China eases tech M&A loan rules in pilot program to boost innovation China has announced a series of relaxed rules for merger and acquisition (M&A) loans targeting tech companies in a pilot program aimed at channeling more capital into sci-tech innovation and enhancing China’s technological competitiveness, according to the country’s financial regulator…
Hong Kong records biggest win in history of local lottery The largest win in the history of the Mark Six lottery, a popular game in Hong Kong, was recorded during the New Year’s drawing, coinciding with the arrival of the Year of the Snake on the lunar calendar, Azernews reports. Access to…
Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in early trading following similar losses for stock markets across Asia and Europe. The Dow Jones Industrial Average was down 435 points, or 1%, as of 9:35…
Jan 20, 2025 Chinese beverage company Dayao is preparing for a major financial move with its intent to launch an initial public offering (IPO) in Hong Kong by the second half of 2025, according to a report from Bloomberg. The Inner Mongolia-based company aims to raise as much as $500 million, building on the resurgence…
SEALSQ Corp (NASDAQ: LAES) announced that its GSMA-accredited eUICC technology now incorporates Post-Quantum security for mobile phones and connected devices. The technology aims to protect against current and future quantum computing threats while ensuring trust and interoperability within the GSMA ecosystem. The company’s GSMA Root CI-accredited Root Certificate Authority and…
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.The S&P 500 fell 2.9%, just shy of its biggest loss for the year from the summer, to pull further from its…
NewsON, a leading local news streaming service, has launched an upgraded app on Roku featuring enhanced user interface and new features. The service provides ad-supported access to local news content from over 285 TV stations across 135+ markets, covering more than 90% of the U.S. Key enhancements include: interactive weather…
XIAMEN, China, Dec. 17, 2024 /PRNewswire/ — Lichen China Limited (the “Company” or “Lichen China”)(NASDAQ: LICN), a dedicated financial and taxation service provider in China, today announced that the AI large-scale model it has co-developed with JD Technology(JDT) is scheduled to commence its formal trial operation at the end of December. In October 2024, the Company entered into…
Super Micro Computer (NASDAQ:SMCI) has received an extension from Nasdaq until February 25, 2025 to file its delayed financial reports. The extension covers the Annual Report on Form 10-K for fiscal year ended June 30, 2024, and Quarterly Report on Form 10-Q for the period ended September 30, 2024. SMCI’s…
Medifast (NYSE: MED) released findings from a recent independent survey of 2,000 U.S. adults trying to lose weight, revealing key insights about weight loss medications and lifestyle changes. The survey, conducted by Talker Research, shows that 65% of respondents believe weight loss medications are more effective when combined with lifestyle…