Fri01202017

LAST_UPDATEThu, 19 Jan 2017 11pm

Snap Inc Hires Jennifer Park Stout As Head Of Global Policy

Messaging app owner Snap Inc has hired Jennifer Park Stout, former deputy chief of staff to the U.S. Secretary of State, as its head of global public policy, a spokeswoman told Reuters on Wednesday.

Read more: Snap Inc Hires Jennifer Park Stout As Head Of Global Policy

Netflix Adds A Third More Subscribers Than Expected, Shares Up 8%

SEOUL: North Korea may be preparing to test-launch a new, upgraded prototype of an intercontinental ballistic missile (ICBM), South Korean media reported on Thursday, citing military sources.

Read more: Netflix Adds A Third More Subscribers Than Expected, Shares Up 8%

‘Petronas Dagangan Results In 4Q16 To Be Seasonally Weakest’

KUCHING: Petronas Dagangan Bhd’s (Petronas Dagangan) fourth quarter of 2016 (4Q16) results are expected by analysts to be the weakest seasonally as sales volume are likely to be impacted by a reduction in consumption from the school holidays last month.

Read more: ‘Petronas Dagangan Results In 4Q16 To Be Seasonally Weakest’

Asian Shares Down, Dollar Jumps On Yellen’s Rate Hike Signal

WASHINGTON: Asian shares edged lower on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen hinted that interest rates in the United States could rise quickly this year.

Read more: Asian Shares Down, Dollar Jumps On Yellen’s Rate Hike Signal

Indian Government Wants Apple, But Not All Officials Are Biting

NEW DELHI: Some Indian officials have baulked at Apple’s demands for concessions before it assembles iPhones there, raising doubts about a spring deadline to launch a key project in Prime Minister Narendra Modi’s campaign to lure foreign investors.

Read more: Indian Government Wants Apple, But Not All Officials Are Biting

UK House Price Growth Slows For First Time Since July

LONDON: Britain’s housing market had its weakest month since just after June’s Brexit vote in December as house price growth slowed and the number of homes sold fell slightly, a closely watched survey of property valuers showed on Wednesday.

Read more: UK House Price Growth Slows For First Time Since July

Alibaba's Ma Says No Chance Of U.S. Trade War With China

Pic: ReutersChina and the United States are not about to be drawn into a trade war, Alibaba Executive Chairman Jack Ma said on Wednesday at the World Economic Forum (WEF) in Davos.

Read more: Alibaba's Ma Says No Chance Of U.S. Trade War With China

Netflix Adds A Third More Subscribers Than Expected; Shares Jump Eight Percent

Pic: ReutersStreaming video pioneer Netflix Inc added over a third more subscribers than expected in the last quarter of 2016, a sign of success for its ambitious global expansion that sent its shares up 8 percent in extended trading.

Read more: Netflix Adds A Third More Subscribers Than Expected; Shares Jump Eight Percent

U.S. Sues JPMorgan For Alleged Mortgage Discrimination

Pic: ReutersThe United States on Wednesday sued JPMorgan Chase & Co, accusing the bank of discriminating against minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and at least 2009.

Read more: U.S. Sues JPMorgan For Alleged Mortgage Discrimination

Wall St. Set To Open Higher As Earnings Season Picks Up

Pic: ReutersU.S. stocks looked set to open slightly higher on Wednesday as investors assessed bank earnings and economic data, while awaiting Federal Reserve Chair Janet Yellen's speech.

Read more: Wall St. Set To Open Higher As Earnings Season Picks Up