In a worrying sign that the economy may be losing some momentum due to weak consumer spending and exports, Japan’s industrial output stalled in September. Providing further evidence that private consumption remains a drag on growth, separate data showed retail… Read More ›
Japan, where the number of foreign workers, though still relatively small, has nearly doubled over the past eight years, is giving this message: send us your construction workers, your care givers, your store clerks — but for a limited time… Read More ›
In contrast to a CNBC report, Tesla Motors has clarified that only deliveries for new orders for the Model 3 will be from 2018. There is no change in deliveries for old orders. Tesla Motors Inc. has disclosed that customers… Read More ›
Claiming that allowing exemptions to EU rules on migration would lead to a free-for-all across the bloc, German Chancellor Angela Merkel signaled a growing reluctance to grant any special trade relations to the U.K. once it leaves the European Union…. Read More ›
A second fund will be used for funding startup ventures in Southeast Asia by 500 Startups, the venture firm that successfully backed ride-hailing startup Grab. Managing Partner Khailee Ng plans to invest in 200 seed-stage companies through the $50 million Durian… Read More ›
The losing steam of Apple Inc. stocks has only made them a bargain. According to Robert Naess, who oversees 33 billion euros ($37 billion) in stocks at Nordea Bank, Scandinavia’s largest bank, the stocks of the iPhone maker is cheap… Read More ›
11 points off the Dow Jones industrial average was shaved after shares of Apple briefly dipped more than 2 percent in heavy afternoon trade on Friday. The Dow Jones was brought down as Apple is the third-greatest contributor to declines in the… Read More ›
Despite numerous sources of credit, Hanjin Shipping is still short of 270 billion won to unload all of its cargo. The non-unloading of its cargo is likely to impact the upcoming holiday shopping season. In a development that could act… Read More ›
German insurance giant Allianz said that over the past four years, 200 billion euros ($223 billion) has been lost in investment income by German households due to their overcautious attitude. Rather than investing in shares or funds, Germans lost out by keeping… Read More ›
The internet is increasingly controlled by a select few tech companies, including Google, Facebook, Apple and Amazon even though it was designed to be a massive, decentralized system that nobody controlled. And these companies are continuing to consolidate power, feels the… Read More ›
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