Author: admin

06 Mar Sun Hung Kai Properties in pole position to benefit from Hong Kong’s property easing measures, analysts say

Posted at 00:30h in Asia

With seven projects comprising more than 8,100 units expected to launch this year, SHKP is likely to benefit from a revitalised property market.“SHKP has the most saleable resources among its peers of more than 6,000 units,” said Raymond Cheng, managing director and head of China...

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06 Mar Alibaba said to lead new financing round for Chinese AI firm MiniMax that would value the start-up at over US$2 billion

Posted at 00:00h in Asia

Shanghai-based MiniMax, which was founded in 2021, is in the process of raising new funding that would value the company at more than US$2 billion, another investor with knowledge of the matter said. The two investors requested anonymity because they are not authorised to speak...

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05 Mar With Hong Kong’s removal of property curbs unleashing a buying frenzy, here are 5 residential projects to keep an eye out for

Posted at 23:30h in Asia

There is a pipeline for a potential housing supply of 109,000 units, ensuring a wide range of options for prospective buyers. Here is a list of five highly anticipated residential launches in Hong Kong.Wheelock’s Seasons Place project in Tseung Kwan O. Photo: HandoutWheelock Properties’ Seasons...

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05 Mar Financial watchdog Fintrac hit by cyberattack, says classified systems not involved

Posted at 19:50h in Canada

Politics·NewCanada's financial intelligence agency says it has been hit by a cyberattack.Agency takes corporate systems offline to protect dataThe Canadian Press · Posted: Mar 05, 2024 2:50 PM EST | Last Updated: 16 minutes agoCanada's financial intelligence agency says it has been hit by...

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05 Mar Equifax says mortgage-holders in B.C., Ontario, increasingly missed payments during Q4

Posted at 17:05h in Canada

Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.The fourth quarter saw a continuation of what's been happening for a while now as the impacts of higher interest rates and inflation...

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05 Mar Facebook, Instagram outage hits hundreds of thousands of users

Posted at 16:42h in Canada

Business·NewMeta Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com.Disruptions started around 10 a.m. ETThomson Reuters · Posted: Mar 05, 2024 11:42 AM EST | Last Updated: 21 minutes agoMeta...

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05 Mar 2024 Just for Laughs comedy festival cancelled, company seeks creditor protection

Posted at 16:03h in Canada

The Montreal company that operates the Just for Laughs comedy festival has cancelled the 2024 edition of the event after filing a notice of intention to make a proposal to creditors — a formal process under Canada's Bankruptcy and Insolvency Act. Seventy-five people were laid off Tuesday...

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05 Mar Russia can’t reach Moldova’ Transnistria easily, but can cause trouble

Posted at 14:32h in Europe

Vladimir Putin at a rally at Manezhnaya Square near the Kremlin on March 18, 2018.Mikhail Svetlov/Getty ImagesMoscow is continuing its saber-rattling over the pro-Russian region of Transnistria in Moldova, and analysts are saying that while Russian authorities would find it hard to physically reach the...

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05 Mar UK neobank Monzo hits $5 billion valuation after $430 million raise

Posted at 14:22h in Europe

British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services in the U.S.Monzo raised the money in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.HongShan, the Chinese...

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05 Mar Twitter’s former CEO, CFO add to ‘staggering’ number of suits Musk, X face over nonpayment

Posted at 13:55h in Canada

Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million US in unpaid severance payments.Twitter's former CEO Parag Agrawal, chief financial officer Ned Segal, chief legal counsel Vijaya Gadde and general counsel...

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