Indian digital-payments and e-commerce startup Paytm is raising $300 million in a funding round led by Taiwan’s MediaTek Inc. and other investors, more than doubling its valuation to $5 billion, a person with knowledge of […]
A big fall in consumer confidence in stocks helped pull Taiwan’s overall consumer sentiment index down 0.62 point to 79.56 this month. All six subindices were lower, leaving the broad reading far beneath the break-even […]
The European Central Bank has purchased more than €1 trillion in government bonds over the 18 months of its quantitative-easing scheme. While bond yields have risen slightly over the past couple of weeks, the ECB […]
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 […]
Years of stubbornly low interest rates and expectations they will remain low for years to come have prompted U.S. banks to shift their balance sheets in ways that put them at risk if rates suddenly […]
International Data Corp. has not been too bullish on the smartphone market this year. It’s latest bit of news shows that even more so, as the research firm slashed its shipments forecast for the year. […]
Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) is hanging up the gloves when it comes to Project Ara, the company’s initiative to build a smartphone with interchangeable modules. The customization would allow users to swap out cameras, speakers and […]
Companies based in the Dubai International Financial Center increased 16% in the first half of this year, despite weak oil prices and a slowing global economy. More than 20,000 people work in the business park, […]
Sense Labs Inc. said Thursday that it has raised a new investment round of $14 million led by Shell Technology Ventures and Energy Impact Partners, a fund bankrolled by several American utilities. Sense Labs Inc., a […]
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