Asian markets were subdued on Friday as the dollar wobbled after gaining overnight following comments from President Donald Trump. Tokyo’s benchmark Nikkei 225 index rose 0.19 percent. Major exporters traded mixed as the dollar slipped while financial names were largely in negative territory. Automakers were a mixed picture. Toyota rose […]
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Getting an MBA in Asia: Top scholarships for women
Thinking of doing an MBA in Asia but worried you don’t have the money to pay for it? You’re not alone, but if you’re a woman you may be in luck. In a bid to address gender imbalances, a number of Asian business schools have created women-only scholarships to promote […]
Four triggers could cause a huge cryptocurrency crash
If it’s true that the bigger they are, the harder they fall, then cryptocurrencies have been gearing up for a tremendous decline. But, then again, maybe this is just the start for the great crypto bull market. As of Monday, the entire cryptocurrency market stands at approximately $563 billion, according […]
Trump will support citizenship path for 1.8 million young immigrants. He wants much in return
President Donald Trump will back a path to citizenship for 1.8 million young undocumented immigrants who were either shielded by an Obama-era program or eligible for it, a Republican source told CNBC on Thursday. White House policy aide Stephen Miller described the administration’s upcoming immigration plan in a conference call, […]
Trump reportedly ordered Mueller fired last year, but backed off
President Donald Trump ordered the firing of Special Counsel Robert Mueller last June, the New York Times reported Thursday. Citing “four people told of the matter,” the Times said Trump ultimately backed off following a threat from White House counsel to resign. The Washington Post subsequently matched that story, citing […]
Facebook admits to the Senate that it recommended Russian propaganda to some users
Facebook admitted this month that it recommended content produced by Russian operatives to some users, the latest acknowledgment that it underestimated how extensively foreign actors manipulated its platform around the time of the 2016 presidential election. “This happened in some cases,” Facebook told the Senate Intelligence Committee, in a written […]
Cryptocurrency ‘Oracle’ Lingham thinks bitcoin cash will outpace actual bitcoin in the future
Internet entrepreneur Vinny Lingham predicted on Thursday that bitcoin cash — the offshoot of the popular cryptocurrency — will be in greater demand than actual bitcoin in the future. “Bitcoin and bitcoin cash are focusing on two totally different markets right now,” said Lingham, who has been dubbed the “Bitcoin […]
Eight weeks in, Starbucks Shanghai Roastery is raking in insane sales
If you want to know why China is so important to Starbucks, you need only look at this statistic: “Our U.S. Starbucks stories, on average, do about $32,000 a week,” Howard Schultz, Starbucks’ chairman, said during an earnings conference call Thursday. “The Roastery in Shanghai, after eight weeks of operations […]
The number of teens eating Tide Pods has doubled, despite YouTube and Amazon’s efforts to dissuade
The “eating Tide Pods” meme continues to be one of the more baffling parts of 2018 — which is impressive since we’re just four weeks into the year — but the ramifications of the meme continue to rise. Earlier this week, the American Association of Poison Control Centers (AAPCC) released […]
Alibaba has doubled in the last year, and it has more room to run, says trader
Alibaba hit a new record intraday high on Thursday, and TradingAnalysis.com founder Todd Gordon says the stock will see even more new highs when it reports earnings next Thursday. “The stock had been consolidating in September, October and right through the end of 2017,” he said Thursday on CNBC’s“Trading Nation.” […]