Bitget’s Biannual KCGI 2022 ends with close to 5,000 traders

Bitget, the world’s leading social trading and copy trading platform, is pleased to announce that King’s Cup Global Invitational (KCGI) 2022, its biannual global crypto futures trading competition, has closed with a total of 4,754 trading enthusiasts that joined the competition. The KCGI competition is divided by Individual Competition and Team Battle, in which participants […]

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14 มิ.ย. 65

KBank’s Indonesia Expansion Poses Additional Risk But no Immediate Impact on Ratings

KASIKORNBANK Public Company Limited’s (KBank; BBB/Stable) plan to increase its stake in PT Bank Maspion Indonesia Tbk (Maspion) to 67.5% from 9.99% reflects Thai banks’ search for earnings opportunities outside of domestic commercial banking, says Fitch Ratings. Fitch believes the acquisition of additional shares in Maspion is unlikely to have an impact on KBank’s standalone […]

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13 มิ.ย. 65

Fitch Rates Bank of Ayudhya’s Basel III Tier 2 THB Notes at ‘AA(tha)’

Fitch Ratings (Thailand) has assigned Bank of Ayudhya Public Company Limited’s (BAY; AAA(tha)/Stable) upcoming Thai baht-denominated Basel III-compliant Tier 2 subordinated unsecured debentures a rating of ‘AA(tha)’. KEY RATING DRIVERSThe subordinated notes are rated two notches below BAY’s National Long-Term Rating to reflect higher loss-severity risk relative to senior unsecured instruments, in line with the […]

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13 มิ.ย. 65

PSP Investments Posts 10.9% Return in Fiscal Year 2022 as Net Assets under Management Grow by 12.7% to $230.5 Billion

Highlights: Ten-year net annualized return of 9.8% leads to $25.9 billion in cumulative net investment gains above Reference Portfolio, indicative of long-term added value through portfolio construction and active management decisions Five-year net annualized return of 9.0% leads to $19.7 billion in cumulative net investment gains above Reference Portfolio One-year total portfolio net return of 10.9% […]

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10 มิ.ย. 65

Samsung Asset Management (Hong Kong) is launching the first Blockchain Technologies ETF in Asia

Samsung Asset Management (Hong Kong) Limited (“SAMHK”) announced the launch of Samsung Blockchain Technologies ETF (HKD counter: 3171.HK), the first ever global blockchain related ETF in Asia*. The listing date will be on 23 June 2022 (Thursday), on the Stock Exchange of Hong Kong (“SEHK”). The ETF sets the listing price at USD2.0 (approximately HKD15.6) with […]

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9 มิ.ย. 65

SAUDI ARABIA LAUNCHES ONE OF THE WORLD’S BIGGEST INVESTMENTS IN NEXT GENERATION OF TOURISM PROFESSIONALS

Saudi Arabia to invest $100m in training over 100,000 young people for tourism ‘Tourism Trailblazers’ to develop trainees at all career levels Program is supported by top global tourism training schools Saudi Arabia’s Ministry of Tourism has today launched a new program to equip 100,000 young Saudis with the key hospitality skills needed to pursue […]

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9 มิ.ย. 65

RESPONSE FROM BVI FINANCE ON THE UK GOVERNMENT’S DECISION NOT TO IMPOSE DIRECT RULE

BVI Finance welcomes today’s announcement from the UK Government that it will work in collaboration and partnership with the newly-formed British Virgin Islands (BVI) Government of National Unity to implement reforms as recommended by the Commission of Inquiry (COI) Report, without direct rule from London. Today’s announcement provides certainty and stability for the Territory’s financial […]

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9 มิ.ย. 65
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