Total of EGP 2.5bn paid in insurance from April to June 2022: FRA

The Financial Regulatory Authority (FRA) revealed that a total of EGP 2.5bn was paid in property and liability insurance from April to June 2022, compared to EGP 2.3bn during the same period in the previous year, with a growth rate of 11%. Mohamed Farid, Chairperson of the FRA, issued periodic report No. 6 of 2022, …

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Angelalign Announced Interim 2022 Results: Continue Market Leadership with Dedication to Digital Orthodontics

Shanghai, China–(Newsfile Corp. – September 9, 2022) – Angelalign Technology Inc. (HKE: 6699), a leading provider of digital clear aligner orthodontic products and services, released its 2022 interim results (for the hereafter, “Financial Report”). As of June 30, 2022, Angelalign Technology Inc. achieved total revenue of RMB 570.9 million, of which revenue from its core …

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China’s unemployment insurance payouts hit record high in June

China’s unemployment insurance payouts hit a record high in June, adding to signs of a struggling labour market as the economy has been badly hit by COVID-19 outbreaks and a property crisis. Payments by China’s unemployment insurance fund jumped 256.6% in June from a year earlier to 37.19 billion yuan ($5.42 billion), according to Reuters’ …

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China’s unemployment insurance payouts hit record high in June By Reuters

© Reuters. People wearing face masks wait outside a recruitment agency, following the novel coronavirus disease (COVID-19) outbreak, in a suburb of Beijing, China May 13, 2020. Picture taken May 13, 2020. REUTERS/Tingshu Wang/File Photo BEIJING (Reuters) – China’s unemployment insurance payouts hit a record high in June, adding to signs of a struggling labour …

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Second Round of Layoffs at Crypto.com Worse Than June Cuts: Sources

In June, Singapore-based crypto exchange Crypto.com laid off 260 employees, or 5% of its workforce, citing the crypto bear market. The remaining employees were reportedly told at the time that those cuts were the end of the bloodshed. “They lied”, now says a source inside Crypto.com Decipher. In a quarterly “all hands” call last Friday, …

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Bitcoin tops $25,000 for the first time since June amid crypto rally

Bitcoin briefly broke above $25,000 for the first time since mid-June as momentum continued from cooler-than-expected US inflation data and progress towards Ethereum’s big upgrade. The largest cryptocurrency rose as much as 2.2 percent on Sunday to $25,031, its highest level since June 13. It was trading around $24,750 at 6am New York time, rising …

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