TOKYO – A senior U.S. Treasury official touring Asia has urged banks and financial regulators in the region and elsewhere to do more to tighten oversight of booming trading in bitcoin and other crypto currencies. Continue Reading Below Sigal Mandelker, the Treasury undersecretary for terrorism and financial intelligence, said Friday […]
FAN Editor
Davos elites await Trump’s ‘America First’ message
President Donald Trump is expected to deliver an “American First” message when he speaks at the World Economic Forum (WEF) on Friday. Trump has been meeting business executives and other world leaders during his two-day stay in the Swiss Alps. His presence at the Forum will culminate with the speech […]
Ikea sees ‘massive opportunities’ with artificial intelligence and virtual reality
Sweden’s flatpack furniture giant is exploring how to make the best use of artificial intelligence (AI) and virtual reality. Speaking at the World Economic Forum (WEF) in Davos on Thursday, Jesper Brodin, CEO of Ikea, told CNBC: “(What) we haven’t been able to do before is to find easier ways […]
Harvard theater group to cast women for first time since inception in 1844
The third-oldest theater organization in the world, Harvard University’s Hasty Pudding Theatricals, announced on Thursday that women would be invited to audition for the first time starting with the group’s 2019 show. The prestigious theater troupe, which was founded in 1844, has featured such talents as William Hearst and Franklin […]
US sales of outdoor equipment slump as consumer habits shift
DENVER – The outdoor gear industry has brought its biggest winter marketplace to Denver as it faces slipping sales and shifting U.S. consumer habits. Continue Reading Below About 1,000 manufacturers are showing new products to 11,000 retail buyers at the Outdoor Retailer and Snow Show, which opened Thursday and runs […]
Trump offers an apology for retweeting anti-Muslim videos from British far-right group
President Donald Trump says he would publicly apologize for retweeting three graphic anti-Islamic videos posted by the deputy leader of one of the U.K.’s most far-right groups. The retweets, from back in November, did not include Trump commentary but drew widespread condemnation, including from the British prime minister’s office. The […]
Record-breaking Ethiopians dominate Dubai Marathon
Athletics – Berlin Marathon – Berlin, Germany – September 24, 2017 Ethiopia’s Mosinet Geremew celebrates with a trophy after finishing third in the men’s race REUTERS/Michael Dalder January 26, 2018 By Alexander Cornwell DUBAI (Reuters) – Ethiopia’s Mosinet Geremew set a new Dubai Marathon record when he sprinted clear from […]
Mega funds bet big on sterling turning a corner
New one pound coins, which come into circulation today, are seen in London, Britain March 28, 2017 REUTERS/Neil Hall January 26, 2018 By Saikat Chatterjee and Tommy Wilkes LONDON (Reuters) – Some of the world’s biggest investors are betting on a sustained recovery in the pound, confident that Britain will […]
Blaze in South Korean hospital kills at least 37, more than 70 injured
Smoke rises from a burning hospital in Miryang, South Korea, January 26, 2018. Kim Dong-min/Yonhap via REUTERS January 26, 2018 By Christine Kim SEOUL (Reuters) – A fire in a South Korean hospital which did not have a sprinkler system killed at least 37 people and injured more than 70, […]
Asian stocks closes mixed as dollar wobbles following overnight gains
Asian markets closed mixed on Friday as the dollar wobbled after gaining overnight following comments from President Donald Trump. Tokyo’s benchmark Nikkei 225 index gave back morning gains to close lower by 0.16 percent, or 37.61 points, at 23,631.88. Major exporters finished the session mixed while financial names largely declined. […]