Israeli pension funds are expected to get a waiver that will allow them to invest in four new high-tech funds for which the government issued new tenders this week. The new mutual funds, issued on Sunday and meant for both private and institutional investors, are to be traded on the Tel Aviv Stock Exchange, TASE. […]
Read moreCryptocurrencies 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 […]
Read moreSouth 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, […]
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