Search Results for: CIF
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
China leads FinTech industry in Asia
February 21st, 2017
China is home to six of the world’s 22 venture capital-backed financial technology ‘unicorns’ — start-ups valued from US$1 billion Mega deals in China drove the total amount of funding raised by venture capital-backed financial technology start-ups in Asia to ...
Asia stocks consolidate recent gains; China shines
February 21st, 2017
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest economy may have turned a corner. MSCI’s broadest index of ...
DBS to hire 100 developers via first-of-its-kind hackathon
February 20th, 2017
DBS today announced plans to hire 100 developers skilled in emerging and disruptive technologies, as it ups the ante on reimagining banking. The new jobs will help DBS cement its position as a leading digital bank. Taking an innovative ...
SGX consults public on dual class share structure
February 20th, 2017
Singapore Exchange (SGX) is consulting the public on whether a dual class share (DCS) structure where certain shares have higher voting rights than others, should be introduced and if so, what safeguards might be appropriate. DCS structures may be ...
Samsung head arrested for corruption scandal involving South Korea president
February 20th, 2017
Samsung‘s would be head Lee Jae-yong (Jay Y Lee) was arrested in Seoul on Friday on charges of bribery and undue influence in connection with a scandal involving South Korea President Park Geun-hye. In approving the warrant ...
European Parliament calls for robot law
February 17th, 2017
EU-wide rules are needed for the fast-evolving field of robotics, e.g. to enforce ethical standards or establish liability for accidents involving driverless cars, say MEPs in a resolution voted on Thursday. MEPs ask the EU Commission to propose rules ...
IBM and Visa turn automobiles, appliances and all other connected devices into potential Points of Sale
February 17th, 2017
IBM Watson IoT to Provide Access to as Many as 20 Billion Devices for Visa in the Next Five Years Companies Share Vision for Commerce Based IoT at First Ever IBM “Genius of Things” Summit IBM (NYSE: IBM) and Visa ...
Uber just lost a crucial court ruling – which might push up the price of a fare
February 17th, 2017
So it turns out an Uber is actually a taxi – at least for tax purposes. That’s the upshot of a Federal Court judgment handed down on Friday. Uber had fought an 18-month battle to avoid GST, but will now ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
