An analyst says shares of AirAsia could potentially rise by another 19 percent, even as it reported a 30 percent fall in first quarter net profit.
SEOUL (Reuters) – Samsung Electronics Co Ltd said it would set up a 500 billion won ($445 million) fund to help small suppliers, the highest-profile South Korean firm to unveil steps in the wake of new President Moon Jae-in’s call to protect small busi…
TOKYO (Reuters) – The current level of U.S. prices is noticeably lower than what it would be if the Federal Reserve had delivered on its 2-percent inflation target, St. Louis Federal Reserve President James Bullard said, calling the trend “worrisome.”…
SINGAPORE (Reuters) – Oil prices edged up on Friday but markets remained on the back foot after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger curbs.
There may still be upside for crude prices even if investors appear let down by an OPEC production cut extension, an analyst said.
SHANGHAI (Reuters) – China’s police have arrested 44 people over a scam which saw many as 93,000 people contribute start-up capital to “unfreeze” assets smuggled overseas when the Nationalist government was overthrown in 1949, police authorities said l…
SINGAPORE (Reuters) – Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement to extend cuts in crude production for a further nine months disappointed investors who had bet on bigge…
Japan reported national consumer price index figures for April.
Mavo, a tool to turn static HTML into reactive web applications without programming code or a server back end, has just moved to the beta stage. It could be boon for non-programmers looking to get their feet wet in web development.
Built at MIT by a team led by computer scientist Lea Verou, the open source Mavo is an HTML-based language that extends HTML syntax to describe web applications that can manage data, with data stored in the cloud, locally, or not at all. Plugins can be used to modify Mavo’s behavior.
Stocks in Asia were mostly lower on Friday, after OPEC agreed to extend output cuts for an additional nine months.
Jared Kushner, the president’s son-in-law and one of his senior advisers, has come under FBI scrutiny in the Russia investigation, multiple U.S. officials told NBC News.
Microsoft on Thursday announced Mixer, a rebranded version of its game-streaming service previously known as “Beam.” In addition to the name change, the service will include a number of new features designed to attract more gamers. The added features will unlock new possibilities for social streaming, while also helping viewers find specific content across the service, according to Microsoft.
MEXICO CITY (Reuters) – Giant Motors, an automaker partially owned by Mexican billionaire Carlos Slim, is working on a prototype electric taxi to replace the gas-guzzling cabs polluting Mexico City’s air, a company executive said.
Russia’s energy minister has underlined how global oil producers still have the flexibility to help rebalance markets.