Nikkei 225 Rises 0.74% On Softer Yen, Overnight Wall Street Gains

Nikkei 225 Rises 0.74% On Softer Yen, Overnight Wall Street Gains

The Nikkei 225 Wednesday rose 0.74% after overnight gains on Wall Street and the yen traded down against the U.S. dollar, regarded as a positive in export-oriented Japan. Financial stocks, especially brokerages, gained on prospects for more investment and trading income in 2017. Shares of diversified tech-finance shop SoftBank (SFTBF, 5202:Tokyo) rose to their highest level in more than a year, up 6.2% after CEO Masayoshi Son held a meeting […]

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Reata Pharmaceuticals Files for Proposed Public Offering with SEC

Reata Pharmaceuticals Files for Proposed Public Offering with SEC

Reata Pharmaceuticals, a clinical-stage biopharmaceutical company, said Tuesday it has filed with the U.S. Securities and Exchange Commission for a proposed underwritten public offering of shares of its common stock. The company said it will use the net proceeds from the offering to advance the development of its lead product candidate, bardoxolone methyl, as well as its additional lead product candidate omaveloxolone, and to provide funds for working capital and […]

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Italian Referendum Fails to Derail Dow From Record High

Italian Referendum Fails to Derail Dow From Record High

Led by gains in the financial and energy sectors, the Dow Jones Industrial Average set another all-time high at Monday’s open on bullish data from the services sector of the U.S. economy, as well as a fourth day higher in oil futures. The continued rebound in the technology sector was driving the Nasdaq Composite higher by 1.0%, making it the top performer among the benchmark indices. Early turmoil in European […]

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Nova LifeStyle Partners With Future World Lifestyle

Nova LifeStyle Partners With Future World Lifestyle

Nova LifeStyle, a U.S.-based, maker of modern lifestyle furniture, partnered with Future World LifeStyle, which will feature Diamond Sofa Smart Furniture on its www.weilai178.com website. Hong Kong-based Future World Lifestyle offers its 3 million plus members a reward redemption program that can be used for products listed on the site. “Our partnership with Future World Lifestyle demonstrates continued success in expanding our presence in the e-commerce marketplace,” Tawny Lam, CEO […]

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Amazon.com Unveils New Artificial Intelligence-Based Offerings

Amazon.com Unveils New Artificial Intelligence-Based Offerings

Amazon.com has debuted new services to help coders create applications using its artificial intelligence capabilities, according to a report in the Wall Street Journal. The company’s cloud-computing unit, Amazon Web Services, unveiled the offerings at its annual conference in Las Vegas, the report said. Amazon Rekognition will let software developers write programs that detect the number of people in a photo, spot their gender and identify objects, the report said. […]

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