Hong Leong Group

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...

Cision PR Newswire | September 30, 2020

BluePenguin Payments, Inc., the fintech company created to automate and monetize the staggering $19 trillion North American business-to-business payments market, announced today an expansion of its partnership with Galileo Financial Technologies, the API-based payments platform that powers world-leading fintechs, financial institutions and commercial businesses. BluePenguin's technology mission is simple to build the next-generation B2B virtual payments platform. The clear choice was to part...

Payments, Fintech

PRweb | April 21, 2023

Payroc, a global payments processing company, announced its partnership with Bleu, a digital platform that enables touchless payments on Android and iOS devices without the need of additional hardware. The strategic collaboration between Payroc’s payment gateway technology and the Bleu's wireless payment network will allow Payroc to launch its first “tap to phone” solution in the United States market. “Tap to phone” emerging technology has accel...

Credit Suisse | April 03, 2020

Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...