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Google Invest $550 million Chinese e-commerce platform

To access the remainder of this piece of premium content, you must . If you are already registered, please . Reuters reports that Google is planning on investing $550 million in the Chinese e-commerce platform, JD.com. The investment is in part of Google’s efforts to expand its presence in Asian markets and battle rivals like Amazon. The investment is described to act as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service,…

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Pascal Biosciences Engages CFN Media to Build New Investor Audience – News Press Release

Pascal Biosciences Engages CFN Media to Build New Investor Audience Posted on: 19 Jun 18 SEATTLE, June 19, 2018 (GLOBE NEWSWIRE) — CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, today announced that Pascal Biosciences, Inc. (TSX-V:PAS) has engaged CFN Media to conduct a 3-month investor and market visibility program to begin on June 19, 2018. “Pascal Biosciences, a Vancouver, BC and Seattle, WA-based biotechnology company, has discovered that certain cannabinoids…

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Jefferies profit jumps on higher investment banking…

By Reuters Published: 07:15 EDT, 19 June 2018 | Updated: 08:40 EDT, 19 June 2018 June 19 (Reuters) – Jefferies Group LLC on Tuesday reported a 40.5 percent jump in quarterly profit as strength in its investment banking business, which advises on deals and listings, helped offset weakness in its trading unit. The company’s investment banking revenue rose 42.2 percent to $500.3 million in the second quarter, helped by an increase in equity and debt underwriting, as well as mergers…

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Malaysia could extend tax breaks for key foreign investors: Mahathir

KUALA LUMPUR (Reuters) – Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday. Malaysia’s Prime Minister Mahathir Mohamad works at his office in Putrajaya, Malaysia June 19, 2018. REUTERS/Lai Seng Sin His comments could reassure investors in Southeast Asia’s third biggest economy after Mahathir started a review of major projects sanctioned by former premier Najib Razak, especially the ones…

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July 26 is the last date to invest in this social commerce platform

Conceptualised to provide a social media platform for meaningful conversations to its users, Sagoon has quickly become immensely popular amongst the masses. One reason is its concept revolves around letting its users connect with their loved ones, buy and gift products, and earn rewards for spending time on the platform. But another great reason is the way it lets users invest in the company. After Nepalese-American IT engineer Govind Giri founded the social commerce platform, Kabin Sitoula and Swati Dayal…

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RM1bil investment for Tawau, Semporna and LD

RM1bil investment for Tawau, Semporna and LD Published on: Tuesday, June 19, 2018 Semporna: The Sabah State Government is set to bring in investments worth RM1 billion for Lahad Datu, Semporna and Tawau. Chief Minister Datuk Seri Mohd Shafie Apdal (pic) named the investor as Hap Seng Group. “I have met with the investor, Hap Seng Group. They are no stranger to Sabah, with numerous investments in various sectors. “They have said they wanted to invest in…

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Investors score more in PM Modi’s rule than under Vajpayee’s govt

The markets have performed better under the National Democratic Alliance’s (NDA’s) Narendra Modi, as compared to Atal Bihari Vajpayee’s tenure as India’s Prime Minister (PM). The Nifty 50 index (Nifty as it was known then), notched up a gain of 5.7 per cent, while the Sensex lost one per cent on an absolute basis between October 13, 1999, when Vajpaee assumed charge as the PM, and May 19, 2004, when he left office, data…

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Payments company behind digital banks like Revolut, Starling Bank, Curve and Loot nets £44m investment

Payments processing company Global Processing Services (GPS) has locked in £44million in funding from Dunedin, marking one of the largest fin-tech financing deals of the year.    The investment managers announced the venture with GPS, who currently power the latest digital banks, fin-techs and financial institutions in the industry. Founded in 2015, GPS is presently working with more than 100 clients who include fintech innovators and disruptors such as Starling Bank, Revolut, Pockit, Volt Bank, Loot, Stocard, Glint, Osper and Curve.    Dunedin will…

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RegerDiamond Launches First Ever ICO Token That Is Secured By Real Diamonds Creating A Stable Crypto Investment Platform For Their Participants

RegerDiamond Launches First Ever ICO Token That Is Secured By Real Diamonds Creating A Stable Crypto Investment Platform For Their Participants Jun 18, 2018 (AB Digital via COMTEX) — Prague, Czech Republic – June 18th, 2018 – Major news came out of left field today after RegerDiamond announced the impending open of their ICO Pre-Sale that could become the “Gold Standard” of Cryptocurrency tokens. As ICO’s launch literally every day, it is rare to find one that is secured by…

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Goldman Sachs BDC, Inc. Receives Investment Grade Rating from Fitch Ratings

Goldman Sachs BDC, Inc. (the “Company”) GSBD, +1.43% announced today that Fitch Ratings (“Fitch”) has assigned the Company an investment grade rating of BBB-; the rating outlook is stable. “We are pleased to receive an investment grade rating from Fitch, which we believe reflects both the quality of GSBD’s investment portfolio and the strength of Goldman Sachs…

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Should investors favor cyclical or defensive stocks for the rest of the year? Analysts disagree

One of the curious attributes of the U.S. stock market in 2018 is that while there are mounting concerns over the outlook for growth going forward, sectors traditionally seen as safe have struggled the most, while the ones more closely correlated to macroeconomic conditions have generally risen. A key question for investors is whether this trend will continue, or whether “cyclical” sectors will start to reflect broader uncertainty and defensive sectors will start to live up to their name by…

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Google to invest $550 million in China e-commerce giant JD.com

(Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment announced on Monday as one piece of a broader partnership that will include the promotion of JD.com products on Google’s shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S.…

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Kiwis warned of global investor scam that has allegedly duped Kiwis out of life-savings

A Kiwi man has poured $525,000 into what is believed to be a sophisticated global investment scam and is warning others against being taken in. Authorities are looking into the apparent ruse which has allegedly duped other Kiwis out of their life-savings. Manfred Bredl, 63, believed he was investing in a groundbreaking carbon emissions scheme, reportedly backed by the Mexican government. But promises of a NZ$1.8 million cash windfall by charismatic, smooth-talking operators failed to materialise and Bredl now fears…

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Google invests heavily in Chinese e-commerce giant JD.com

Google Inc. will invest $550 million in China’s second largest e-commerce firm JD.com, a move that will give the company a bigger presence in the Asian market and also bolster its position against competitor Amazon.com Inc. For its investment Google will receive 27 million newly-issued class A ordinary shares in JD.com, which will give Google a less than one percent share in the company. In return, JD.com’s products will be promoted on Google’s shopping service, giving it more of a presence outside…

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Shafie: Lahad Datu-Tawau to get RM1b investment | Money

Sabah Chief Minister Datuk Seri Mohd Shafie Apdal (right) said the Sabah state government is set to bring in investments worth RM1 billion for Lahad Datu, Semporna and Tawau. ― Bernama pic SEMPORNA, June 18 — The Sabah state government is set to bring in investments worth RM1 billion for Lahad Datu, Semporna and Tawau.    Chief Minister Datuk Seri Mohd Shafie Apdal named the investor as Hap Seng Group. “I have met with the investor, Hap Seng Group. They…

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Google invests $550 million in Chinese e-commerce company JD.com

Alphabet Inc.’s Google unit is investing $550 million in Chinese e-commerce retailer JD.com Inc., a move that will deepen its ties with China and strengthen its foothold in online shopping. The partnership will help both companies expand their retailing presence in Southeast Asia, the U.S. and Europe, working jointly on retail and infrastructure systems to help brick-and-mortar merchants go digital. Under the deal announced Monday, Google GOOG,…

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