
MoneyHero Group Regains Compliance With Nasdaq Minimum Bid Price Requirement
As previously announced, the Company was notified by Nasdaq on April 7, 2025 that the Company was not in compliance with the Minimum Bid Price Requirement as the closing bid price of the Company's ordinary shares was below US$1.00 per share for a period of 30 consecutive business days.
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New Straits Times
an hour ago
- New Straits Times
Liverpool to sign Hugo Ekitike in £69m deal: Reports
LONDON: Liverpool have agreed to sign Eintracht Frankfurt striker Hugo Ekitike in a deal worth an initial £69 million (US$92 million), according to reports on Monday. The Premier League champions switched their focus to Ekitike following Newcastle's refusal to sell Sweden striker Alexander Isak, who is valued at around £150 million by the Magpies. Newcastle and Manchester United were also interested in Ekitike, but Liverpool look set to win the race for one of Europe's hottest young stars. It is believed the Reds have agreed to pay a potential further £10 million in add-ons to sign the 23-year-old Frenchman, whose overall price tag could reach £79 million. Once the transfer is completed, Ekitike will link up with Arne Slot's side on their pre-season tour of Asia. Ekitike scored 22 goals in 48 games in all competitions for Frankfurt last season after joining the Bundesliga club from Paris Saint-Germain. He was an unused substitute during his side's pre-season friendly against FSV Frankfurt on Saturday, with Eintracht boss Dino Toppmoller admitting Ekitike's impending departure was "a bitter loss." Liverpool have an opening in their forward line after Diogo Jota's recent death in a car crash in Spain. The Reds are also believed to be willing to sell Uruguay striker Darwin Nunez, while Colombia forward Luis Diaz has been the target of a rejected bid from Bayern Munich. Liverpool have already splashed out £116 million on Germany playmaker Florian Wirtz, as well as signing defenders Jeremie Frimpong and Milos Kerkez from Bayer Leverkusen and Bournemouth respectively. Georgia goalkeeper Giorgi Mamardashvili has also linked up with Arne Slot's side since the end of last season after agreeing his move from Valencia in 2024.--AFP


The Star
an hour ago
- The Star
Nasdaq, S&P hit record levels as megacaps rise ahead of tech earnings
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2025. REUTERS/Brendan McDermid (Reuters) -The S&P 500 and the Nasdaq reached new record highs on Monday, bolstered by gains in megacaps as investors geared up for the week's major tech earnings, while the prospects of fresh trade deals also boosted sentiment. At 11:21 a.m. ET, the S&P 500 gained 34.97 points, or 0.56%, to 6,331.90 and the Nasdaq Composite gained 147.24 points, or 0.71%, to 21,042.87. The Dow Jones Industrial Average rose 201.87 points, or 0.46%, to 44,544.76, just 1.28% shy of its all-time high. Verizon gained 4.1% after boosting its annual profit forecast. The stock also drove up the communications sector, which emerged as the top gainer among other sectors. Most big-tech names moved higher, pushing the S&P's information technology sector up 0.6% to hit an all-time high. The spotlight was on Google-parent Alphabet and electric-vehicle maker Tesla, whose results this week will kick off the "Magnificent Seven" earnings parade, and could set the tone for Wall Street. Shares of Alphabet rose 2.1%, while Tesla dipped 0.2%. Both stocks have lagged their peers so far this year, with Tesla down 18.5% year to date and Alphabet slipping 0.2%. "It is going to be interesting to see the Tesla and Google reports," because those two are kind of "underachievers in the Mag 7 this year," said Mike Dickson, head of research at Horizon Investments. "We're going to need these earnings reports to just really knock it out of the park if we want to see this little leg of the rally continue." Despite U.S. President Donald Trump's August 1 tariff deadline, the S&P 500 and the Nasdaq reached new heights recently as investors believed that the economic fallout from tariffs might not be as dire as once feared. Trump has threatened to slap 30% tariffs on imports from Mexico and the EU, and sent letters to other trading partners, including Canada, Japan and Brazil, setting blanket tariff rates ranging from 20% to 50%. Investors were expecting some progress in trade talks after U.S. Commerce Secretary Howard Lutnick on Sunday expressed confidence over striking a trade deal with the European Union. However, EU diplomats said the 27-member bloc is exploring a broader set of possible counter-measures against the United States, as hopes for a breakthrough deal with Washington dwindled. On the economic data front, investors will keep a close eye on jobless claims figures and the July business activity report, expected on Thursday. They will also closely analyze Federal Reserve Chair Jerome Powell's remarks on Tuesday for any clues on the central bank's next move, especially after last week's mixed inflation signals. Traders have largely ruled out a July rate cut, and are now pegging the odds at about 56% for a September reduction, according to CME Group's FedWatch tool. Advancing issues outnumbered decliners by a 3.02-to-1 ratio on the NYSE, and by a 2.58-to-1 ratio on the Nasdaq. The S&P 500 posted 15 new 52-week highs and 5 new lows, while the Nasdaq Composite recorded 73 new highs and 34 new lows. (Reporting by Nikhil Sharma and Pranav Kashyap in Bengaluru; Editing by Maju Samuel and Shinjini Ganguli)


The Sun
3 hours ago
- The Sun
Johor Bahru bus drivers strike disrupts Singapore commute
JOHOR BAHRU: Private employee Saiful Umar, 37, was among thousands caught off guard when around 100 Malaysian bus drivers operating to Singapore suddenly went on strike early this morning at the Sultan Iskandar Building (BSI). 'I was shocked, there was no information at all (on a strike),' he said. Passengers arriving as early as 5 am found no bus services, forcing some to walk one to two kilometres across the Johor Causeway to reach workplaces in Singapore. Saiful, who had to walk nearly two kilometres to Woodlands before getting a ride back to Tampoi, expressed frustration over the lack of prior notice. 'This situation is not only inconvenient but also affects our work and image,' he told Bernama. A viral video showed crowds at BSI at 5.30 am due to the halted bus services. Reports suggest the strike stemmed from drivers' dissatisfaction over salary adjustments and allowance cuts, allegedly reducing their monthly pay from RM2,800-RM2,900 to below RM2,000. Another passenger, K. Ramesh, 40, called the situation 'ridiculous,' urging the bus company to resolve the issue swiftly. 'This affects our daily routine and careers,' he said. Bus driver Atoi, 35, confirmed about 100 drivers began striking at 5 am in protest. By evening, services resumed, with no further disruptions observed. Johor Public Works Committee chairman Mohamad Fazli Mohamad Salleh confirmed the incident, having monitored operations with Singapore's LTA and bus operators earlier. – Bernama