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Huawei reported asset sale gains on Monday that helped lift its profit 76% in 2021, turning in its first results under Chief Financial Officer Meng Wanzhou since she returned to China last year
Singapore-based e-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India's retail market just months after starting operations there, citing 'global market uncertainties'
Japan will revise its Foreign Exchange and Foreign Trade Act in the current parliamentary session to prevent sanction-busting by Russia via digital assets, the Cabinet secretary said
The probe agency has asked the Reserve Bank of India to cancel licences of shadow lenders which are owned by Chinese nationals based in Hong Kong
Tesla chief executive Elon Musk said in a tweet on Saturday he is giving "serious thought" to building a new social media platform, one that would prioritize free speech
US has long said running Kaspersky software could open networks to malign activity from Moscow and had banned its flagship antivirus product from federal networks in 2017
Thailand's central bank said on Friday it is planning new policy guidelines for the banking sector, including virtual banks and open banking, for later this year
While the BOJ had made no decision yet whether to issue its own digital currency, its governor told parliament it was proceeding with experiments
Four companies - automakers Nio and Geely, battery swap developer Aulton and state-owned oil producer Sinopec - plan to set up 24,000 swap stations by 2025, up from about 1,400 now
The deal consists of a placement of about $700 million worth of shares to its parent company JD.com and about $400 million in a primary share sale
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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