Biopharmaceutical company CASI Pharmaceuticals, Inc. (CASI) announced Monday the appointment of Daniel Lang as Chief Financial Officer and Senior Vice President, effective July 8, 2024. Lang has more than 30 years of experience as a physician scientist, investor, and biotech executive. He is a cardiologist by training from UCSF, followed by 20 years of investment...
JAKARTA – PT Bank Tabungan Negara Tbk (BBTN) reveals its moderate target on credit distribution growth in 2024, at 10-11%. In fact, at the end of June 2024, BBTN had reported credit growth of 14.4% year-on-year (yoy). According to Nixon LP Napitupulu, President Director of BBTN, this moderate target is set following tight liquidity of...
The total number of building permits issued in Australia was up a seasonally adjusted 10.4 percent on month in July, the Australian Bureau of Statistics said on Monday - coming in at 14,797. That beat forecasts for an increase of 2.4 percent following the 6.5 percent contraction in June. Permits for private sector houses rose...
South Korean crypto controversy continues as police announced the investigation of a firm linked to a gaming coin. Officers think company officials tricked a group of people in their late 50s and 60s by tricking them into paying for “insider crypto tips.” Per Chosun Ilbo, police in Seoul’s Jongno District said on March 4 that...
-- Most Asian stocks kept to a tight range on Tuesday as markets remained cautious before key U.S. inflation data, while Japanese stocks saw extended losses amid more signs that the Bank of Japan will raise interest rates soon. Regional stocks also largely tracked a middling overnight session on Wall Street, as a recent risk-on...
(Reuters) -Online travel platform Expedia (NASDAQ:EXPE) said on Monday it was cutting about 1,500 jobs globally, or about 9% of its total workforce, as part of its \"organizational and technological transformation\". The restructuring comes after Expedia warned earlier this month that revenue would moderate in 2024 as air ticket prices drop and said CEO Peter...
French stocks edged lower on Wednesday after posting strong gains in the previous session on Chinas announcement of aggressive stimulus. Earlier today, Chinas central bank lowered the cost of its medium-term loans to bank, in a move consistent with other broad policy to shore up growth in the worlds second-largest economy. Meanwhile, French consumer sentiment...
China will on Thursday release February figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. Imports are expected to rise 2.0 percent on year after adding 0.2 percent in January. Exports are called higher by an annual 2.5 percent, up from 2.3 percent in the previous month. The trade...
Food company Lancaster Colony Corp. (LANC) reported on Thursday that net income for the fourth quarter soared to $34.83 million or $1.26 per share from $9.17 million or $0.33 per share in the year-ago quarter. Net sales for the quarter edged down 0.4 percent to $452.83 million from $454.66 million for the same quarter last...
Ethereum’s market cap has dropped $1 trillion behind Bitcoin due to declining whale transactions, ETH sales, and slow adoption of ETFs.Concerns about centralization following Ethereum’s move to Proof-of-Stake are contributing to its ongoing market struggles. Following the staking cap review recently shared by CNF, in which Vitalik Buterin warned about Ethereum’s centralization risks, the price...