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Monthly Archives: January 2018

Xiaomi IPO could come in second half of 2018 and value it at $100 billion

VCG | Getty Images Xiaomi CEO Lei Jun introduces Surge S1 chipset, Mi 5C smartphone and Redmi 4X smartphone during a press conference on February 28, 2017 in Beijing, China Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, …

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reports of Around injuries after a collapsed structure

Kuncoro Widyo Rumpoko | Pacific Press | LightRocket | Getty Images The Indonesia Stock Exchange is a stock exchange based in Jakarta, Indonesia. Around a dozen injured people were carried on stretchers out of the Indonesia Stock Exchange on Monday, eye witnesses said, after reports of a collapsed structure inside …

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Singapore MAS Ravi Menon on cryptocurrency future, eventual crash

SeongJoon Cho | Bloomberg | Getty Images Ravi Menon, managing director of Monetary Authority of Singapore (MAS), speaks at the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 15, 2016. The head of Singapore’s central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would …

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Trump says ‘I’m not a racist,’ willing to reach deal on DACA

Getty Images President Donald Trump speaks during a meeting in the Roosevelt Room of the White House January 4, 2018 in Washington, DC. President Donald Trump said on Sunday that he is “not a racist” despite reports of his derogatory comments about immigrants from Haiti and Africa, adding that he …

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North Korea media warns of Olympic withdrawal after Moon Jae-in speech

Getty Images The Olympic rings is seen in Hoenggye town, near the venue for the Opening and Closing ceremony ahead of PyeongChang 2018 Winter Olympic Games in Pyeongchang-gun, South Korea. Pyongyang could still pull out from the upcoming Winter Olympics, a North Korean media outlet threatened in response to recent …

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JPMorgan Jamie Dimon walks back Trump one-term prediction, says Dem don’t have a deep 2020 bench

Kevin Lamarque | Reuters President Donald Trump smiles as he speaks to the media in the Rose Garden of the White House in Washington, October 16, 2017. When asked, he immediately dismissed the idea that he’d want to run for president himself, but lamented that the Democrats didn’t appear to …

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A ‘big money indicator’ is pointing to more record highs for stocks

If you’re worried about the market’s record run coming to an end, one Bank of America strategist says fear not— because there’s a strong technical case for a rally through 2018. According to Stephen Suttmeier, chief equity technical strategist at Bank of America, the advance-decline line of the S&P 500 …

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Republican senator insists Trump didn’t disparage Haiti, African nations with profane remark

Carlos Barria | Reuters President Donald Trump speaks during an announcement on immigration reform accompanied by Senator Tom Cotton (R-AR) (L) and Senator David Perdue (R-GA) (R), in the Roosevelt Room of the White House in Washington, August 2, 2017. A Republican senator is insisting that President Donald Trump did …

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Federal agency returns to accepting requests under DACA

Getty Images People protest in front of the U.S. Capitol to urge Congress to save the Deferred Action for Childhood Arrivals (DACA) program, on Dec. 6, 2017, in Washington, D.C. Citizenship and Immigration Services says it’s resumed accepting requests to renew a grant of deferred action under the Obama-era program …

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Seven still missing after deadly mudslides in Montecito, California

Getty Images Firefighters search for people trapped in mudslide debris on January 10, 2018 in Montecito, California. The department said the sediment would only consist of wet or dry dirt or mud without rocks, debris or vegetation, and inspectors would refuse any truckload containing unpermitted materials. Occasional rocks would be …

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