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NEW YORK/HONG KONG -- Private banking specialist VP Bank Asia's Hong Kong office will shut down after its chief executive officer and chief operations officer resigned Thursday, according to people with knowledge of the matter.
Stocks rallied on Thursday as investors regained confidence in the economy following encouraging consumer and labor data that helped ease recession worries.
Eric Schmidt, who led Google for a decade, told Stanford students that, while he's not one to give investment advice, he sees an obvious play in the stock market that doesn't involve buying shares of his former employer.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here .
TAIPEI — A 6.3 magnitude earthquake struck 34 km off Taiwan's eastern city of Hualien on Friday (Aug 16), the weather administration said, with no immediate reports of damage from what was the second strong tremor to hit the island in less than a day.
Manila should not place hopes on expanding a provisional arrangement with Beijing over its resupply missions to the Second Thomas Shoal to cover the entire West Philippine Sea, observers warn, as such a move could lead to China imposing its dominance in the disputed waters and ambiguous territorial boundaries.
TOKYO (Kyodo) -- A powerful typhoon continued its advance toward Tokyo and other eastern areas of Japan on Friday morning, with the weather agency urging people to prepare for strong winds and heavy rainfall, and transport operators canceling many train services and flights.