Ukraine said on Saturday that Russian security services were involved in a recent cyber attack on the country, with the aim of destroying important data and spreading panic. The SBU, Ukraine’s state security service, said the attack, which started in Ukraine and spread around the world on Tuesday, was by the same hackers who attacked […]
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The financial markets of Hong Kong have become increasingly intertwined with the mainland through the years, with the launch of the Shenzhen Connect in December last year an example of ongoing developments. Of the 1,995 companies listed on Hong Kong’s main board and Growth Enterprise Market in 2016, 989 were mainland companies, according to data […]
Read moreCurrency, United States Finance
China's Xi talks tough on Hong Kong as thousands protest for democracy
Chinese President Xi Jinping swore in Hong Kong’s new leader on Saturday with a stark warning that Beijing won’t tolerate any challenge to its authority in the divided city as it marked the 20thanniversary of its return from Britain to China. Police blocked roads, preventing pro-democracy protesters from getting to the harbour-front venue close to […]
Read moreYears before the venture investor Justin Caldbeck made unwanted advances toward the female founders who just came forward about the behavior, he made the CEO of Stitch Fix feel uncomfortable enough that she requested his removal as his firm’s observer to her board of directors, according to multiple sources. The CEO, Katrina Lake — who […]
Read moreUnless you are born with a silver spoon in your mouth, accruing wealth does not come easily, which is why Jim Cramer is so passionate about helping investors find a viable financial strategy. “Thanks to the magic of compounding, the earlier in your life you start investing in the market, the bigger your long-term gains […]
Read moreOnline real estate broker Redfin is preparing to sell shares to the public, filing on Friday to raise up to $100 million. Goldman Sachs is leading the IPO for Seattle-based Redfin, which specializes in buying and selling homes and uses a mobile app to do tasks like schedule home tours and suggest listings. Revenue in […]
Read moreJim Cramer loves the public school system, but the truth is that it cannot be relied upon to teach children about money. “If you want your children to become fluent in the language of finance, you are going to have to do it yourself,” the “Mad Money” host said. That means not waiting until after […]
Read moreJim Cramer has not recommended bonds ever since the 2008 financial crisis because interest rates have been so low. But that does not mean that there is not a place for bonds in a portfolio. In fact, he says they play an essential role in investing, especially as investors get older. “In general, for the […]
Read moreTheir stories came out slowly, even hesitantly, at first. Then in a rush. One female entrepreneur recounted how she had been propositioned by a Silicon Valley venture capitalist while seeking a job with him, which she did not land after rebuffing him. Another showed the increasingly suggestive messages she had received from a start-up investor. […]
Read moreFirst Blue Apron, now Tintri. It’s been a lousy week for tech initial public offerings, so rough for Tintri that after slashing its offer price, the data storage company is worth about $225 million, or about $35 million less than the amount it raised as a private company. Tintri, which sells to large enterprises, and […]
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