The ‘big short’ gets it right Posted on January 10, 2016 by BLOOMBERG One of the most widely anticipated films of the holiday season was released to big audiences and wide acclaim. It ...
Two brothers make millions off refugee crisis Posted on January 9, 2016 by BLOOMBERG It’s a scene that could possibly warm even the two-sizes-too-small heart of the Grinch. Here in a little village in ...
Uber to drop prices in 80 cities Posted on January 9, 2016 by BLOOMBERG Uber Technologies will drop prices in 80 North American cities on Saturday. The ride-hailing company hopes the move ...
US shares open higher as payrolls gain Posted on January 8, 2016 by BLOOMBERG The Standard & Poor’s 500 Index rose from a three-month low after China moved to restore calm to its sinking ...
Aramco mulls going public Posted on January 8, 2016 by BLOOMBERG Saudi Arabian Oil Co, the world’s biggest crude oil producer, confirmed it is considering a potential initial ...
Analysts say China needs bigger yuan depreciation Posted on January 8, 2016 by BLOOMBERG The yuan, which has fallen 5% since China’s central bank devalued the currency in August, probably needs to fall an ...
China’s 29 minutes of chaos Posted on January 8, 2016 by BLOOMBERG Even by the rough-and-tumble standards of China’s stock market, it was a chaotic 29 minutes. With share prices ...
Lenovo unveils smartphone powered by Google’s Tango Posted on January 8, 2016 by BLOOMBERG Lenovo Group Ltd has unveiled a smartphone that can see and maps out its surroundings with help from an Alphabet ...
Indonesia plans to sell dollar sukuk for 6th straight year Posted on January 8, 2016 by BLOOMBERG Indonesia plans to sell dollar Islamic bonds, kickstarting 2016’s sovereign issuance after the poorest showing for ...
Bank Indonesia: Reserves rise to US$105.9 billion in Dec Posted on January 8, 2016 by BLOOMBERG Bank Indonesia indicated its foreign- exchange reserves increased US$5.7 billion (RM25.04 billion) to US$105.9 ...
Volvo sees continued growth in 2016 Posted on January 8, 2016 by BLOOMBERG Volvo Car Group predicted its third consecutive record in annual auto sales in 2016 as the Swedish company adds to ...
China remains key engine for growth, says UBS Posted on January 8, 2016 by BLOOMBERG UBS Group AG’s new Asia head said she’s looking past the turmoil roiling China’s markets in the past six months and ...
Apple buys AI startup Emotient Posted on January 8, 2016 by BLOOMBERG Apple Inc bought the artificial intelligence startup Emotient that specialises in facial recognition technology ...
Samsung’s profit miss reflects sputtering global demand Posted on January 8, 2016 by BLOOMBERG Samsung Electronics Co’s profit miss is the latest sign the global smartphone market is running out of steam, ...
Hyundai mulls making luxury cars in China Posted on January 8, 2016 by BLOOMBERG Hyundai Motor Co is weighing plans to build its new luxury Genesis cars in China to overcome import tariffs that ...
Asian stocks rise in volatile trading Posted on January 8, 2016 by BLOOMBERG Asian stocks advanced in volatile trading, with the regional measure paring its steepest weekly slump since 2011. ...
Oil trims losses to rebound from 12-year low Posted on January 8, 2016 by BLOOMBERG Oil pared a second weekly drop as prices rebounded from a 12-year low amid turmoil in China’s markets. Futures rose ...
M’sia’s reserves exceed US$95 bil first time since Sept Posted on January 8, 2016 by BLOOMBERG Malaysia’s foreign-exchange reserves rose above the US$95 billion (RM417.3 billion) mark for the first time since ...
China’s foreign reserves post 1st yearly drop since 1992 Posted on January 7, 2016 by BLOOMBERG China’s foreign reserves shrank last year for the first time since 1992, ending a 22-year ascent that began under ...
MACC detains officials in Pahang bauxite mine probe Posted on January 7, 2016 by BLOOMBERG Malaysia detained four government officials on suspicion of taking bribes as it expanded a crackdown on bauxite ...
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