Staff Writer

StanChart To Dispose Assets Worth $4.4 Billion in Asia Including $1.4 Billion in India

StanChart has reportedly been considering for disposing of risk weighted assets worth $4.4 billion in India, China, Indonesia and Malaysia. To be liquidated assets in India will worth around $1.4 billion following an internal classification of businesses with risk for default. The move is going to take place since the lender pares its balance sheet after booking record impairments.

Read Full Article

Accel Announced New $500 Million Fund Targeting European and Israeli Startups

Palo Alto-based venture firm Accel has raised a new fund. The fund is targeting the next generation of entrepreneurs in Europe and Israel.

Read Full Article

Charter Communication CEO Met FCC Regarding Acquisition of Time Warner Cable

Tom Rutledge has met FCC chairman Tom Wheeler last week to talk the acquisition. As the merger has already been past its late March informal deadline for approval.

Read Full Article

Former Top Advisor Proposed Regional Fed Banks To Be Public

Dartmouth College Professor Andrew Levin, former advisor to Janet Yellen made a proposal to reform the Fed. He also suggest the Fed to be reviewed by GAO annually.

Read Full Article

Facebook shares raised to $154 by Pivotal analysts

Pivotal raised its objective price on Facebook's shares from $136 to $154 and restated a buy rating for the company, suggesting 51% upside to Tuesday's ending price.

Read Full Article

Chinese stocks show positive movement as Japan's Nikkei Stock drops

Chinese stocks rose on Monday over the belief that lenient inflation data would promote policymakers to elevate the economic condition by additional financial easing. The benchmark Shanghai composite Index in China ended the trading session at 30333.96.

Read Full Article

Nippon's 92 cents sensor gains amid growing interest in robot cars

The market share of Nippon Ceramic's 92 cents sensor increased amid the growing interest in the autonomous driving sector. Automakers like Ford Motor and Toyota Motor along with technology companies like Google, Alphabet, and Baidu intend to unveil robot cars within the next five years.

Read Full Article

HTC Revealed Flagship Phone HTC 10 Ahead of Tuesday Launching

The Taiwanese company unveiled its new smartphone prior to launching. The smartphone is available in three colors.

Read Full Article

PetroChina Reported $162 Billion Liability As Oil Price Continues to Plunge

China's oil giant reported a 67% drop in profit. PetroChina reported its worst profit in 15 years which brought liability to $162 billion.

Read Full Article

European Stock Extended Last Week's Gain Led by Banking and Commodity Sectors

Stoxx Europe 600 Index continued last week's gain. The index sets a new course for the first back-to-back advance in two weeks.

Read Full Article

Dollar Touched the Lowest Point Against Yen in 17 Months on Monday

Japanese yen surged against dollar on Monday. Speculation from non-Japanese short-term currency players pushed the currency to the highest point against dollar.

Read Full Article

U.S. Consumers Prefer Sweeteners Made From Sugarcane Over Sweeteners Made From GMO Beets

Mexico will ship up to 500,000 metric tons of sugar to U.S. without any modification on the agreement being signed by the two nations on December 14. U.S. consumers prefer sweeteners from sugarcane over sweeteners manufactured from genetically modified beets.

Read Full Article

Kansas City Says Farewell to Google Fiber's Free Internet Option

Google Fiber is now phasing out its free internet option in Kansas City. For existing customers, they may continue usign the service. For subscribers to take advantage of the free internet option, they have to pay an installation fee of $300.

Read Full Article

British Retailer Iceland Innovates to Take On German Competitors

In a battle with German's budget stores, Aldi and Lidl, Iceland introduces its food warehouse concept. The concept is an advancement of its old style format with cash-and-carry style.

Read Full Article

Venture Capital Investment in China Surged Amidst Global Slowdown

Investments in Chinese tech companies had a 50% surge in the first quarter of 2016. Nevertheless, many of the investments were spent in the big startups.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics