February 20, 2022 - Singapore News Tribe

Cathie Wood’s Ark Continues Its Buying Spree

February 20, 2022

Published by The Street By Dan Weil ARK ETFs bought shares of Roku, Zoom, Sea and Roblox Friday, but Ark also sold shares of Palantir. Star investor Cathie Wood, CEO of Ark Investment Management, keeps on catching the falling knives. She has insisted in recent weeks that the fall of young technology stocks has simply created buying opportunities. And Ark has been buying aplenty. On Friday, its exchange-traded funds picked up shares of streaming platform Roku (ROKU) – Get Roku, Inc. Class A Report, video meetings platform Zoom Video Communications (ZM) – Get Zoom Video Communications, Inc. Class A Report,

Unraveled

February 20, 2022

Published by Philippine Star When the unraveling of our country’s financial position in 1983 turned desperate, then prime minister Cesar Virata gathered the courage to talk to Marcos. He knew he simply had to tell him what was burning up inside him for so long. Here is how Virata’s biography, as written by Gerardo Sicat, related it: “He told Marcos that the only way to prevent any default was for the President to seek the assistance of ‘his friends’ who had dollar resources that could bail the country out of its crisis. It was a short term measure that could

In Code We (Lose) Trust: How Hacks Became the Achilles’ Heel of Crypto

February 20, 2022

Published by The Street By Luc Olinga Hacks of crypto firms have exploded since January, which raises questions about the security of blockchain and web3 technologies. When the notorious cryptocurrency exchange Crypto.com, of which NBA superstar Lebron James has become the face, discovered on Jan. 17 that it had been hacked, the alert did not come from its monitoring tools. The firm, an inside source told TheStreet, was made aware of the intrusion into its system by actor, investor and crypto enthusiast Ben Baller. In a since-deleted tweet, Baller said his account had been compromised and that he had lost

Bach to skip Paralympics, hopes Peng visits IOC in coming months

February 20, 2022

Published by DPA International Olympic Committee president Thomas Bach will not visit the Winter Paralympics in Beijing in March, the IOC announced on Sunday as the Winter Olympics closed. Like the Olympics, the Paralympics will be held in a closed bubble for all participants because of the coronavirus pandemic. His non-attendance has been agreed with Paralympics chief Andrew Parsons, with Bach wishing Paralympic participants and organizers “all the best,” the IOC said. It will be represented at the March 4-13 event by vice president Ser Miang Ng from Singapore. The IOC chief’s flying visit to the opening of t…

UNICEF Announces Aid for Afghan Teachers

February 20, 2022

UNICEF announced Sunday an emergency cash support effort for all public education teachers in Afghanistan for January and February, saying the move will allow continued access to education for all school-age girls and boys.The European Union-funded pay…

Leak Gives Details on Over 30,000 Credit Suisse Bank Clients

February 20, 2022

A German newspaper and other media on Sunday said a leak of data from Credit Suisse, Switzerland’s second-biggest bank, reveals details of the accounts of more than 30,000 clients — some of them unsavory — and points to possible failures of due diligen…

Day: February 20, 2022

Cathie Wood’s Ark Continues Its Buying Spree

Unraveled

In Code We (Lose) Trust: How Hacks Became the Achilles’ Heel of Crypto

Bach to skip Paralympics, hopes Peng visits IOC in coming months

UNICEF Announces Aid for Afghan Teachers

Leak Gives Details on Over 30,000 Credit Suisse Bank Clients

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