China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said. Under the leadership of Chairman Guo Shuqing, the China Banking Regulatory Commission (CBRC) started the year promising a “windstorm” to […]
Read moreA Japanese foreign ministry spokesman on Sunday welcomed tougher U.N. sanctions on North Korea over its missile tests and said it was time to exert more “effective pressure” on Pyongyang rather than to pursue dialogue. “Now is not the time for dialogue but the time to increase effective pressure on North Korea so that they […]
Read moreChina’s foreign minister said on Sunday new U.N. Security Council sanctions on North Korea were the right response to a series of missile tests, but dialogue was vital to resolve a complex and sensitive issue, now at a “critical juncture”. Wang Yi, in what he described as “very thorough” bilateral talks on Sunday with North […]
Read moreA long-awaited boost in iPad sales may have been news this week to Apple investors, but it was no surprise to Marty McDonough, who develops apps for the company’s mobile platform, iOS. McDonough says his latest project was not only built for Apple’s tablet computer, but that its very existence was inspired by the high-end […]
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ROLE models for women in business are still too rare, not least in Britain. Last November an independent review backed by the government urged FTSE 100 companies to raise the share of women on their boards from 27% to 33% by 2020. Sadly, that push this week lost one of its leading champions, Helen Alexander, […]
Read moreGoogle recently announced a new head of diversity, just as it has had to deal with a controversial 3,000-word internal memo sent across the company by an employee. It contains a series of what I can only describe as sexist twaddle, wrapped in the undeserved protection of free speech. (Hey bros who don’t agree, that’s […]
Read moreFledgling businesses rarely command seed or venture funding right out of the gate. But they still need cash to get started. While entrepreneurs have more capital sources than ever before, they’re also faced with a ton of misinformation. For example, a PwC report last month raved about crowdfunding and how it’s helping female founders get […]
Read moreAs the Chinese government develops drones, the American technology giant Qualcomm is helping. The same goes for artificial intelligence, mobile technology and supercomputers. Qualcomm is also working to help Chinese companies like Huawei break into overseas markets in support of China’s “go global” campaign to develop big multinational brands. Qualcomm is providing money, expertise and […]
Read moreSan Francisco’s Potrero Hill neighborhood is home to hilly streets, views of the Bay Bridge—and the Crypto Castle, a three-story home where a half dozen cryptocurrency entrepreneurs live and collaborate. Jeremy Gardner is a co-founder of the Crypto Castle, initially both a home and the headquarters of start-up Augur, a decentralized prediction market platform. “We […]
Read moreA $7 box of Cheerios was the impetus behind the launch of an online retailer. When Boxed CEO Chieh Huang was growing up in suburban New Jersey, going to Costco forerunner Price Club was a family ritual. “Every other weekend, I’d go with my parents and stock up, ” he tells CNBC’s On The Money […]
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