European markets are expected to open slightly higher on Wednesday morning, as the long-awaited U.S. tax overhaul wound its way through Congress. The FTSE 100 is poised to open little changed at 7,537; while the DAX is seen up 50 points at 13,264 and the CAC 40 is set to open 15 points higher, according […]
Read moreThe millions of Chinese nationals who travel across the world carry enormous clout. Investors in South Korea just got another painful reminder. Stocks in South Korea sensitive to developments with neighbor China fell Wednesday, lagging the benchmark Kospi index, which was mostly flat at 11:25 a.m. HK/SIN. Those so-called THAAD-related stocks—named after the anti-missile system—include […]
Read moreCoinbase, the leading platform for buying and selling bitcoin in the United States, said Tuesday that customers can now buy and sell bitcoin cash. “Sends and receives are available immediately. Buys and sells will be available to all customers once there is sufficient liquidity on GDAX. We anticipate that this will take a few hours,” […]
Read moreIslamic finance has traditionally been dominated by Muslim-majority countries in the Middle East and Southeast Asia. Now much of the rest of the world is getting in on it. Buoyed by the perception of more tranquil market conditions and an improving regulatory backdrop, issuance of Islamic debt by non-Muslim countries is set to climb to […]
Read moreIntel CEO Brian Krzanich told employees on Tuesday that the company will take more risks going forward and he said change will be the “new normal.” In an internal memo that was sent to CNBC, Krzanich acknowledged “innovation” inside Intel’s client computing business — its biggest segment — but said the biggest opportunities are in […]
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