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Tech Howl for August 15

China is putting the squeeze on its gaming industry. Apple is said to be working on chips for tracking health data. Finally, Intel has announced a new set of vulnerabilities for its chips that could allow hackers to steal information from a person's computer or third-party cloud storage accounts.

  • Finance
    Reuters

    Weak markets force Alibaba-backed Babytree to cut size of HK IPO

    Alibaba-backed online parenting firm Babytree Group launched a Hong Kong IPO of up to $281 million on Wednesday, far below what the Chinese company had hoped to raise, as weak markets force firms to scale back their funding ambitions. Babytree plans to sell about 250 million shares, or 15 percent of

  • Finance
    AFP

    Iran executes gold market's 'Sultan of Coins'

    Iran executed a trader on Wednesday dubbed the "Sultan of Coins" for his wholesale trafficking in gold to exploit a surge in demand from savers spooked by this year's currency crisis. Vahid Mazloomin and accomplice Mohammad Esmail Ghasemi had been convicted of "corruption on earth

  • Kim Kardashian unveils 'Glam Bible' for the holiday season
    Style
    AFP Relax

    Kim Kardashian unveils 'Glam Bible' for the holiday season

    Kim Kardashian West is upping the glamour stakes this holiday season. The series, which is set to launch on November 23, features a brand new six-pan eyeshadow palette including both matte and metallic shades for creating the perfect smokey eye. The launch comes at a busy time for the KKW Beauty brand

  • Sri Lanka unexpectedly raises rates to support currency as political crisis deepens
    Finance
    Reuters

    Sri Lanka unexpectedly raises rates to support currency as political crisis deepens

    Sri Lanka's central bank unexpectedly raised its key policy rates on Wednesday, a move aimed at defending a faltering rupee currency as foreign capital outflows pick up amid an escalating political crisis and rising U.S. interest rates. Immediately after the tightening, however, the rupee dropped

  • German economy shrinks for first time since 2015
    Finance
    The Guardian

    German economy shrinks for first time since 2015

    Germany’s trade weakness was partly down to temporary factors, including disruption to car production before new and more rigorous emission tests that came into force in September. The German economy went into reverse in the third quarter, shrinking for the first time since 2015 as a weaker trade position

  • Expensive APEC summit sows division in host Papua New Guinea
    Finance
    Associated Press

    Expensive APEC summit sows division in host Papua New Guinea

    After three decades of promoting free trade as a panacea to poverty, the APEC grouping of nations that includes the U.S. and China is holding its lavish annual leaders' meeting in the country that can least afford it. Barely penetrated by roads and scarred by violence, Papua New Guinea hopes the

  • CORRECTION: Marie Antoinette's jewels up for auction in Geneva
    Style
    AFP Relax

    CORRECTION: Marie Antoinette's jewels up for auction in Geneva

    CORRECTS story from Nov 12, 4th para from end to read xxx Louis XVII xxx sted xxx Louis XVIII xxx as sent. Marie Antoinette's diamonds and pearls, not seen in public for two centuries, go under the hammer in Geneva Wednesday in what has been billed as one of the most important royal jewellery auctions

  • Finance
    AFP

    China tech factory conditions fuel suicides: study

    Difficult working conditions including punishment for minor offences and high staff turnover in Chinese factories that feed the global electronics supply chain contribute to employee suicides, a study published on Wednesday said. The study by the Hong Kong-based Economic Rights Institute, which supports

  • 9 Things You Need To Know About Refinancing Mortgage Loans
    Finance
    EdgeProp

    9 Things You Need To Know About Refinancing Mortgage Loans

    What is home loan refinancing? If you’re a homeowner, you may have heard of home loan refinancing – but do you know what exactly it is? Home loan refinancing refers to the process of swapping out loans, and moving your debt to a different loan with a lower interest rate.

  • ECB will take a long time to normalise policy: Weidmann
    Finance
    Reuters

    ECB will take a long time to normalise policy: Weidmann

    BERLIN (Reuters) - The European Central Bank will take a 'long time' to fully end stimulus and normalise policy, Bundesbank President Jens Weidmann, a frequent critic of ultra-loose policy, said on Wednesday.

  • Finance
    Reuters

    S.Korea regulator says Samsung BioLogics intentionally breached accounting rules

    South Korea's top financial regulator on Wednesday said it found Samsung BioLogics Co Ltd intentionally breached accounting rules in inflating the company's value ahead of its 2016 stock exchange listing. Kim Yong-beom, vice chairman of the Financial Services Commission, said trading of BioLogics

  • Finance
    Associated Press

    AP Top Extended Financial Headlines at 3:44 a.m. EST

    Amazon HQ2: Will it be worth it? Company will bring plenty of jobs but headaches, too

  • Global shares dip after Wall Street falls over oil concerns
    Finance
    Associated Press

    Global shares dip after Wall Street falls over oil concerns

    Global shares were mostly lower Wednesday, after the steepest drop in oil prices in more than three years put investors in a selling mood on Wall Street. KEEPING SCORE: France's CAC slipped nearly 1 percent ...

  • Cash Over Valuation - Does It Still Affect You?
    Finance
    EdgeProp

    Cash Over Valuation - Does It Still Affect You?

    Are you looking to sell your HDB flat in the resale market? On the other hand, you may have spotted your ideal flat in the resale market, and am excited to make an offer for the flat.  Before you jump the gun however, there are some features of the Singapore’s resale market we must first consider.

  • Finance
    Investing.com

    China’s Wastewater Service Provider Delays HK$104M Hong Kong IPO

    Investing.com - China’s wastewater service provider Til Enviro Limited has postponed its IPO date from Nov. 19 to Nov. 29, the company announced on Wednesday.

  • Mahindra & Mahindra second-quarter profit rises about 24 percent, beats estimates
    Finance
    Reuters

    Mahindra & Mahindra second-quarter profit rises about 24 percent, beats estimates

    (Reuters) - India's Mahindra & Mahindra Ltd posted a 23.9 percent rise in quarterly profit on Wednesday, beating street estimates, helped by higher revenue from its automotive segment.

  • NCLAT rules UltraTech's bid for Binani Cement valid
    Finance
    Reuters

    NCLAT rules UltraTech's bid for Binani Cement valid

    UltraTech offered to buy Binani Cement in March after its parent Binani Industries approached UltraTech to arrange funds for paying-off bank debts and other liabilities, in a bid to terminate the insolvency proceeding against its unit. The National Company Law Appellate Tribunal (NCLAT) dismissed an

  • RBS high-flier Alison Rose takes on NatWest Holdings job as role expands
    Finance
    Reuters

    RBS high-flier Alison Rose takes on NatWest Holdings job as role expands

    Royal Bank of Scotland on Wednesday said it had appointed Alison Rose to the role of deputy chief executive of NatWest Holdings, in a sign of her increasing prominence at the state-owned lender. Rose, who has long been seen by analysts and investors as the leading internal candidate to succeed RBS

  • Style
    AFP Relax

    Waymo to expand fledgling self-driving car service

    A self-driving car service being tested by Alphabet-owned Waymo will be opened up to more people in the Phoenix, Arizona, area, chief John Krafcik said Tuesday. About 400 "early riders" are already taking part in the fledgling service Waymo began testing early last year, Krafcik said at a

  • SpiceJet posts second quarterly loss on higher fuel costs, weak rupee
    Finance
    Reuters

    SpiceJet posts second quarterly loss on higher fuel costs, weak rupee

    (Reuters) - Low-cost carrier SpiceJet Ltd reported its second straight quarterly loss on Wednesday, hurt by higher fuel costs and a weaker rupee.

  • Finance
    Reuters

    Bahrain's Gulf International Bank raises $500 million financing facility

    DUBAI (Reuters) - Bahrain's Gulf International Bank has raised a $500 million three-year financing facility which will be used to refinance an existing term facility and for general funding purposes, the bank said on Wednesday.

  • Finance
    Investing.com

    Gold Prices Edge Up; Dollar Flat

    Investing.com - Gold prices edged up on Wednesday while the dollar remained unchanged, as investors awaited a speech by Federal Reserve chairman Jerome Powell due later in the day.

  • Resubmitted budget will be a defeat for Italy: Ex-EU offi...
    Finance
    CNBC

    Resubmitted budget will be a defeat for Italy: Ex-EU offi...

    The best way forward for Italy is to moderate its deficit target, says Joaquin Almunia, former European Commission vice president and commissioner for competition.

  • First supply trip to space since Soyuz failure poised to launch
    Style
    AFP Relax

    First supply trip to space since Soyuz failure poised to launch

    A US spaceship loaded with supplies for the International Space Station is poised to launch Thursday, marking the first such trip since a Soyuz rocket carrying three people failed last month. At the last moment, NASA added some extra supplies for the three orbiting scientists, just in case. The next

  • D-Day for May as she seeks backing for draft Brexit deal
    Finance
    Associated Press

    D-Day for May as she seeks backing for draft Brexit deal

    British Prime Minister Theresa May is set to face her divided Cabinet in a bid to win support for a draft Brexit deal with the European Union. Negotiators from the two sides have reached agreement on divorce terms, including a plan to resolve the key issue of the Irish border. If Cabinet supports the