Singapore-based Six Capital Investments, a firm that touted itself as a financial technology innovator but which has been plagued by scandal for months, is being liquidated. The company, known as SixCap, was placed into insolvent liquidation last month in the British Virgin Islands where it’s incorporated, according to a statement […]
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Full MH370 report to be released after latest search for the missing plane ends
The full investigation report into the disappearance of Malaysia Airlines flight MH370 will be released after the latest search efforts are completed, officials said on Thursday, four years after the aircraft first went missing. Flight MH370, carrying 239 people onboard, became one of the world’s greatest aviation mysteries when it […]
China says it will make necessary response in event of trade war with US
China’s foreign minister Wang Yi said on Thursday that China would make a necessary response in the event of a trade war with the United States but added that such a war would only harm all sides. Speaking on the sidelines of an annual meeting of China’s parliament, Wang said […]
China calls on US and North Korea to have talks as soon as possible
China’s foreign minister Wang Yi called on the United States and North Korea on Thursday to have talks as soon as possible. He said that peace must prevail, amid signs of easing tension over North Korea’s nuclear and missile threats. Wang made the comments during a news briefing as part […]
Japanese authorities issue punishments to several cryptocurrency exchanges
Japanese regulators on Thursday issued punishment notices to several cryptocurrency exchanges and forced others to halt business, in an effort to shore up consumer protection after the $530 million theft of digital money from Tokyo-based bitcoin exchange Coincheck. The Financial Services Agency issued business improvement orders to Coincheck and six […]
Florida House passes new gun restrictions against NRA wishes
The Florida House passed a school safety bill Wednesday that includes new restrictions on rifle sales and a program to arm some teachers, sending the measure to the governor for his signature. The vote of 67-50 reflected a mix of Republicans and Democrats in support and opposition. The measure, a […]
Cramer Remix: The red flag in the S&P 500
As stocks sold off on Wednesday, CNBC’s Jim Cramer noticed a disturbing pattern occurring in the market. “The wrong stocks are going up,” the “Mad Money” host warned. “The universe of winners has gotten incredibly small.” Cramer could count the winning stocks — almost all involved in cloud-based functions in […]
‘Regulation can add to credibility’ of crypto market: CFTC commissioner
Commodity Futures Trading Commissioner Brian Quintenz said some type of regulation in the crypto market is good. “Regulation can add to credibility,” Quintenz told CNBC on “Closing Bell” on Wednesday. “And I think the participants in this market want a credible marketplace.” “Everyone that trades these products needs to know […]
Cramer recommends Nordstrom after bullish post-earnings bounce
Sometimes, CNBC’s Jim Cramer finds it helpful to take a step back from a market clouded by politics and zoom in on major company-specific stories. “Consider the case of Nordstrom, … the swanky department store chain I like so much with a story that’s reaching soap opera levels of melodrama,” […]
Cramer’s strategy session: What it’ll take for me to come around on GE
CNBC’s Jim Cramer has a laundry list of requirements for the struggling General Electric to get back in his good graces. In a “Voice of Cramerica” strategy session, the “Mad Money” host told a caller that the ailing industrial had a lot of work to do before he could consider […]