Bitcoin‘s meteoric rise is reminiscent of how Skype started out, a former executive at the online phone and messaging service has said. “We’re seeing this tremendous interest from the rest of the world which is, for normal people, beginning to get terribly interesting,” Michael Jackson, Skype’s former chief operating officer, told CNBC during a phone […]
Read morePresident Donald Trump has signaled his intention to tighten immigration policies, but that has not stopped Chinese students from enrolling in the University of California, an executive from the university said Friday. In 2016, nearly 20,000 students from China enrolled in the university, almost 10 times more than 2000, said Christine Gulbranson, senior vice president […]
Read moreChina could take the lead in the self-driving car market because of its ability to make regulatory decisions relatively quickly, according to an investment advisory firm. Driver-less technology is one of several sources of disruption that traditional automakers are facing today. While many U.S. start-ups and large companies have been extensively working on this new […]
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European shares seen mostly higher as Brexit talks reach crucial stage
European markets are expected to open mostly higher on Friday morning, as investors turn their attention to Brussels, where news surrounding Brexit negotiations are due to be announced. On the bourses front, the U.K.’s FTSE 100 is expected to open 9 points lower at 7,311, however the German DAX is set to open 69 points […]
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After nearly a decade of economic crisis, Greece has stopped dreaming
Following nearly 10 years of economic recession, the future of the Greek economy has finally started to brighten up. The Greek people, however, have stopped dreaming about their own future. Greece has seen economic growth consecutively in the last three quarters and is set to reach 1.6 percent of growth this year, according to forecasts […]
Read moreBitcoin dropped to as low as $14,566.81 Friday just after 1:30 p.m. SIN/HK, according to industry site CoinDesk. That was a nearly 14 percent decline from earlier high’s on the day of $17,153.94, according to the site which averages prices from major exchanges. In fact, bitcoin had actually rocketed above $19,000 on Thursday on the […]
Read moreBritish Prime Minister Theresa May will meet European Union chief executive Jean-Claude Juncker before dawn in Brussels on Friday as the two sides seek to clinch a deal to open talks on post-Brexit trade. May will meet the European Commission president at 0600 GMT, with a news conference to follow half an hour to an […]
Read moreAustralia and China are at loggerheads over Beijing’s attempt to influence politics Down Under. Last week a prominent Australian lawmaker was forced out amid accusations about his involvement with Beijing, and, earlier this week, Australian Prime Minister Malcolm Turnbull cited “disturbing reports about Chinese influence” while announcing proposals to clamp down on foreign meddling in […]
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You can do almost anything now on a single mobile device. But in China, you can do almost anything on just one single app: Weixin — known as WeChat outside of China. Tencent, the company behind the massively popular app, is China’s biggest social network and gaming company. It’s now one of the most valuable […]
Read moreHong Kong-based private equity and venture capital firm First Eastern Investment Group is betting big on China’s burgeoning financial technology sector, its chairman and chief executive told CNBC. “I’m putting my money on Chinese fintech, particularly the payments sector going global,” Victor Chu said Friday on the sidelines of the Fortune Global Forum in Guangzhou, […]
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