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Search resuls for: "Laura Cha"


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☆ After FTX collapse, pressure builds for tougher crypto rules
  + stars: | 2022-12-02 | by ( ) www.reuters.com   time to read: +4 min
The collapse of Sam Bankman-Fried's FTX was the biggest in string of big crypto-related failures this year. Some crypto investors share these concerns. "Regulators could have posted a lot more guidance for crypto," said Brian Fakhoury at crypto venture capital fund Mechanism Capital. India's Finance Minister Nirmala Sitharaman said the collapse of FTX underscored the need for greater visibility on often-anonymous crypto transactions. The FTX collapse "shows the importance of a well-framed regulation," Sitharaman said, "so that countries can be clearly aware of by whom, for what for these transactions are happening.
☆ Hong Kong sees IPO slowdown reversing; eyes international issuers
  + stars: | 2022-11-30 | by ( Sumeet Chatterjee | ) www.reuters.com   time to read: +3 min
China's economic slowdown, a sweeping regulatory crackdown that has tightened scrutiny over companies' fundraising outside mainland China and geopolitical tensions have all resulted in a bleak year for new listings in Hong Kong. "In other words, we will make ourselves much more diversified (with) many more international companies and that will be our strategy." International investors account for about 42% of investments in Hong Kong's equity market, and that share is "a lot higher" in the derivatives market, Cha said. Years of strict COVID restrictions have also badly hit Hong Kong's economy, but the city has lifted most of its curbs in the last couple of months. "So for us, there was, like the rest of Hong Kong, a higher attrition rate about 12 months ago, and that has come down now."
☆ Twitter employees are flocking to social media to share news that they have been laid off, posting tributes to staff, pictures of colleagues, and some critiques of Elon Musk
  + stars: | 2022-11-04 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
Dozens of employees posted on Twitter that they've been laid off, including people in managerial and leadership roles. Twitter sent an email to its staff on Thursday, confirming that some staff would be laid off "in an effort to place Twitter on a healthy path." Affected staff would receive an email on their personal email by 9 a.m. West Coast time on Friday, Twitter said. Dozens of employees posted on Twitter that they had been laid off, in many cases using the hashtags #OneTeam and #LoveWhereYouWorked, as well as blue heart and salute emojis. Below is a selection of tweets sent by employees laid off by Twitter:Some posted pictures of themselves with their teams, in the office, or with Twitter merchandise.
☆ Hong Kong has always played the role of connecting the East and West, says stock exchange
  + stars: | 2022-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong has always played the role of connecting the East and West, says stock exchangeLaura Cha, Hong Kong Exchange chair, speaks to CNBC's Dan Murphy at the Future Investment Initiative in Riyadh about Hong Kong's status as an "international financial center."
☆ These journalists gave Democrats money, federal records say. But the records are wrong.
  + stars: | 2020-10-30 | by ( Dave Levinthal | ) www.businessinsider.com   time to read: +11 min
Notable journalists from The New York Times, Washington Post, and The Atlantic were surprised to learn from Insider that federal records showed they had made political contributions. Federal records indicate they made political donations. Elizabeth Warren and Bernie Sanders to refund his political contributions. Goldberg is one of several prominent journalists who say federal records incorrectly show they've contributed money to politicians. "This must be a case of mistaken identity," said Chang, whose newsroom generally prohibits staff members from making political contributions.
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