Grab, whose Q4 revenue fell 27%, said it had invested aggressively in improving incentives for drivers as ride-share demand recovered from pandemic lows
Many of the world's largest crypto exchanges – including Binance, Kraken and Coinbase – have refused to ban Russian clients raising fears of a sanctions backdoor
Hundreds of companies have sought to open Chinese accounts in recent days in a bid to get around Western sanctions, a worker at a Chinese state bank in Moscow said
Japanese chipmaker Renesas Electronics said on Thursday it will set up a design centre with Tata Elxsi to jointly develop electric vehicle technology as the appetite for EVs grows
Flipkart and Freshworks are two early Accel investments in India that have gone on to become iconic companies
As Moscow stands to lean more on China as a trading partner, Chinese companies are likely to take market share from western suppliers
The review will focus on intermediaries' policies, procedures, systems and controls, as well as oversight of the distribution of popular products
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The 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.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade