ASLAN Pharmaceuticals faces Nasdaq delisting over equity deficit

SAN MATEO, Calif. and SINGAPORE – ASLAN Pharmaceuticals (NASDAQ:ASLN), a company specializing in immunology-focused treatments, has been notified of a non-compliance issue with Nasdaq’s continued listing requirements. The notification, received on April 18, 2024, indicates that ASLAN did not meet the minimum stockholders’ equity of $2.5 million, as required by …

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Oil market shrugs off Israeli strikes on Iran

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil markets shrugged off Israel’s retaliatory strikes against Iran after a shortlived price spike on Friday, in a sign of investors’ confidence that the action will not escalate into a …

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S&P 500 falls for third straight week as Nvidia notches worst day since 2020

The US will vote against a UN Security Council resolution later on Thursday that would grant a Palestinian state full UN membership, killing a move proposed by Algeria. “The United States is voting no on this proposed security council resolution,” state department spokesperson Vedant Patel said, adding that Washington saw …

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Mortgage rates surpass 7% for the first time this year

Mortgage rates are on the up and up. The 30-year fixed-rate mortgage surged past 7% for the first time this year, Freddie Mac said alongside its weekly reading yesterday. Mortgage rates rose from 6.88% to 7.10% this week. Daily mortgage rates are higher, and as of the latest reading, the …

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2024 Ford Shelby Super Snake, 2025 Porsche 911: Car News Headlines

Shelby American has started its tuning program for the seventh-generation Ford Mustang with the Super Snake. The car debuted this week and offers the choice between naturally aspirated and supercharged V-8s, with the latter spitting out over 830 hp. Porsche is working on a mid-cycle update for the current 992 …

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Biden unveils winners of $2 billion in green tax credits

Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden administration. The credits announced by the Energy Department are part of a program for …

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Yuri!!! on Ice movie canceled after 7 years in production

The long gestating Yuri!!! on Ice movie has officially been canceled. The movie was announced back in 2017, though news on the production front has been scant since. After a short teaser in 2018 and a note in 2020, the production team finally announced the cancelation on X this Friday. …

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Kaiju No. 8 goes from zero-to-100 with a great first episode cliffhanger

Kaiju No. 8, the new sci-fi action anime based on Naoya Matsumoto’s ongoing Shōnen Jump Plus manga, premiered its first episode last Saturday. Produced by Production I.G (Heavenly Delusion, Ghost in the Shell) in collaboration with studio Khara (Rebuild of Evangelion), the new series is unquestionably one of the most …

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