Jun.17 — Japanese online marketplace Mercari Inc. raised 130.5 billion yen ($1.2 billion) in an initial public offering last week, after pricing at the top of the targeted range. Investors now gear up for the start of trading on Tuesday. Bloomberg’s Pavel Alpeyev reports on “Bloomberg Daybreak: Asia.” …read more […]
Jun.17 — China is making inroads into the Pacific Island nations, building infrastructure to boost influence. One of those countries in Papua New Guinea, where Chinese workers are building a new national courthouse. Bloomberg’s Jason Scott reports on “Bloomberg Daybreak: Australia.” …read more […]
Oil prices fell further on Monday, pulled down by an expectation that producer club OPEC and its allies will increase supplies. Brent crude futures (LCOc1), the international benchmark for oil prices, were at $73.05 per barrel at 0036 GMT, down 39 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $64.24 a barrel, down 82 cents, or 1.3 percent, from their last settlement. …read more […]
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
NEW YORK (Reuters) – Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with the matter said on Sunday.
At least five people were killed and several others hurt Sunday as an SUV carrying more than a dozen people during a suspected “smuggling event” crashed while fleeing from Border Patrol agents in South Texas, authorities said. The SUV carrying 14 people went out of control at more than 100 mph and overturned on Texas Highway 85, ejecting most of the occupants, Dimmit County Sheriff Marion Boyd said. The Border Patrol said in a statement Sunday night that two other vehicles had been traveling alongside the SUV earlier in the day. …read more […]
Limited edition also rises, as does freight charge on every F-150. …read more […]
LONDON (Reuters) – Consumer goods giant Unilever , the world’s second-biggest advertiser, is cutting ties with digital media “influencers” that buy followers, saying it wants to help make advertising more transparent.
HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could also bring cheer for a small group of Asian economies that wouldn’t mind seeing their currencies weaken.
The telecom giant is ready to launch its new targeted television ad buying platform. …read more […]
Sentiment toward biotech stocks turned neutral this week amid a lack of any major sectorwide catalysts. That said, there were wild swings in select stocks in reaction to clinical trial announcements. … …read more […]
Chipzilla’s CEO was surprisingly candid. …read more […]
These dividend payers are going for a song, while still having the potential for growth and meaningful increases in their payouts. …read more […]
Two gunmen opened fire at an all-night arts and music festival early Sunday morning, sending people running over each other in the scramble to safety, authorities said. Of 17 people treated for gunshot wounds, four of them, including a 13-year-old boy, remain in critical condition late Sunday morning, said Mercer County Prosecutor Angelo Onofri. The shots rang out around 2:45 a.m. during the Art All Night Trenton festival that showcases local art, music, food and films. …read more […]
LONDON (Reuters) – Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.
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