Monthly Archives: January 2023

Adani Hits Back Against Activist Short Sellers Hindenburg

Written on January 30, 2023 at 2:50 am, by

Indian billionaire Gautam Adani has published a 413-page rebuttal against Hindenburg, which has recently published a report covering extensive allegations, including stock manipulation and accounting fraud, about Adani’s multi-billion-dollar conglomerate. In response, Adani has accused Hindenburg Research of conducting a “calculated securities fraud”, and an attack on India. Adani is now considering legal action againstContinue Reading

Upcoming Weekly Adjustment on Index Dividend Notice

Written on January 26, 2023 at 8:04 am, by

Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading

Tech Layoffs are in Full Swing

Written on January 23, 2023 at 10:53 am, by

Technology companies, including Google, Microsoft, and Intel, have announced layoffs in the first month of the new year, with many more expected in the coming months. Alphabet, Google’s parent company, has announced that it will lay off around 12,000 employees, while Microsoft will lay off around 10,000 workers, or around 4.5% of its workforce. CryptoContinue Reading