Evercore says economy and profits can build confidence Julian Emanuel of Evercore ISI believes that falling meme stocks could recover if robust economic and earnings growth assists to restore investor…

Bringing in foreign firms as rivalry with China intensifies As part of a strategy to strengthen its leadership in semiconductor manufacturing, Taiwan will urge international chip manufacturers to invest while…

Headline inflation tops estimates for fourth month in a row The previous month, Singapore’s stock prices surged faster than expected to an eight-year high, increasing predictions that city-central state’s bank…

About the company With over half a million customers, LiteForex Europe Limited has earned a solid name around the world since 2008. The Cyprus Securities and Exchange Commission regulates the…

LG Energy ousts SK Hynix from second place in Korean stock rankings After entering the benchmark index on Friday with a $98 billion estimate, LG Energy Solutions became South Korea’s…

About the company LWD Ltd, a Marshall Islands-based firm, is the owner and operator of LQDFX. The broker, which was created in 2015, has a huge customer base that spans…

Central bank tightening stage Soft Bank Group Corp. was one of the largest losers in the Asian tech sector sell-off on Thursday, as investors lost faith in billionaire Masayoshi Son’s…

Diem may sell its assets The controversial cryptocurrency project that Mark Zuckerberg once defended before the US Congress is falling apart under the new regulation. The Diem Association, a cryptocurrency initiative, compliant with Meta Platforms Inc., sees the sale of its assets as an opportunity to return capital to its representative investors. Fed hints at Diem plans for stablecoin Diem talks with investment banks on what is the best way to sell his intellectual property and find a new home for the engineers who developed the fund. In 2019, when Facebook, the creation of the meta, first unveiled the idea of their stable digital currencies – stablecoins associated with the revolution in sophisticated financial services. They did so in tandem with dozens of other companies. However, the consortium was not enough to control project owners from all over the world. It is not clear how a potential buyer values Diem’s intellectual property or the engineers who helped develop it. Discussions are unfortunate and there is no guarantee that Diem will find a buyer. Diem’s website reveals that its partners include venture capital firms such as Andreessen Horowitz, Union Square Ventures, Ribbit Capital and Theive Capital, as well as Singaporean public investor Temasek Holdings Pte. A group of regulators said they fear they could be obsolete if the tech company’s wide user network drastically lowers the action in the current currency and that bundling a stablecoin issuer with a major corporation could lead to increased economic power.

About the company CTRL Investments Ltd, a corporation established in New Zealand and licensed in Australia, is controlled by the New Zealand Financial Markets Authority and the Australian Securities and…

Company hopes chip shortage will ease in Q2 Hyundai Motor Co. is hoping that the global automotive sector’s semiconductor shortage would alleviate in the 2nd period, allowing it to recover…