Why A Japanese E-Commerce Giant Is The Lead Investor In Pinterest Business Insider | Rakuten CEO Hiroshi Mikitani Japanese e-commerce giant Rakuten is the lead investor in Pinterest's $100 million round. | Most people in the United States have never heard of Rakuten. And that's a big reason the company is trying to get in good with Pinterest. | Pinterest will be able to drive more...
Gold hits 4-1/2 month low on Greek turmoil The Times Of India Tweet | SINGAPORE: Gold extended losses on Wednesday and slipped to its weakest since December after Greece's failure to form a government prompted investors to cut their exposure to the precious metal, which is now behaving like other risk assets. Concerns about upheaval in the euro zone hit the eu...
UPDATE 2-Manulife, Metlife submit bids for ING Asia sale -sources Reuters | * Shortlisted bidders will be notified by end-May - sources | * Sale could set record for Asia insurance M&A | * Eight to 10 bidders submitted offers - source | * Deal could yield about $100 mln in fees for bankers, lawyers | By Denny Thomas | HONG...
Big picture lost in bureaucratic brouhaha NZ Herald | Murray McCully kept his officials in the dark over the contents of the Cabinet paper he presented ahead of Thursday's embarrassing back-down on plans to scuttle 304 jobs. | No one at the Ministry of Foreign Affairs and Trade (Mfat) - not even boss ...
Weldon's critics aiming at the wrong target NZ Herald | The internet has been an amazingly positive development which has changed the way we work and interact. | But it has its dark side, as demonstrated by the responses to a news item in the National Business Review on Monday. | The article, under the ...
Affordable homes, but it won't last NZ Herald | Experts are backing a Government claim that New Zealand houses are affordable again - but warn that the sweet spot won't last when interest rates eventually go up. | Prime Minister John Key this week defended cancelling his party's flagship afforda...
'Innocent man' in jail 20 years NZ Herald | An innocent man has spent almost 20 years in jail for one of New Zealand's most notorious cases of rape and murder, says a detective with expert knowledge of the crime. | Susan Burdett was brutally raped and murdered in her Papatoetoe home in 1992 ...
Act backer: We all dislike Maori NZ Herald | The biggest donor to the Act Party says he gave the money to Don Brash and John Banks so they could stop special treatment for Maori who were "either in jail or on welfare". | In an extraordinary interview with the Weekend Herald, Louis Crimp said ...
Public Domain
State’s R6bn recap of SAA ‘no bail-out’ Business Day | THE government’s proposed recapitalisation of South African Airways (SAA) by up to R6bn is not a bail-out and will help to make the national carrier sustainable, says CEO Siza ...
HK stocks set for weak open; 9th straight loss in sight Reuters | HONG KONG May 15 (Reuters) - Hong Kong shares are set to extend falls on Tuesday, with the benchmark stock index poised to register its worst losing streak in nearly two decades ...
Greek threat pushes shares down Gulf News | London: World shares slid and German borrowing costs hit record lows yesterday as a deepening Spanish banking crisis, uncertainty about Greece's future in the eurozone and lacklustre US data bolstered safe-haven assets. | World stocks, as mea...
Indian shares gain on strong company results Gulf News | Mumbai: India's main index recovered from its lowest intraday level since January 9 to gain yesterday after stronger-than-expected earnings from State Bank of India (SBI) relieved concerns about non-performing assets and credit growth in the ...
UPDATE 1-Afghanistan fundraising goal elusive before NATO summit Reuters | * Paying for Afghan security takes center stage at summit | * U.S. expects to reach funding goal eventually | By Missy Ryan | WASHINGTON, May 18 (Reuters) - Just days before this weekend's NATO summit, the United States remains short of its goal of...
China solar stocks slump again after U.S. trade move Reuters | n">May 18 (Reuters) - Solar stocks slumped to fresh lows on Friday as investors continued to punish Chinese solar companies a day after the United States said it would impose new duties on imports from the world's leading solar manufacturer. | Sunt...
Nikkei falls 0.9 pct, deep in "oversold" territory Reuters | * Index falls to fresh 3-1/2-month low * Big banks offer support on strong earnings guidance * Hankyu Hanshin, Taiheiyo Cement surge on MSCI inclusion * Hokuhoku Financial, Hiroshima Bank slump on MSCI deletion By Dominic Lau TOKYO, May 16 (Reuters) - Japan's Nikkei average fell 0.9 percent on Wednesday as investors cut exposure to risky assets a...
Singapore's economy grows 1.6 percent in first quarter Xinhua | SINGAPORE, May 17 (Xinhua) -- Singapore's economy grew by 1.6 percent year-on-year in the first quarter of 2012, slower than 3. 6 percent growth in the preceding quarter, Singapore's Ministry of Trade and Industry announced on Thursday. | On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 10.0 percent, reversing...
