Investors should not be put off by the price volatility for cryptocurrencies like bitcoin and ethereum because these digital assets are still very new and offer nearly unparalleled returns, experts told CNBC. On Tuesday, ethereum’s price fell below $200 for the first time since May 30; the cryptocurrency has fallen more than 50 percent since […]

China’s ambassador to the United States has said reports of trade growth between his country and North Korea, in spite of international efforts to press Pyongyang to give up its nuclear and missile programs, give “a distorted picture.” Last week President Donald Trump denounced China’s trade with North Korea, saying it had grown almost 40 […]

The United States and Qatar signed an agreement on combating terrorism and its financing during a visit to Doha by US Secretary of State Rex Tillerson, his senior adviser R.C. Hammond told reporters. “Qatar and the United States have signed a memorandum of understanding between the two counties outlining future efforts Qatar can take to […]

Singapore state-owned investment company Temasek reported Tuesday that its portfolio rose to a record 275 billion Singapore dollars (about $198.6 billion) — up 13 percent year-over-year in local terms — for the year ended March 31. For the longer term 10-year and 20-year total shareholder return (TSR), one of Temasek’s key metrics for itself, the […]

Cryptocurrencies need to be regulated or they risk going out of control as more people invest in these digital assets, the head of a major Chinese bitcoin exchange platform warned on Tuesday. Bitcoin and ethereum, two popular cryptocurrencies, have seen rapid price swings in recent months. In May, a 19 percent price fall for bitcoin […]

South Korea‘s intelligence agency does not believe North Korea has secured re-entry capabilities for its intercontinental ballistic missile (ICBM) program, a South Korean lawmaker said on Tuesday, disputing Pyongyang’s account. North Korea launched what was said to be a nuclear-capable ICBM last week as it presses on with its nuclear and missile programs in defiance […]

Singapore-based private equity firm Quadria Capital is growing in Vietnam and expanding its holdings in Singapore as it looks to grow its influence in Asia’s trillion-dollar health care space. “Health care is going through a huge amount of change,” Abrar Mir, Quadria Capital co-founder and managing partner, told CNBC’s “The Rundown.” “Total health care spending […]

BEIJING, China — Chinese tech firm Xiaomi plans to flood the world with 2,000 new stores within the next three years, a company executive told CNBC. Half of those shops will be opened overseas with partners and the other half will be owned and operated by Xiaomi in China, and it’s all part of the […]

U.S. President Donald Trump‘s son was told in an email that he would receive compromising information on Hillary Clinton as part of a Russian government effort to aid his father’s campaign, the New York Times reported Monday, citing three sources. The sources told the newspaper that the 2016 email to Donald Trump Jr., which aimed […]

Singapore’s state-owned investment company Temasek was expected to report a sharp recovery in portfolio value, according to one investment bank’s estimate. CIMB was forecasting Temasek’s net portfolio value would rebound 12-15 percent to a record $273 billion to 278 billion Singapore dollars, ($197.47 billion-$201.09 billion) for the year ended March 31. The results were due […]