Coinbase, the biggest US cryptocurrency exchange, plans to acquire recently launched futures exchange FairX to “make the derivatives market accessible to our millions of customers through an industry-leading, simplified user experience.”
Singapore has long rivalled Hong Kong in the battle to become the financial hub of Asia. Now, it has an unprecedented opportunity to stake a claim as the region’s fintech leader as its northern rival battles regulatory restrictions.
As cryptocurrency scams become more sophisticated, especially with the emergence of so-called “rug pulls”, recently released data shows that cryptoscams reached an all-time high in 2021. Illegal operations made off with more than $7.7 billion of investors' wealth, which is 81% more than in 2020.
Network gear maker Cisco Systems has made a takeover offer worth more than $20 billion for software maker Splunk Inc, the Wall Street Journal has reported
The carrier will use the blended sustainable aviation fuel from ExxonMobil in its planes and Scoot flights from the third quarter of this year
Regulator meets with 27 firms such as Tencent, Alibaba and ByteDance to explain the regulatory landscape so they have a clearer grasp of sustainable 'development opportunities'
Shares of Chinese construction companies, cement makers and machinery suppliers soared on Monday after Beijing pledged to ramp up infrastructure investment to bolster the slowing economy
Life Insurance Corp of India's embedded value has been put at more than 5 trillion rupees ($66.8bn), an official overseeing what is expected to be the country's largest IPO said on Thursday
Google, Twitter and Facebook executives faced heated demands in a meeting with Indian officials, who said their inaction on fake news forced Delhi to order content takedowns, sources said
World's largest economy is showing signs of tighter lending conditions even before Fed has acted as rates on 30-year fixed mortgages have jumped
Tata Consultancy Services and Infosys have overtaken US titan IBM to give India two of the world's top three IT services brands.
Green hydrogen will be a key facet of the huge transformation of global energy consumption because of global warming. Over 30 countries and regions have export and import strategies, renewables agency says