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☆ Netflix reports mixed quarter
  + stars: | 2023-04-18 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix reports mixed quarterRich Greenfield, LightShed Partners Partner & Co-Founder, on Netflix after the company reported earnings with CNBC's Dom Chu and the Fast Money traders.
☆ First Horizon deposits fall 3.2% compared to the fourth quarter
  + stars: | 2023-04-18 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst Horizon deposits fall 3.2% compared to the fourth quarterCNBC's Dom Chu joins 'Closing Bell: Overtime' to report on First Horizon's earnings.
☆ Breaking down Netflix earnings
  + stars: | 2023-04-18 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBreaking down Netflix earningsRich Greenfield, LightShed Partners Partner & Co-Founder, on Netflix after the company reported earnings with CNBC's Dom Chu and the Fast Money traders.
☆ Chart master: Is now the time to buy Amazon?
  + stars: | 2023-04-18 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart master: Is now the time to buy Amazon? Carter Worth, Worth Charting , on how to play Amazon with CNBC's Dominic Chu and the Fast Money traders.
☆ Options trader bets Tesla will slam the brakes after reporting earnings
  + stars: | 2023-04-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions trader bets Tesla will slam the brakes after reporting earningsMike Khouw, Optimize Advisors president, on Tesla ahead of its earnings report tomorrow with CNBC's Dominic Chu and the Options Action traders.
☆ The Week Ahead: April 14, 2023
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: April 14, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ The Week That Was: April 14, 2023
  + stars: | 2023-04-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: April 14, 2023CNBC's Dom Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ PNC seems 'expensive' heading into the print, says KBW's David Konrad
  + stars: | 2023-04-14 | by ( Hugh Son | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPNC seems 'expensive' heading into the print, says KBW's David KonradCNBC's Hugh Son and Dom Chu with David Konrad, KBW large cap bank analyst, joins 'The Exchange' to discuss banks.
☆ Thieves stole at least 1 million dimes — that's $100K — from a cargo truck parked overnight at a Philadelphia Walmart, police say
  + stars: | 2023-04-14 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +2 min
Thieves made off with an unusual bounty from a Walmart parking lot in Philadelphia on Thursday. At least 1 million dimes, or $100,000, were stolen from a cargo truck parked in the lot overnight, reports say. The truck was carrying $750,000 in dimes from a Philadelphia US Mint facility to Florida. Police say thieves made off with at least 1 million dimes, worth $100,000, from a cargo truck parked overnight in a Walmart parking lot, according to the Associated Press. Authorities say a bolt cutter was likely used to break into the truck, and dimes were found strewn across the parking lot Thursday morning, according to local news station NBC10.
☆ Analysis: As ageing trees sap yields, Asian palm oil firms race to replant
  + stars: | 2023-04-14 | by ( Mei Mei Chu Bernadette Christina | Mei Mei Chu | Bernadette Christina | ) www.reuters.com   time to read: +6 min
Palm oil prices have fallen some 49% from last year's record, but the tight supply means they are expected to stay above pre-pandemic levels. Another palm oil giant, Kuala Lumpur Kepong Bhd (KLKK.KL), told Reuters it plans to replant 10,000 hectares this year, up from a lower-than-usual 6,000 hectares in 2022. The scheme targeted replanting of 2.4 million hectares but only managed to replant around 278,000 hectares by February, partly due to land legality issues. We are ageing faster than we are replanting," Malaysia Palm Oil Association chief executive Joseph Tek told Reuters. In Malaysia, replanting costs doubled to around $4,500 per hectare after the pandemic inflated prices of fertiliser and labour.
☆ Edtech venture capital firm Reach Capital raises $215 million for its largest fund ever and has its sights set on backing more generative AI startups
  + stars: | 2023-04-10 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
Reach Capital has closed its fourth fund with $215 million to invest in education startups. The team is also looking to back more companies using generative AI in education, Reach Capital founding partner Esteban Sosnik told Insider. Near the end of 2022, edtech investing had just reached $8.89 billion in 2022, according to PitchBook. While generalist investors still have some interest in edtech deals, some of the hype has worn off. Reach has also backed several edtech startups that went on to become unicorns, or reach a valuation of over $1 billion, including Outschool, ClassDojo, and Handshake.
☆ How DBS is helping a Singapore startup pave roads using a material made from recycled plastic waste
  + stars: | 2023-04-10 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow DBS is helping a Singapore startup pave roads using a material made from recycled plastic wasteOh Chu Xian, founder of Magorium, tells CNBC about the DBS Foundation Social Enterprise grant that helped the company pave a road at DBS Newton Green using recycled plastic waste.
☆ Gold bars and Google: The harebrained adtech heist that went spectacularly wrong
  + stars: | 2023-04-07 | by ( Lara O'Reilly | Lauren Johnson | Ryan Joe | ) www.businessinsider.com   time to read: +12 min
He had told Oxford Gold that he wanted to "get the lay of the land" ahead of picking up a $9 million order for 151 gold kilo bars. But most unusual was that Mancuso wanted to pick up the order from the Oxford Gold office, the source said. The next day, Mancuso contacted Oxford Gold about buying $9 million worth of gold, and the company agreed to sell him 151 gold kilo bars. But Oxford Gold was alerted on December 2 that this was a fraudulent transaction, said a source with direct knowledge. Unsure what to do, Oxford Gold contacted the Beverly Hills Police Department, and eventually got in touch with the FBI, this source said.
☆ The Week That Was: J&J reaches baby powder settlement
  + stars: | 2023-04-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: J&J reaches baby powder settlementCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ The Week Ahead: Inflation data headlines busy week of economic data
  + stars: | 2023-04-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: Inflation data headlines busy week of economic dataCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Semiconductors stand to make massive gains with the evolution of A.I., says KKM's Jeff Kilburg
  + stars: | 2023-04-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemiconductors stand to make massive gains with the evolution of A.I., says KKM's Jeff KilburgEd Lee, New York Times reporter, Jeff Kilburg, KKM financial founder and CEO, CNBC's Dum Chu join 'Power Lunch' to discuss bipartisan efforts to manage A.I. development, companies positioned to benefit from A.I. growth, and U.S. China tensions around chip manufacturers.
☆ Malaysia seeks to decriminalise suicide attempts
  + stars: | 2023-04-04 | by ( ) www.reuters.com   time to read: +1 min
KUALA LUMPUR, April 4 (Reuters) - Malaysia is seeking to decriminalise suicide attempts, its law minister said on Tuesday, the latest in a recent slew of legal reforms pursued by Prime Minister Anwar Ibrahim's government. "This is based on the fact that suicide attempts are within the scope of suicidal behavior and this act is the impact of mental incapacity or psychiatric disorder," Azalina said. In comments made last year, former health minister Khairy Jamaluddin said Malaysia had in 2021 recorded 1,142 suicide cases, compared to 631 cases in 2020. Azalina said the government hopes the reform will encourage those affected to seek help, remove the stigma of suicide, and lower the country's suicide death rate. Reporting by Mei Mei Chu; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
☆ The Week Ahead: March 31, 2023
  + stars: | 2023-03-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week Ahead: March 31, 2023CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ The Week That Was: March 31, 2023
  + stars: | 2023-03-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Week That Was: March 31, 2023CNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
☆ Factbox: Asia's carbon pricing and emission trading systems
  + stars: | 2023-03-31 | by ( Matthew Chye | ) www.reuters.com   time to read: +5 min
Here is a look at some of the carbon emissions trading systems (ETS) and pricing mechanisms in Asian countries aimed at reducing greenhouse gas emissions and achieving net zero targets. * A carbon levy will be introduced from around 2028/29 on fossil fuel importers such as refiners, trading houses and electricity utilities. INDIA* Parliament in December passed the Energy Conservation (Amendment) Bill 2022 that sought to establish carbon trading. * Authorities are studying the implementation of a carbon exchange and plan to set up agencies to monitor and verify emission volume. MALAYSIA* The stock exchange launched a voluntary carbon market (VCM) in December with the introduction of the Bursa Carbon Exchange, the world's first Shariah-compliant carbon exchange.
☆ Foxconn founder Gou, possible Taiwan presidential candidate, to visit US
  + stars: | 2023-03-27 | by ( ) www.reuters.com   time to read: +2 min
TAIPEI, March 27 (Reuters) - Terry Gou, the billionaire founder of major Apple Inc (AAPL.O) supplier Foxconn (2317.TW), will visit the United States this week, his office said on Monday, as he considers another run for Taiwan's presidency. Gou will leave for the United States on Monday evening for a 12-day visit his office called a "journey of scientific and technological economic development" and will also speak at the Washington think-tank, the Brookings Institution. "Not only the United States, but also other major democratic allies have been gradually paying attention to security issues in the Asia-Pacific region," his office said in a statement. Taiwanese presidential candidates traditionally go to the United States before elections given Washington's oversized role in ensuring Taiwan's security in the face of China's military threats to the island Beijing views as Chinese territory. While Gou has said he is considering another run for the January 2024 presidential election, the KMT has yet to choose its presidential candidate.
☆ Asian Americans are anxious about hate crimes. TikTok ban rhetoric isn’t helping
  + stars: | 2023-03-26 | by ( Brian Fung | ) edition.cnn.com   time to read: +15 min
And the Chinese government’s authoritarian approach to numerous other issues clashes with important American values, said many Asian Americans interviewed for this article. Concerns about China have gone mainstream as US national security officials and lawmakers have publicly grappled with state-backed ransomware attacks and other hacking attempts. People rallied during a "Stop Asian Hate" march to protest against anti-Asian hate crimes on Foley Square in New York, on April 4, 2021. But to Chu, the incident was an example of the way politics surrounding China, technology and national security have fueled anti-Asian sentiment. “Asian American issues are American issues, and all Americans deserve to be treated with respect.
☆ This 26-year-old from Hong Kong is transforming a ‘dinosaur industry’ — one luxury watch at a time
  + stars: | 2023-03-24 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +5 min
As a young, avid collector of luxury watches, Austen Chu said he was scammed "many times" when he bought timepieces from the secondary watch market. Not only did his obsession with watches help him overcome those bad purchases, the experiences also propelled him to start his own consignment-based platform for luxury watches, Wristcheck. The luxury watch market is what calls a "dinosaur industry" that can be "intimidating" for the younger generation to get into, Chu said. WristcheckBy starting Wristcheck, Chu hoped to provide more transparency and accessibility to his peers. After all, Gen Z is projected to make up a third of the luxury market by 2030, due to a surge in wealth creation and the influence of social media.
☆ How shadow bankers are already emerging as winners in the SVB collapse
  + stars: | 2023-03-14 | by ( Rebecca Ungarino | Dakin Campbell | ) www.businessinsider.com   time to read: +6 min
But the momentum already behind the secretive private credit space has picked up — fast. He was witnessing a new willingness from borrowers to turn first to private credit, a market that has grown yet generally remains more opaque than its public-market counterparts. "Borrowers used to look at these banks and say, 'Look, the banks, they've been around forever. The private lenders say that privacy is all part of the pitch. Money managers smell opportunityThe momentum already behind the secretive private credit space has gained steam as the SVB collapse pushes companies to consider alternate sources of debt and, on the other side, private credit managers seek out new targets.
☆ Are they for real? South Korean girl band offers glimpse into metaverse
  + stars: | 2023-03-14 | by ( Hyunsu Yim | ) www.reuters.com   time to read: +5 min
[1/3] Footages of virtual girl group MAVE is played at the control room of MBC in Seoul, South Korea, February 28, 2023. Apart from backing MAVE:, Kakao launched a 1.25 trillion won ($960 million) tender offer last week to buy South Korean K-pop pioneer SM Entertainment (041510.KQ). SM is home to popular K-pop groups such as Girls' Generation, H.O.T., EXO, Red Velvet, Super Junior, SHINee, NCT Dream and Aespa. MAVE: is an "ongoing" project to explore new business opportunities and find ways to work around technological challenges, said Chu Ji-yeon, who heads Metaverse Entertainment. But South Korean technology has made much progress since then in creating virtual characters.
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