SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies .
Hong Kong's financial regulator will publish a regulatory framework for crypto currency exchanges later on Wednesday, Chief Executive Ashley Alder announced at a fintech conference in the city.
SINGAPORE: A 30-year-old importer was fined S$72,400 on Wednesday (Nov 6) for evading Goods and Services Tax (GST) on multiple consignments of mobile phone spare parts. Jimmy Ong, a partner of a mobile phone repair company Quality Comm, had purchased mobile phone spare parts from his suppliers in ...
<p>THE National University of Singapore’s School of Computing (NUS Computing) has teamed up with blockchain-powered global payments firm Ripple to help grow Singapore’s financial technology (fintech) sector.</p>
International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp , which will be the first major bank to use the platform.
China's digital currency will create a "horse race" when it is launched as commercial banks and other institutions compete to provide the best services using the new form of money, a central bank official said on Wednesday.
Volvo Cars said on Wednesday it will make the cobalt used in its batteries globally traceable using blockchain technology, following an agreement with its two battery suppliers, China's CATL and South Korea's LG Chem.
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of US$27 billion, the Wall Street Journal reported on Tuesday.
Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses.
China's Didi Chuxing said on Wednesday it will relaunch its Hitch carpooling service in seven Chinese cities at the end of November, with improved safety features and more rigorous driver and passenger verification mechanisms.
