News
Important Only
UBS downgrades Swatch Group and Moncler, citing soft demand in luxury markets
Investing.com -- UBS has downgraded shares of Swatch Group AG (SIX:UHR) and Moncler (LON:0QII), citing soft demand in key luxury markets, particularly China, and a challenging outlook for the luxury gInvesting.com
Tue, Sep 24
Spectral Capital Corp (FCCN) Welcomes Quantum Visionary Dr. Wolf Kohn to Its Quantum Bridge Advisory Board
EQS Newswire / 24/09/2024 / 02:22 PST/PDTRevolutionizing the Future of Quantum Computing and AI with Industry Luminary Dr. Wolf KohnSpectral Capital Corporation (OTCQB: FCCN), a trailblazer in Quantum-as-a-Service (QaaS) and decentralized cloud infrastructure, is thrilled to announce the appointment of Dr. Wolf Kohn, Ph.D., a globally recognized leader in quantum computing, artificial intelligence, and data optimization, to its Quantum Bridge Advisory Board. Dr. Kohn's deep expertise will play a pivotal role in guiding Spectral's ambitious journey to revolutionize the tech landscape.Photo: Sean Michael Brehm, Chairman of Spectral Capital CorporationThis appointment signals a major leap forward for Spectral Capital as it gears up to accelerate the development of its QaaS platform—one that blends quantum computing with green, decentralized data centers. By incorporating cutting-edge innovations such as Green Wave Technology and the Distributed Quantum Ledger Database (DQLDB), Spectral Capital is positioning itself to lead the charge in creating a scalable, energy-efficient quantum infrastructure that promises not only to redefine cloud computing but also to reduce carbon footprints.A Quantum Pioneer Joins the MissionDr. Kohn’s illustrious career includes over 25 patents, four authored books, and more than 300 academic papers spanning topics from optimal hybrid control to quantum systems. His recent contributions to Optimal Meta-Control Theory have been published in the Encyclopedia of Optimization, underscoring his role as one of the foremost thought leaders in his field. His deep understanding of AI and quantum control will be instrumental in guiding Spectral Capital’s expansion into the quantum-enabled future."We are honored to welcome Dr. Wolf Kohn to our advisory board," said Jenifer Osterwalder, CEO of Spectral Capital. "His unparalleled expertise aligns perfectly with our mission to transform industries through quantum computing and decentralized cloud systems. Dr. Kohn’s insights will accelerate our mission to solve complex, real-world challenges across sectors, from finance to healthcare, through the power of quantum technology. We are confident that his contribution will significantly accelerate our progress and create substantial value for our investors and partners."Forging a Sustainable Quantum FutureWith its Quantum Bridge Program, Spectral Capital is building a powerful link between classical computing and quantum technologies, enabling industries to transition smoothly into this new frontier. Dr. Kohn’s leadership will guide the program’s evolution, ensuring the creation of secure, sustainable, and forward-thinking solutions. His work will be particularly vital as Spectral continues to attract top-tier talent and strategic partners to solidify its leadership position in the quantum revolution.Dr. Kohn’s expertise extends beyond academia. As Chief Scientist of CrowdPoint Technologies, he continues to push the boundaries of quantum control and optimization. His previous roles at Veritone, Inc., and Citigroup’s SEQA Capital Advisors, along with his academic appointments, provide a foundation of experience that will help Spectral navigate the future of quantum computing and decentralized data systems.Building Tomorrow’s Quantum LeadersSpectral Capital is positioning itself as a driving force behind the quantum revolution. With the addition of Dr. Kohn, the company is now more equipped than ever to deliver cutting-edge solutions for enterprise AI, cybersecurity, and climate-focused data optimization. Through the Quantum Bridge Program, Spectral is setting the stage for a future where quantum computing becomes an everyday reality, delivering transformational benefits to industries around the globe.For more information about Spectral Capital and its Quantum Bridge Initiative, visit Spectral Capital Website.Company ContactJenifer Osterwaldercontact@spectralcapital.comMedia Contact Anna Stukkert Phone: +49 162 2328333About Spectral CapitalSpectral Capital Corporation is a pioneer in Quantum as a Service (QaaS) creating a bridge from classical technologies to quantum computing, focused on creatingprofitable, sustainable, secure, and scalable solutionsfor global industries. The company is committed to revolutionizing the future of quantum computing through its Quantum Bridge Initiative. For more information, please visitSpectral Capital.For more information about investment, please visitInvest Spectral Capital.Forward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outsidetheUnited States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.24/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Sep 24
Spectral Capital Corp (FCCN) Welcomes Quantum Visionary Dr. Wolf Kohn to Its Quantum Bridge Advisory Board
EQS Newswire / 24/09/2024 / 02:22 PST/PDTRevolutionizing the Future of Quantum Computing and AI with Industry Luminary Dr. Wolf KohnSpectral Capital Corporation (OTCQB: FCCN), a trailblazer in Quantum-as-a-Service (QaaS) and decentralized cloud infrastructure, is thrilled to announce the appointment of Dr. Wolf Kohn, Ph.D., a globally recognized leader in quantum computing, artificial intelligence, and data optimization, to its Quantum Bridge Advisory Board. Dr. Kohn's deep expertise will play a pivotal role in guiding Spectral's ambitious journey to revolutionize the tech landscape.Photo: Sean Michael Brehm, Chairman of Spectral Capital CorporationThis appointment signals a major leap forward for Spectral Capital as it gears up to accelerate the development of its QaaS platform—one that blends quantum computing with green, decentralized data centers. By incorporating cutting-edge innovations such as Green Wave Technology and the Distributed Quantum Ledger Database (DQLDB), Spectral Capital is positioning itself to lead the charge in creating a scalable, energy-efficient quantum infrastructure that promises not only to redefine cloud computing but also to reduce carbon footprints.A Quantum Pioneer Joins the MissionDr. Kohn’s illustrious career includes over 25 patents, four authored books, and more than 300 academic papers spanning topics from optimal hybrid control to quantum systems. His recent contributions to Optimal Meta-Control Theory have been published in the Encyclopedia of Optimization, underscoring his role as one of the foremost thought leaders in his field. His deep understanding of AI and quantum control will be instrumental in guiding Spectral Capital’s expansion into the quantum-enabled future."We are honored to welcome Dr. Wolf Kohn to our advisory board," said Jenifer Osterwalder, CEO of Spectral Capital. "His unparalleled expertise aligns perfectly with our mission to transform industries through quantum computing and decentralized cloud systems. Dr. Kohn’s insights will accelerate our mission to solve complex, real-world challenges across sectors, from finance to healthcare, through the power of quantum technology. We are confident that his contribution will significantly accelerate our progress and create substantial value for our investors and partners."Forging a Sustainable Quantum FutureWith its Quantum Bridge Program, Spectral Capital is building a powerful link between classical computing and quantum technologies, enabling industries to transition smoothly into this new frontier. Dr. Kohn’s leadership will guide the program’s evolution, ensuring the creation of secure, sustainable, and forward-thinking solutions. His work will be particularly vital as Spectral continues to attract top-tier talent and strategic partners to solidify its leadership position in the quantum revolution.Dr. Kohn’s expertise extends beyond academia. As Chief Scientist of CrowdPoint Technologies, he continues to push the boundaries of quantum control and optimization. His previous roles at Veritone, Inc., and Citigroup’s SEQA Capital Advisors, along with his academic appointments, provide a foundation of experience that will help Spectral navigate the future of quantum computing and decentralized data systems.Building Tomorrow’s Quantum LeadersSpectral Capital is positioning itself as a driving force behind the quantum revolution. With the addition of Dr. Kohn, the company is now more equipped than ever to deliver cutting-edge solutions for enterprise AI, cybersecurity, and climate-focused data optimization. Through the Quantum Bridge Program, Spectral is setting the stage for a future where quantum computing becomes an everyday reality, delivering transformational benefits to industries around the globe.For more information about Spectral Capital and its Quantum Bridge Initiative, visit Spectral Capital Website.Company ContactJenifer Osterwaldercontact@spectralcapital.comMedia Contact Anna Stukkert Phone: +49 162 2328333About Spectral CapitalSpectral Capital Corporation is a pioneer in Quantum as a Service (QaaS) creating a bridge from classical technologies to quantum computing, focused on creatingprofitable, sustainable, secure, and scalable solutionsfor global industries. The company is committed to revolutionizing the future of quantum computing through its Quantum Bridge Initiative. For more information, please visitSpectral Capital.For more information about investment, please visitInvest Spectral Capital.Forward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outsidetheUnited States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.24/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Sep 24
Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 0.01%
Investing.com – Indonesia equities were lower at the close on Tuesday, as losses in the Agriculture, Basic Industry and Property sectors propelled shares lower.At the close in Jakarta, the Jakarta StoInvesting.com
Tue, Sep 24
ActusRayPartners, a Quantitative Hedge Fund Manager Wins HFM APAC and European Performance Awards
On 16 September 2024, ActusRayPartners (“ARP”) has been awarded the prestigious “New Fund of the Year” at the With Intelligence HFM APAC Performance Awards 2024. This accolade recognizes the outstanding performance of the ActusRayPartners Asian Alpha Fund for the period from 1 April 2023 to 31 March 2024, marking the Fund’s success in its inaugural year of operations.In addition, on 12 October 2023, ARP received the “Equity Newcomer” award at the HFM European Performance Awards 2023. This award highlighted the strong performance of the ActusRayPartners European Alpha Fund for the period from 1 July 2022 to 30 June 2023. Since its launch in March 2021, the Fund has consistently been nominated for performance awards each full year.ARP is a quantitatively orientated but ultimately discretionary hedge fund manager seeded and supported by Sun Hung Kai Capital Partners, the funds management platform of Sun Hung Kai & Co. Limited (“SHK & Co”, SEHK: 86). Established in 2019, ARP has achieved significant growth, with its assets under management (AUM) increasing over 35 times from inception to approximately US$770 million as of 31 August 2024.“Winning performance awards for both our European and Asian Funds showcases our team’s ability to effectively apply our Discretionary Probabilistic Investing process across different geographic regions,” said the co-founders of ARP.Tony Edwards, Deputy CEO of SHK & Co, expressed his congratulations: “Congratulations to the ARP team on winning these HFM Performance Awards! At SHK & Co, we are committed to supporting and nurturing specialist emerging asset managers in Asia, empowering them to excel. ARP is a prime example of this successful partnership, demonstrating resilience and strong performance even in volatile markets. We look forward to achieving more milestones with ARP in the future.”The HFM Performance Awards are highly regarded in the hedge fund industry, honouring excellence in various categories such as fund performance, operational capabilities, and service providers. Organized by HFM Global, a leading source of hedge fund intelligence, these awards have a long history of celebrating firms that demonstrate exceptional performance and innovation. – End – ActusRayPartners’ equal co-founders Patrick Cheung, Andrew Alexander, and Raymond Chan (left to right). ActusRayPartners’ Executive Committee, ActusRayPartners Business Manager Joey Wong, and representatives from Sun Hung Kai & Co. About ActusRayPartnersActusRayPartners is a Hong Kong headquartered asset management company equally co-founded by Andrew Alexander, Raymond Chan, and Patrick Cheung in 2019. Several members of the team previously worked together in the Quantitative Hedge Funds division of Macquarie Group. Today, ActusRayPartners comprises 26 members based in Hong Kong and Sydney, managing ~US$770 million (as of 31 August 2024) across Europe and Asia.ActusRayPartners employs a Discretionary Probabilistic Investing process which is a synthesis of: (1) a quantitative base, and (2) discretionary adjustments to address quantitative deficiencies. The quantitative base uses fundamental, sentiment, technical and alternative data, and employs advanced statistics, natural language processing and artificial intelligence techniques. The discretionary work focuses on addressing challenges with purely systematic processes and is not fundamental, macro or flow driven.About Sun Hung Kai & Co and Sun Hung Kai Capital PartnersSun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging on its deep-rooted Asian heritage, SHK & Co supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 30 June 2024, the Group held about HK$39.5 billion in total assets. For more information about SHK & Co, please visit www.shkco.com / follow the Company on LinkedIn.Founded in 2020, Sun Hung Kai Capital Partners (“SHKCP”) is the Hong Kong SFC regulated subsidiary of SHK & Co, with Type 1, 4 and 9 licenses. For more information, please visit: www.shkcapital.com / follow SHKCP on LinkedIn. For media enquiries, please contact:Hill and KnowltonJoanne Lam +852 9839 6552Lynn Zhang+852 9794 5751Email: SHKCo@hkstrategies.com24/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.comEQS
Tue, Sep 24
