China Last Night KraneShares Key News China outpaced the rest of Asia overnight as the continent’s markets were mixed as concerns over global growth continue to mount. Yesterday, US Fed Chair Jerome P...
Tag: Asia
Indonesia Sets Eyes on Becoming the Crypto Capital of Asia
A well-visioned regulatory framework & the meteoric rise in the number of blockchain and crypto projects have paved the way for Indonesia to stake its claim as the crypto capital of Asia. In a cou...
Toyota Stock Falls After It Cuts Production Again. Bad News for Car Prices.
Text size Toyota reduced its output forecast, citing parts shortages. Above, a dealership in Houston. Brandon Bell/Getty Images Toyota Motor updated its production plans, unveiling more cuts. Wednesda...
Hundreds Killed And Millions Evacuated In Devastating South Asia Floods
Topline More than 100 people were killed in severe flooding in Bangladesh, China and India this week, devastating cities and cropland, and forcing millions to evacuate. People are seen on a boat after...
Five Reasons The Ukraine War Could Force A Rethink Of Washington’s Pivot To Asia
Russia’s invasion of Ukraine has greatly complicated U.S. military and diplomatic calculations, but it doesn’t seem to have changed official Washington’s belief that China is the greater threat. A fac...
Indonesia To Host Coinfest Asia, the First and Biggest Crypto Festival in Asia
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows Asian marke...
Indonesia aims to become the crypto capital of Asia
A country with nearly 280 million tech hungry people, one of the largest markets in Asia & a huge unbanked population are the factors driving crypto adoption in Indonesia. According to a recent r...
Asia will be next to experience a crypto blast soon
According to an Accenture study, cryptocurrencies will experience massive growth among top Asian investors in the future. More than half of rich investors own cryptocurrencies, with another 21% plann...
HSBC May Unlock $26.5 Billion in Asia Spin-Off, Report Says
(Bloomberg) — Most Read from Bloomberg A break up of HSBC Holdings Plc’s Asian unit could unlock $26.5 billion, or about a fifth of its current market value, according to research that could sup...
Indonesia – World’s 4th Largest Populous Country Sets Eyes on Becoming the Crypto Capital of Asia
A well visioned regulatory framework & the meteoric rise in the number of blockchain and crypto projects, has paved way for Indonesia to stake its claim as the crypto capital of Asia. A country w...
Bitcoin Slips Below $25,000 as Celsius and Fed Batter Confidence
Text size Bitcoin has been hurt by a loss of confidence sparked by interest-rate hikes and problems at Celsius, one of the biggest crypto lenders. Paul Yeung/Bloomberg Bitcoin, the largest cryptocurre...
Asia In The Global Book Market
Dolly Parton and James Patterson discuss their new book “Run, Rose, Run: A Novel” during the 2022 … [+] SXSW Conference and Festival in March. Patterson’s books sell well globa...
Land ahoy! Unraveling how Asia can be the next big place for crypto adoption
Accenture recently carried out a survey studying digital asset portfolios of Asian investors. Accenture research suggests that cryptocurrencies will see a huge growth in the future among elite Asian i...
Samsung Asset Management Set to Launch First Blockchain ETF in Asia
The ETF will seek to invest in stocks of blockchain-related companies, including developers with R&D, beneficiaries, and investors, around the world, a move that is aimed at achieving long-term ca...
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the non-fungible token (NFT) industry. Following the completion of the plan, GCC will become the first...
How Vitasoy Is Driving The Plant-Based Sector In Asia
Vitasoy soybean field in Australia Vitasoy The Chinese market for plant-based products has experienced fast growth for the past years. Sales for alternative meat products are booming, and so are the p...
Binance Courts Philippine License, To Target Southeast Asia
The world’s largest crypto exchange Binance is currently seeking the Virtual Asset Service Provider (VASP) and Electronic Money Issuer (EMI) licenses in the Philippines. Binance CEO “CZ” met with Phil...
Indonesian Exchange Pintu Raises $113M to Be ‘Coinbase of Southeast Asia’
Overcoming recent headwinds in the crypto market, Indonesian cryptocurrency exchange and wallet Pintu announced today that it has raised $110 million in Series B funding from Lightspeed, Pantera Capit...
Oil Eases Off of Three-Month High as Russian Crude Heads to Asia
(Bloomberg) — Oil slipped as rising volumes of Russian crude headed to Asia countered bullish sentiment spurred by Saudi Arabia’s bigger-than expected price increase for deliveries to the Far Ea...
Saudis Raise Oil Prices More Than Expected Amid Asia Rebound
(Bloomberg) — Most Read from Bloomberg Saudi Arabia raised oil prices for its biggest market of Asia by more than expected as demand rises with the region’s main economies easing coronavirus res...
How This Online Marketplace Is Changing The Face Of Cross-Border Commerce In Asia
Peeba co-founders Kevin Cho and Jacky Lai digitizes wholesale market with BNPL offering Peeba Travel was not the only sector disrupted by Covid border problems as retail equally faced bottlenecks in l...
Stock Market Today: Global Stocks, U.S. Futures Move Higher on Memorial Day
Text size Stock and bond trading will resume on Wall Street on Tuesday after Memorial Day. Ed Jones/AFP via Getty Images Global stocks and U.S. futures rose on Monday amid a quiet day for markets due ...
Asia Stocks, US Futures Rise as China Curbs Eased: Markets Wrap
(Bloomberg) — Stocks in Asia and US futures advanced Monday after China eased some virus curbs and Wall Street had its best week since November 2020. Most Read from Bloomberg Japanese equities l...
What Does ‘Friend-Shoring’ Mean For Asia
(L to R) Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Japanese Prime … [+] Minister Fumio Kishida and Indian Prime Minister Narendra Modi attend the Japan-U.S.-Australia...
Binance P2P Waives 50% Maker Fees for Southeast Asia
The Southeast Asian branch of the Binance P2P exchange announced a new fee promotion to be held in the last week of May. From the 24th to the 31st, new orders will get a 50% discount on maker fees dur...
Strong air travel recovery in US, Europe, Latin America but Asia lags
International air travel has been making a strong recovery this year, with the exception of the Asia-Pacific region, which is “lagging significantly behind,” according to the International...
Some Of Korea’s Biggest Conglomerates To Build Small-Scale Nuclear Plants In Asia
Getty Samsung and two other Korean conglomerates have signed an agreement with U.S.-based NuScale to build small-scale modular nuclear reactors, known as SMRs, in Asia as demand for clean energy grows...
Will Europe Ignore U.S. Warnings About China Like They Ignored Warnings Of The Russian Invasion Of Ukraine?
TOPSHOT – French President Emmanuel Macron (2ndL) welcomes EU Commission President Jean-Claude … [+] Juncker (L), German Chancellor Angela Merkel (C) and Chinese President Xi Jinping (R) b...