Markets
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Peijia Medical Partners with inQB8 for US Incubator and Transcatheter Tricuspid Replacement (TTVR) Product
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
No CommentsSUZHOU, China, June 9, 2021 /PRNewswire/ — Peijia Medical (HKEX:9996, or “Peijia”), a leading player in China for medical technology, announced a partnership with inQB8, a Boston based medical technology incubator, to explore innovative solutions for Structural Heart Disease. This partnership includes Peijia’s acquisition of a transcatheter tricuspid replacement technology (“TTVR”, or “inQB8 TTVR”) from inQB8, which is currently in animal experimental stages and for which the inQB8 team will continue with device development in partnership with Peijia Medical.The partnership combines Peijia’s leadership and technical expertise in structural heart disease and inQB8 team’s strong track record of medical innovation. The arrangement constitutes a 50-50 ownership of the incubator between Peijia and the inQB8 team. In the joint development of novel products and solutions in the structural heart field, Peijia will have exclusive privileges and rights to these technologies globally. InQB8 Medical Technologies is a medical device incubator and the second collaboration between Dr. Arshad Quadri, MD and J. Brent Ratz, MBA, a partnership that began 15 years ago with the co-founding of CardiAQ Valve Technologies, the world’s first trans-septal Transcatheter Mitral Valve Replacement (TMVR) system. InQB8 focuses on developing new solutions for major cardiovascular diseases including Structural Heart issues, Type A Aortic Dissection and Heart Failure
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Soft Start Predicted For Indonesia Stock Market
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the six-day winning streak in which it had surged more than 330 points or 6.5 percent. The Jakarta Composite Index now sits just beneath the 6,050-point plateau although it’s likely to tick lower again on Thursday. The global forecast for the Asian markets is slightly soft ahead of key U.S. inflation data later today. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference. The JCI finished modestly higher on Wednesday following gains from the financial shares and resource stocks. For the day, the index climbed 48.11 points or 0.80 percent to finish at the daily high of 6,047.48 after moving as low as 5,972.45. Among the actives, Bank Danamon Indonesia advanced 0.87 percent, while Bank CIMB Niaga collected 0.53 percent, Bank Negara Indonesia climbed 1.81 percent, Bank Central Asia gathered 1.56 percent, Bank Mandiri rallied 2.50 percent, Bank Rakyat Indonesia added 0.48 percent, Indosat surged 6.67 percent, Indocement tumbled 1.89 percent, Semen Indonesia spiked 2.21 percent, Indofood Suskes retreated 1.57 percent, United Tractors fell 0.21 percent,
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Renewed Consolidation Expected For China Shares
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The China stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now sits just above the 3,590-point plateau although it’s likely to head south again on Thursday. The global forecast for the Asian markets is slightly soft ahead of key U.S. inflation data later today. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference. The SCI finished modestly higher on Wednesday following gains from the resource stocks, weakness from the financials and a mixed picture from the properties. For the day, the index added 11.29 points or 0.32 percent to finish at 3,591.40 after trading between 3,572.64 and 3,598.71. The Shenzhen Composite Index rose 3.42 points or 0.14 percent to end at 2,396.54. Among the actives, Industrial and Commercial Bank of China fell 0.19 percent, while China Construction Bank lost 0.29 percent, China Merchants Bank and Bank of Communications both shed 0.41 percent, Minsheng Bank was down 0.43 percent, Jiangxi Copper climbed 1.33 percent, Aluminum Corp of China (Chalco) spiked 2.37 percent, Yanzhou Coal surged
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Losing Streak May Continue For Singapore Bourse
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The Singapore stock market has finished lower in back-to-back trading days, sinking more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,155-point plateau and it’s tipped to open in the red again on Thursday. The global forecast for the Asian markets is slightly soft ahead of key U.S. inflation data later today. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference. The STI finished modestly lower on Wednesday following losses from the financial shares and industrials, while the property stocks were mixed. For the day, the index lost 13.67 points or 0.43 percent to finish at the daily low of 3,153.47 after trading as high as 3,169.08. Volume was 1.95 billion shares worth 1.29 billion Singapore dollars. There were 247 decliners and 238 gainers. Among the actives, Ascendas REIT climbed 1.37 percent, while CapitaLand Integrated Commercial Trust jumped 1.90 percent, City Developments shed 0.52 percent, Dairy Farm International lost 0.46 percent, DBS Group retreated 1.03 percent, Genting Singapore added 0.57 percent, Keppel Corp plunged 1.51 percent, Mapletree Commercial Trust spiked 1.91 percent, Oversea-Chinese Banking Corporation dropped 0.72
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South Korea Stock Market Has A Red Light For Thursday's Trade
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – The South Korea stock market has finished lower in two straight sessions, sinking more than 35 points or 1.1 percent along the way. The KOSPI sits just above the 3,215-point plateau and it may extend its losses again on Thursday. The global forecast for the Asian markets is slightly soft ahead of key U.S. inflation data later today. The European markets were mixed and the U.S. bourses were down and the Asian markets figure to split the difference. The KOSPI finished modestly lower on Wednesday following losses from the financials, technology stocks and industrials, although the oil companies offered support. For the day, the index dropped 31.65 points or 0.97 percent to finish at the daily low of 3,216.18 after peaking at 3,246.49. Volume was 1.9 billion shares worth 16.9 trillion won. There were 571 decliners and 287 gainers. Among the actives, Shinhan Financial declined 1.40 percent, while KB Financial surrendered 1.73 percent, Hana Financial tumbled 1.81 percent, Samsung Electronics dropped 0.98 percent, LG Electronics lost 1.31 percent, SK Hynix plunged 3.92 percent, Naver skidded 1.00 percent, LG Chem sank 0.74 percent, Lotte Chemical shed 0.73 percent, S-Oil spiked 2.48 percent, SK Innovation jumped 1.67 percent, POSCO tanked
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First Solar To Build Solar Panel Factory In Ohio, To Invest $680 Mln
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
(RTTNews) – Solar panel maker First Solar, Inc. (FSLR) on Wednesday announced its plans to invest $680 million to construct its third US manufacturing facility, in Lake Township, Ohio. The new solar plant is expected to begin operations from the first half of 2023, after necessary approvals and permits are received from various state, regional and local incentives. The factory is expected to initially produce enough solar panels to produce 3 GW of power annually. The three factories will increase First Solar’s US manufacturing footprint to 6 GW. The 1.8 million square foot facility is projected to directly create approximately 500 jobs.
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GameStop just named an Amazon alum as its new CEO, the latest in a string of executive appointments hailing from the e-commerce giant
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
Customers line up for the launch of “Grand Theft Auto 5” in 2013 at a GameStop. Reuters
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Outgoing Facebook ad sales chief is seen as headed for a CEO role
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
Facebook Carolyn Everson. (Photo by Paul Morigi/Getty Images for Fortune)
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A top advertising DEI expert shares the specific steps she takes to get agencies to improve their culture, starting with interviewing and onboarding
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
DEI expert Lauren Tucker, founder of consultancy Do What Matters. Lauren Tucker
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French President Macron Confronts Antisemitism in Address to AJC Global Forum
- June 10, 2021
- Posted by: Stratford Team
- Category: Markets
PARIS, June 9, 2021 /PRNewswire/ — French President Emmanuel Macron, in an historic address to the American Jewish Committee (AJC) Virtual Global Forum, reaffirmed his commitments to combat antisemitism, strengthen France’s relations with Israel and the United States, and ensure that Iran’s ballistic missile and regional activities are addressed in any agreement. It was Macron’s first address to an American Jewish organization since his election as president four years ago.”Antisemitism is, as it always has been, an unacceptable, unjustifiable menace, in the face of which we must relentlessly mobilize all our energies,” said Macron. “I want to remind you of my unwavering commitment, and that of the French government, to protect all of the population and fight against all forms of violence and discrimination.”Combating antisemitism “begins with the ability to name this evil that eats away at our society,” said Macron, noting that France adopted the International Holocaust Remembrance Alliance (IHRA) working definition of antisemitism in December 2019.But he emphasized that a definition “is not enough,” and outlined several actions his administration has taken to implement a national plan to combat antisemitism.”Education is at the heart of the fight against antisemitism,” Macron said. “Holocaust education, as well as education about the

