Business News
Facebook to invest $1 billion in first Asian data centre in Singapore
Facebook said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore, slated to open in 2022.
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Business News
Facebook to build first Asian data center in Singapore
Facebook said on Thursday it will build its first data center in Asia in Singapore, investing more than $1 billion.
Trading Ideas
N.Korea media: Kim vows nuclear-free Korea amid standoff
North Korean leader Kim Jong Un reaffirmed his commitment to a nuclear-free Korean Peninsula amid a growing standoff with the United States, his state-controlled media reported Thursday after a South Korean delegation met him to set up an inter-Korean summit. The statement from the Korean Central News Agency wasn’t new information — Kim has repeatedly declared similar intentions before — but allows hopes to rise that diplomacy can get back on track after the recriminations that followed Kim’s meeting in June with U.S. President Donald Trump in Singapore. The impasse between North Korea and the United States, with …read more […]
Business News
Facebook to build first Asian data center in Singapore, investing over $1 billion
Facebook said on Thursday it will build its first data center in Asia in Singapore, investing more than $1 billion.
Business News
Asian shares extend losses on trade, emerging market anxiety
Global equities remained under pressure with stocks in Asia down for the sixth straight day on Thursday amid fragile investor confidence in the wake of turmoil in emerging markets and anxiety about a major escalation in the U.S.-China trade conflict.
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Ether, ADA Crypto Prices Hit Lowest Levels In Over 1 Year
Ethereum, the world’s second-largest cryptocurrency by market capitalization, fell to its lowest price of 2017 on Wednesday. …read more […]
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Macy's Gets No Respect — That Spells Opportunity for Investors
Macy’s stock has retreated in recent weeks despite a solid Q2 earnings report. Analysts keep piling on with negative outlooks. But Macy’s long-term market position is stronger than it may seem. …read more […]
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Trump rips searing Times op-ed from unnamed senior official
In a striking anonymous broadside, a senior Trump administration official wrote an opinion piece in The New York Times on Wednesday claiming to be part of a group of people “working diligently from within” to impede President Donald Trump’s “worst inclinations” and ill-conceived parts of his agenda. Trump said it was a “gutless editorial” and “really a disgrace,” and his press secretary called on the official to resign. The writer, claiming to be part of the “resistance” to Trump but not from the left, said, “Many Trump appointees have vowed to do what we can to preserve our …read more […]
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How to Build a Retirement Savings Without a 401k
Employers don’t allow you to contribute to your 401k outside of payroll, which means you can’t add extra cash to your account unless it’s funneled from your paycheck via automatic deposit. Here’s what you can do to prepare for retirement by maximizing your 401k contributions. …read more […]
Business News
Justice Department probes whether social media is ‘stifling’ speech
The U.S. Department of Justice and state attorneys general will meet this month to discuss concerns that social media platforms are “intentionally stifling the free exchange of ideas,” the department said on Wednesday.
Business News
NAFTA talks make progress; U.S., Canadian officials to work into night
The United States and Canada have made progress in talks to revise the North American Free Trade Agreement, and officials from the two sides will work together into the night to flesh out areas for further discussion, Canadian Foreign Minister Chrystia Freeland said on Wednesday.
Business News
Virgin Australia strategy, CEO search complicated by airline investors
Under CEO John Borghetti, Virgin Australia Holdings Ltd transformed from a budget airline into a serious rival to Qantas Airways Ltd with the backing of strategic investors including Singapore Airlines Ltd and China’s HNA Group.
Business News
U.S.-Canada NAFTA negotiators to work Wednesday night, Thursday: Freeland
Canadian Foreign Minister Chrystia Freeland said that U.S. and Canadian negotiators would continue to talk late into Wednesday evening to try to reach agreement on bilateral terms to reach a new North American Free Trade Agreement.
Business News
Freddie Mac CEO to retire in second half of 2019
Freddie Mac , the No. 2 U.S. mortgage finance company, said on Wednesday Chief Executive Officer Donald Layton would retire in the second half of 2019, after six years at the helm.
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Palo Alto Networks (PANW) Dips Ahead of Earnings: What to Expect
Shares of Palo Alto Networks (PANW) dipped 3% on Wednesday, just one day before the cybersecurity firm is scheduled to release its latest quarterly earnings report. Here’s what to expect tomorrow. …read more […]