US investment curbs on tech firms infuriate China

Beijing has called the Biden administration a “bully” as the White House is going to ban American funds and companies from investing in China’s high technology sectors. United States President Joe Biden is expected to sign an executive order that will restrict US companies and private equity and venture capital funds from investing in China’s […]Continue Reading

China stock rally highlights health of consumer rebound

China’s powerful stock rally has a remarkably important driver of momentum behind it: the nation’s 1.4 billion consumers. After a lackluster start, households are finally getting on board the post-Covid-19 reopening trade – and doing so en masse. In March alone, retail sales jumped 10.6% year on year. According to the National Bureau of Statistics, […]Continue Reading

The de-dollarization delusion

Is the dollar dying? In the wake of the Russia-Ukraine war and the massive growth in money supply and the US Federal Reserve’s assets in recent years, there has been a slew of stories and speeches extolling the virtue of de-dollarization.  The most recent came last week, when Brazilian President Luiz Inácio Lula da Silva called for the establishment […]Continue Reading

EU to sanction home appliance exports to Russia

Since the start of the Russo-Ukrainian conflict in February 2022, the European Union has ratified 10 sanctions packages designed to undermine Russia’s capacity to wage war in Ukraine. Now, kitchen appliances are in the EU’s crosshairs.  British newspaper The Telegraph, claiming to have seen a confidential EU report, says Brussels is considering imposing trade restrictions “on […]Continue Reading

SOLS Foundation inclusion work gets boost from Aspen-HP Digital Equity Accelerator recognition

US$100k for scaling Skills Hub platform, US$100k worth of devices from HP
Run workshops in 12 Orang Asli villages, touch 10k graduates for Skills Hub [Ed: Headline corrected. An earlier version gave the wrong name for the foundation.]
“I would consider Orang Asli to sometimes even be B20 because there’s more of a digital divide for…Continue Reading

SOLS Foundation 24/7 inclusion work gets boost from Aspen-HP Digital Equity Accelerator recognition

US$100k for scaling Skills Hub platform, US$100k worth of devices from HP
Run workshops in 12 Orang Asli villages, touch 10k graduates for Skills Hub “I would consider Orang Asli to sometimes even be B20 because there’s more of a digital divide for them to cross, while the B40 are in urban areas that have…Continue Reading

Will Ueda reverse Kuroda’s profligate BOJ ways?

TOKYO — Since 2013, Governor Haruhiko Kuroda has been morphing the Bank of Japan into the world’s biggest hedge fund – and, all in all, it’s not going well. On Saturday (April 8), Kuroda will leave BOJ headquarters, handing successor Kazuo Ueda the worst job in international finance. As Ueda gets to work, all eyes […]Continue Reading

Qmed Asia raises US.2mil in equity crowdfunding via Leet Capital, plans regional expansion

Began as an appointment booking and mobile live queue system provider
Allows doctors and clinicians to identify patterns and trends in patient data [Ed: Qmed raised US$1.16 million and not US$932k as per an earlier version. The error is regretted.]
Malaysian health-tech startup Qmed Asia has successfully raised US$1.16 mil (RM5,101,298) through an Equity…Continue Reading