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Speculative traders add billions to ‘meme’ stocks at new records

Bloomberg In a quiet week by 2021 standards, the speculative excesses that have defined this bull market hit new records with little fanfare. Wild trades from penny stocks and “meme” cryptocurrencies companies surged to all-time highs. US equity indexes rises anew. And skeptics on the everything rally found more reasons to fret over market froth. Stocks have added more than ...

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Banks, property stocks could be losers from Singapore’s budget

Bloomberg Equity investors expecting a big boost for Singapore’s benchmark index from its upcoming annual budget could be disappointed: heavyweight blue chips are unlikely to benefit from government largesse. Aimed at reversing the nation’s worst economic contraction since it became independent in 1965, Tuesday’s budget is set to focus on the pandemic-hit travel sector or firms with mandates in line ...

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KU’s DhabiSat all set for launch from aboard Cygnus on Feb 20

ABU DHABI / WAM Khalifa University of Science and Technology on Saturday announced DhabiSat, the second CubeSat, designed and developed by Khalifa University students with support from Al Yah Satellite Company (Yahsat) and Northrop Grumman, is getting ready for launch on February 20 from aboard the Cygnus spacecraft. The primary mission of the second CubeSat, previously known as MYSat-2, is ...

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