News
Retale rolls out a shopping bot for Facebook Messenger
Location-based shopping service Retale is taking advantage of Facebook Messenger’s new option to send subscription messages with the launch of RetaleBot. Retale describes the bot as a personal assistant with the potential to outperform the […]
Pinterest has bought Instapaper, the app that lets consumers save content to view later
Pinterest has bought Instapaper, the app that lets consumers save content to view later. The deal gives Pinterest access to more behavioral data, enabling it to better target content and upping its capabilities to rival […]
Four major banks have teamed up to create a digital currency
Four major banks have teamed up with broker ICAP (OTCPK:IAPLF) to create a digital currency called the “utility settlement coin.” UBS (NYSE:UBS), Deutsche Bank (NYSE:DB), Santander (NYSE:SAN) and BNY Mellon (NYSE:BK), as well as ICAP, […]
Hedge funds see dawning opportunity in Japan’s stocks
Japanese stocks, down 13% since January, are beginning to look inviting to hedge funds, especially those seeking to bounce back from erring bets on a falling yen. Funds are waiting for earnings reports to further […]
South Korea may face housing-triggered economic crisis in 2018
A surge in apartments due to be completed in the third quarter of 2017 in the Seoul area may trigger an economic crisis the next year, South Korean market observers say. The glut of housing […]
UK factories get big export lift from pound’s plunge
A gauge of UK manufacturing export orders this month has surged to its highest level in two years with a big boost from the pound’s post-Brexit slide. Overall factory orders, however, were down a bit […]