ShweRooms ShweRoom
 
  Log in:
Email:
Password:
 
iMyanmar - The Best Online Advertising Ma May Thu - Property Agent iMyanmar - The Best Online Advertising
 
  
 
  
 
News
  
 

Trump claims 99% of coronavirus cases are 'totally harmless'; 'long haulers' with lingering symptoms say he's wrong
Posted 13 minutes ago

Doctors and patients with COVID-19 complications are raising concerns about long-term harm, even as President Donald Trump downplays the risks.
view

 

Australian city wakes to another lockdown as more state borders close
Posted 19 minutes ago

Five million Australians in the country's second largest city Melbourne woke up under strict stay-at-home rules on Thursday as authorities struggled to contain a coronavirus outbreak in the city. Three Australian states have imposed a hard border lockdown with the southern state of Victoria, of which Melbourne is the capital, after a surge in infections in recent days. Victoria on Wednesday reported 134 new infections, down on the previous day's record increase but well above the rate of other states.
view

 

Can This Coronavirus Stock Soar 230%? 5-Star Analyst Thinks So
Posted 23 minutes ago

Diversification is a tried-and-true strategy when investing in stocks. Drug maker Sorrento Therapeutics (SRNE) is applying the same thought process in its battle against the coronavirus. The multi-pronged approach involving a search for antiviral therapies, a vaccine and the production of testing kits, has paid off handsomely in the market, with the stock appreciating by 115% year-to-date.Last week, Sorrento revealed more positive details from its COVID-19 vaccine program’s progress. In a pre-clinical trial, the company's candidate, T-VIVA-19, was able to generate neutralizing antibodies in 80% of mice injected with the vaccine, and thus completely prevent cells from being infected with the virus.“While we note that these experiments do not constitute evidence of infection prevention under in vivo viral challenge conditions, they are nonetheless encouraging,” said H.C. Wainwright analyst Ram Selvaraju.Sorrento now plans to apply for regulatory authorization to advance the vaccine to a clinical trial. The biotech estimates that with its current infrastructure, it can manufacture up to 100 million doses per month.But that’s not all. As mentioned, Sorrento’s approach involves several different paths, and another one in particular has piqued Selvaraju’s interest.The 5-star analyst believes Sorrento is just weeks away from getting hold of an Emergency Use Authorization (EUA) for COVI-TRACK, its COVID-19 antibody testing solution. The test is expected to be distributed to clinics nationwide, and Sorrento claims it has the means to produce up to 5 million kits per month.Selvaraju argues COVI-TRACK’s commercial potential could be worth up to $50 million a year, “while the pandemic persists,” and lists several reasons why COVI-TRACK “constitutes a competitive testing solution.”The analyst said: “(1) the test generates results rapidly (i.e., within eight minutes, vs. other tests that can take up to 30 minutes or even several days) and the readout is readily interpretable; (2) specificity (avoidance of false positives) and sensitivity (avoidance of false negatives) are both above the 95% and 90% thresholds set by the FDA for EUA issuance; (3) Sorrento has documented expertise in the antibody arena; (4) the test detects both IgG and IgM antibodies; and (5) many of the existing antibody tests are woefully inaccurate, as per our prior commentary based on multiple media reports.”The extensive list keeps Selvaraju on the bulls’ side with a Buy rating. With the price target set at $24, Selvaraju forecasts hefty upside potential of 230% over the next 12 months. (To watch Selvaraju’s track record, click here)Currently only one other analyst has chimed in with a view on the SRNE's prospects, also recommending a Buy. At $24, the average price target is identical to Selvaraju’s. (See Sorrento stock analysis on TipRanks)To find good ideas for biotech stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
view

 

Oil prices idle as coronavirus spike fears offset signs of gasoline recovery
Posted 31 minutes ago

Oil prices barely moved in early trade on Thursday as positive momentum from signs of a recovery in U.S. gasoline demand was tempered by concerns about renewed lockdowns with COVID-19 infections surging in the United States. U.S. West Texas Intermediate (WTI) crude futures were unchanged at $40.90 a barrel at 0035 GMT, after rising 0.7% on Wednesday. Brent crude futures inched up 3 cents to $43.32, after gaining 0.5% on Wednesday.
view

 

Zozo, Square Enix Surge as Investors Eye Nikkei 225 Candidates
Posted 39 minutes ago

(Bloomberg) -- Potential candidates for the Nikkei 225 surged in Tokyo on Thursday as investors took bets on what companies might become the latest to join the blue-chip index.Trading house Itochu Corp.’s plans to buy out its convenience store chain FamilyMart Co. are set to open up a prized slot on the Nikkei 225. It’s the second slot to open up this year, after Sony Corp. decided to buy out fellow Nikkei 225 member Sony Financial Holdings Inc.Some of the candidates to replace FamilyMart jumped, with perennial contender for the gauge Kakaku.com Inc. jumping as much as 14%. Convenience store operator Lawson Inc. added 8.5%, while online mall Zozo Inc., a SoftBank Group Corp. affiliate, added 8.7%.Assuming the FamilyMart offer doesn’t meet regulatory or investor opposition, it is set to run until Aug. 24. Nikkei Inc. may announce the replacement during its periodic rebalancing typically announced in early September.Liquid StockFamilyMart is a member of the “Consumer Goods” sector, which includes not only retail but also fishery, foods, and services. Nikkei typically chooses the most liquid stock in the sector as the replacement, meaning that the candidate doesn’t necessarily have to be a retail chain. Any proposed changes to the Nikkei are confirmed by a committee of academics and market professionals.SMBC Nikko Securities Inc. analysts including Keiichi Ito wrote in a note that as the consumer goods sector is underrepresented in the gauge, it’s “unlikely that a non-consumer goods name would be chosen as a replacement.” In addition to Zozo and Kakaku.com, they saw casual dining chain Skylark Holdings among the leading candidates. Skylark added 4.3%.Nintendo Co., which is in the services category, has frequently been cited as a candidate to join the Nikkei 225 since moving its listing to Tokyo from Osaka. However, predictions it would be chosen in Nikkei’s periodic rebalances have consistently come to naught -- perhaps due to its high share price. Like the Dow Jones industrial average, the Nikkei 225 is price-weighted, so a given company’s share price can determine its impact.While Nintendo has both the liquidity and market representation, SMBC Nikko said “its weighting within the Nikkei 225 would become outsized” if incorporated into the gauge.Junichi Hashimoto, senior quants analyst at Daiwa Securities Co., wrote that Suntory Beverage & Food Ltd. is a possible candidate, coming from the same sector as FamilyMart. In the periodic review, Nippon Kayaku Co. could be removed from the index and replaced by Yakult Honsha Co., he wrote. He also cited Square Enix Holdings as a candidate, with shares surging 9.3% in Tokyo to a record. Suntory Beverage added 3.9%, while Nippon Kayaku fell as much as 5%.In the meantime, investors can speculate on which company will replace Sony Financial. That tender offer runs until July 13, and Tokyo bourse operator Japan Exchange Group Inc. recently approved a rule change which could speed up the announcement of its replacement on the Nikkei 225, which is likely to come before the September review.(Updates throughout with share moves)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

This Is a Test From PR Newswire
Posted 41 minutes ago

This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire.
view

 

Itochu Makes $5.4 Billion Bid for Rest of Japan’s FamilyMart
Posted 43 minutes ago

(Bloomberg) -- Itochu Corp. is seeking to take full control of convenience-store chain FamilyMart Co. through a tender offer valued at as much as 580.9 billion yen ($5.4 billion).The Japanese trading company, which already owns 50.1% of FamilyMart, is offering 2,300 yen apiece for the shares it doesn’t already own, it said in a statement Wednesday. The offer represents a premium of 31% over Wednesday’s closing price of 1,754 yen a share.FamilyMart shares were untraded early Thursday in Tokyo, poised to rally as buy orders far outnumbered those to sell. FamilyMart’s stock is down about a third this year.FamilyMart directors said they support the tender offer, and that shareholders should make their own decision. FamilyMart executives said in a conference call that Itochu approached them in February. They had originally intended to discuss the matter with Itochu after the coronavirus pandemic died down as they initially expected the impact to be short.Japan’s trading companies have been increasing their stakes in the country’s biggest convenience store operators as a way to diversify business away from the volatile commodities business. In 2016, Mitsubishi Corp. paid 144 billion yen to purchase a controlling stake in Lawson Inc.The convenience store market in Japan is saturated and dominated by three majors -- 7-Eleven, FamilyMart and Lawson, making business fiercely competitive. FamilyMart is the country’s second-largest convenience store franchiser, with more than 15,000 locations.Both companies thought combining resources would help FamilyMart move more quickly to meet challenges as it pursues digitalization, a payments business and overseas expansion, said President Takashi Sawada in a call with reporters Wednesday for the company’s quarterly earnings.“We want to use Itochu to solve our problems,” he added.If the tender offer, which runs from July 9 to Aug. 24, is successful, FamilyMart would become a wholly owned subsidiary of Itochu. In 2018, Itochu paid a much higher price -- 11,000 yen per share -- to boost its stake to 50.1% from about 40.7%.Jefferies analyst Michael Allen suggested Itochu may be trying to avoid writing down the value of its previous stake purchase of FamilyMart. “They’re getting a better price now than they got before, so that’s why it makes sense to them,” he said.(Updates with trading situation in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

This Is a Test From PR Newswire
Posted 46 minutes ago

This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire.
view

 

Coronavirus: Is India the next global hotspot?
Posted 52 minutes ago

India's confirmed cases are going up rapidly, but it's not all bad news.
view

 

How one woman's stolen identity exposed a system of exam fraud
Posted 56 minutes ago

Reports of more than 200 cases have shattered confidence in the life-defining national Gaokao exams.
view

 

Aurora: Is the New CCO the Right Fit? Analyst Chimes In
Posted 59 minutes ago

Over the past few months, Aurora Cannabis (ACB) has taken several steps to enact a U-turn for its ailing business. Along with a reverse stock split to ensure it remains listed on the New York Stock Exchange, it has closed some of its smaller facilities, as well as put the brakes on the construction of two new sites.Another move has been to acquire Reliva, which has given it access to the U.S. CBD space. That acquisition brought with it Reliva’s CEO, Miguel Martin, who Aurora has just appointed as its new Chief Commercial Officer.Weighing in on the appointment, Jeffries analyst Owen Bennett is not sure the right choice was made.“While we don't doubt Mr. Martin is very capable, and has past experience that is very relevant for this position, there could be some disappointment that the position did not go to someone more high profile,” the analyst said.The past year has been a rough ride for the company that was once one of the most promising Canadian cannabis stocks. Along with a share price that has been slashed by 86%, there has been a mass exodus of top brass, including a co-founder and CEO, another co-founder and President, and a COO. However, the changing of the guard is in line with other cannabis companies’ attempts to gain credibility and trust among investors, after most companies in the fledgling industry have been unable, so far, to fulfill earlier promises.As a result, Bennett argues, the type of management that takes hold of the reins “is critical for sentiment and the outlook of these businesses.”Although Bennett likes Martin’s background in regulated industries such as cigarettes and vapes, the analyst believes most of Martin’s experience “appears to be heavily focused on gas stations and convenience stores.”What Bennett thinks investors might have been hoping for is a different type of CCO. “Experience across a variety of different industries, and across multiple product categories and distribution channel, as well as experience at c-suite level of a major CPG company, may have been preferred,” the analyst said.Bennett hopes the appointment of the new CEO, to which attention now shifts, will be more on point.No change, then, to Bennett’s rating, which remains an Underperform (i.e. Sell). The price target stays as is, too, and at C$14 ($10.33) represents possible downside of 16%. (To watch Bennett’s track record, click here)Among Bennett’s colleagues, Aurora has a Hold consensus rating, based on 3 Buys, 11 Holds and 1 Sell. At C$17.16 ($12.61), the average price target suggests shares have modest upside of 4% from current levels. (See Aurora stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
view

 

Dollar eyes multi-week lows as risk assets rally
Posted 1 hour 1 minute ago

The dollar nursed losses against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the U.S. currency. Traders in Asia are focused on whether China's yuan can extend gains against the greenback as investors of all stripes shift funds to increase positions in Chinese stocks. Lingering worries about the spread of the coronavirus could keep some currency pairs in a tight range, but the dollar's losses are gradually increasing as sentiment favours riskier bets on long-term economic growth.
view

 

Unusual Pair Trump, Lopez Obrador Reboot U.S.-Mexico Relations
Posted 1 hour 2 minutes ago

(Bloomberg) -- Mexican President Andres Manuel Lopez Obrador’s first visit to the White House sealed an unlikely partnership with Donald Trump to launch a new phase in the relations between the neighbors amid criticism in the Latin American country.In a speech that combined historic references with calls to deepen North American trade integration, Lopez Obrador effectively endorsed Trump’s treatment of Mexico. The U.S. president remains highly unpopular south of the border after having called the nation’s people criminals and rapists during the 2016 campaign and vowing to build a wall between the countries.“I am here to tell the American people that their president treated us with kindness and respect,” AMLO, as the Mexican president is known, said in a joint statement at the White House’s Rose Garden on Wednesday. “You never sought to impose anything on us,” he said, referring to Trump.The meeting caps a rapport between two figures of very dissimilar political backgrounds. At first sight, the 66-year leftist AMLO, who cut his political teeth as an activist for the rights of indigenous peoples in southern Mexico, has little in common with Trump, a New York real estate developer and reality television star.While Lopez Obrador built his political career decrying widespread corruption and his country’s crony capitalists, Trump won office by stoking fears about immigration. Yet both are populists and nationalists who earned each others’ respect.Read More: Mexico’s AMLO Flies Coach to Washington to Seal Trump BetThe comments alongside the U.S. president also mark a reversal for Lopez Obrador, who before his election wrote a book called “Listen, Trump” and once accused him of using anti-Mexico rhetoric similar to the vilification seen in Adolf Hitler’s Germany.He faced harsh criticism before the trip, with former diplomats and pundits warning he would become a pawn of Trump in his election campaign and alienate Democrat Joe Biden, who leads in most polls with the approach of the Nov. 3. vote. After the meeting, some Mexican commentators expressed surprise at AMLO’s deferential tone toward his counterpart.“Maybe it was unavoidable that he went, but treating Trump as if he was equivalent to the U.S. nation? That wasn’t unavoidable. They could’ve been more careful,” said Carlos Bravo, an associate professor at the Center for Research & Teaching in Economics in Mexico City.Following the bilateral meeting, Biden said on Twitter that he would work with Mexico “to restore dignity and humanity to our immigration system,” recalling Trump’s comments about Mexicans in the last presidential race.Remaining FriendsFrom the start of his administration in late 2018, AMLO has sought to team up with Trump. He deployed a newly created national guard to crack down on the migration of Central Americans and others through Mexico after the U.S. president threatened last year to slap tariffs on Mexican goods.The Mexican leader insisted this week’s trip was crucial in order to begin the new trade deal between the U.S., Mexico and Canada as a motor to fuel the economic recovery of the countries from the onslaught of the coronavirus pandemic. The agreement could allow North America to become stronger by expanding investment and trade within the bloc, he said.Lopez Obrador, who holds rambling press conferences every weekday morning, stayed true to form in his presidency’s first trip abroad. While Trump spoke for about eight minutes, Lopez Obrador went on for nearly twice as long, with several references to the history of U.S.-Mexico relations. The meeting came after a morning visit to the Lincoln Memorial and a monument to Benito Juarez, the revered 19th century Mexican leader.“We aren’t fighting, we are friends and we will remain friends,” Lopez Obrador said later on, in remarks to a smiling Trump before a White House dinner. “The predictions failed.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

Bed Bath & Beyond Is Permanently Closing 200 Stores Across the US and Canada
Posted 1 hour 3 minutes ago

Bed Bath & Beyond is planning to close about 200 stores over the next two years. The company, which also owns Buybuy Baby, World Market, and Harmon Face Values, announced on Wednesday that stores will close across the US and Canada, with mostly Bed Bath & Beyond stores being affected, according to the company's first-quarter report.
view

 

Bed Bath & Beyond Is Permanently Closing 200 Stores Across the US and Canada
Posted 1 hour 3 minutes ago

Bed Bath & Beyond is planning to close about 200 stores over the next two years. The company, which also owns Buybuy Baby, World Market, and Harmon Face Values, announced on Wednesday that stores will close across the US and Canada, with mostly Bed Bath & Beyond stores being affected, according to the company's first-quarter report.
view

 

Bed Bath & Beyond Is Permanently Closing 200 Stores Across the US and Canada
Posted 1 hour 3 minutes ago

Bed Bath & Beyond is planning to close about 200 stores over the next two years. The company, which also owns Buybuy Baby, World Market, and Harmon Face Values, announced on Wednesday that stores will close across the US and Canada, with mostly Bed Bath & Beyond stores being affected, according to the company's first-quarter report.
view

 

Asian Stocks Mixed; Dollar Remains Under Pressure: Markets Wrap
Posted 1 hour 11 minutes ago

(Bloomberg) -- Asian stocks saw a muted open on Thursday as investors mulled continued U.S. equity gains amid simmering tensions between Washington and Beijing. The dollar extended its decline.Shares saw modest gains in Sydney and Seoul, and dipped in Tokyo. Futures on the S&P 500 Index ticked higher after the gauge climbed to a one-month high on Wednesday, when advances in high-flying megacaps like Apple Inc. and Amazon.com Inc. sent the Nasdaq Composite to a record. Gold held above $1,800 an ounce. The offshore yuan rose above 7 per dollar, while Treasuries were steady.Investors are betting technology companies will fare best as economies seek to re-open amid a still spreading coronavirus. Pandemic-sensitive sectors like airlines remain under pressure and sentiment remains cautious ahead of the upcoming earnings season.In Asia, traders will be keeping tabs on the rally in Chinese shares to see if the Shanghai Composite’s seven-day surge can continue Thursday.On the virus front, the number of U.S. infections topped 3 million, more than a quarter of the global total. Arizona and Florida continued to report increases, albeit at levels below their seven-day averages.As long as central banks “have the intention of continuing to try to provide stimulus to the global economy, markets will continue to drive higher even as they dislocate from the fundamentals that would otherwise normally drive earnings and stock prices,” Shana Sissel, chief investment officer at Spotlight Asset Group, said on Bloomberg TV.Elsewhere, oil traded at a four-month high despite U.S. crude inventories holding near a record and gasoline demand still at the weakest seasonal level in more than 20 years.Here are some key events coming up:All eyes will be on the U.S. weekly jobless claims report on Thursday.Singapore holds its general election on Friday.These are the main moves in markets:StocksFutures on the S&P 500 Index added 0.1% as of 9:13 a.m. in Tokyo. The gauge rose 0.8% on Wednesday.Japan’s Topix index dipped 0.1%.South Korea’s Kospi index gained 0.6%.Australia’s S&P/ASX 200 Index rose 0.7%.CurrenciesThe yen was at 107.29 per dollar, little changed.The euro bought $1.1337, up 0.1%.The offshore yuan was at 6.9970 per dollar.BondsThe yield on 10-year Treasuries remained at about 0.66%.Australia’s 10-year yield rose three basis points to 0.90%.CommoditiesWest Texas Intermediate crude was steady at $40.89 a barrel.Gold was at $1,809.25 an ounce, little changed.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

Coronavirus updates: US hits daily record; NJ to require masks outdoors; United Airlines announces major layoffs
Posted 1 hour 13 minutes ago

As the United States set a daily record of positive tests, New Jersey will require outdoor masks and United Airlines announced layoffs. Latest news.
view

 

These big brands actually make costco's Kirkland products
Posted 1 hour 18 minutes ago

While some of these names are public knowledge, others remain a closely guarded secret.
view

 

China Industrial Firms in Refinancing Fix as Debt Wall Looms
Posted 1 hour 19 minutes ago

(Bloomberg) -- Refinancing pressure is mounting at China’s industrial firms following unprecedented pandemic-induced shocks to the sector and a dearth of bond issuance in the past three months.Offshore bond sales from high-yield energy and other industrial companies hit a two-year low in the first half of 2020, with no sales from April to June, according to Bloomberg-compiled data. It couldn’t have come at a worse time for them as $3.1 billion of bonds, or more than a quarter of their debt, need to be repaid or refinanced over the next 12 months, the data show.Signs of stress are coursing through the industrial sector in the wake of a historic crash in the oil market and a March rout in global credit markets that’s left borrowers in a funding crunch. Potential downgrades will keep investors away from these issuers, which means liquidity may become a problem when the time comes to repay maturing bonds, according to Hong Kong Asset Management Ltd.“With the global real economy still struggling due to the effects of COVID-19 and the volatility in commodity prices, some issuers in the affected high-yield industrial sectors such as energy services and airlines will continue to struggle,” said Abhishek Rawat, portfolio manager at Hong Kong Asset Management, who is cautious on high-yield industrials from China.Hilong Holding Ltd. became the latest dollar bond defaulter from the oil sector in June, after an oil refiner from the eastern Shandong province missed a principal installment of a $1 billion loan earlier that month. Hong Kong-listed oil explorer MIE Holdings Corp. defaulted on a dollar note in May.While yields on China’s junk rated companies have come off multiyear highs, issuance of such debt outside of property has been slow to return in the offshore primary market. Even though oil has recovered and is back at levels last seen in early March, the rebound in fuel consumption has been patchy at best.While high-yield industrial firms globally are under pressure, firms in Europe and the U.S have not faced the same slowdown in debt sales seen among their Chinese peers, with a 17% and 25% year-on-year pickup in issuance respectively in the first half, the data show.Investors remain cautious about Chinese firms from the sector, even as UBS Asset Management Hong Kong Ltd. sees yield-starved investors moving into Asia’s junk bond market.There were seven rating downgrades and negative outlook changes made during the first half of this year, the highest number of negative actions for this period since 2016, according to data from S&P Global Ratings on the Chinese commodities firms they rate.(Updates with rating actions by S&P in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

Alden confirms interest in McClatchy, challenges Chatham’s bid hours before auction
Posted 1 hour 20 minutes ago

A court filing late Wednesday confirmed rumors that Alden, owner of MediaNews Group and investor in Tribune Co., will be among the potential buyers at auction.
view

 

Alden confirms interest in McClatchy, challenges Chatham’s bid hours before auction
Posted 1 hour 20 minutes ago

A court filing late Wednesday confirmed rumors that Alden, owner of MediaNews Group and investor in Tribune Co., will be among the potential buyers at auction.
view

 

US judge dismisses GM suit against FCA
Posted 1 hour 21 minutes ago

A US federal judge on Wednesday dismissed General Motors' lawsuit against Fiat Chrysler, citing "holes" in GM's claim that bribes by its rival to labor union officials raised GM's costs. In a stinging ruling, US District Judge Paul Borman, who last month called the suit a "waste of time," issued the ruling that "dismisses GM's Complaint with prejudice" -- meaning it cannot be appealed. GM alleged that FCA bribed auto union officials to secure an unfair advantage in labor talks and try to force it into a merger with FCA.
view

 

Nike to Debut ‘Rise’ Retail Concept in China
Posted 1 hour 25 minutes ago

The new store format capitalizes on the brand's expanding digital efforts.
view

 

Pending Home Sales Retreat Even as Mortgage Rates Dip to New Low
Posted 1 hour 26 minutes ago

(NASDAQ: RDFN) — The housing market closed out the month of June on somewhat uneven footing as pending sales pulled back slightly despite another record low for mortgage interest rates, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage.
view

 

Innovent Announces First Patient Dosed in a Phase 1b Clinical Trial of Sintilimab plus Surufatinib in Advanced Malignancies in China
Posted 1 hour 26 minutes ago

Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, metabolic, autoimmune and other major diseases, today announced that the first patient has been successfully dosed in a Phase 1b clinical trial (CIBI391A101) of TYVYT® (sintilimab injection) plus surufatinib in China.
view

 

AUD falters again on approach to 0.70 US cents
Posted 1 hour 26 minutes ago

Posted by OFX AUD - Australian Dollar The Australian dollar crept higher through trade on Wednesday, buoyed by a softer USD and an uptick across equities and commodity prices. Having traded sideways through much of Wednesday the AUD regained upward momentum, again closing in on 0.70 US cents. The AUD touched intraday … Continue reading "AUD falters again on approach to 0.70 US cents"The post AUD falters again on approach to 0.70 US cents appeared first on .
view

 

Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler
Posted 1 hour 27 minutes ago

A federal judge on Wednesday threw out a racketeering lawsuit General Motors had filed against smaller rival Fiat Chrysler Automobiles, saying the No. 1 U.S. automaker's alleged injuries were not caused by FCA's alleged violations. GM officials said in statement they "strongly disagree" with the order by U.S. District Court Judge Paul Borman, whom the automaker had sought to have removed from the case, and would appeal. "There is more than enough evidence from the guilty pleas of former FCA executives to conclude that the company engaged in racketeering, our complaint was timely and showed in detail how their multi-million dollar bribes caused direct harm to GM," GM said in a statement.
view

 

Coronavirus: Budget airline AirAsia's future in ‘significant doubt’
Posted 1 hour 28 minutes ago

Asia's biggest budget carrier faces uncertainties due to the pandemic, auditor Ernst & Young has warned.
view

 

Asian stocks set to rise as focus swings to recovery prospects
Posted 1 hour 31 minutes ago

Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, and as investors looked ahead to earnings season. Australian S&P/ASX 200 futures were up 0.85%, Japan's Nikkei 225 futures added 0.16%, and Hong Kong's Hang Seng index futures rose 0.82%. "Risk sentiment remains resilient ahead of next week's key earnings reports," said NAB economist Tapas Strickland.
view

 

Elon Musk approaches $1.8 billion bonanza
Posted 1 hour 33 minutes ago

Tesla's blistering stock rally is putting Chief Executive Elon Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months. Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40% in the past seven sessions, elevating the company's market capitalization to $259 billion. More important for Musk's personal finances, Tesla's six-month average market capitalization has reached a record $138 billion.
view

 

Nevada regulators OK company buying Caesars Entertainment
Posted 1 hour 37 minutes ago

Reno-based Eldorado Resorts Inc. received the go-ahead Wednesday from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17.3 billion deal creating a gambling giant owning or operating 55 properties in 16 U.S. states and several other countries. The merger won unanimous endorsement after pointed questions from Nevada Gaming Control Board regulators and unanimous approval from the state Gaming Commission.
view

 

Some Nun Sense
Posted 1 hour 37 minutes ago

In a modest victory for freedom, the Supreme Court has upheld the Trump administration’s protections for employers who object to having to provide coverage for contraception, abortifacients, and sterilization.This mandate has been plaguing religious groups for nearly a decade. Obamacare required employers to provide preventive services, and the Obama administration decided first that those services include contraception and sterilization, and then that exemptions on religious grounds would be granted sparingly. The mandated coverage included drugs that the administration admitted could result in abortion.The Little Sisters of the Poor, a charitable order of nuns who adhere to Catholic Church teaching on contraception and abortion, were among the many religious organizations who were supposed to provide this coverage. Eventually, the Obama administration offered an “accommodation,” but its terms were unsatisfactory to the nuns, as it required them to sign a form authorizing the use of their insurance network to provide the coverage.Since then, we have witnessed near-constant legal battles over this requirement. This latest iteration, Little Sisters of the Poor v. Pennsylvania, et al., consolidated several cases in which progressive state governments sued the Trump administration, arguing that it didn’t have the authority to institute religious and moral exemptions to the mandate.The Third Circuit Court of Appeals ruled that the exemptions could not be given, even though the Supreme Court already had urged the government and objecting employers to reach a settlement, implying that the executive branch could further revise its policy.Writing for the majority, Justice Clarence Thomas concluded that the relevant departments did in fact have “the authority to provide exemptions from the regulatory contraceptive requirements for employers with religious and conscientious objections.”This is a welcome decision, upholding as it does the Trump administration’s authority to create carve-outs not only for religious employers but also for anyone with moral objections to the mandate’s requirements. It does not, however, go as far as one might hope, as Justice Alito notes in his concurrence, joined by Justice Gorsuch.While this ruling determined on procedural grounds that the administration was within its rights to exempt some employers from the mandate, it did not address the question of whether the Religious Freedom Restoration Act compels exemptions of some kind for employers with religious objections, as Justices Alito and Gorsuch persuasively argue that it does.Declining to rule on those grounds, the Court’s majority opinion returns the Little Sisters to the appeals court that already botched this case. The Third Circuit now has another chance to rule against them and deem the Trump-administration policy “arbitrary and capricious.”A better outcome would have been to apply the RFRA, considering whether the mandate serves a compelling government interest, whether it imposes a substantial burden on religious employers, and whether it accomplishes its goals by the least restrictive means possible. Though today’s decision was a small victory, it will take a more sweeping decision to offer some finality to debates over the mandate.
view

 

Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request
Posted 1 hour 45 minutes ago

CENTRE froze $100,000 in USDC in response to a request from law enforcement, the group said Wednesday.
view

 

As Asian Deals Disappear, India Becomes Unlikely M&A Hotspot
Posted 1 hour 56 minutes ago

(Bloomberg) -- Mukesh Ambani’s ambitious courtship of international investors has helped turn India into a rare bright spot for dealmaking in 2020, a shift that bankers say is likely to continue as the battle for the country’s digital economy heats up.Thanks in large part to $15 billion of investments in Ambani’s technology venture from the likes of Facebook Inc. and Silver Lake Partners, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998. The country’s tally has jumped 18% from a year ago to $55.3 billion, defying an 18% slide for the region, according to data compiled by Bloomberg.With half a billion Internet users and growing, India is witnessing pitched battles in everything from e-commerce and content streaming to messaging and digital payments -- similar to the early days of China’s digital boom. The sector’s importance has only increased this year as the Covid-19 pandemic pushed India to impose the world’s biggest lockdown in late March.“India has become one of the busiest markets for M&A in Asia,” said Kerwin Clayton, co-head of M&A for Asia Pacific at JPMorgan Chase & Co. “Global companies and investment funds are pondering more options to enter India, in a similar way to what happened with China a decade or so ago.”Read More: Meet the Man Who Made Facebook-Jio Deal Happen for AmbaniBillionaire Ambani’s Jio Platforms Ltd., which houses movie, music apps and India’s biggest wireless carrier, is front and center in the surge of activity. The latest to join Jio’s list of investors is an arm of computer chip giant Intel Corp., propelling its valuation to $65 billion.“There was significant deal activity in the tech space already but nothing of the speed and quantum we witnessed in Jio Platforms,” said Aalok Shah, managing director at Rothschild & Co. “Jio Platforms is a unique opportunity which attracted significant investor interest.”The health care and infrastructure sectors are also going to see a surge in investment, Shah said. Sectors such as industrials and travel that have borne the brunt of the Covid-19 pandemic will be hit with divestment, and distressed asset sales will take place, he said.The pandemic has also put pressure on the country’s long-suffering financial sector. Indian companies, including banks, are more likely to raise funds in the markets to boslter their buffers, according to Srinivas Balasubramaniam, a senior partner at KPMG India. ICICI Bank Ltd. said Wednesday that it plans to raise as much as 150 billion rupees ($2 billion), while Axis Bank Ltd. announced plans last week to raise as much as $2 billion.“A consolidation of financial services will start once the capital raising is done and dusted,” Balasubramaniam said. “The current economic slowdown coupled with the pandemic is likely to see the central bank force the hand of banks that have large subsidiaries and regulate them to dilute their stakes.”Read More: Goldman India CEO Tells Clients Liquidity is the ‘Biggest Theme’China FactorRecent political tensions between India and China have cast a heavy pall over dealmaking prospects between the neighboring countries. Even before their worst military clashes in 45 years, the Indian government drew China’s ire with its move in April to tighten foreign investment rules on countries it shares a border with.Chinese companies pledged to invest about $579 million in Indian companies in the first six months of this year, down from $1.5 billion for the same period in 2019, according to data compiled by Bloomberg.Even as both countries have agreed to deescalate tensions on their disputed border, bankers are expecting further slowdown of Chinese investments for the rest of the year. Yet some are taking the long view.“There could be delays in new investments or existing investments being topped up this fiscal year,” Balasubramaniam said, adding that the onset of winter will help limit further clashes over territory. “Chinese investments will likely pick up momentum late next year given the current border standoff.”Read More: India’s Growing Economic Reliance on China May be Tough to BreakIn the meantime, global investors including private equity firms are driving transactions with India.KKR & Co. said last week it will acquire a controlling stake in J.B. Chemicals and Pharmaceuticals Ltd., while Carlyle Group plans to purchase a 20% stake in Indian billionaire Ajay Piramal’s pharmaceutical business.The country’s antitrust regulator recently approved Facebook’s $5.7 billion investment in Jio, paving the way for a slew of smaller investments in the digital services business.“We are already witnessing an increased momentum in deal activity and it is likely to accelerate over the next six months,” Rothschild’s Shah said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

The U.S.-China Rivalry Is Broadening From Trade to Everything
Posted 1 hour 57 minutes ago

(Bloomberg) -- The U.S.-China rivalry is shifting into new and unpredictable areas, engulfing everything from a popular video app to Hong Kong’s status as a global financial hub.The latest tensions are overshadowing a trade agreement in January that was meant to draw a line under the trade war and be a boon for business. Instead, differences between both powers are deepening right at a time when the world economy is facing its worst crisis since the Great Depression.This week alone, President Donald Trump said he is considering banning ByteDance Ltd.’s short video app TikTok as retaliation against China over its handling of the coronavirus. Some of his top advisers want the U.S. to undermine the Hong Kong dollar’s peg to the greenback to punish China for recent moves to chip away at the former British colony’s political freedoms. There are even concerns over the visa status of hundreds of thousands of Chinese students who enroll at U.S. colleges and universities each year.China in turn has promised its own response, warning the U.S. and others to stop interfering in Hong Kong and other issues.“The Ice Age in relations is here to stay,” said Pauline Loong, managing director at research company Asia Analytica in Hong Kong and a veteran China watcher. “It will get much colder before there will be any thaw.”The economic backdrop could hardly be more stark, with the IMF estimating that by the end of this year 170 countries -- almost 90% of the world -- will have lower per capita income. That’s a reversal from January, when it predicted 160 countries would end the year with bigger economies and positive per capita income growth.What Bloomberg’s Economists Say...“Escalating tensions mean fresh barriers to trade, capital, and people flows are poised to add a drag on growth, and one that will stay in place no matter who wins the November presidential election.”\-- Tom Orlik, Maeva Cousin and Dan Hanson. Bloomberg Terminal clients can read the report HEREThe deepening divisions are forcing difficult decisions for global business. Facebook Inc., Google and Twitter Inc. -- all of which are blocked in the mainland -- are at risk of the same fate in Hong Kong.Hours after Hong Kong announced sweeping new powers to police the internet on Monday night, those companies plus the likes of Microsoft Corp. and Zoom Video Communications Inc. all suspended requests for data from the Hong Kong government. It’s not yet clear how the authorities will respond to that lack of compliance with local rules.ByteDance’s TikTok, which has Chinese owners, announced it would pull its viral video app from the territory’s mobile stores altogether in the coming days. HSBC Holdings Plc, which draws more than two-thirds of its pretax income from Hong Kong, slumped in Hong Kong trading on Wednesday on fears it would lose out if the Trump administration moves ahead with any plan to punish banks in the city and destabilize the currency peg to the dollar.The expectations are that threats and counter threats will only ratchet up further ahead of the U.S presidential election in November, with little prospect of a near-term reset.“I don’t see any immediate circuit breaker,” said Fraser Howie, author of “Red Capitalism: The Fragile Financial Foundation of China’s Extraordinary Rise.” “Certainly not in the sense that there is a reset where everyone says ‘weren’t we all being foolish, let’s get back to being friends.’ I don’t see that coming any time soon.”And it’s not just the world’s two biggest economies being affected.India said it will ban 59 of China’s largest apps after a deadly Himalayan border clash with Chinese troops that killed 20 Indian soldiers. China warned the U.K. it will face “consequences” if it chooses to be a “hostile partner” after it emerged the government is preparing to begin phasing out the use of Huawei Technologies Co. equipment in the U.K.’s 5G telecommunications networks as soon as this year.Since April, China has imposed crippling tariffs on Australia’s barley industry, halted beef imports from four meat plants and urged its tourists and students to avoid going to the nation due to the risk of attacks from racists. The government in Canberra had earlier called for an independent inquiry into the origins of the coronavirus.While economists said it’s unlikely that the U.S. would follow through on its threat against the Hong Kong dollar, given the risk of damage to U.S. banks and companies, even the discussion of such a move is unnerving for confidence.“It is a nuclear option, which could result in a financial crisis for Hong Kong, as well as considerable collateral damage for U.S. banks and investors,” said Kevin Lai, chief economist for Asia excluding Japan at Daiwa Capital Markets. “It is not impossible, but we think it is unlikely to happen.”The idea of striking against the Hong Kong dollar peg -- perhaps by limiting the ability of Hong Kong banks to buy U.S. dollars -- has been raised as part of broader discussions among advisers to Secretary of State Michael Pompeo and hasn’t been elevated to the senior levels of the White House, Bloomberg News reported.“There is a fast evolving realignment of forces happening,” said Alicia Garcia Herrero, chief Asia Pacific economist with Natixis SA. “The spiraling threat will remain with us at least until the U.S. election and, very likely, also afterwards. It is just a new paradigm.”(Adds comment from Bloomberg Economics)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
view

 

How rum makers are improving the drink's image
Posted 1 hour 59 minutes ago

As a small but growing number of new rum distilleries open, is the spirit set to see a sales boom?
view

 

Trump threatens to withhold funding to schools if they don't reopen this fall
Posted 2 hours ago

Donald Trump's push to reopen schools comes amid a nationwide debate over whether it's safe for children to return to the classroom amid coronavirus.
view

 

US surpasses three million coronavirus cases
Posted 2 hours 2 minutes ago

Despite surges in new infections, the White House wants to press forward with school reopenings.
view

 

Trump's Tulsa rally, protests 'likely' contributed to a surge in coronavirus cases, local health official says
Posted 2 hours 3 minutes ago

Tulsa County saw a record 261 new coronavirus cases on Monday, just over two weeks after Donald Trump's first campaign rally since lockdowns began.
view

 

Liftit Raises $22.5 Million to Automate Last Mile Logistics in Latin America
Posted 2 hours 5 minutes ago

Liftit, Inc., the leading technology platform to automate and execute last-mile truck deliveries across Latin America, today announced $22.5 million in new funding. The new capital will enhance the company's capabilities to automate the last-mile transportation and delivery of goods across Latin America and continue to develop its technology to digitize last-mile logistics in the region.
view

 

Coronavirus (COVID-19) Update: Daily Roundup
Posted 2 hours 8 minutes ago

Coronavirus (COVID-19) Update: Daily RoundupPR NewswireSILVER SPRING, Md., July 8, 2020SILVER SPRING, Md.
view

 

Smartwatch hack could send fake pill reminders to patients
Posted 2 hours 10 minutes ago

Researchers find a software security flaw that could easily be abused by hackers.
view

 

Public spending on coronavirus soars to £190bn
Posted 2 hours 18 minutes ago

PPE costs and support for the economy add to the rising bill for fighting the pandemic.
view

 

He's Black, Republican and working to reelect Trump. It's not easy
Posted 2 hours 19 minutes ago

Immanuel Jarvis, GOP chair in Durham, N.C., sees President Trump as a friend of African Americans and the media as an enemy.
view

 

'It's all very positive:' Donald Trump, once a critic of Mexico, now praises its president
Posted 2 hours 19 minutes ago

Trump, who launched his 2016 campaign attacking Mexico over trade and immigration, on Wednesday lavished praise on the country's president.
view

 

House Dems Look to Boost Spending by $250 Billion
Posted 2 hours 19 minutes ago

House Democrats are looking to increase federal spending by about $250 billion next year — a boost that would exceed budget levels agreed to in a bipartisan deal reached last year with Republicans and the Trump administration.The Democratic spending bills introduced by House appropriators this week would bring discretionary spending to more than $1.6 trillion, a 16% increase over current levels, The Hill’s Niv Elis reports.Democrats say the pandemic has raised the need for additional funding, which Elis says would cover areas ranging from rural broadband and transportation infrastructure to health care and global coronavirus relief. Republicans counter that the Democratic proposal will make it harder to reach agreement with the Senate on 2021 spending levels.“In any other year, a quarter-trillion dollars tacked onto a series of regular spending bills would be unheard of,” Elis writes. “But the economic emergency caused by the pandemic has turned it into a rounding error, as Congress has approved trillions of dollars to fight COVID-19, including a record $2.2 trillion for the CARES Act in March. … Even budget hawks have acknowledged that deficit spending is needed in times like these, with austerity reserved for boom times.”Still, Marc Goldwein, head of policy for the Committee for a Responsible Federal Budget, warned that the pandemic shouldn’t be used as an excuse for non-emergency spending. “The emergency designation is there for emergencies, which means things that are urgent, unforeseen and temporary,” Goldwein told The Hill. “The question that I would ask is if the broadband, the housing, is that really in light of the coronavirus emergency? It’s not appropriate to use an emergency situation for building roads.”The bottom line: The Democratic proposal may raise the chances that the annual appropriations process gets bogged down in partisan fights. “Any long-term standoff between congressional Democrats and Republicans would just increase the odds of Congress kicking the can down the road with a continuing resolution, dealing with spending legislation after the November elections, perhaps even into January,” Elis writes.Like what you're reading? Sign up for our free newsletter.
view

 

Ringmaster Technologies Announces Strategic Partnership With PLEXIS Healthcare Systems
Posted 2 hours 20 minutes ago

Ringmaster Technologies - a cloud-based healthcare software provider focused on simplifying and enhancing Stop-Loss administrative processes - is pleased to announce a strategic partnership with PLEXIS Healthcare Systems, a global industry leader in enterprise core administration and claims management solutions for healthcare payer organizations.
view

 

Trump Threatens to Cut Off Funding for Schools That Don’t Reopen
Posted 2 hours 21 minutes ago

President Trump threatened to cut off federal funding for schools that don’t restart in-person classes by the fall and assailed Centers for Disease Control and Prevention guidelines for reopening schools, calling them “very tough,” “expensive” and “very impractical.”"The Dems think it would be bad for them politically if U.S. schools open before the November Election, but is important for the children & families. May cut off funding if not open!" Trump tweeted Wednesday morning.New guidance coming: Shortly after, Vice President Mike Pence told reporters at a briefing of the White House coronavirus task force that the CDC would issue additional guidance next week. “The president said today, we just don’t want the guidance to be too tough,” Pence said.Dr. Robert Redfield, the CDC director, reminded reporters at the briefing that the health agency’s recommendations are “guidance, not requirements” and emphasized that the guidelines are not intended “to be used as a rationale to keep schools closed.”An administration push to reopen: The president and Education Secretary Betsy DeVos have ramped up a push this week to get children back in classrooms this fall, a crucial step toward a more full-fledged economic recovery since it would better enable working parents to return to their jobs. Trump’s reelection prospects may well depend on the state of the pandemic and economy as voters cast their ballots.Trump said Tuesday he would “put pressure on governors and everybody else” to reopen schools, and DeVos told Fox News host Tucker Carlson Tuesday night that she is “very seriously” looking at withholding federal funds from schools that don't open their classrooms. Administration officials emphasized Wednesday that keeping schools closed carries risks as well and could result in students falling behind academically or suffering health and nutritional effects. The White House notes that the American Academy of Pediatrics has said it “strongly advocates that all policy considerations for the coming year should start with a goal of having students physically present in school.”Setting up clashes: Trump’s latest push will set the stage for clashes with Democrats, some of whom have already criticized the administration’s approach as well as with teachers’ unions and state and local officials. A spokesperson for House Speaker Nancy Pelosi told Bloomberg News that Trump has repeatedly ignored medical experts and needs to “get serious about crushing the virus instead of asking parents, teachers and children to risk their lives.”Teachers unions say that while they want to get kids back to their classrooms, reopening must happen safely. They’ve also pushed for more than $100 billion in additional funding to that end.“Trump and DeVos woke up yesterday about the importance of public schooling. They demanded schools reopen but they didn’t offer any plans or resources to support to schools. They didn’t offer any guidance on keeping kids safe,” Randi Weingarten, president of American Federation of Teachers, tweeted Tuesday night. She later added: “Reopening schools doesn’t happen with an all-caps tweet or WH photo op. It happens w/ careful planning to meets students’ needs, methodical attention to preventing virus spread in schools, & sufficient federal resources to help us get there.”The federal funding question: The federal government provides billions of dollars for low-income schools and special education at the K-12 level, but that represents only a small portion of overall education spending, with the vast majority of school funding — about 90% — coming from state and local budgets.Trump’s threat to block federal funding may not have much bite. “Trump can't unilaterally cut current federal funding for schools,” CNN explains. “However, he could possibly restrict some recent pandemic relief funding -- which would likely be challenged in court -- and refuse to sign future legislation for federal grants and bailouts for schools.”Evan Hollander, spokesperson for the Democratic-controlled House Appropriations Committee, said in a statement cited by Politico that the president doesn't have the authority to withhold federal funds."President Trump is repeating the same mistakes that have made America’s coronavirus pandemic the worst in the world, attempting to override science in search of political advantage," Hollander said. "When it comes to our schools, Congress funds federal education programs that serve some of the most vulnerable young people in our country. The President has no authority to cut off funding for these students, and threatening to do so to prop up his flailing campaign is offensive."Still, The New York Times reports that Trump’s funding threat “carries real weight” because the $2 trillion coronavirus relief package passed by Congress in March gave DeVos wide latitude in deciding how to distribute tens of millions of dollars in aid to school districts.“Those districts are now desperate for funds as they try to find ways to open classrooms with far fewer students and staff in each, to maintain social distancing, to test students and staff for the coronavirus, and to provide masks and other protective gear,” the Times reports. “Education groups have estimated that they need at least $200 billion in additional funding to reopen next school year.” DeVos, meanwhile, reportedly said Tuesday that only 1% of the $13.5 billion in relief funding for K-12 school districts had been claimed.DeVos and Pence both acknowledged that federal money represents a fraction of overall education spending and said the administration would look for other ways to encourage states to return students to classrooms. “As we work with Congress on the next round of state support, we're going to be looking for ways to give states a strong incentive and encouragement to get kids back to school,” Pence told reporters Wednesday.Like what you're reading? Sign up for our free newsletter.
view

 

Bed Bath & Beyond Tumbles on 1st-Quarter Sales Decline
Posted 2 hours 22 minutes ago

Home furnishings retailer announces shuttering of 200 stores as coronavirus impacts operations Continue reading...
view

  
  
Search:
 
 
 
 
Copyright © 2008-2020 ShweRooms.com | All rights reserved.
Home | Post Advertisement | General Ads | Rooms for Sale | Info Knowledge | Jobs
Advanced Search | Map | MRT Map | Myanmar Horoscope | English Horoscope
Exchange Rate History | Currency Converter | Directory | Recipes
Learn English | Events | Dhamma Radio | Myanmar Hostels | Terms of Use
iMyanmarAds.com | iMyanmarHouse.com | iCar.com.mm | iMyanmarGroup.com
Advertise on ShweRooms.com | Contact
Brought to you by ZillionTech