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Markets

Facebook nixes billions of fake accounts

Facebook on Wednesday said it has taken down some 5.4 billion fake accounts this year in a sign of the persistent battle on social media against manipulation and misinformation.

Markets

Billionaire Hikvision director named in Chinese disclosure probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision , the company said.

Markets

Temasek prices oversubscribed 12-year, 30-year euro bonds at 0.5% and 1.25%

SINGAPORE state investment firm Temasek Holdings on Thursday said its wholly-owned subsidiary Temasek Financial (I) Ltd (TFin-I) has priced its 12-year and 30-year guaranteed euro notes.

Markets

SoftBank’s Yahoo Japan confirms merger talks with Line, shares jump

The Softbank-owned operator of search engine Yahoo Japan is in talks to merge with messaging app firm Line, a union that would create a group extending from retail to mobile payments in one of the biggest Japanese tech deals of the year.

Markets

Stocks in cautious ranges ahead of China data, trade talk hopes fade

Asian stocks clung to tight ranges on Thursday as investors awaited key Chinese data for clues on how much the 16-month trade war between Beijing and Washington has hit growth in the world's second-largest economy.

Markets

SoftBank’s Z Holdings says in merger talks with Line

TOKYO: Japanese Internet firm Z Holdings , the SoftBank-owned operator of Yahoo Japan, said on Thursday it was in talks to merge with messaging app operator Line Corp . Sources told Reuters the previous day a deal could see SoftBank Corp , which controls Z Holdings, and Line's parent...

Markets

Hyundai to make Santa Cruz pickups at Alabama plant in US$410 million expansion

Hyundai Motor Co's manufacturing unit will start making the Santa Cruz pickup trucks at its Montgomery factory in 2021, following a US$410 million expansion at the Alabama plant.

Markets

Singapore maps out route to becoming AI powerhouse

AN INAUGURAL roadmap that lays out Singapore's plan to leverage artificial intelligence (AI) to transform the economy was unveiled on Wednesday, in the country's most ambitious push yet to become a global AI powerhouse.

Markets

MAS reviving its electronic know-your-customer project

THE Monetary Authority of Singapore (MAS) will have a second go at its failed electronic know-your-customer (e-KYC) project, said MAS managing director Ravi Menon on Wednesday.

Markets

UOB and HSBC use technology to address opaqueness of bonds

BOND investors have long grappled with issues of transparency and efficiency, thanks to the largely opaque nature of the fixed-income realm.

Markets

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