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☆ The IPO market should pick up in 2024. Here are the hottest companies set to make their debut
▼ + stars: | 2024-01-20 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

After a tepid year in the IPO market, investors are hopeful 2024 will bring about a return to form. But the IPO market cratered in 2022 after the Federal Reserve's aggressive rate hiking campaign collapsed investor demand for growth stocks. But happier days could be ahead for the IPO market in 2024. According to Linqto's 2024 IPO Sentiment Survey released Thursday, only a little more than half, 52%, of 2,500 traders polled are anticipating a significant recovery in the IPO market this year, suggesting "cautious optimism" ahead. "There's a lot more optimism for the IPO market," said Akshata Bailkeri, head of research at EquityZen, a platform for pre-IPO activity.

Persons: Akshata Bailkeri, Bailkeri, Wilson, EquityZen's Bailkeri, Shein, Shein confidentially, Reddit, that's, Andrew Low Ah Kee, Low Ah Kee, Ah Kee, Skims Skims, Kim Kardashian, Andy Muir, Muir, Jordan Brand, Amer, Roxanna Islam, Troy Gayeski, Gayeski, EquityZen's Organizations: Robinhood, Ford, Amer Sports, CNBC, U.S, Reuters, National Football League, Commerce, Nike, Wilson, FS Investments, U.S . Census, World Bank Locations: Snowflake, IPOs, Silicon, China, Opendoor, U.S

☆ First Prosecution Witness Testifies Against Jimmy Lai in Hong Kong
▼ + stars: | 2024-01-17 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Jessie Pang and Edward ChoHONG KONG (Reuters) - The first prosecution witness to testify in a landmark national security case against Hong Kong media tycoon Jimmy Lai said on Wednesday he had been instructed by Lai to call people to join protests in 2019 and draw the attention of western democracies. The witness, Cheung Kim-hung, said Lai believed a proposed law that would allow people in Hong Kong to be sent to China to face trial in courts controlled by the Communist Party would be used to crackdown on the territory's democracy and freedoms. He told the court that the image of Lai "was all along very clear, who pursued democracy, freedom and was anti-totalitarian". Hong Kong officials say Lai will receive a fair trial. Both Chinese and Hong Kong officials have said the national security laws were vital to restoring stability in Hong Kong.

Persons: Jessie Pang, Edward Cho HONG, Jimmy Lai, Lai, Cheung Kim, Cheung, Hong, Apple, Chan Pui, Yeung Ching, kee, Andy Li, Chan, Edward Cho, Dorothy Kam, Greg Torode, Neil Fullick Organizations: Reuters, Hong, Communist Party, Apple, Next Locations: Edward Cho HONG KONG, Hong Kong, China, Beijing, Britain, United States

☆ A pilot landed a plane in the wrong city, nearly 200 miles from where it was supposed to be: report
▼ + stars: | 2023-11-27 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +4 min

A pilot landed a flight in a city some 198 miles from its intended destination. Passengers said the pilot announced he had received the wrong flight path. AdvertisementA pilot on a Nigerian airline landed a plane in a city nearly 200 miles away from its intended destination, local news outlet The Cable reported on Saturday. Apparently, our pilot was given wrong flight plan from Lagos," he wrote. And in 2019, a British Airways flight bound for Düsseldorf, Germany, mistakenly landed in Edinburgh, Scotland after the airline filed the wrong flight plan.

Persons: —, we've, they'd Organizations: Passengers, United Nigeria Airlines, Service, . United Nigeria Airlines —, New, United, United Nigeria Airline, Google, Cable, Business Locations: Nigerian, West, Lagos, Abuja, Asaba, New York City, Washington ,, United Nigeria, @flyunitedng

☆ South Korea Finance Chief Defends Short-Sell Ban Ahead of Elections
▼ + stars: | 2023-11-07 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +3 min

By Cynthia Kim and Jihoon LeeSEOUL (Reuters) - South Korea's finance minister defended the government's ban on short-selling of stocks, an announcement that comes ahead of general elections next year and has drawn criticism from market players who say the move could hurt the country's global credibility. The financial regulator on Sunday reimposed a full ban on short-selling until the end of June 2024 to create a "level playing field" for retail and institutional investors. "The move completely thwarted Korea's plans to convince MSCI that it deserves a spot in the developed market status. The number of retail stock trading accounts has roughly doubled since 2017 to about 14 million, with about one in every five Koreans having an account. South Korea's Financial Supervisory Service in October said it would likely fine two Hong Kong-based investment banks it determined had engaged in naked short-selling transactions worth 40 billion won ($29.58 million) and 16 billion won respectively.

Persons: Cynthia Kim, Jihoon Lee SEOUL, Choo, Korea's, we're, Cho Jun, kee, Jihoon Lee, Tom Hogue, Navaratnam Organizations: MSCI Inc, SK Securities, Financial, Service, Credit Suisse Locations: Philippines, Korea, South Korea, Portugal, Hong Kong

☆ Singapore’s Changi Airport fully reopens Terminal 2 following huge expansion
▼ + stars: | 2023-11-03 | by ( Karla Cripps | ) edition.cnn.com time to read: +5 min

CNN —Singapore’s Changi Airport has fully reopened Terminal 2 following a massive 3.5-year expansion project. But it was the introduction of some previously unheard-of amenities that really got the world’s travelers to take notice. Changi Airport Terminal 3 – which now has a 12-meter-high mega slide and a butterfly garden – entered the picture in 2008. Featuring a dramatic, doughnut-shaped exterior framed in steel and glass, the 135,700-square-meter space is a multi-use complex that connects three of Changi Airport’s four terminals. Meanwhile, airport officials have already revealed plans for Terminal 5, which is expected to open to travelers in the mid-2030s.

Persons: ”, Lye, Tang, Li Bai’s, Li Bai, Nam Kee, what’s Organizations: CNN, Group’s, Lotte, Harry’s, CNN Singapore Changi Airport, Hamad International Airport, Changi, HSBC Locations: Changi, Lye Teck, Singapore, Doha, Qatar, Forest

☆ The culinary delights hidden inside Hong Kong’s markets
▼ + stars: | 2023-10-20 | by ( Maggie Wong | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Offering everything from Michelin-endorsed dim sum to juicy smoked goose served in a world-renowned restaurant, Hong Kong is home to some of the finest culinary experiences on the planet. But don’t fret – we have put together a list of eight top-quality Hong Kong markets along with some of the best dishes to try. Queen Street Cooked Food MarketQueen Street Market serves some of the most authentic Chiuchow -- a regional Cantonese cuisine -- dishes. Maggie Wong/CNNA foodie haven in the north of Hong Kong, Yuen Long is a hub for both modern and traditional eateries. The relatively run-down look of the Fa Yuen Street Cooked Food Market inside only adds to the charm.

Persons: ”, Lui Ka Chun, Kongers, Lui, “, Wai Kee, Maggie Wong, Kau Kee, ngau, jyu beng, Kan, Hong Kong’s, Lok Yuen, yuen yeung, Tsang Kee, Chan Chun Kee, suckling, Tai Po Hui, Lam Kee, Tung Kee, Ping Kee, Ng Zai Kee, Bon, Tsun, CNN Kwun, Long, Tim Kee, Yuen Long, it’s, Kee’s, Fa, Mui Kee Congee, Shau Kee Wan Organizations: CNN, Hong Kong CNN, Michelin, Lok, Market, Queen, Thai &, Thai & Vietnam Cuisine, ABC, Tai Po Hui, Food, hawker, Hong Kong’s, Fa Yuen, Kitchen Locations: Hong Kong, Hong, hawker, Kong’s, Kan Kee, Kowloon City, Kowloon Walled City, Lok, Beijing, Thai, Thai & Vietnam, Tai Po, New Territories, Shanghai, Kwun Tong, CNN Kwun Tong, Kowloon, Sichuan, Yuen, Mong Kok, Aldrich, Aldrich Bay, Shau

Fewer than half of rural hospitals now have maternity units, prompting government officials and families to scramble for answers. The closures have worsened so-called “maternity care deserts" — counties with no hospitals or birth centers that offer obstetric care and no OB providers. Ultimately, doctors and researchers say, having fewer hospital maternity units makes having babies less safe. “It feels like you’re held in a way.”Some states and communities are taking steps to create more freestanding birth centers. It was a novel and “innovative” idea to request federal nurses to boost staffing at a rural maternity unit, Wyden’s office said.

Persons: Alisha Alderson, ”, Alderson, “, Eric Scott Palmer, It’s, —, Peiyin Hung, Saint Alphonsus, Odette Bolano, Dina Ellwanger, John Tucker, Tucker, we’ve, ’, Lacy Kee, she’ll, She’s, Kee, Henry, Pamela Evans, Evans, she’s, Katie O’Brien, Paris, Bennett —, O’Brien, Corina Fitch, Fitch, Betsy Baarspul, you’re, Ned Lamont, Alecia McGregor, ” McGregor, Tina Kotek, Sen, Ron Wyden, Shane Alderson, Alisha's, ” ___ Rush, Kuna , Idaho . Ungar, Robert Wood Johnson Organizations: OB, Henry County Medical Center, American Hospital Association, University of South, University of South Carolina’s Rural, Minority Health Research Center, Saint, Henry County Medical, Associated Press, Medicaid, Midwifery, Connecticut Gov, Harvard, of Public Health, National Academies of Sciences, Engineering, Medicine, AP, Oregon Gov, U.S . Public Health Service, Corps, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, Robert Wood Johnson Foundation Locations: Oregon, Boise , Idaho, U.S, Tennessee, University of South Carolina’s, Baker City, Paris , Tennessee, Kentucky, Henry County, Summertown , Tennessee, Connecticut, Chan, “, Baker, Baker City , Oregon, Kuna , Idaho

☆ Fanatics hires former Opendoor executive to run $5 billion sports merchandise business
▼ + stars: | 2023-09-12 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

Fanatics has seen that area of its business grow to more than $5 billion in annual sales, a key driver of its increasing overall revenue and valuation. The slew of recent executive appointments moves Fanatics closer to Rubin's goal of an eventual IPO as its business continues to expand beyond sports merchandise. Low Ah Kee is replacing Doug Mack, who has served as Fanatics Commerce CEO since 2014 and announced last month that he would be retiring at the end of 2023. Fanatics said Mack will work with Low Ah Kee for the remainder of the year and then will shift into a special advisory role for Rubin and the company. Opendoor announced last December that Low Ah Kee was leaving the company.

Persons: Justin Berl, Andrew Low Ah Kee, Michael Rubin, Low Ah Kee, Matt King, Dick Clark, Mike Mahan, " Rubin, Rubin, Deborah Crawford, Ah Kee, Doug Mack, Mack, Opendoor, Kee Organizations: Pittsburgh Pirates, Milwaukee Brewers, PNC Park, Commerce, Mitchell Locations: Pittsburgh , Pennsylvania, U.S, Meta

☆ Scion of Family Tied to 2014 Ferry Disaster Is Being Extradited to South Korea
▼ + stars: | 2023-08-02 | by ( John Yoon | More About John Yoon | ) www.nytimes.com time to read: +1 min

A businessman whose family’s company operated a ferry that sank off South Korea in 2014, killing more than 300 people, will be flown to that country from the United States to face embezzlement charges, officials said on Thursday, after years of requests from Korean prosecutors. The businessman, Yoo Hyuk-kee, 50, also known as Keith Yoo, is expected to arrive in South Korea, where he faces trial on seven counts of embezzlement, on Friday. South Korea’s Justice Ministry said in a statement on Thursday that Mr. Yoo would arrive at Incheon International Airport on Friday at 5:20 a.m. local time. A company controlled by Mr. Yoo’s family, the Chonghaejin Marine Company, operated the Sewol ferry, which capsized off the southwestern coast of South Korea in April 2014. Most of those who died were teenagers on a school trip, and the disaster traumatized the country.

Persons: Yoo Hyuk, Keith Yoo, Yoo, Yoo’s Organizations: Korea’s Justice, International Airport, Chonghaejin Marine Company Locations: South Korea, United States, New York State

Adrienne Hurst and Dan Farrell andListen and follow ‘The Daily’Apple Podcasts | Spotify | StitcherAlmost everyone who reads “American Born Chinese,” Gene Luen Yang’s groundbreaking graphic novel, is a little afraid of Chin-Kee. The book is a classic of young-adult literature, threading together stories of Asian American boyhood with a revered Ming dynasty novel. Chin-Kee’s role in it is a small one, but he is the bomb at the book’s heart. He makes the old schoolyard “me Chinese” rhymes and begins sentences with “Confucius say …” He sings “She Bangs,” in a library, in the style of the “American Idol” contestant William Hung. A laugh track runs in a ribbon under each scene, a brutal little receipt: “HA HA HA HA HA.”So when news arrived, in 2021, that “American Born Chinese” would be adapted as a live-action Disney+ streaming series, the first reaction from some readers was, more or less, “Oh, no.”

Persons: Adrienne Hurst, Dan Farrell, Gene Luen, Chin, Kee, “ Confucius, Bangs, ”, William Hung Organizations: Spotify, Idol

The Michelin Guide added 17 food stalls and two restaurants in Singapore to its Bib Gourmand list this week. In total, 79 dining establishments in the city-state were named to the list, an increase from 67 last year. The Bib Gourmand category recognizes inexpensive dining establishments, which are selected by anonymous inspectors, according to a company press release. Three more stalls are in Adam Food Center — Adam Rd Noo Cheng Big Prawn Noodle, Bahrakath Mutton Soup and Selamat Datang Warong Pak Sapari, which is known for its Malay noodle dishes, according to Michelin. The complete selection of Michelin-starred restaurants in Singapore will be announced on June 27 at an awards ceremony.

Persons: Kok Sen, nasi lemak, Du Du Shou Shi, Heng Kee, De, Heng, Fried, Huat, Chun, Wei Chilli Ban, Cheok Kee, Adam, Noo Organizations: Michelin, Coconut, Geylang Bahru Market, Food Center, Adam Food Locations: Singapore, Geylang

☆ Ex-aide to 1MDB fugitive Jho Low dies weeks after questioning
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: +2 min

KUALA LUMPUR, May 31 (Reuters) - A former aide to Malaysian fugitive Jho Low - wanted for his central role in the multi-billion dollar 1MDB corruption scandal - has died weeks after being questioned by Malaysian authorities on Low's whereabouts, his lawyers said on Wednesday. He was questioned by the Malaysian Anti-Corruption Commission (MACC) on arrival and had his house searched, media reported. Malaysian authorities have previously said Low was believed to be in China, though Beijing has denied that. Low has been charged in Malaysia and the United States for allegedly masterminding the theft of $4.5 billion from now-defunct fund 1Malaysia Development Berhad (1MDB). Former Malaysian prime minister Najib Razak, who co-founded 1MDB, was sentenced to 12 years in prison last year for graft linked to the scandal.

Persons: Jho, Kee Kok Thiam, Valen, Kee, Al Jazeera, Al, Low, Najib Razak, Hasnoor Hussain, Rozanna Latiff, Kanupriya Kapoor Organizations: Malaysian, Partners, Malaysian Anti, Corruption, 1Malaysia Development, Thomson Locations: KUALA LUMPUR, Malaysian, U.S, Malaysia, Macau, 1MDB, China, Al Jazeera, Beijing, United States

CNN —A Taiwan-based book publisher has been placed under investigation in China on suspicion of “endangering state security,” Beijing said Tuesday amid mounting concern over his disappearance. Li’s detention comes at a tense moment in cross-strait relations, and several Taiwan citizens have been detained in China on state security grounds in recent years. CNN has reached out to Taiwan’s Mainland Affairs Office to inquire about Li’s citizenship status. One of them, Lam Wing-kee, has said he was kidnapped by Chinese “special forces” after crossing the border into mainland China from Hong Kong. Hong Kong used to be a hub for publishing politically sensitive books that would be banned in mainland China.

Last month, Google started testing limited news censorship as a potential response to a Canadian government bill that aims to compel online platforms to pay publishers in Canada for news content. Google has claimed that the test is like thousands of other product tests the company conducts on a regular basis. The tests, which the company says affected less than 4% of Canadian users, began on Feb. 9 and were scheduled to run for five weeks. Speaking to a parliamentary committee investigating the tests, Google's public policy manager Jason Kee confirmed that the tests would end next week. During the panel, questions were raised about local journalism outlets, like the 13-14 local, weekly papers that MP Martin Shields has in his riding.

☆ An 81-year-old brain doctor's 7 'hard rules' for keeping your memory 'sharp as a whip'
▼ + stars: | 2023-02-02 | by ( Richard Restak | ) www.cnbc.com time to read: +4 min

Neglecting your brain health can make you vulnerable to degenerative brain diseases like Alzheimer's and other forms of dementia. As a neuroscientist, I've spent decades guiding patients with memory problems through brain-enhancing habits and exercises — many of which I practice, too. Here are seven brain rules I follow to keep my memory sharp as a whip:1. Eat brain foods. Get in the habit of converting anything which you find hard to remember into a wild, bizarre or otherwise attention grabbing image.

☆ Six former staff of Hong Kong newspaper plead guilty to conspiracy to collude
▼ + stars: | 2022-11-22 | by ( Jessie Pang | ) www.reuters.com time to read: +3 min

HONG KONG, Nov 22 (Reuters) - Six former members of staff at Hong Kong's defunct pro-democracy newspaper Apple Daily pleaded guilty on Tuesday to conspiracy to commit collusion with foreign forces in a closely watched national security case. Prosecutor Anthony Chau said Apple Daily was used as a platform to advocate for foreign sanctions. Beijing and Hong Kong's government denied that and accused the protesters of undermining the stability at the heart of Hong Kong's economic success, at the behest of foreigners. Lai and the six former Apple Daily staff members were charged with conspiracy to commit collusion with foreign forces under the law. Lai and his three companies have pleaded not guilty to the national security and sedition charges.

Nov 3 (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid by a businessman to block his extradition to South Korea to face embezzlement charges that stemmed from a 2014 ferry sinking that killed 304 people. He also is known as Keith Yoo. Sotomayor is the justice assigned to review emergency appeals from a group of states that include New York, where Yoo's extradition case had been pending. "We are disappointed the Supreme Court denied our motion to stay Keith Yoo's extradition pending resolution of his appeal," his lawyer Shawn Naunton said in a statement. Yoo's lawyers had argued that the U.S. State Department - not judges - should decide whether South Korea waited too long to seek Yoo's extradition under its 1998 treaty with the United States.

☆ A passenger plane was heavily damaged when it overshot the runway during its third landing attempt
▼ + stars: | 2022-10-24 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

A Korean Air plane was heavily damaged after it overshot the runway while trying to land. The incident involved a Korean Air plane and took place at Mactan-Cebu International Airport in the Philippines. There were no reports of injuries among the 162 passengers and 11 crew members on Korean Air flight KE631. Mactan-Cebu International Airport did not immediately respond to Insider's request for further comment, which came outside of standard business hours. It's the second incident involving a Korean Air flight that has made headlines in recent months.

☆ U.S. Sanctions Shipping Firm, Individuals for Alleged Oil Exports to North Korea
▼ + stars: | 2022-10-07 | by ( Mengqi Sun | ) www.wsj.com time to read: +2 min

The U.S. imposed sanctions against a shipping company and two individuals for allegedly exporting oil to North Korea, which the U.S. said supports Pyongyang’s nuclear and military programs. The U.S. said the Courageous, also known as the Sea Prima, has participated in several deliveries of refined petroleum to North Korea, including ship-to-ship transfers to North Korean vessels that violated United Nations sanctions. North Korea faces sanctions from the U.S. and the U.N., including restrictions on its import of petroleum products. Ship-to-ship transfers have been identified as one way North Korea circumvents these sanctions. PREVIEWFriday’s sanctions come after the U.S. Justice Department filed a criminal complaint against Mr. Kwek in April 2021 for allegedly conspiring to evade economic sanctions on North Korea and for conspiracy to money launder.

☆ Opendoor is staring down losses after once boasting it wouldn't repeat Zillow's home-flipping fiasco. 5 properties from Phoenix to Atlanta show the trouble it's facing.
▼ + stars: | 2022-09-21 | by ( James Rodriguez | Alex Nicoll | ) www.businessinsider.com time to read: +9 min

The losses are mounting for Opendoor as home prices fall in previously red-hot markets such as Phoenix, Southern California, and Las Vegas. Opendoor cut the listing price three times, ultimately dropping it to $657,000 before the property sold. Opendoor has since cut the listing price five times, most recently advertising the property at $417,000. Records on Zillow indicate Opendoor has reduced the listing price six times. As for the homes Opendoor is buying today, Wu said executives "expect those to perform well and in line with expectations."

☆ Malaysia food: Top 40 dishes to try
▼ + stars: | 2017-11-30 | by ( Justin Calderon | Cnn Travel Staff | ) edition.cnn.com time to read: +20 min

A fish curry popular throughout peninsular Malaysia, it’s commonly made with freshwater fish or stingray. Gulai ayam kampungThis chicken curry dish can be cooked in a number of ways. Chai tow kwayIn this dish, rice flour and grated white radish is mixed and steamed into large slabs or cakes. These are cut up into little pieces and fried with preserved turnip, soy sauce, fish sauce, eggs, garlic and spring onions. A Peranakan dish, chicken curry kapitan has a tangy flavor made from tamarind juice, candlenuts, fresh turmeric root and belacan (shrimp paste.)

Persons: doesn’t, you’ll, Mee goreng mamak, mamak, it’s, Yun Huang Yong, Nasi kerabu Don't, nasi kerabu, Ayam, ayam percik, Nasi lemak Nasi lemak, Dan Tham, CNN Nasi lemak, Nasi lemak, john, Rahman Roslan, John, rendang, TENGKU BAHAR, Nasi kandar Nasi, Laksa, Popia, basah, popia basah, Roti jala Curry, Cendawan, cendawan, sass, Sambal, Baba, they’re, Murtabak, Muhammad, Asam, Hussin, it’d, Tepung, tepung pelita, Rojak, shouldn’t, Malaysia’s, piring, Putu piring, hodge, “, Roti, flatbread that’s, mee goreng, Lor, lor bak, bak, Ikan bakar, Melanie Wood, Char kuey teow, Norman Musa, —, Chai, Goreng, kapitan, Kaya, Wonton mee Wonton mee, China's, Chai Kee, mee, Chef Norman Musa, Nazlina Hussin Organizations: CNN, Creative, AFP, Getty, Flickr, hawker, Ais Locations: Malaysian, Malay, Malaysia, malaysia, Kelantan, Asia, Kuala Lumpur, TENGKU, AFP, Bangkok, Shanghai, Vietnam, Fujian, China, Penang, Melaka, Thailand, Singapore, Indonesia, pandan, satay, India, Kelana Jaya, sweeten, lor, melaka, Southeast Asia

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