Press releases about business, cryptocurrency, fintech and more news in Hong Kong and Asia

Meet Spectre: The Platform Revolutionizing and Simplifying High Frequency Trading

St Vincent & the Grenadines, Sep 29, 2022 – (ACN Newswire via – When first stumbling into the world of high frequency trading, the complicated jargon and unintuitive platforms are oftentimes a barrier for non-technical users to understand their workings. Luckily, with the increase in interest in blockchain technology around the world coupled with […]

US fines 16 Wall Street firms $2.6b for talking deals, trades on personal apps

WASHINGTON – United States regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America , Citigroup, Credit Suisse, Goldman Sachs , Morgan Stanley and UBS, a combined US$1.8 billion (S$2.6 billion) after staff discussed deals and trades on their personal devices and apps. The sweeping industry probe is a landmark case for the […]

With latest rate hike, US Fed signals willingness to accept recession to crush inflation

HOUSTON – Federal Reserve officials gave their clearest signal yet that they’re willing to tolerate a recession as the necessary trade-off for regaining control of inflation. Policy makers, criticised for being too late to realize the scale of the US inflation problem, are moving aggressively to catch up. They raised interest rates by 75 basis […]

Big finance on the tail of buy-now-pay-later tech mavericks

Tech mavericks who made buy-now-pay-later (BNPL) an option for shoppers worldwide are grappling with mounting losses and investor scepticism. Now big finance is on their tail. British retail giants NatWest Group, HSBC Holdings, Barclays and Virgin Money as well as Visa and Mastercard have launched new ways to spread the cost of purchases for their […]

Seedify successfully launches its NFT token during the bear market

VICTORIA, SEYCHELLES, September 09, 2022 – (SEAPRWire) – On 31st August 2022, Seedify, one of the biggest launchpads within the crypto sector, released $SNFTS – the Seedify NFT Marketplace token. Seedify is one of the crypto industry’s leading notable launchpads and incubators. They empower innovators and project developers through access to funding, community and partnership building, and a complete […]

Forbes’ 50 richest in S’pore: Inflation, tech stock sell-off hit tycoons’ wealth

SINGAPORE – Surging inflation has not left Singapore’s billionaires unscathed, with their collective wealth dropping by more than 20 per cent this year, a study has found. Forbes’ 2022 list of Singapore’s 50 richest people showed on Thursday that the tycoons’ combined wealth amounted to US$164 billion (S$230.4 billion), down from US$208 billion in 2021 […]

AscendEX Announces Revamped Earn Platform

New York, NY, September 08, 2022 – (SEAPRWire) – AscendEX, a leading global cryptocurrency exchange, is excited to announce the overhaul of its native earning platform, AcendEX Earn, including increased yields on 100+crypto assets such as BTC, ETH, USDT, and CRV. The updates are inspired by AscendEX’s ongoing commitment to offering everyone, from the novice investor to the […]

Preferred Partners Announces Latest Executive Appointment

Preferred Partners Announces Latest Executive Appointment

Taipei, Taiwan, September 08, 2022 – (SEAPRWire) – Preferred Partners the Taiwan based international brokerage firm has today announced the appointment of Samuel Lee as the vice president of new partnership acquisitions and development of partnerships at their Taiwan office, effective the 12th of September 2022. “Mr.Lee’s years of contributions to the success of Preferred Partners have not gone […]

Where Asia’s rich are putting their cash as global risks grow

SINGAPORE – With growing concerns over rising inflation and market volatility, Asia’s wealthy are turning cautious. People with more than US$1 million (S$1.41 million) of investable funds are repositioning towards private markets to shield their assets from market volatility, according to Lombard Odier’s 2022 study about high net-worth individuals in Asia Pacific, including Singapore, Hong Kong […]

Scalable Solutions Introduces New Program, Helping Customers Perfect Their Trading Platforms

Scalable Solutions reveals their approach to customer success management, its impact on the success of cryptocurrency exchanges working with them and what sets them apart as a white-label technology company.  New York, NY, September 06, 2022 – (SEAPRWire) – Scalable Solutions is proud to announce the launch of their latest program which will help customers perfect their trading […]

Avance Clinical Announces North American CRO Acquisition to Expand Later Phase Services for Biotechs

SYDNEY, AU, Sep 6, 2022 – (ACN Newswire via – Avance Clinical, the Australian CRO for biotechs, has expanded into North America with the acquisition of CRO partner company C3 Research Associates, enabling biotech clients a seamless journey from early phase to later phase studies. Avance Clinical has backing from private equity group Riverside […]