Markets

Proposed EU rules targeting Facebook, Google and other large online platforms should include privacy rights for users as well as their right to anonymity, a key EU lawmaker steering the debate at the European Parliament said on Wednesday.

Bitcoin and ethereum posted their largest one-day drop since March last year on Wednesday, with losses in the market capitalization for the entire cryptocurrency sector approaching US$1 trillion.

SHANGHAI :Chinese regulators have tightened restrictions that ban financial institutions and payment companies from providing services related to cryptocurrencies, marking a fresh crackdown on digital money.

Global stocks slipped and cryptocurrencies sank deeper on Wednesday as a threat of unwanted inflation had investors shy away from assets seen as vulnerable to any removal of monetary stimulus.

It’s hard to believe that in December 2019, the aviation sector was looking forward to a record year of air travel in 2020. When COVID-19 crash-landed on the world, the optimistic outlook quickly disappeared. But as Money Mind discovers, there’s optimism in the air.

China will strengthen management from both supply and demand sides to curb "unreasonable" increases in commodity prices, and prevent the pass-through to the consumer, the cabinet said on Wednesday.

Indonesia will propose another tax amnesty plan in upcoming talks with lawmakers about tax law revisions, Chief Economic Affairs Minister Airlangga Hartarto said on Wednesday.

Chinese e-commerce platform JD.com Inc reported a 39per cent rise in quarterly revenue on Wednesday, aided by an expanded product line-up that helped lure in more users.

BEIJING/HANOI: China's Lygend Mining said on Wednesday its nickel and cobalt smelting project in Indonesia had made its first batch of mixed hydroxide precipitate (MHP), becoming the first high-pressure acid leach (HPAL) project in the country to reach production. The US$1.05-billion project ...

LOS ANGELES: Bad lip-syncing in dubbing and subtitles can put off audiences and hurt box office takings of foreign films. AI may be about to change all that. Start-up Flawless AI, co-founded by film director Scott Mann, has a tool that it says can accurately recreate lip sync in...