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Archive for the ‘finance’ category: Page 71

Jul 25, 2020

Why Xi Jinping’s trillion-yuan baby outgrew Asia’s growth markets

Posted by in category: finance

In the first of a four-part series, we look at the changes that have propelled China’s stock market into the world’s top performer this year.

The Star Market, conceived and created within eight months, has expanded into Asia’s largest growth market after a year in operation, with 133 listed stocks valued at US$400 billion.


Dozens of China’s biggest start-ups were driven to New York over the past two decades to seek funding. Now, as US-China tensions rise, more and more of them are choosing to stay close to home.

Continue reading “Why Xi Jinping’s trillion-yuan baby outgrew Asia’s growth markets” »

Jul 25, 2020

‘Major’ breakthrough in Covid-19 drug makes UK professors millionaires

Posted by in categories: finance, innovation

Three professors at the University of Southampton school of medicine have this week made a “major breakthrough” in the treatment of coronavirus patients and become paper millionaires at the same time.

Almost two decades ago professors Ratko Djukanovic, Stephen Holgate and Donna Davies discovered that people with asthma and chronic lung disease lacked a protein called interferon beta, which helps fight off the common cold. They worked out that patients’ defences against viral infection could be boosted if the missing protein were replaced.

The academics created a company, Synairgen, to turn their discoveries into treatments. It floated on the stock market in 2004, but a deal with AstraZeneca to treat viral infections in asthmatics fell through, and the shares collapsed.

Jul 24, 2020

Active divination using learning nets and M.V.T

Posted by in categories: entertainment, finance, robotics/AI

Here is my research dissertation M.Sc. in Neural Computation, CCCN Uni Stirling. A variety of net architectures were trialed for specific use in Enochian Chess software, and the commercial version is now in its 3rd edition over 26 years on. The first section consists of a literature review of artificial neural nets and their application to a variety of classic boardgames. Although quite old now, there haven’t been any or many other papers on nets and divination games. This paper has proved very prescient! Today neural nets are commonly used by game developers. The race amongst super computer developers to ‘predict’ stock markets, or weather systems, or winners of horse races, is fierce. MVT unconstrained hardware may offer some synergies when used in conjunction with nets or trad AI.

My interest in active divination (rather than passive divination) goes back a bit now. Enochian Chess software is one example, but Tsakli can also be used in divination. Passive forms of fortune-telling rely on pure chance without any skill or judgement asked of the questioner. Astrology is a good example. You cannot change or ameliorate your date and time of birth or effect the course of the stars. It is essentially fatalistic. What is the point trying to discern information about which you can do absolutely nothing? Brainstorming and the jumping up and down excitement generated by unexpected game episodes, plus the many ideas generated by the move by move conversation and thrown up by wide consideration of the particular divination question, can be of real psychomorphological value in helping plan your future life moves.

Jul 23, 2020

LIVE: Progress cargo space craft launches to International Space Station to deliver supplies

Posted by in categories: finance, space

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Jul 17, 2020

Rsearchers suggest modification of quantum encryption system with compact detector

Posted by in categories: encryption, finance, military, quantum physics

A new system can significantly lower the production costs costs of mass quantum key distribution (QKD) networks, which will make them available to a wider user audience. This will make it possible to use QDK in the regular fiber-optic cable infrastructure. The paper was published in Scientific Reports.

Many have heard about quantum key distribution (QKD), which is also sometimes referred to as quantum encryption. Today, this is one of the safest ways to encode information that can then be used by major banks, military and governmental organizations. In a QDK system, the information is transmitted by quantum radiation, which is extremely hard for eavesdroppers to intercept.

“As a rule, QKD uses a weak laser light with an average number of photons less than unity,” explains Eduard Samsonov, a research associate at ITMO’s Faculty of Photonics and Optical Information. “This light has fundamental special features, the so-called quantum effects that leave no chance for a third party to infiltrate the channel to read the information without being noticed.”

Jul 16, 2020

New BlackRock Android malware can steal passwords and card data from 337 apps

Posted by in categories: cybercrime/malcode, finance, robotics/AI

Android apps targeted by this new trojan include banking, dating, social media, and instant messaging apps.

Jul 16, 2020

I bring a bundle of qualities, Okonjo-Iweala pitches at WTO

Posted by in category: finance

Nigeria’s former Finance and Foreign Affairs Minister, Ngozi Okonjo-Iweala, on Wednesday, shared her vision with the World Trade Organisation members for the post of director-general.

Following the nomination stage which closed on July 8, the eight candidates vying for the position started presenting themselves to the 164 States that comprise the WTO on Wednesday.

Other candidates aside Okonjo-Iweala are Abdel-Hamid Mamdouh (Egypt), Amina Mohamed (Kenya), Jesús Kuri (Mexico), Tudor Ulianovschi (Moldova), Yoo Myung-hee (Korea), Mohammad Al-Tuwaijri (Saudi Arabia), and Liam Fox (UK).

Jul 13, 2020

Regeneron Stock Hits Another Record High On Coronavirus Treatment Potential

Posted by in categories: biotech/medical, business, finance

Regeneron rose as much as 2.4% in the stock market today, touching a record high of 655.93. Shares seesawed in a small range Thursday before ending the day up a small fraction, at 640.63. The peak price topped Regeneron stock’s previous high of 653.53, touched on Tuesday. Regeneron is part of the IBD Biomed/Biotech group, which ranks No. 14 out of 197 industry groups tracked. The group is just off its all-time high, which it hit on June 23.


Regeneron Pharmaceuticals (REGN) jumped to an all-time high Thursday, its second of the week, as analysts remain bullish on Regeneron stock due to its coronavirus treatment and other businesses.

Jul 12, 2020

The Booming Space Economy

Posted by in categories: economics, finance, life extension

The current market is expected to balloon to $1.0-$1.5 trillion in the next 20 years. Not even the anti-aging industry is worth that much!


The next decade is going to be an important one, with declining costs & advanced technology propelling the space economy to new highs. We have never been closer to the final frontier.

Continue reading “The Booming Space Economy” »

Jul 10, 2020

The tech industry comes to grips with Hong Kong’s national security law

Posted by in categories: finance, law, security

Image Credits: Getty Images.

Scott Salandy-Defour used to make frequent stops at a battery manufacturer in southern China for his energy startup based in Hong Kong. The appeal of Hong Kong, he said, is its adjacency to the plentiful electronics suppliers in the Pearl River Delta, as well as the city’s amenities for foreign entrepreneurs, be it its well-established financial and legal system or a culture blending the East and West.

“It’s got the best of both worlds,” Salandy-Defour told TechCrunch. “But it’s not going to be the same.”

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