In self-ruled Taiwan, fears of a military invasion from the world’s second-largest economy are growing. Following Beijing’s increased military drills near the East Asian island, which China considers as part of its own, Taiwanese President Tsai Ing-wen said in a televised broadcast last week that she did not exclude the possibility of a full-blown attack. […]
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European stocks seen higher as investors await economic data, earnings
European markets are set to open higher on Monday morning, with investor sentiment expected to be buoyed by a market rally in Asia. The FTSE 100 is expected to start 16 points higher at 7,681, while the DAX is seen up 48 points at 13,382 and the CAC 40 is set to open 18 points […]
Read moreA huge sell-off in the bond market is about to make buying a home more expensive. Mortgage rates, which loosely follow the yield on the 10-year Treasury, have been rising for the past few weeks, but are seeing their biggest move higher Monday. “Bottom line, rate sheets are going to be ugly this morning,” wrote […]
Read moreThe more than $500 million cryptocurrency heist at a major Japanese exchange last week is unlikely to be the last such hack, according to a Wall Street analyst. “I think [the attack] does highlight the fact that the industry still has a long way to go in terms of basic issues of security,” Nicholas Colas, […]
Read moreFord Motor said on Monday that its China chief Jason Luo has resigned after leading the U.S. automaker’s China operations for roughly five months. Luo’s resignation was effective immediately, the company said in a statement. In his role, Luo was responsible for leading Ford’s operations in Greater China including its import business, Lincoln, its passenger […]
Read moreAn online heat map that shows where some people exercise could have revealed sensitive information about the locations and activities of soldiers at U.S. military bases, The Washington Post reported. Strava, the company behind the heat map, calls itself a “social network for athletes.” Users connect a GPS device to its service that allows them […]
Read moreThe first official Belt and Road bond in China’s domestic market has introduced a new financing instrument for the massive infrastructure initiative but offered few advantages for the issuer. Hongshi Holding Group, a privately owned cement maker, printed the $300 million yuan ($47 million) three-year corporate bond on the Shanghai Stock Exchange on January 19. […]
Read moreNational security officials in the Trump administration are looking at options where the U.S. government could take over a part of the country’s mobile network as a way of guarding against China, news outlet Axios reported. Axios, citing sensitive documents it obtained, said there are two options up for consideration: First, the U.S. government could […]
Read moreSupport for India’s ruling political party has been fading outside urban areas — and that could mean good things coming for farmers. New Delhi is likely to focus attention on rural areas in its upcoming annual budget, set for release on February 1, in an attempt to shore up political support there. Large swaths of […]
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