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Compass Pathways director sells over $700k in company shares

COMPASS Pathways plc (NASDAQ:CMPS), a pharmaceutical company specializing in the development of psychedelic-based therapies, has seen a significant transaction from one of its directors. George Jay Goldsmith, who also holds a more than ten percent ownership stake in the company, has sold a substantial number of ordinary shares. According to recent filings, Goldsmith executed multiple...

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Samsung poised to win over $6 billion from US for expanded investment, Bloomberg News reports

(Reuters) - The U.S. plans to award more than $6 billion to Samsung Electronics (KS:005930) Co, helping the chipmaker expand beyond a project in Texas it has already announced, Bloomberg News reported on Thursday, citing people familiar with the matter. Samsung declined to comment. The South Korean company, like other chipmakers, has been awaiting the...

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Singapore, China to Begin Piloting Digital Currency in Tourism Spending Push

Source: AdobeStock / Proxima Studio Singapore’s regulatory body the Monetary Authority of Singapore (MAS)  plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending. The two countries first signed a Memorandum of Understanding to work together back in 2020. No timeline was...

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Rally May Stall For Singapore Stock Market

The Singapore stock market has finished higher in two straight sessions, collecting more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,160-point plateau although it may spin its wheels on Thursday. The global forecast is mixed and flat amid a lack of catalysts, with expected...

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