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NEW YORK: US venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge – some of the hottest tech startups that sell the coins just don’t need their money.
NEW YORK: Dish Network Corp spent a surprising US$6.2bil on wireless airwaves in a government auction, a big splurge that did little to address questions about the endgame for billionaire Charlie Ergen’s satellite company.
MUMBAI: Indian e-commerce firm Snapdeal expects to turn profitable in the next two years, its chief executive officer said, as the company cuts costs and boosts efficiency in a market currently dominated by homegrown Flipkart and US Internet giant Amazon.
BEIJING: China offers "an anchor of stability and growth" in an uncertain world with its support for reform, openness and free trade, Premier Li Keqiang wrote in an article in Bloomberg Businessweek published on Thursday.
KUALA LUMPUR: Khazanah Nasional Bhd sees a continuation of a pro-growth and pro-society focus in the upcoming Budget 2017.