【New Southeast Asia Financial 】Funders Are Eyeing on Southeast Asia
By Neil Foo
Kuala Lumpur -- Since 2010, Venture Capital (VC) has invested in Southeast Asia, with an investment of USD 8 billion (RM32 billion)...
SEC Provides Temporary, Conditional Relief to Allow Small Businesses to Pursue Expedited Crowdfunding Offerings
Washington, DC--The Securities and Exchange Commission today announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may...
US GDP Decreased 4.8% in the First Quarter of 2020
Washington, DC--Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020, according to the "advance" estimate...
U.S. Unemployment Claims Surge by 5.25 Million
Washington, DC--According to the Department of Labor, in the week ending April 11, the advance figure for seasonally adjusted initial claims was 5,245,000, a...
Orange County Consumer Sentiment Plunges 19 Percent
Fullerton -- The Chapman-CMC Orange County Consumer Sentiment Index fell from a value of 96.3 to a value of 77.7 during the first quarter...
Cathay Bank Launches Smart Relief Loan Program
Focused Initially on Los Angeles County Small Businesses Affected by the Pandemic
LOS ANGELES- Cathay Bank today announced that it has launched a Smart Relief Loan...
The Worldwide Impact of the Coronavirus Pandemic
By Fangfei Dong & Brian Peck
Coronavirus
As the coronavirus pandemic scourges through countries around the world, governments are imposing lockdowns on their citizens and shutting...
Global Stocks and Oil Prices Drop as Investors Brace for Another Week of Uncertainty
By Justin Pei
Los Angeles -- Global stock markets dropped again on Monday as the coronavirus pandemic continues to worsen and following U.S. president Donald Trump’s...
Dow Jones Slides 900 Points But Still Finishes Higher For The Week
Los Angeles -- U.S. equity markets fell on Friday during the final hours of trading after a massive three-day rally during which the Dow Jones exited...
U.S. Stock Market surges despite historic jobless claims
By Justin Pei
Los Angeles - Stocks surged on Thursday after the much awaited coronavirus relief package cleared the U.S. Senate, signaling that optimism around the...
