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Archive by category Economy & Finance

EBC Financial Group Partners with Shakti Regeneration Institute to Empower Marginalised Communities and Promote Indigenous Conservation Efforts

Sponsorship of West Bengal School and Support for Global Environmental Documentary Shines Light on EBC’s Commitment to Education and Sustainability RANAGHAT, India, Jan. 27, 2025 (Korea Bizwire) – EBC Financial Group (EBC), a leading global financial brokerage, proudly announces its latest Corporate Social Responsibility (CSR) initiative through a strategic partnership with the Shakti Empowerment Education [...]

VCI Global Acquires Cutting-Edge NVIDIA H200 AI Chips Via Supermicro to Supercharge AI Cloud Business

The Company Invests Over US$25 Million in 512 NVIDIA H200 GPUs to Drive 20% Earnings Growth KUALA LUMPUR, Malaysia, Jan. 27, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), through its AI subsidiary, AI Computing Center Malaysia Sdn. Bhd. (“AICC” or the “Company”) proudly announces a major AI asset acquisition through Super [...]

VCI Global Moves to Acquire Award-Winning Digital Marketing Firm in Singapore

This Acquisition Strengthens VCI Global’s Digital Marketing Capabilities While Enhancing the Company’s Presence in the Singapore Market KUALA LUMPUR, Malaysia, Jan. 23, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced that it is advancing the acquisition of Roots Digital Pte. Ltd. (“Roots Digital”), a digital marketing firm, [...]

BitMEX Launches Chinese New Year Competition: Win a 188,888 USDT Prize Pool

MAHE, Seychelles, Jan. 23, 2025 (Korea Bizwire) – BitMEX, the OG crypto derivatives exchange, today launched the Slither to Success Trading Competition to kick off the Lunar New Year. Participants can compete for a share of 188,888 USDT. The competition will run from 23 January 2025 at 11:00 AM (UTC) to 16 February 2025 at 11:59 PM (UTC). [...]

Bitget Becomes the Second Largest Crypto Exchange Ecosystem by Userbase

VICTORIA, Seychelles, Jan. 23, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company has released its 2024 transparency report highlighting one of the most successful years the company has experienced since its launch in 2018 emerging as the second-largest exchange ecosystem by user base. Driven by innovation, strategic business decisions and a strong [...]

Verisk Estimates Industry Insured Losses for the Palisades and Eaton Fires Will Fall Between USD 28 Billion and USD 35 Billion

This estimate includes losses due to fire and is inclusive of losses to the California Fair Plan BOSTON, Jan. 22, 2025 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to property for the Palisades and Eaton fires together [...]

AGF Management Limited Reports Fourth Quarter And Fiscal Year 2024 Financial Results

Reported quarterly adjusted diluted earnings per share of $0.45 Total assets under management and fee-earning assets of $53.6 billion Declared quarterly dividend per share of 11.5 cents TORONTO, Jan. 22, 2025 (Korea Bizwire) – AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the fourth quarter and fiscal year ended [...]

ITC London: Duck Creek Technologies Hosts “Forecasting the Future of Commercial Lines Insurance” Roundtable

The company to showcase its modern cloud-native suite for insurers LONDON, Jan. 22, 2025 (Korea Bizwire) – Duck Creek Technologies, the global intelligent solutions provider redefining the future of property and casualty (P&C) and general insurance, will join partners and industry leaders at ITC London taking place 27-28 January at The Brewery in London. In addition [...]

VCI Global Secures US$100 Million in Funding Commitment to Fuel Further Growth in the AI and Renewable Energy Sector

Funding to Accelerate Strategic Growth, Drive Innovation, and Strengthen Financial Flexibility for Long-Term Shareholder Value KUALA LUMPUR, Malaysia, Jan. 21, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced it has secured an additional US$100 million investment commitment from Alumni Capital LP (“Alumni Capital”). This commitment builds on [...]

Axi Launches New Edge Score Explainer to Empower Traders with Personalised Insights and Performance Tracking

SYDNEY, Jan. 21, 2025 (Korea Bizwire) – Axi, a leading global provider of online trading services, is excited to announce the launch of a new and enhanced feature for its Axi Select program: the Edge Score Explainer. Designed to offer Axi Select traders deeper, more actionable insights into their trading performance, this dynamic tool will help [...]