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SEBA Hong Kong 'At The Cutting Edge Of Innovation,' To Become First Licensed Crypto Corporation In Hong Kong
Wednesday, August 30, 2023 - 1:37pm | 527The Securities and Futures Commission (SFC) of Hong Kong granted an approval-in-principle (AIP) to crypto bank SEBA Hong Kong to offer crypto-related services. This AIP pertained to its application to conduct regulated activities in the region, encompassing dealings in securities,...
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Tesla's India Team Shifts Focus To Wider APAC Region Amid Regulatory Woes
Friday, May 6, 2022 - 5:02am | 461Tesla Inc (NASDAQ: TSLA) may now be headed to the larger Asia-Pacific (APAC) market as it continues to face regulatory challenges in India, according to an Economic Times report. What Happened: Elon Musk-led Tesla's India foray has been mired in red tape for a long time. The company has been...
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'Nice Growth' In APAC: Netflix CEO Highlights Rising Subscription Numbers In Key Region
Wednesday, April 20, 2022 - 6:53am | 469The 200,000 subscribers loss came as one of the biggest surprises for the streaming video-on-demand company Netflix Inc's (NASDAQ: NFLX) investors — sending its stock tumbling by 25% post the bell. The Asia-Pacific market emerged as a glitter of hope amid this...
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Google, Facebook Announce New Subsea Cable 'Apricot' To Improve Internet Connectivity Across Asia-Pacific
Monday, August 16, 2021 - 4:38am | 444Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Facebook Inc (NASDAQ: FB) on Sunday announced their participation in a new subsea cable system scheduled for a 2024 rollout. What Happened: Apricot subsea cable system will help improve the internet connectivity across the Asia-Pacific region, the...
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3 Reasons Roth Capital Likes Reebonz
Wednesday, April 24, 2019 - 1:30pm | 392Reebonz Holding Ltd (NASDAQ: RBZ) is a Singapore-based online platform that facilitates buying and selling of luxury products. The Analyst Roth Capital's Darren Aftahi initiated coverage of Reebonz with a Buy rating and 12-month price target of $11. The Thesis Reebonz operates a...
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Assess Asia-Pacific With This ETF
Friday, July 28, 2017 - 8:20am | 507This year, investors have been devoted to exchange-traded funds offering exposure to developed markets, excluding the U.S. Within this group of ETFs are offerings that allow investors to tap specific regions and, of course, single-country funds. While Europe has been commanding much of the ex-U.S....
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This Predictor Calls For Double-Digit M&A Growth In The First Half Of 2015
Thursday, January 22, 2015 - 8:26am | 902Intralinks Holdings Inc (NYSE: IL) said it planned to release the company’s eagerly anticipated Deal Flow Predictor report for Q2 2015 on January 27. Ahead of that release, Intralinks vice president of M&A strategy and product marketing, Matt Porzio spoke with Benzinga about the...
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Dell Rumored To Lay Off Up To 9,000 Employees Worldwide
Friday, January 10, 2014 - 11:35am | 600If you work in sales and marketing for Dell (NASDAQ: DELL) in Europe, the Middle East or Africa, look at the employee to your left and to your right. One of you is about to be laid off. At least that’s what sources told the U.K.’s The Register. According to the sources, Dell planned to cut 30...
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Avon Tops Estimates, Surges on Tuesday
Tuesday, February 12, 2013 - 12:51pm | 410Avon Products (NYSE: AVP) reports a strong fourth quarter, topping EPS expectations by a considerable margin. Analysts hoped for the New York firm to close the fourth quarter at $0.27 per share. Although the firm did not match its fourth quarter 2011 EPS of $0.51, it easily topped this expectation...