Chinese streaming giant iQiyi has made 2019 blockbuster animated film Ne Zha available in nine South East Asian markets. VIP subscribers in Singapore, Malaysia, Indonesia, the Philippines, Vietnam, Laos, Myanmar, Brunei and Cambodia from Sunday were given exclusive access to the $726M worldwide grosser which is China’s biggest toon ever and the No. 2 local title of all time. … [Read more...] about China’s iQiyi Streams Blockbuster ‘Ne Zha’ Across South East Asia
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Disclaimer: The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Time to show-off your poker skills and win Rs.25 lakhs with no investment. Register Now! … [Read more...] about USD/rupee may go up further towards 78; here’s how you can trade this week
No. The system automatically rejects the bids if the price is less than floor price. Floor price is the minimum price at which bids can be made for offer. Is the issue price for the placement portion and offer to the public the same?Yes, the issue price for the placement portion and offer to the public shall be the same. Is there any preference while doing IPO allotment?There cannot be any preference in the allotment process. Everyone except anchor investors and retail individual investors are allotted shares on a proportionate basis.Allotment to retail individual investors shall not be less than the minimum bid.The bids received are segregated under qualified institutional buyers, non-institutional buyers and retail individual investors after the closure of the issue. It is compulsory of the issuer to allot and or refund application money within 15 days from the date of closure of the issue.The issuer has to pay interest at the rate of 15 per cent per annum if the refund orders … [Read more...] about Is it possible to enter an IPO bid below floor price?
DUBAI: Saudi Arabia is taking unprecedented action in delaying the release of its international crude selling prices by five days, a senior Saudi source familiar with the matter said on Sunday, as the kingdom and other major producers seek to halt the free-fall in worldwide crude prices.But oil prices fell anew at the open of Asian trading as the weekend did not bring major producers Saudi Arabia, Russia and the United States any closer to resolving a growing supply glut that is overwhelming markets. A month-long price war between Saudi Arabia and Russia, against the backdrop of the coronavirus pandemic, has cut the price of crude to $34 a barrel from $65. Members of OPEC, led by Saudi Arabia, have stepped up efforts to resolve the dispute in recent days, but they have called on other big producers - including the United States - to be involved.The Organization of the Petroleum Exporting Countries is expected to meet Thursday - delayed from Monday - to discuss cutting production to … [Read more...] about Saudi Arabia delays setting May prices, looks to Opec meeting to settle price war
Energy and healthcare sectors aided Australian shares to settle 4 per cent firmer on Monday, as coronavirus infections in key countries appeared to slow down, lifting investor appetite for risky bets. The S&P/ASX 200 index was up 4.3 per cent at 5,286.80 at the close of trade, after the benchmark closed 1.7 per cent down on Friday. Market sentiment improved after U.S. President Donald Trump expressed hope the country was seeing a "levelling off" of the coronavirus crisis. This led U.S. stock futures to rise during Asian trading. "The improved sentiment in global markets is on signs that the rate of growth in new COVID-19 cases in several key places is slowing down. Most pertinently, I think the fall in new cases in New York, Spain and Italy," said Kyle Rodda, a market analyst at IG Markets. "But yes, the fact this is the case in Australia too is responsible for the lift today." Australian health officials said on Sunday they were cautiously optimistic about the slowing spread … [Read more...] about Australia shares end 4% firmer as investors upbeat on easing virus cases