From hacking agriculture to developing inexpensive tools for tuberculosis patients, Microsoft researchers in India are trying to solve myriad social problems in the subcontinent. India is a research and development hot-bed for large tech companies like Microsoft for several reasons: It has an increasingly middle-class young population and it has significant challenges present in society […]
Read moreSouth Korea’s stocks rallied to record highs last month and analysts turned increasingly bullish, but that may have just gotten derailed by the rising spat between President Donald Trump and North Korea’s Kim Jong Un. The benchmark Kospi index climbed to a record intraday high of 2453.17 in late July, which at that point was […]
Read moreRecreational vehicles (RVs), caravans, campervans or motorhomes – whatever size they are and whatever you call them, they are back and picking up a new generation of eager fans just wanting to hit the road. Europe has seen a resurgence in leisure vehicle purchases, with consumers once again opting for these “big-ticket items” after the […]
Read moreGlobal markets have finally begun to catch up with the worry that North Korea has aroused in people around the world, but two targets of communist dictatorship remain relatively unfazed. South Korea, the country closest to Pyongyang’s nuclear arsenal, and Guam, the U.S. island that dictator Kim Jong Un enjoys threatening directly, are both monitoring […]
Read moreChinese internet giants Tencent, Baidu and Sina Weibo are under investigation for potential cyber-security violations, the mainland’s office for cyberspace administration said on Friday. According to earlier investigations, the social media platforms of these companies — WeChat, Tieba and Weibo respectively — have users spreading “violent, terror, false, rumored, and pornographic information that damages national […]
Read moreSlowing economic growth in China is spurring its top leadership to expand the country’s influence beyond its shores — a development that was most recently on display at an annual forum of the Association of Southeast Asian Nations. Over the weekend meeting, foreign ministers grappled with how to refer to differences in the South China […]
Read moreSingapore’s economic growth accelerated in the second quarter, with its gross domestic product rising 2.9 percent on-year, beating a Reuters poll forecast for 2.6 percent growth. Quarter-on-quarter, the economy expanded by 2.2 percent on a seasonally-adjusted annualized basis, compared with a Reuters poll forecast for just 0.5 percent growth. Manufacturing was a key driver of […]
Read moreU.S.-North Korea geopolitical tensions came to the fore once again as Asian stocks remained pressured and demand for safe haven assets remained intact in Friday trade. South Korea’s benchmark Kospi index fell 1.69 percent, driven by losses in tech and retail stocks. Samsung Electronics and SK Hynix sank 2.61 percent and 4.04 percent respectively, while […]
Read moreTwo newly public tech companies reported earnings on Thursday, and both were ugly for their investors. Meal-kit preparer Blue Apron, which went public in late June, gave its first earnings report as a public company before the bell. It missed earnings expectations by a wide margin — losing 47 cents a share instead of the […]
Read moreIf the world’s largest economy wishes to avoid full-blown conflict with North Korea, President Donald Trump may need to adopt the measured style of Secretary of State Rex Tillerson instead of engaging in a war of words with the rogue nation. Two days after Trump’s “fire and fury” ultimatum to North Korean leader Kim Jong […]
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