Economy & Finance Archives | Page 93 of 188 | Be Korea-savvy

Archive by category Economy & Finance

Capital Market Authority: The Kingdom Has Achieved Advanced Ranks in Indicators Related to the Financial Market

Capital Market Authority: The Kingdom Has Achieved Advanced Ranks in Indicators Related to the Financial Market

RIYADH, Saudi Arabia, June 22 (Korea Bizwire) — The Kingdom of Saudi Arabia has made exceptional progress in the 2023 IMD World Competitiveness Yearbook rankings. From 2022 to 2023, the Kingdom advanced from 24th to 17th rank, marking a tremendous leap in its global standing. According to the yearbook, six of the twelve capital market indices [...]

AGF Management Limited Reports Second Quarter 2023 Financial Results

AGF Management Limited Reports Second Quarter 2023 Financial Results

Reported quarterly diluted earnings per share of $0.45 AGF reported its 11th consecutive quarter of positive mutual fund sales reporting net sales of $77 million Quarterly dividend of $0.11 per share TORONTO, June 21 (Korea Bizwire) — AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended [...]

EEX and Nasdaq Commodities Announce Intention to Transfer Nasdaq’s European Power Business to EEX

EEX and Nasdaq Commodities Announce Intention to Transfer Nasdaq’s European Power Business to EEX

NEW YORK and LEIPZIG, Germany, June 20 (Korea Bizwire) — The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals. The transaction will involve the transfer of existing open [...]

Copenhagen Infrastructure Partners Invests in CWP’s Green Hydrogen Business

Copenhagen Infrastructure Partners Invests in CWP’s Green Hydrogen Business

COPENHAGEN, Denmark, June 14 (Korea Bizwire) — CWP Global and Copenhagen Infrastructure Partners (CIP) are pleased to announce the recent completion of CIP’s strategic investment in CWP’s development portfolio of ultra-large-scale green hydrogen hubs, including projects across Africa, Australia and the Americas. Under the deal announced today, CIP, through its Energy Transition Fund I, has acquired [...]

Toast Selects FreedomPay as its Preferred Payments Partner for Global Enterprise Merchants

Toast Selects FreedomPay as its Preferred Payments Partner for Global Enterprise Merchants

Philadelphia, Pennsylvania, June 12 (Korea Bizwire) – FreedomPay, the world’s leading independent commerce platform and Toast, the all-in-one digital platform built for the entire restaurant community, signed a partnership agreement making FreedomPay Toast’s preferred payments gateway partner for select enterprise brands. Toast will be able to offer its cloud-based digital platform for restaurants to leading enterprise [...]

EB5 Capital Celebrates the Closing of Hutchinson Island (JF38)

EB5 Capital Celebrates the Closing of Hutchinson Island (JF38)

WASHINGTON, June 8 (Korea Bizwire) — Today, EB5 Capital announced the closing of its $40 million preferred equity investment in Daniel Corporation’s Hutchinson Island (JF38) apartment project, located in Savannah, Georgia. EB5 Capital is making a $40 million preferred equity investment in Daniel Corporation’s 288-unit, Class A multifamily property located across the Savannah River from [...]

VCI Global Declares Interim Dividend and Firms Up Dividend Policy

VCI Global Declares Interim Dividend and Firms Up Dividend Policy

KUALA LUMPUR, Malaysia, June 6 (Korea Bizwire) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) has declared a first single tier interim dividend of USD0.01 per ordinary share. The payout is the Company’s way of rewarding its shareholders for their support over the years. The dividend will be paid out on Monday, 31 [...]

Madison Realty Capital Originates $262 Million Construction Loan for E11EVEN Residences Beyond Luxury Condominiums in Miami

Madison Realty Capital Originates $262 Million Construction Loan for E11EVEN Residences Beyond Luxury Condominiums in Miami

NEW YORK, June 6 (Korea Bizwire) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has originated a $262 million construction loan to developers PMG and E11EVEN Partners for E11EVEN Residences Beyond, an ultra-luxury, dual-tower development located in Miami’s District 11 neighboring the E11EVEN Hotel & Residences Miami development. [...]

VCI Global Engaged as Consultant for RM600 Million (Approximately USD130 Million) Mixed Development Project in Melaka, Malaysia

VCI Global Engaged as Consultant for RM600 Million (Approximately USD130 Million) Mixed Development Project in Melaka, Malaysia

KUALA LUMPUR, Malaysia, June 1 (Korea Bizwire) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”) today announced that its wholly owned subsidiary, V Capital Real Estate Sdn Bhd (“V Capital Real Estate”) has been engaged as a consultant by Tinta Anggun Engineering Sdn Bhd (“Tinta Anggun”). This is with respect to the [...]

SET Launches New Trading System Leveraging Nasdaq Technology to Meet End-to-End Investment Needs

SET Launches New Trading System Leveraging Nasdaq Technology to Meet End-to-End Investment Needs

BANGKOK, Thailand and NEW YORK, June 1 (Korea Bizwire) — The Stock Exchange of Thailand (SET) has successfully launched its new trading system, together with market data distribution and market surveillance systems, based on Nasdaq (Nasdaq: NDAQ) technology. All systems are running seamlessly and operating at full efficiency in line with international standards and best [...]