Tien Phong Securities is about to raise its capital to VND 1,000 billion

Tien Phong Securities is about to raise its capital to VND 1,000 billion

TPS plans to offer more than 56 million shares to increase its chartered capital to VND 1,000 billion, eligible for derivatives and warrants trading. Tien Phong Securities Joint Stock Company (TPS) has just approved the plan to increase charter capital from nearly VND 440 billion to VND 1,000 billion. Accordingly, TPS will offer more than 56 million shares individually in the last two quarters of the year to individual and strategic investors, Tien Phong Bank. Mr. Tran Son Hai - Vice Chairman cum General Director of TPS said that the company raised its capital to approximately VND 440 billion twice last year and was licensed by the State Securities Commission to deal in proprietary trading and trading. Deposit back from the beginning of this year. In addition to strengthening the traditional operations, the upcoming capital raising will meet the conditions of capital and financial security for trading derivative securities and warrant warrants.

Remote working model promises boom

Remote working model promises boom

Even after Covid-19, a number of businesses were still working from afar, changing the way the organization was organized, according to a panelist at the seminar organized by Grab Ventures Ignite. Numerous technology companies in the world have extended their working distance from afar, even planning to apply this mechanism permanently. In early May, Facebook announced it would allow at least half of its employees to work remotely, with the goal of becoming a pioneer in changing the way they work. It is expected that 50% of Facebook's people can work remotely in the next 5 to 10 years.

Asia's richest person is one of the richest people in the world

Asia's richest person is one of the richest people in the world

Indian tycoon Mukesh Ambani is the only Asian representative in the top 10 billionaires of the Bloomberg Billionaires Index. With a net worth of US $ 64.5 billion, Mukesh Ambani has surpassed Larry Ellison of Oracle and Francoise Bettencourt Meyers of France to become the 9th richest person in the world. He owns 42% of the Reliance Industries empire (India). The company's stock has doubled since the March bottom, in line with the global stock market. Although India's economy is still struggling due to a blockade to control the epidemic, "Ambani companies, especially telecommunications giant Jio, are still doing well, helping his personal assets soar." , Jayati Ghosh - Director of Center for Economic Planning and Research at Jawaharlal Nehru University.

Airlines 'survive' by carrying cargo

Airlines 'survive' by carrying cargo

Late last month, Virgin Atlantic's VS251 landed at Heathrow Airport (UK) with 256 full seats but did not violate social spacing. The seats, along with the luggage compartment, are filled with medical supplies. It was one of nine flights in which Virgin used a passenger plane to transport breathing apparatus, masks, gloves and other medical supplies between Shanghai and London. Of course, the flight has no passengers. It is one of the vivid examples of how a pandemic radically changed the performance of the aviation industry. Airlines have long been carrying cargo with passengers but have never intended to use passenger planes to carry only cargo. But that changed in March 2020, when thousands of flights were canceled because of Covid-19. Meanwhile, demand and prices for goods sent by aircraft soared, facilitating the reuse of idle passenger aircraft.

Dow Jones increased by more than 500 points

Dow Jones increased by more than 500 points

US stocks went up as investors were optimistic about the reopening of the economy and expect the anti-Covid-19 vaccine. Ending the session on 26/5, the Dow Jones industrial index increased nearly 530 points (2.2%) to 24,995 points. During the session, DJIA has exceeded the threshold of 25,000 for the first time since the beginning of March 2020. S&P 500 also increased 1.2% to nearly 3,000 points, while the Nasdaq Composite slightly exceeded 0.2% compared to the reference.

Real estate crisis in the US: Home sales fell to a 9-year low, mortgage debt soared to a major recession

Real estate crisis in the US: Home sales fell to a 9-year low, mortgage debt soared to a major recession

The US real estate market is facing a crisis when unemployment soared amid the coronavirus pandemic. Home sales have dropped to a nine-year low and a record high number of homeowners are insolvent in their mortgage payments. The impact of the real estate crisis is also seen in the rental and commercial real estate markets. Plummet in home sales, housing starts The economic crisis, coronavirus epidemic, lockout and record high unemployment rates have severely affected the real estate market. Current home sales, accounting for about 90% of total US home sales, have fallen by 17.8% over the previous month, equivalent to 17.2% of the annual decline, according to the National Real Estate Association. gia. The percentage reduction was the largest since July 2010. The annual figure of 4.33 million units represented the slowest sales rate since September 2011.

The US lists dozens of Chinese companies on the 'black list'

The US lists dozens of Chinese companies on the 'black list'

33 Chinese enterprises and organizations in the US "economic" blacklist will be restricted from buying goods and technology of this country. The US Department of Commerce has said it will add 33 Chinese businesses and organizations to the economic "blacklist" for helping Beijing spy on Uyghurs or involve its weapons and military. The move marks the latest attempt by the Trump administration to crack down on Chinese businesses amid Beijing's desire to impose national security laws on Hong Kong. Being blacklisted, these businesses and organizations will be restricted from buying US goods, restricting the production of some products abroad with US technology.

The best billionaires make money in the decade

The best billionaires make money in the decade

According to Forbes, most billionaires in this group increase their wealth thanks to a business and follow the "never let go" strategy of Warren Buffett. Decade in Review: The Billionaires Whose Fortunes Soared the Most. #10: Jack Ma, China. Up $40.8 billion. #9: Sergey Brin, United States. #8: Steve Ballmer, United States. #7: Warren Buffett, United States. #6: Larry Page, United States. #5: Amancio Ortega, Spain. #4: Bill Gates, United States. #3: Mark Zuckerberg, ...

Bloomberg: Facebook owner became the third richest person in the world

Bloomberg: Facebook owner became the third richest person in the world

Despite the pandemic, Zuckerberg's fortune increased by nearly $ 20 billion a month, making him richer than Bernard Arnault and Warren Buffett on the Bloomberg rankings. On the Bloomberg billionaire rankings, Facebook CEO Mark Zuckerberg has just surpassed Louis Vuitton boss Bernard Arnault and investment legend Warren Buffett to become the third richest person in the world. Zuckerberg owns a fortune of 87.8 billion USD, while Arnault has 81.1 billion USD, Buffett has 68.9 billion USD.

Wall Street had the strongest weekly increase since April

Wall Street had the strongest weekly increase since April

The main indexes increased more than 3% this week thanks to the positive sentiment of investors when they expect the economy to fully open soon. End of session 22/5, the Dow Jones industrial index fell 0.1% to 24,465 points. In the opposite direction, the S&P 500 increased by 0.2% to 2,955 points, while the Nasdaq Composite exceeded 0.4% compared to the reference to 9,324 points. For the whole week, the Dow Jones increased by 3.3%, marking the strongest gaining week since the beginning of April. S&P 500 and Nasdaq Composite also increased by over 3% this week. The Russell 2000 Small Capitalized Enterprises index increased by 7%, far exceeding that of blue-chips.

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