Agent Page
Agent Page
Agent Page
Agent Page
My Posts/Listings
How old-school factories stay alive in China’s south
Squeezed by high costs and unpredictable demand, some factories in southern China's manufacturing heartland are turning to a new strategy to survive: hiring workers by the day. It is a far cry from Beijing's vision of a slick, hi-tech manufacturing future of computers and chip makers: on a warm morning in the southern town of Shiling, dozens of workers gather on a city street to haggle for... [Read more]
Hong Kong launches fresh plan to fortify cyber security after SWIFT heist
Hong Kong's central bank has a launched a new program to strengthen lenders' ability to protect their critical technology systems after recent attacks by unidentified groups on a global messaging system used by the financial community. The Hong Kong Monetary Authority's latest measure, known as the “Cybersecurity Fortification … The rest is here: Hong Kong launches fresh... [Read more]
Tesla plans to sell $1.7 billion in new stock to fund Model 3
By Paul Lienert and Alexandria Sage DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc will offer up to $1.7 billion of new common stock to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said on Wednesday. Tesla shares fell 2.2 percent following the announcement, which came after the market closed. Tesla, which has posted operating losses since... [Read more]
More than 25,000 Madoff victims now eligible for $4 billion fund
The overseer of a $4 billion U.S. Department of Justice fund for victims of Bernard Madoff's Ponzi scheme said he expected to recommend payouts for at least 25,280 claimants with nearly $4 billion in fraud losses. Richard Breeden, special master of the Madoff Victim Fund, said in an update on his website this week that his office was “substantially” finished with the initial claims... [Read more]
Apple boss Cook to tap Indian software talent during maiden visit
By Himank Sharma and Rupam Jain MUMBAI/NEW DELHI (Reuters) – Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Cook, who arrives in India late on Tuesday, is making his Indian debut just as the... [Read more]
DoubleLine’s Gundlach sees ‘some rebellion’ from Fed hawks
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Thursday that the Federal Reserve will be challenged to raise interest rates this year. Fed officials seem to be in disagreement about the timing and number of rate hikes in 2016, Gundlach, who oversees $95 billion at Los Angeles-based DoubleLine, said on an investor webcast. There's “some (hawkish) rebellion showing up... [Read more]
Deutsche Boerse CEO touts LSE merger, saying ‘size is everything’
FRANKFURT (Reuters) – Deutsche Boerse's planned $30 billion merger with LSE Group is on track for completion late this year or in early 2017, the German exchange operator's Chief Executive Carsten Kengeter said on Wednesday. Read the original post: Deutsche Boerse CEO touts LSE merger, saying ‘size is everything’ Read More →
Dollar dips from two-week high, stocks in the red
“And that is precisely what we are seeing today.” Financials were among the biggest losers in Europe, their 1.5 percent fall led by a 10 percent plunge in Austrian bank Raiffeisen Bank International after it said it will look into a possible merger with Read the original: Dollar dips from two-week high, stocks in the red Read More →
Judge leans Redstone’s way in trial over media mogul’s mental state
A judge called Sumner Redstone's deposition “strong evidence” that the media mogul knew what he was doing when he ejected an ex-girlfriend from his life, suggesting Redstone has the upper hand in a trial over his mental competence that began on Friday. Although the 92-year-old billionaire, who has majority control of media companies Viacom and CBS, had… See the rest here: Judge... [Read more]
Oil jumps on Canadian wildfire near oil sands fields, Libyan fighting
Oil prices jumped on Thursday as a huge wildfire in Canada disrupted its oil sands production, while escalating fighting in Libya threatened the North African nation's output. International benchmark Brent crude futures were trading at $45.32 per barrel at 12.40 a. Here is the original post: Oil jumps on Canadian wildfire near oil sands fields, Libyan fighting Read More →