The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
The International Monetary Fund (IMF)'s director for Europe refused to rule out Greece needing a further bailout in the future — despite the success of its bond issue earlier during the week.
"Obviously Greece has large financial obligations in the next couple of years," Reza Moghadam told CNBC from the Spring meeting of the IMF and the World Bank in Washington D.C.
"Thanks to the extension of maturities by the European partners… those obligations come in gradually and they are a long time ahead… but it is clear that Greece will continue to need to raise money either from the markets or from the official sector to continue to meet those obligations."
Reuters reported on Friday that Moghadam had told a news conference in Washington that Greece was likely to need further financial help.
"The financing needs for the next two years remain very large. There will be continued need for support," he said, according to the news wire.
Greece tapped the bond market with its first long-term issue since 2010 on Thursday. It sold 3 billion euros ($4.2 billion) of five-year debt, at a lower-than-expected yield of 4.95 percent.
The deal was more than six-times oversubscribed, attracting orders of around 20 billion euros.
Follow us on Twitter: