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News
Girl group NewJeans split sinks South Korea’s biggest K-pop agency by $423 million
November 29, 2024 04:06 PM AEDT| By InvezzSouth Korea’s largest K-pop agency, Hybe, suffered a dramatic $423 million loss in market capitalization on Friday after NewJeans, one of its most popular girl groups, announced it was terminating its contract with the sub-label ADOR. The announcemen...
Trip.com Group and Xinjiang Department of Culture and Tourism Unveil 'Kiss Xinjiang' at 2024 China International Travel Mart"
November 29, 2024 04:03 PM AEDT| By CisionA three-day collaborative event showcasing Xinjiang's culture and tourism on a global stage From stunning landscapes to unique experiences, 'Kiss Xinjiang' captivates travellers worldwide SHA...
2024 Global Youth Powerhouse Summit in Hong Kong: Global Leaders and Young Professionals Address Innovation and Economic Development
November 29, 2024 04:02 PM AEDT| By CisionKey Highlights: The inaugural Global Youth Powerhouse Summit 2024 is under way at the Hong Kong Maritime Museum, bringing together a dynamic community of young professionals, government leaders...
Japan's Strategic Shift: Revamping Web3 and Cryptocurrency Frameworks
November 29, 2024 03:52 PM AEDT| By Team Kalkine MediaHighlights,Japan reorganizes Web3 policies for strategic advancement.,Dedicated crypto unit established within the Digital Society Promotion Department.,Focus on fostering blockchain innovation under new leadership.,Japan has taken a significant step...
FinTech's New Track: How BiyaPay Leads the Cryptocurrency Cross-Border Payment Industry?
November 29, 2024 03:36 PM AEDT| By CisionHONG KONG, Nov. 29, 2024 /PRNewswire/ -- BiyaPay announced another reduction in cross-border payment fees, further saving costs for users. This move has been well-received among international p...
Crypto Contest Ingenuity Wins Over AI Bot Freysa for Grand Prize
November 29, 2024 03:28 PM AEDT| By Team Kalkine MediaHighlights,A crypto user convinced an AI bot to transfer a $47K prize pool.,The contest tested participants' ingenuity against AI restrictions.,Over 480 attempts were made before one successful strategy,emerged,.,In an unprecedented competition, a cr...
Understanding Payments Netting: Optimizing Inter-Affiliate Transactions
November 29, 2024 03:17 PM AEDT| By Team Kalkine MediaHighlights:,Definition of Payments Netting,:,Payments,netting is the process of reducing the number of fund transfers between affiliates by offsetting payments, resulting in only a net amount being transferred.,Types of Netting,:,Payments,netting can...
HGC Partners with Cisco to Put AI on Cybersecurity Services
November 29, 2024 03:14 PM AEDT| By CisionLaunch Managed AI Firewall to Revolutionize Cybersecurity in Hong Kong and Mainland China HONG KONG, Nov. 29, 2024 /PRNewswire/ -- HGC Global Communications Limited ("HGC" or...
Pension Parachute: Protecting Pension Assets During Hostile Takeovers
November 29, 2024 03:11 PM AEDT| By Team Kalkine MediaHighlights:,Definition,:,A pension parachute is a type of poison pill used in corporate governance to protect pension fund assets during a hostile takeover attempt. It ensures that surplus pension plan assets are used exclusively for the benefit of e...
Pension Protection Act of 2006: Strengthening the Safety Net for Retirement Benefits
November 29, 2024 03:08 PM AEDT| By Team Kalkine MediaHighlights:,Enhanced Pension Security,:,The Pension Protection Act of 2006 mandates higher premiums for companies with underfunded pension plans, aiming to bolster the financial health of pension funds and protect workers’ benefits.,Funding Requireme...
The Significance of "PER": Understanding the ISO Country Code for Peru
November 29, 2024 03:05 PM AEDT| By Team Kalkine MediaHighlights:,ISO 3166 Code for Peru,:,The "PER" code is the official three-character country code for Peru, assigned by the International Organization for Standardization (ISO) under its ISO 3166 standard.,Purpose and Usage,:,This three-letter code is...
Understanding Per Capita Debt: A Measure of Municipal Financial Health
November 29, 2024 03:03 PM AEDT| By Team Kalkine MediaHighlights:,Definition,:,Per capita debt refers to the total bonded debt of a municipality divided by its population, providing a per-person measure of the debt burden.,Assessment Tool,:,This metric is commonly used to assess the financial health of...
Artificial Intelligence Association of Hong Kong Set to Propel AI Innovation Across Key Industries
November 29, 2024 03:00 PM AEDT| By CisionFounding Members from Pillar Industries and the Leaders in the AI Community Come Together to Celebrate the Launch of the Association HONG KONG, Nov. 29, 2024 /PRNewswire/ --The Artificial Intel...
DETERMINANT BRINGS TOGETHER HONG KONG BRANDS TO EMPOWER HONG KONG PROFESSIONALS WITH PRODUCTS AND PERKS THROUGH THE "BUILT FOR LIVING" CAMPAIGN
November 29, 2024 03:00 PM AEDT| By CisionClick Here to Download High-Res Images HONG KONG, Nov. 29, 2024 /PRNewswire/ -- DETERMINANT, the functional men's shirt brand, is proud to announce its integrated "Built for Living" campaign...
Australia's Rising State Debt Spotlight on Infrastructure Spending
November 29, 2024 02:58 PM AEDT| By Team Kalkine MediaHighlights,Australian states face increasing debt levels,,impacting,fiscal stability,.,Key spending attributed to infrastructure investments in populous states,.,Australia's 'AAA' rating is reaffirmed but,remains,sensitive to fiscal risks,.,The growi...
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The People Pill: A Corporate Defense Against Hostile Takeovers
November 29, 2024 02:55 PM AEDT| By Team Kalkine MediaHighlights:,People Pill Explained,:,A "people pill" is a defensive strategy used by companies to deter hostile takeovers by having the entire management team threaten to resign if the takeover is successful.,Strategic Purpose,:,This tactic,seeks,to d...
Understanding Pension Sponsors: Key Players in Retirement Security
November 29, 2024 02:52 PM AEDT| By Team Kalkine MediaHighlights,Pension Plan Providers,:,Pension sponsors are organizations that,establish,and manage pension plans, providing employees with retirement benefits upon their departure from the workforce.,Responsibilities and Obligations,:,These sponsors,ar...
Understanding Per Capita Debt: A Measure of Municipal Financial Health
November 29, 2024 02:49 PM AEDT| By Team Kalkine MediaHighlights:,Definition,:,Per capita debt refers to the total bonded debt of a municipality divided by its population, providing a per-person measure of the debt burden.,Assessment Tool,:,This metric is commonly used to assess the financial health of...
Understanding Preferred Equity Redemption Stock (PERC)
November 29, 2024 02:44 PM AEDT| By Team Kalkine MediaHighlights:,Definition of PERC,:,PERC stands for Preferred Equity Redemption Stock, a financial instrument that,provides a way for companies,to issue preferred stock with an option to redeem or repurchase it at a future date.,Structure and Function,:...
Understanding Participation Certificates (PCs): A Key Investment Tool
November 29, 2024 02:41 PM AEDT| By Team Kalkine MediaHighlights:,Definition of PC (Participation Certificates),:,Participation certificates (PCs) are financial instruments,representing,a share in a pool of loans or investments, typically used in securitization and financing arrangements.,Purpose of PCs...
