China's property market has 'not found a bottom' yet, Standard Chartered CEO Bill Winters says
China's property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters.
Markets asian news
Skype founder's VC firm raises $1.24 billion to back European tech startups
LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch of two new funds worth $1.24 billion to back emerging and growth-stage startups in the sector.
Draghi urges radical European Union reform requiring extra 800 billion euros a year
The European Union needs up to 800 billion euros ($884 billion) in additional investment per year to meet its key competitiveness and climate targets, according to a report from economist and politician Mario Draghi.
The US and China must avoid dropping a ‘Silicon Curtain’
I began my career in the technology sector at the American computing giant IBM in Greater China when the “Big Blue” was seamlessly operating across mainland China, Hong Kong and Taiwan. As one of the first tech companies to enter the Chinese market, IBM played a pioneering role in bridging East and West.
Eli Lilly appoints insider Lucas Montarce as new finance chief
U.S. drugmaker Eli Lilly on Monday said it has appointed insider Lucas Montarce as its new chief financial officer, effective immediately, months after former CFO Anat Ashkenazi stepped down to join Google parent Alphabet.
Carry trade unwind could replicate August mayhem, suggests currency strategist, as yen strengthens
The unwinding of the yen carry trade is expected to continue in September, presenting a risk of another large sell-off, according to Kathy Lien, managing director of forex strategy at BK Asset Management.
CNBC Daily Open: Markets don’t always reflect the state of the economy
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