[ad_1] Major banks and insurers in Hong Kong including HSBC, Manulife and BOC Life are lining up plans to expand their services to elderly residents, a sizeable segment of the city’s population. People aged 65 and above made up 22 per cent of the city’s 7.5 million residents last year, according to the statistics department. Since 1971, life expectancy in Hong Kong has increased to 82.5 years from 67.8 for men and to 88.1 from 75.3 for women in 2023. BOC Life aims to widen its “RetireCation” programme launched last month, which allows policyholders to use the cash value of…
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[ad_1] KUALA LUMPUR (Dec 27): PUC Bhd’s (KL:PUC) photography associate Pictureworks International Holdings Ltd has filed for a listing on Nasdaq in the US.The initial public offering (IPO) of its 27.53%-owned associate has been registered with the US Securities and Exchange Commission though the terms such as pricing, number of shares to be offered, and timetable for the public offering were not disclosed.Renaissance Capital, which provides research on IPOs, estimates that Pictureworks could raise up to US$8 million (RM35.85 million). Pictureworks was founded in 2003 and provides imaging services to visitors in theme parks, tourist attractions, and pop culture events,…
[ad_1] USD/CHF rises due to rising odds of fewer rate cuts by the Federal Reserve next year. The Fed revised its 2025 projections, now anticipating only two rate cuts, down from the previously forecasted four. The Swiss Franc may depreciate as SNB President Martin Schlegel suggested that interest rates might dip below zero. USD/CHF recovers its recent losses from the last two sessions amid thin trading activity following the Christmas holiday, trading around 0.9000 during the European hours on Friday. This upside of the USD/CHF pair could be attributed to a stronger US Dollar (USD), driven by growing expectations of…
[ad_1] By Kanishka Singh and Liz Lee WASHINGTON (Reuters) -The U.S. State Department said that Hong Kong’s offered bounties for six more pro-democracy campaigners who were deemed to have violated national security laws and the revoking of the passports of seven more amounted to intimidation efforts. The State Department also separately condemned China for taking steps against two Canadian institutions and 20 people involved in human rights issues concerning the Uyghurs and Tibet. “We reject the Hong Kong government’s efforts to intimidate and silence individuals who choose to make the United States their home,” the U.S. State Department said in…
[ad_1] Israel to persist until job is done, says Netanyahu after strikes at Houthi targets in Yemen | N18G On December 26, 2024, Israel launched airstrikes targeting multiple facilities linked to the Iran-aligned Houthi movement in Yemen, including Sanaa International Airport, Red Sea ports, and power stations in Hodeidah, Hezyaz, and Ras Kanatib. Houthi media reported at least six casualties, with two killed at the airport and one at the ports. Destruction at the Hodeidah power station and Sanaa Airport was shown in video footage, verified by Reuters using satellite imagery. The Houthis, who have previously launched missile and drone…
[ad_1] European stocks were higher on Friday, as regional markets reopened following a closure for the Christmas holiday.The pan-European Stoxx 600 index was 0.2% higher at 8:40 a.m. London time, with most sectors and major bourses in positive territory.Shares of Danish pharmaceutical giant Novo Nordisk gained 3.5% during morning deals, sending the company to the top of the Stoxx 600. The firm’s stock was continuing a rally that began earlier this week, as it staged a recovery from a major selloff that saw shares plummet 20% in a single session last week.Elsewhere, investors are monitoring economic data out of China,…
[ad_1] Image source: Getty Images I’ve made a number of minor investment errors in 2024, but I’ve also made a big one that really stands out. Worse, I’ve made it repeatedly. Now I want to avoid making it again in 2025. The biggest errors are often made with the best intentions. Personally, I’ve always been a fan of buying good companies on bad news. That allows me to pick up their shares at a discounted price, and typically grab a higher yield too. Then all I have to do is be patient, and wait for the company to pick itself…
[ad_1] Investing.com – Indonesia stocks were lower after the close on Friday, as losses in the , and sectors led shares lower. At the close in Jakarta, the lost 0.16%. The best performers of the session on the were Maming Enam Sembilan Mineral Tbk PT (JK:), which rose 34.52% or 58.00 points to trade at 226.00 at the close. Meanwhile, Asia Sejahtera Mina Tbk (JK:) added 34.05% or 63.00 points to end at 248.00 and Golden Flower Tbk PT (JK:) was up 24.51% or 435.00 points to 2,210.00 in late trade. The worst performers of the session were Modern Internasional…
[ad_1] The sale was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units, as mandated by Twist Bioscience (NASDAQ:)’s equity incentive plans. This “sell to cover” transaction was not a discretionary trade by Cho. InvestingPro analysis indicates the company maintains strong financial health with a current ratio of 4.88 and operates with moderate debt levels. Investors seeking deeper insights can access comprehensive analysis and 8 additional ProTips through InvestingPro’s detailed research reports, available for over 1,400 US stocks including TWST. InvestingPro analysis indicates the company maintains strong financial health with a current ratio of 4.88…
[ad_1] This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Cryptocurrencies as an asset class have been embraced by many sorts of investors in recent years. Undoubtedly, as more firms, like MicroStrategy (NASDAQ:MSTR), advocate for crypto by building Bitcoin reserves for the long haul, […] [ad_2] Source link