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SPi Global rebrands as Straive; launches a new, bolder and younger brand identity

SPi Global rebrands as Straive; launches a new, bolder and younger brand identity SINGAPORE, April 15, 2021 /PRNewswire/ SPi Global, the market leading content technology enterprise, today announced the launch of its new avatar as Straive (pronounced strive ). Following many developments in recent years including major acquisitions, new revenue streams and further consolidation of key business divisions, the new brand restates the value proposition of the company. Over the years, the company has established itself as a leading e-learning solutions partner for online K-12 and higher-ed providers, as a specialized solutions provider for top business information and financial platforms, and as the leading content services provider to research and education publishers. With the acquisition of LearningMate in 2020, Straive today has a robust end-to-end portfolio encompassing content generation, technology platforms and delivery for the Ed-Tech space. Straive also recognizes the unt

GLOBAL MARKETS-Asian shares defensive, dollar struggles near 1-mth lows

Asian shares were on the backfoot on Thursday following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares while the dollar index struggled near one-month lows.

METALS-London copper declines on rising inventories

By Reuters Staff 2 Min Read HANOI, April 15 (Reuters) - London copper prices fell on Thursday as an extended rise in inventories in the London Metal Exchange pressured prices. Three-month copper on the LME fell 0.1% to $9,064 a tonne by 0217 GMT, while the most-traded May copper contract on the Shanghai Futures Exchange rose 1.5% to 67,170 yuan ($10,279.13) a tonne, tracking overnight gains in London. Copper stockpiles in LME-approved warehouses MCUSTX-TOTAL hit their highest since Nov. 5 at 172,025 tonnes. However, the gains were capped by a weak dollar that held near a three-week low on dovish U.S. Federal Reserve comments and retreating U.S. bond yields, making greenback-priced metals cheaper to holders of other currencies.

Global semiconductor equipment sales hit record RM294bil in 2020

In a statement, SEMI said for the first time, China claimed the largest market for new semiconductor equipment with sales growth of 39% to US$18.72bil. PETALING JAYA: Worldwide sales of semiconductor manufacturing equipment surged 19% to a new record of US$71.2bil (RM294bil) in 2020 from US$59.8bil in 2019, according to US-based Semiconductor Equipment Manufacturers Industry (SEMI). In a statement, SEMI said for the first time, China claimed the largest market for new semiconductor equipment with sales growth of 39% to US$18.72bil. “Sales in Taiwan, the second-largest equipment market, remained flat in 2020 with sales of US$17.15bil after showing strong growth in 2019, ” it said.

Dollar hits four-week low as Fed s dovish message gains sway; rouble sinks

4 Min Read TOKYO (Reuters) - The U.S. dollar sank to a new four-week low versus major peers on Thursday as Treasury yields pulled back from last month’s surge, with investors increasingly convinced by the Federal Reserve’s arguments that interest rates will stay low for some time. FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration The Russian rouble sank more than 1% to 76.65 per dollar on reports the U.S. will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity. The dollar index, which tracks the greenback against six rival currencies, dipped to the lowest since March 18 at 91.559 in the Asian session before recovering to be basically flat at 91.666.

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