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Cash-rich startups are US venture capital’s digital coin challenge

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.


May into June

Think Asian by ANDREW SHENG
APRIL is the cruelest month, so said the famous poet TS Eliot. But one wit remarked that June marks the end of May.


Ergen has more options with US$6.2bil spectrum spree

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.


SoftBank-backed Indian e-tailer Snapdeal predicts profits in two years

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.


Joey Yap: Good time to invest as assets are cheap

THE Year of the Fire Rooster starts crowing with uncertainty at 11.36pm on Feb 3, 2017, replacing the volatile chatter of the Fire Monkey.


China offers anchor of stability, growth in uncertain world

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.


WFA shares 5 predictions for 2017

THE World Federation of Advertisers (WFA), of which Malaysian Advertisers Association (MAA) is a country member, shares its five broad predictions on what 2017 will hold for marketers.


Market research firm of a different stripe

INSPIRED by the book Purple Cow by Seth Godin, veteran market researchers Steve Murphy and Yazid Jamian decided to approach marketing research in a different way when they formed the agency Green Zebras.


China funds cut suggested equity exposure

SHANGHAI: China fund managers further cut suggested equity holdings for the next three months to the lowest level in nearly one year, as the domestic stock markets remain rangebound in thin volume amid increasing uncertainties overseas.


Khazanah MD: Budget 2017 to continue pro-growth, pro-society focus

KUALA LUMPUR: Khazanah Nasional Bhd sees a continuation of a pro-growth and pro-society focus in the upcoming Budget 2017.