Philippine mobile wallet GCash has raised more than US$175 million in capital from New York-based private equity fund Bow Wave Capital Management, the financial technology arm of Globe Telecom Inc said.
SINGAPORE: Cryptocurrencies plunged on Monday (Jan 11), with bitcoin dropping more than 12 per cent to a one-week low as rising US bond yields lifted the dollar broadly and hurt other safe assets that pay no income. Bitcoin fell as far as US$33,447, its lowest since Jan 6. Ethereum...
SAN FRANCISCO: The big tech show will go on, but online only: The 2021 Consumer Electronics Show kicks off Monday (Jan 11) aiming to create connections and showcase the latest in robotics, smart devices, digital health and more. About 1,800 exhibitors will be participating in the show, forced to...
HONG KONG: Hong Kong's original stock market tracker said Monday (Jan 11) it would make no new investments in firms listed by Washington as having links to China's military as it also recommended Americans no longer invest in the fund. The announcement is the latest stark illustration of how...
BEIJING: China's search engine giant Baidu said on Monday (Jan 11) it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV), the latest move by a tech company in the fast-evolving sector. Baidu, which has been developing autonomous ...
China's consumer prices rebounded in December, official data showed Monday, as food prices picked up due to weather difficulties and rising demand ahead of the Lunar New Year festival.
As first years on the job go, Paolo Ferrari, president, CEO and COO of Bridgestone Americas, Inc., has certainly had an eventful one.
SINGAPORE: Those who celebrate Chinese New Year are encouraged to give out e-hong baos this year, as this will help to reduce queues for new notes and is more environmentally friendly, said the Monetary Authority of Singapore (MAS) on Monday (Jan 11). For people who still prefer to use new ...
SINGAPORE: Singapore Airlines (SIA) Group said on Monday (Jan 11) that demand for air travel continued to gradually return last month, as it carried the most number of passengers since COVID-19 border restrictions were implemented. Overall passenger carriage, measured in revenue passenger ...
CHENGDU, China/SHANGHAI: China's electric vehicle (EV) maker Nio Inc, which competes with conventional premium automakers including Daimler AG and BMW, may make mass market products under another marque, its chief executive said. "As EV technologies advance and battery cost lowers, it is ...
