Assets under management by South Korean hedge funds have topped 6 trillion won less than six years after such investments were allowed. The funds have seen an accelerating pace of interest from wealthy investors, with […]
PureFunds has brought to Nasdaq two technology-focused exchange-traded funds, one targeting financial technology and the other giving exposure to medical technology. The PureFunds Solactive FinTech ETF tracks a fintech index, while the PureFunds ETFx HealthTech […]
More than $7B was wiped off the market value of Samsung Electronics (OTC:SSNLF) today after it delayed shipments of its premium phone offering amid reports of exploding batteries that could catch fire while charging. The […]
Live streaming video is now available for Facebook Messenger with the latest version of the app. The new feature brings Messenger into competition with a similar offering from Snapchat. The Business Times (Singapore) (free content)/Agence […]
Airbus delivered more aircraft in August than for the same period in any previous year, a feat that would improve its chances of meeting 2016 targets after earlier delays in receiving parts. The company’s previous […]
Real estate investment trusts will be broken out into a group in the Standard & Poor’s 500 index under the Global Industry Classification Standard. The change allows a better gauge of sector performance and is […]
The European Commission says that Ireland’s reduction of Apple tax violates EU law and that Apple must pay €13 billion in back tax plus interest. Apple received preferential treatment that gave it an unfair advantage […]
Twitter has announced that it will share 70% of ad revenue with users who upload videos. The move is part of the company’s increased efforts to lure top video talent to its platform and compete […]
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