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
The U.K. will find out who its next prime minister will be this week as voting within the U.K.'s ruling Conservative Party comes to a close.Europe Politicsread 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
At least seven people are feared dead in a series of presumed terror incidents in the British capital centered on London Bridge where a white van careened into pedestrians and injured scores into early Sunday morning in the UK.
Reuters, citing the Sun newspaper, said as many as seven people were feared dead from the London Bridge attack and two alleged attackers were shot by armed police in what appeared to be a connected incident in nearby Borough Market. The newspaper said five people were in the van that drove into pedestrians, wielded knives, and then targeted people in pubs and restaurants in Borough Market.
The police have yet to confirm the number of casualties in the attack.
Separately, London's ambulance service said it had taken at least 20 people to the hospital and treated others on the scene after an attack at the London Bridge area.
"We have taken at least 20 patients to six hospitals across London following the incident at London Bridge," the London Ambulance Service's assistant director of operations, Peter Rhodes, said in a statement. "We have also treated a number of people at the scene for less serious injuries."
Separately, London police are unsure if all the militants involved in a deadly attack have been
accounted for, Reuters said, citing Sky News.
A police spokesman declined to comment to Reuters about the report.