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Asian shares hover near four-month high, buoyed by trade optimism

3 hours ago DieselGasoil Comments Off on Asian shares hover near four-month high, buoyed by trade optimism
TOKYO (Reuters) – Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from central banks. FILE PHOTO: Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo, Japan December 27, 2018. REUTERS/Kim Kyung-Hoon While Read More

Quadriga: The cryptocurrency exchange that lost $135m

6 hours ago DieselGasoil Comments Off on Quadriga: The cryptocurrency exchange that lost $135m
When the 30-year-old founder of a Canadian cryptocurrency exchange died suddenly, he took the whereabouts of some C$180m ($135m; £105m) in cryptocurrency to his grave. Now, tens of thousands of Quadriga CX users are wondering if they will ever see their funds again. In 2014, one of the world’s biggest online cryptocurrency exchanges – MtGox Read More

SoftBank invests in Mubadala's new $400 million European tech fund: source

19 hours ago DieselGasoil Comments Off on SoftBank invests in Mubadala's new $400 million European tech fund: source
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato DUBAI (Reuters) – Japan’s SoftBank Group has provided nearly half of the cash for Abu Dhabi’s state investor Mubadala Investment Co’s new $400 million fund investing in European start-ups, a source familiar Read More

SoftBank invests in Mubadala's new $400 million European tech fund: FT

22 hours ago DieselGasoil Comments Off on SoftBank invests in Mubadala's new $400 million European tech fund: FT
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato (Reuters) – Japan’s SoftBank Group has provided nearly half the cash for the new $400 million fund by Abu Dhabi’s state-owned Mubadala Investment Co that aims to back European start-ups, the Financial Read More

Nissan panel to recommend outside director to chair board: Nikkei

2 days ago DieselGasoil Comments Off on Nissan panel to recommend outside director to chair board: Nikkei
People walk past a dealer shop of Nissan Motor Co. in Tokyo, Japan, February 12, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei Read More

This Russian airport is listed among the world’s best (PHOTOS)

2 days ago DieselGasoil Comments Off on This Russian airport is listed among the world’s best (PHOTOS)
One of the newest Russian airports, Platov International Airport in the city of Rostov-on-Don, has received the highest mark from the UK-based ranking organization Skytrax, becoming the first five-star Russian airport. Getting five stars from Skytrax is considered the most prestigious international award for airports and airlines. After a recent audit of the terminal, the Read More

European shares recover after weak data wobble

4 days ago DieselGasoil Comments Off on European shares recover after weak data wobble
LONDON (Reuters) – European shares recovered on Friday after weak U.S. and Chinese economic data earlier sent global equity markets into a dive. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato After opening lower, Europe’s STOXX 600 nudged up 0.2 percent despite weakness in Read More

Asian stocks retreat as lackluster China, U.S. data weigh

4 days ago DieselGasoil Comments Off on Asian stocks retreat as lackluster China, U.S. data weigh
TOKYO (Reuters) – Asian stocks fell on Friday, retreating from four-month highs after data out of China raised concerns over deflationary pressures building in the world’s second biggest economy. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato The bearish impulse appeared likely to be Read More

Asian stocks fall after weak U.S. data, crude oil buoyant

4 days ago DieselGasoil Comments Off on Asian stocks fall after weak U.S. data, crude oil buoyant
TOKYO (Reuters) – Asian stocks fell on Friday after weak U.S. retail sales figures raised fresh doubts about the strength of the world’s largest economy, offsetting optimism towards trade talks between the United States and China. FILE PHOTO: Men look at stock quotation boards outside a brokerage in Tokyo, Japan, December 5, 2018. REUTERS/Issei Kato Read More