Trade volume and activities have been going up within Asia, but that could soon change depending on which way trade tensions between the U.S. and China swing. In the past year, growth in Asian trade corridors has increased, according to data derived from Citi’s support of clients’ trading activities. The bank’s client business between South […]
Read moreNearly three weeks since North Korean ruler Kim Jong Un committed to complete denuclearization, multiple signs have emerged of expanding activity at his country’s nuclear facilities. If the reports are true, that would mean Kim has yet to take concrete steps to fulfill the pledge he made at a historic summit with U.S. President Donald […]
Read moreA closely watched index on China’s economic activity met expectations in June. The private Caixin/Markit manufacturing PMI came in at 51.0, slightly lower from 51.1 in May as new export sales fell for the third straight month, said a joint press release. Economists polled by Reuters had expected the Caixin/Markit index to slip to 51.0 […]
Read moreNadiem Makarim is not one to shy away from leadership. As the co-founder and CEO of Go-Jek — Indonesia’s answer to the ride-hailing phenomenon — the 33-year-old is responsible for a business spanning five countries and a growing fleet of more than a million drivers. However, the eight-year journey that got him there was not […]
Read moreAsian futures tipped a mixed open for markets in the region on Monday, the first trading day of the second half of the year, with trade tensions between the U.S. and its trading partners still a key concern for investors. Nikkei futures traded in Chicago were lower by 0.56 percent compared to the benchmark’s last […]
Read moreOn Sunday, Tesla CEO Elon Musk said the company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week. The car maker had been under intense pressure to deliver on the sedan, something seen by analysts as integral to Tesla breaking into the mainstream. Tesla has repeatedly missed production targets […]
Read moreDell Technologies plans to announce an acquisition of its publicly traded tracking stock that mirrors the performance of VMware, in a cash-and-stock deal as early as Sunday, people familiar with the matter told CNBC. The deal, which was also reported by The Wall Street Journal, will eliminate the tracking stock but will leave VMware unaffected. […]
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Google rolled out “Messages for Web” support to all Android users earlier this week. That means you can now send text messages from any web browser, whether you’re at work or at home. Apple iPhone owners have long had support for iMessage on Mac, and this is sort of Google’s answer for Android users. It […]
Read moreFacebook has admitted that it gave dozens of companies access to its users’ data after saying it had restricted access to such data back in 2015, the latest wrinkle in a firestorm over how the social network manages user information. In news first reported by The Wall Street Journal, Facebook handed a 747-page document to […]
Read moreTesla nearly produced 5,000 Model 3 electric sedans in the last week of its second quarter, with the final car rolling off the assembly line on Sunday morning, several hours after the midnight goal set by Chief Executive Elon Musk, two workers at the factory told Reuters. The 5,000th car finished final quality checks at […]
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