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african development bank vice president promotes korean investment in infrastructure projects

African Development Bank VP Solomon Quaynor recently visited South Korea, advocating for increased Korean investment in African infrastructure through public-private partnerships. He highlighted significant opportunities in 69 priority projects valued at $160 billion across various sectors and discussed collaboration with major Korean firms like Daewoo E&C and Samsung C&T. Quaynor's visit coincided with the Global Infrastructure Cooperation Conference, where he emphasized Africa's strong performance in infrastructure development.
African Development Bank Group
United States Dollar Dohwa Engineering Samsung C&T Daewoo E&C KOR Kwang-hyo Ko Solomon Quaynor Man-hee Han Show more
TradFi, Press Release
14:56 08.10.2024

sage therapeutic drug fails in alzheimer's trial amid ongoing challenges

Sage Therapeutics' experimental drug dalzanemdor (SAGE-718) has failed in a mid-stage trial for Alzheimer’s, showing no significant cognitive improvement over placebo. Following this setback, the company will not pursue further development for Alzheimer’s and faces low expectations for upcoming Huntington’s disease trials. Sage's stock has dropped significantly this year, reflecting ongoing challenges after previous drug failures and a major workforce reduction.
BioPharma Dive
Sage Therapeutics, Inc. USA Barry Greene Paul Matteis Brian Abrahams Show more
Healthcare, News Article
14:21 08.10.2024

GSK RSV vaccine shows effectiveness over three seasons but wanes over time

GSK's RSV vaccine, Arexvy, demonstrated 63% overall efficacy and 67% against severe disease over three seasons, though effectiveness declined to 48% in the third season. The CDC currently does not recommend a second dose, but GSK anticipates that revaccination may be necessary to maintain protection. The findings will be presented at the CHEST 2024 Annual Meeting.
BioPharma Dive
United States Dollar GSK plc Pfizer Inc. Moderna, Inc. GBR USA Tony Wood Peter Welford Show more
Healthcare, Market Report
14:15 08.10.2024

gaming industry embraces tokenization and play to earn revolution

The gaming industry is rapidly evolving with the integration of blockchain technology, allowing players to truly own and trade in-game assets as non-fungible tokens (NFTs). This shift towards "Play-to-Earn" models is expected to grow the gaming NFT market, currently valued at $4 billion, at a CAGR of over 60% by 2032. Developers stand to benefit from new revenue streams through transaction fees and Initial Game Offerings (IGOs), making the sector increasingly attractive to asset managers.
finews.com
T4 Capital CHE Tim Stingelin
Finance & Economy, Market Report
13:53 08.10.2024

Liechtensteinische Landesbank issues 200 million CHF bond to enhance financing structure

Liechtensteinische Landesbank (LLB) is issuing a senior preferred bond worth CHF 200 million, managed by ZKB and UBS. The bond features a 1.60% coupon, a 10-year term maturing on 30.10.2034, and a yield to maturity of 1.552%. Proceeds will be used to enhance financing structure and support growth.
MarketScreener
Swiss Franc ZKB Bigler UBS SA Liechtensteinische Landesbank Aktiengesellschaft LIE Show more
TradFi, Market Report
13:36 08.10.2024

LLB issues 200 million bond amid strong investor demand and solid ratings

LLB has issued a bond worth 200 million, attracting significant investor interest, reflecting its strong market reputation. Group CEO Gabriel Brenna highlighted the bank's security and stability, supported by a Tier 1 ratio of 19.7% and an Aa2 Moody's rating. The ten-year bond, yielding 1.552%, will be listed on the SIX from October 29, 2024.
LEADER Digital - Das Ostschweizer Wirtschaftsportal
Swiss Franc LLB Aktien Fit for Life (CHF) CHE LIE Gabriel Brenna Christoph Reich
TradFi, Press Release
13:34 08.10.2024

liechtensteinische landesbank issues 200 million chf bond amid strong investor demand

Liechtensteinische Landesbank (LLB) AG has successfully issued a CHF 200 million fixed-interest bond, reflecting strong investor demand and the bank's solid market reputation. With a Tier 1 ratio of 19.7% and a Moody's Aa2 rating, LLB aims to enhance its financing structure and support growth. The bond, maturing in ten years with a yield of 1.552%, will be listed on the SIX from October 29, 2024.
@sharewise
Swiss Franc Liechtensteinische Landesbank AG LIE Gabriel Brenna Christoph Reich
TradFi, Press Release
12:56 08.10.2024

liechtensteinische landesbank issues 200 million chf bond amid strong investor demand

Liechtensteinische Landesbank (LLB) AG has successfully issued a CHF 200 million fixed-interest bond, reflecting strong investor demand and the bank's solid market reputation. With a Tier 1 ratio of 19.7% and a Moody's Aa2 rating, LLB aims to enhance its financing structure and support growth. The bond, maturing in ten years with a yield of 1.552%, will be listed on SIX starting October 29, 2024.
boerse.de
Swiss Franc Moody's Corporation Liechtensteinische Landesbank AG SIX BBS AG LIE Gabriel Brenna Christoph Reich Show more
TradFi, Press Release
12:30 08.10.2024

Uri cantonal bank sets salary cap for executive board members

The cantonal government proposes a maximum fixed salary of CHF 395,000 for the Executive Board of Urner Kantonalbank, with an additional performance-related compensation of up to 30%. This decision responds to a motion to cap salaries at CHF 350,000, which the government deems too restrictive for attracting suitable candidates. In 2023, the three board members received total remuneration of CHF 1.675 million, including employer social security contributions.
Nau
Swiss Franc Urner Kantonalbank CHE
TradFi, News Article
12:11 08.10.2024

Liechtensteinische Landesbank issues 200 million Swiss franc bond with 1.60 percent coupon

Liechtensteinische Landesbank is issuing a senior preferred bond worth CHF 200 million, with a 10-year term maturing on October 30, 2034. The bond features a coupon rate of 1.60%, an issue price of 100.437%, and a yield to maturity of 1.552%. It will be listed on SIX starting October 29, 2024, and has a rating of Aa3 from Moody's.
finanzen.ch
Swiss Franc ZKB Bigler UBS SA Liechtensteinische Landesbank Aktiengesellschaft LIE Show more
TradFi, Market Report
11:51 08.10.2024
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