Manhattan real estate sales and prices took a fall in the fourth quarter, and they’re likely to slide even further this year after the new tax rules take effect. Total sales volume fell 12 percent compared with the fourth quarter of last year — the lowest quarterly level in six years, according to a report […]
Read moreJust three months after Mike Cagney’s board ousted him amid allegations of sexual harassment, the founder of SoFi is already plotting his comeback. Cagney has been approaching investors in recent weeks about a new fintech startup with a plan to raise about $25 million, according to multiple people familiar with his outreach. He has pitched […]
Read moreThis year could mark a comeback for commodities, with oil potentially hitting $80 per barrel, a portfolio manager said on Wednesday. Restrained production among major oil producers and the “greater impetus” to maintain stability ahead of the widely-anticipated initial public offering of Saudi Aramco will support prices further this year, said Yoon Chou Chong, head […]
Read moreSouth Korean President Moon Jae-In has stirred up a decades-old dispute with Japan, a move that risks disrupting the international effort to contain North Korea. For years, Seoul and Tokyo have been at loggerheads over the matter of comfort women — the thousands of girls and women, many of them Korean, who were forced to […]
Read moreTencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not store any users’ chat history. That is only stored in users’ mobiles, computers and other terminals,” WeChat said in […]
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