Canada, with about 307,000 AstraZeneca doses administered. The National Advisory Council of Immunization (NACI), an independent expert panel, said on Monday that the rate at which the clotting complication happens was not yet clear. So far, 40% of people who have developed it have died, but that may fall as more cases are identified and tre

Myanmar death toll tops 500, protesters stage 'garbage strike'

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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. YANGON: Myanmar protesters held overnight candle-lit vigils after an advocacy group said security forced had now killed over 500 people since a February 1 coup, and as activists on Tuesday launched a new civil disobedience campaign to hurl garbage onto streets. Out of 14 civilians killed in Myanmar on Monday, the Assistance Association for Political Prisoners (AAPP) said at least eight were in the South Dagon district of Yangon. Security forces in the area fired a much heavier-calibre weapon than usual on Monday to clear a barricade of sand bags, witnesses said. It was not immediately clear what type of weapon was used. State television said security forces used "riot weapons" to disperse a crowd of "violent terrorist people&qu

Japan Retail Sales Sink 1.5% On Year In February

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 total value of retail sales in Japan was down 1.5 percent on year in February, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 11.628 trillion yen. That beat forecasts for a decline of 2.8 percent following the 2.4 percent drop in the previous month. On a monthly basis, retail sales jumped 1.4 percent after dropping 1.7 percent in January. Commercial sales were down 3.3 percent on year and up 0.4 percent on month at 42.114 trillion yen, while wholesale sales sank 1.2 percent on month and 4.3 percent on year to 30.486 trillion yen. To keep reading about Japan Retail Sales Sink 1.5% On Year In February, Click on the link. Seoul, Korea http://dlvr.it/RwdCY4

Pakistan PM Imran Khan replaces finance minister

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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: Pakistan Prime Minister Imran Khan removed his finance minister on Monday as part of a government shake-up aimed at bringing in policies to control "rising inflation", the information minister said. The removal - the second of a finance minister in the 2-1/2 years of Khan's tenure that witnessed GDP growth falling from 5.6% to -0.4% - coincides with the restart of a $6 billion IMF bailout programme that had been suspended for one year over questions about fiscal and revenue reforms. Pakistan is also preparing to float Eurobonds worth around $2 billion to raise capital from international markets about two months before presenting a budget amid historical remittances and good debt inflows helping to shore up foreign res

WHO chief says all possible Covid origins 'need further study'

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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. GENEVA: The WHO's chief said Monday that all hypotheses on the Covid-19 pandemic's origins remained open and needed further study, based on international experts' report on their mission to Wuhan. World Health Organization director-general Tedros Adhanom Ghebreyesus said the UN health agency had received the report over the weekend, adding that all theories on how the virus entered humans remained on the table. "All hypotheses are open, from what I read from the report," Tedros told a virtual press conference in Geneva, adding that they "will need further study". A team of international experts visited Wuhan in China in January and February this year, examining and ranking in their subsequent report four possib

Obama family matriarch dies in a Kenyan hospital at 99

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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. NAIROBI: Sarah Obama, the matriarch of former US President Barack Obama's Kenyan family has died, relatives and officials confirmed Monday but did not disclose the cause of death. She was at least 99 years old. Mama Sarah, as the step-grandmother of the former US president was fondly called, was a philanthropist who promoted education for girls and orphans. She passed away around 4am local time while being treated at the Jaramogi Oginga Odinga Teaching and Referral hospital in Kisumu, Kenya's third-largest city in the country's west, according to her daughter Marsat Onyango. "She died this morning. We are devastated," Onyango told The Associated Press on a phone call. She will be remembered for her work to promote educat

Covid: Snap lockdown ordered in Australia's Brisbane

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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. BRISBANE: More than two million people in Brisbane were ordered into a three-day lockdown Monday after a cluster of coronavirus cases was detected in Australia's third-biggest city. It is the second snap lockdown of Brisbane and the city's surrounds this year, coming after seven people tested positive for Covid-19 -- the first significant community outbreak in Australia in weeks. "This is the UK strain. It is highly infectious. Now we need to do this now to avoid a longer lockdown," Queensland state Premier Annastacia Palaszczuk said. "We've seen what's happened in other countries. I don't want to see that happen to Queensland, I don't want to see that happen to Australia." Schools, restaurants and

Henlius Plans to File the NDA of Novel anti-PD-1 mAb HLX10 for the Treatment of MSI-H Solid Tumours, the Phase 2 Clinical Trial has Met the Primary Endpoint

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. SHANGHAI, March 28, 2021 /PRNewswire/ -- Shanghai Henlius Biotech, Inc. (2696.HK) announced that the Phase 2 study of its innovative PD-1 inhibitor HLX10 in patients with unresectable or metastatic microsatellite instability-high or mismatch repair-deficient (MSI-H/dMMR) solid tumors that fail to respond to the standard therapy has met the primary endpoint. Henlius plans to file a New Drug Application (NDA) to the National Drug Products Administration (NMPA) for the treatment of MSI-H solid tumours based on the results from the Phase 2 trial of HLX10, which will be presented at upcoming medical conferences. Professor Shukui Qin of No.81 Hospital of People's Liberation Army and Professor Jin Li of Shanghai East Hospital affiliated to Shang

Jailed Kremlin critic Navalny asks for painkiller injections

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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. MOSCOW: Jailed Kremlin critic Alexei Navalny asked for help from a public commission to get access to painkiller injections for severe pain in his leg, the head of the commission said in a statement published on late on Saturday. Navalny was jailed last month for two and a half years on charges he called politically motivated. He was arrested as he returned to Russia from Germany in January, where he had been recovering from what doctors said was a nerve agent poisoning. The 44-year old opposition politician has said in a statement that his request for treatment by a civilian doctor had been rejected and that he was being woken up by a guard every hour during the night in a deliberate attempt to undermine his health. Members of a local Public

Troops fire at funeral as Myanmar mourns bloodiest day

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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. Myanmar security forces opened fire on Sunday, witnesses said, at people gathered for the funeral of one of the 114 people killed the previous day, the bloodiest day of protests since the military coup on Feb. 1. There were no immediate reports of casualties in the firing on the funeral in the town of Bago, near the commercial capital Yangon, according to three people who spoke to Reuters. "While we are singing the revolution song for him, security forces just arrived and shot at us," said a woman called Aye, who was at the service for Thae Maung Maung, a 20-year-old student who was shot on Saturday. "People, including us, run away as they opened fire." Two people were killed in firing on protests on Sunday in separate inc

Military chiefs of a dozen countries condemn Myanmar crackdown

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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. WASHINGTON: The military chiefs of a dozen countries including the United States, Britain, Japan and South Korea joined together Saturday to condemn Myanmar's use of lethal force against unarmed civilians. The rare joint condemnation was released after Myanmar's security forces killed at least 90 people Saturday in the bloodiest day since the military seized power, according to a monitoring group. The spasm of violence came as the junta staged a major show of might for its annual Armed Forces Day. "A professional military follows international standards for conduct and is responsible for protecting -- not harming -- the people it serves," the officials said in the joint statement. "We urge the Myanmar Armed Forces to ce

1 dead, six injured in stabbing attack at Canadian library

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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. VANCOUVER, British Columbia: A man went on a stabbing spree inside and around a library on Saturday, killing one woman and injuring six other people in North Vancouver, British Columbia, authorities said. Sgt Frank Jang of the Integrated Homicide Investigation Team said a suspect was in custody. He said the man is in his 20s and has had interactions with police in the past. Jang said officials didn't have any information yet about a motive. One witness, Steve Mossop, said he and his partner stopped in traffic when they saw a bloodied woman who told them she had just been stabbed. They then saw several victims within about 100 meters (yards) of each other, he said. "There was a man, there was an older woman, there was a younger woman,

The Ever Given's rudder has been freed from the sediment, but the ship's still stuck in the Suez Canal

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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. A general view of "Ever Given", a container ship operated by the Evergreen Marine Corporation which is currently stuck in the Suez canal, during a tugging attempt to re-float it. Fadell Dawod/Picture Alliance via Getty Images To keep reading about The Ever Given's rudder has been freed from the sediment, but the ship's still stuck in the Suez Canal, Click on the link. Seoul, Korea http://dlvr.it/RwW56S

When hedge fund billionaire Thomas Sandell paid $105 million to settle a tax fraud case, an anonymous tipster made $22 million. Here's an inside look at the crazy world of whistleblower lawsuits.

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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. Samantha Lee/Insider To keep reading about When hedge fund billionaire Thomas Sandell paid $105 million to settle a tax fraud case, an anonymous tipster made $22 million. Here's an inside look at the crazy world of whistleblower lawsuits., Click on the link. Seoul, Korea http://dlvr.it/RwVVKW

'Pak may soon cross peak seen during first Covid wave'

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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: A top Pakistani government official on Saturday said the coronavirus cases in the country would soon cross the peak level seen during the first wave of the pandemic in June last year and warned that if the surge in infections is not controlled, tougher restrictions will have to be imposed. Addressing a media briefing here, National Command and Operation Centre (NCOC) Chairman Asad Umar said the government is trying to keep a balance between protecting the livelihood and containing the virus at the same time. However, he said, "If the increase continues at this rate then in the next few days or next week, we will go beyond the level and peak we saw in the first wave in June and you all must remember what the situation was at th

At least 50 killed by security forces in Myanmar: Report

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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. At least 50 people were killed when security forces opened fire on pro-democracy protesters in various parts of Myanmar on Saturday, the Myanmar Now news portal said. It said the dead included 13 killed in the country's second-biggest city, Mandalay, 9 in the nearby region of Sagaing and 7 in the commercial capital Yangon. To keep reading about At least 50 killed by security forces in Myanmar: Report, Click on the link. Seoul, Korea http://dlvr.it/RwT71g

North Korea accuses Biden of 'provocation' after missile test

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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. SEOUL : North Korea threatened a further military build-up on Saturday in response to Joe Biden's condemnation of this week's missile launches, a weapons test that marked Pyongyang's first substantive provocation since the US president took office. The nuclear-armed North has a long history of using weapons tests to ramp up tensions, in a carefully calibrated process to try to forward its objectives. Pyongyang had been biding its time since the new administration took office in Washington, not even officially acknowledging its existence until last week. But on Thursday it launched two weapons from its east coast into the Sea of Japan, known as the East Sea in Korea. Following the launch, Biden labelled the test a violation of UN r

Vacaville Unified School District, CA — Moody's assigns Aa3 issuer rating to Vacaville USD (CA), confirms GOs at Aa2 and downgrades COPs to A1; outlook is stable

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. All your Asset management needs with Global Asset Management Seoul Korea MagazineThis post was originally published on this site - CLICK HERE to read the full article. To keep reading about Vacaville Unified School District, CA — Moody's assigns Aa3 issuer rating to Vacaville USD (CA), confirms GOs at Aa2 and downgrades COPs to A1; outlook is stable, Click on the link. Seoul, Korea http://dlvr.it/RwSMZG

Swiss Market Ends Higher Again

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) - After a flat start and a subsequently decent uptick, the Switzerland stock market briefly slipped into the red Friday morning, but managed to end the session marginally up despite swinging between gains and losses. The mood was a bit cautious amid rising virus cases and lockdown extensions in several parts of Europe. The benchmark SMI ended with a gain of 18 points or 0.16% at 11,116.81, after hitting a new 52-week high at 11,143.86. The SMI ended with a gain of 34.94 points or 0.32% on Thursday, after losing about 0.3% a session earlier. ABB, Partners Group, Credit Suisse and LafargeHolcim gained 1.2 to 1.7%. Shares of specialty chemicals company Sika gained about 1% after the firm said that it has acquired the flooring

Sirisena denies prior knowledge of Easter Sunday attacks

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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. COLOMBO: Former Sri Lankan president Maithripala Sirisena on Friday denied charges that he had any prior knowledge of the 2019 Easter Sunday suicide bombings that killed 258 people, including 11 Indians. This was Sirisena's first public reaction since he was accused of criminal negligence by the presidential panel appointed by him to probe the devastating attack. Nine suicide bombers, belonging to local Islamist extremist group National Thawheed Jamaat (NTJ) linked to ISIS, carried out a series of blasts that tore through three churches and as many luxury hotels in Sri Lanka, killing 258 people and injuring over 500 people on April 21, 2019. The probe panel found Sirisena and the top defence establishment supervised by him and the defence

Joe Biden: US going to hold China 'accountable' in the region

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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. WASHINGTON: The United States, working with its partners and allies is going to hold China "accountable" in the region and also press Beijing to follow the rules on a range of issues, including the South China Sea, President Joe Biden has said. Addressing his first formal news conference in the White House on Thursday, Biden referred to his recent meeting with leaders of the Quad countries involving India, Australia and Japan and said that soon he is going to invite an alliance of democracies to come to Washington DC to “discuss the future”. “Earlier this month, and apparently got the Chinese attention, that's not why did it, I met with our allies and -- how we're going to hold China accountable in the region, Australia, Ind

Hard to meet May 1 deadline to withdraw from Afghanistan: Biden

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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. WASHINGTON: United States President Joe Biden on Thursday (local time) said it is going to be hard to meet the May 1 deadline to pull out US troops from Afghanistan as per the deal made during the Donald Trump administration. Speaking at his first press conference since taking office, Biden said that, "It is gonna be hard to meet the May 1 deadline. In terms of tactical reason....it is hard to get those troops out. We have been meeting with our allies, those who also have troops in Afghanistan. If we leave we will do it in a safe and orderly way. We are in consultations with our allies and partners on how to proceed." "It is not my intention to stay there for a long time. But the question is how and under what circumstances do