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 […]
Read moreSingapore-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 […]
Read moreBEIJING, 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 […]
Read moreTrump's son reportedly was told anti-Hillary info was part of Russian government plan before meeting
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 […]
Read moreSingapore’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 […]
Read moreNorth Korea‘s refusal to drop its nuclear weapons program may have a lot to do with the fate that met another would-be nuclear power’s dictator just a few years ago. Pyongyang’s ongoing development of nuclear weaponry — including the successful launch last week of a missile that could potentially reach the United States — has […]
Read moreAs goes Silicon Valley, so goes millennials’ money. The top five holdings for young adults are all tech stocks, and none are dividend-yielding stocks sought by the general investing population, according to a report from TD Ameritrade. Millennials’ top stock, Apple, is the world’s most valuable company, reaching a market capitalization of more than $800 […]
Read moreWhen asked about toy company Mattel in the lightning round, Jim Cramer had to make the point that when it comes to toys, one company is the all-around winner. “No, Hasbro,” the “Mad Money” host said. “Hasbro. [CEO Brian] Goldner has been on the show many times, and I still like Hasbro, even up here, […]
Read moreAmazon Prime Day begins at 9 p.m. ET Monday, and Jim Cramer has little doubt that the event will exceed even Wall Street’s grandiose expectations. “The consensus here is that this makeshift holiday will produce gains of up to 20 percent year over year, new benchmark, which would make it a day that will live […]
Read moreWarren Buffett’s Berkshire Hathaway and Paul Singer’s Elliott Management both have eyesfor Oncor, the largest electric utility in Texas, and CEO Bob Shapard has a sound process for deciding who will win in the bidding battle for his bankrupt company. “You start with the current bid. Berkshire Hathaway’s a great fit for us, and they’d […]
Read more