Crypto Markets Feel The Pain Of War
By Jonas Luethy, Sales Trader at the UK based digital asset broker GlobalBlock
US Futures Edge Higher Alongside Global Markets, Oil; Gold Lays Flat — Is Investor Fear Over Russia-Ukraine Conflict Subsiding?
As the Russia-Ukraine crisis persists, Western powers announced sanctions on Tuesday. The geopolitical scenario seems to have been taken by the global markets in their stride.
Hong Kong Set to Overtake Singapore in SPAC Market, With Help From Mainland Sponsors
Key Takeaways:
Hong Kong has received six SPAC listing applications in the last month, even as regional rival Singapore’s similar program starts to turn quiet
Most of Hong Kong’s SPAC applicants are backed by mainland Chinese companies, highlighting a major advantage the city enjoys over Singapore
By Jony Ho
Russia-Ukraine Crisis Roils Global Markets, Trump’s Truth Social Is Here, Crypto-Market-Nuking Bug And More: 5 Key Headlines You May Have Missed From This Weekend
Heading into a new trading week after the Presidents’ Day holiday, here is a quick roundup of the top five stories from the corporate, economic and cryptocurrency sectors that investors would not want to miss out on from the weekend.
Putin’s Aggressive Moves Against Ukraine Lead To Bloodbath In Global Markets — Asia, Crypto, US Futures Suffer — Gold, Oil See Major Spikes
The move by Russian President Vladimir Putin to recognize two breakaway regions of Ukraine and subsequent movement of armed personnel and weapons in those areas threw the world’s markets into a state of a tizzy.
Shanghai Pulse Medical Files for HK Listing Despite Weak Vital Stats
Key takeaways:
Shanghai Pulse Medical has filed to list in Hong Kong, despite posting a major jump in its net loss in the first nine months of last year
The company sees big potential in the market for cardiovascular surgery-related products as Chinese society continues to age
By Ken Lo
ETAO Takes on Digital Health Big Shots With U.S. SPAC Listing Plan
Key takeaways:
• ETAO’s SPAC merger with Mountain Crest Acquisition Corp. III is expected to close by this summer, providing it with up to $304 million in gross proceeds
Revisiting Bullish Cybersecurity Picks As Russia Bares Its Claws
In July 2020, I wrote a piece on cybersecurity stocks after yet another cybersecurity attack by China and Russia. In that article, I picked some of the stocks in that space poised for liftoff.