Sinister forces are at work in China’s stock market, according to at least one “non-biased” Hong Kong newspaper. To be sure, one might well be tempted to suspect that the inevitable unwind of a completely unsustainable (and by many measures, entirely insane) margin mania is to blame for the brutal selling that has, over the course of just three weeks, cost Chinese shares some $3.5 trillion in market value. But you’d be wrong, according to Ming Pao.
MALAYSIA: Following the requested suspension of Affin Holdings (Affin) and Hwang-DBS Investment Bank (Hwang IB) shares, Affin has proposed the acquisition of Hwang IB'S investment banking, asset management and futures businesses, namely Hwang Investment Management, Asian Islamic Investment Management and HDM Futures, with a cash offer of RM1.36 billion (US$414.29 million)...
Pinterest community marketing manager Enid Hwang starts her day at 6:30 a.m. focused on one mission: ensuring Pinterest wins over users the same way the site did from the very beginning -- one-to-one.
As Pinterest’s fourth employee and one of the site's first few hundred "pinners," Hwang remembers the way she and Pinterest CEO Ben Silbermann first worked together, meeting bloggers individually at conferences and scouting for artisans in San Francisco.
Snapchat's Discover section — which houses daily-updated content from the likes of The Daily Mail, Vice, and CNN — is serving just 2.5 ads a day on average across all its 12 channels, according to data collected by AdAdge.
It's safe to say that Spotify's Discover Weekly is a bonafide success.
Spotify users have streamed 5 billion songs from their Discover Weekly playlists to date, the company announced on Wednesday. And 40 million of Spotify's over 100 million users have tried Discover Weekly at least once since it was made available last July.
ETF Database submits: Ever since the days of Mao Zedong and Chiang Kai-shek in the late 40’s and early 50’s, mainland China has had a strained relationship with Taiwan. In recent years, however, the economic ties between the regions have improved considerably. The recent economic crisis, as well as efforts from Taiwan President Ma Ying-jeou, have pushed the two historic rivals closer together. In fact, one could argue that in the past two years more has been done to bring the two together than in the previous 20.