Sectors
IMF dashes hopes of China; Yuan still out of fund's currency basket
The world's second largest economy China has to wait for one more year to make its currency 'Yuan' a part of International Monetary Fund's (IMF) currency basket. Dashing the dragon country's hopes, IMF's board favored a decision to keep renminbi as it is until 30 September 2016 year.
Big Data in Food Production: FarmLogs helps farmers increase crop yields using flow sensors and satellite imagery
FarmLogs CEO Jesse Vollmar has come up with a monitoring solution that would utilize significant data to improve production of crops through cloud computing.
European bailout fund grants release of aid to Greece
The first tranche of the bailout package for Greece has been released. The European Stability Mechanism board approved the release of €26 billion ($29 billion) Wednesday after assemblies of creditor nations, including Germany, endorsed the package.
Twitter aims to create more content partnerships in Asia Pacific and the Middle East
Twitter now wants to forge more content partnerships in the regions of the Asia Pacific and the Middle East. As part of the company's efforts to manage such a feat, the social media giant has tapped their own Singapore-based executive Rishi Jaitly to lead teams to be spread out all across the different sections of the regions, according to Reuters.