The unprecedented global shortage in semiconductor chips has helped boost the South Korean tech giant’s revenues and shares, which soared 45% last year and hit a record high in 2021
Move has sparked concerns that young but booming gaming sector – which has seen foreign investors pump in millions of dollars – will suffer catastrophically
New research from the blockchain analytics firm claims that crypto transactions surged 706% in Central and Southern Asia, plus Oceania over the past year.
Southeast Asian payments firm buys stakes from Indonesian conglomerate Lippo and Tokopedia to lift its holdings to 90% from 39%
The IMF says the market value of crypto assets surged 10-fold since early 2020 to surpass $2 trillion and warns that increased trading of the assets risks triggering destabilizing capital flows.
The leading cryptocurrency was closing in on its biggest single-day advance since the middle of June
The world’s leading producer of semiconductors has reassured manufacturers it is working hard to restore supplies but has stressed the supply chain is global and involves many players
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