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b>NEW YORK/b>: The hype over Facebook's initial public offering has excited investors revisiting other social media companies, even though most of those stocks have plunged since the fanfare of their own IPOs.
Samsung Electronics shares tumbled more than 7%, wiping RM36bil off its market value.
Alibaba Group Holding Ltd founder Jack Ma wants to keep a tight grip on the Chinese e-commerce company he founded even after he takes it public, and US law gives him several ways to do so.
Executives at top US wealth managers say they need more technology to maintain their market-leading positions as younger investors seek to manage their money in a digital world, but research shows firms are not keeping up with client demands.
In India, low-cost stockbrokers reckon they can grow the paltry percent of households investing in shares with apps that make it as easy to buy stocks on a smartphone as it is to buy gold on a highstreet.
Mark Zuckerberg, who famously urged his company Facebook Inc to "move fast and break things," is taking a similar approach to the staid world of philanthropy, indicating his new venture will get directly involved with politics and may even turn a profit.
A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20% as China's yuan rose sharply.
Shares of Snap Inc had their busiest trading day in two and a half months in a volatile session on July 31, as early investors could sell their shares for the first time since its March market debut.