HONG KONG: A Chinese painting from 1924 is expected to fetch at least US$45 million in an auction in Hong Kong, as collectors' appetite for art continues to rise even amid economic uncertainty brought about by the coronavirus pandemic. The painting by influential Chinese modern artist Xu Beihong ......
KUALA LUMPUR: Microsoft Corporation will invest US$1 billion in Malaysia over the next five years as part of a new partnership with government agencies and local companies, Prime Minister Muhyiddin Yassin said on Monday (Apr 19). The investment would be the US tech giant's biggest in Malaysia ...
LONDON: What do you do with a US$69 million artwork that doesn't physically exist? That's the question faced by the Singapore-based investor calling himself Metakovan, who made headlines last month when he bought the digital artwork Everydays: The First 5000 Days by the American artist Beeple at ...
SINGAPORE: Electric motorcycle manufacturer EuroSports Technologies (EST) has partnered with Strides Transportation, a subsidiary of public transport operator SMRT, to develop, market and supply smart electric motorcycles. The two signed an agreement on Monday (Apr 19) that will see Strides act as ...
NEW DELHI: HS Panno, an independent contractor living in a spacious two-story penthouse in New Delhi, had his doubts when he bought his first electric car in September. So far, he's pleased with his savings on gas and maintenance, which are down by more than half, but disappointed with the...
Australia's Orocobre and Galaxy Resources announced a A$4 billion (US$3.1 billion) tie-up on Monday (Apr 19) to create the world's fifth-largest lithium miner, as demand soars for the key raw material in electric vehicle batteries. Orocobre will aquire peer Galaxy under a scheme of arrangement for ...
TOKYO: Japan's exports posted their strongest growth in more than three years in March, led by a surge in China-bound shipments, in a sign the economic recovery from last year's deep coronavirus slump remains intact. However, the trade data is unlikely to completely ease worries about the fragile ......
SYDNEY: Australia's Crown Resorts said on Monday i(Apr 19) t will assess a A$3 billion (US$2.32 billion) offer by US private equity firm Oaktree Capital to buy James Packer's 37 per cent stake in the casino operator. Packer's influence on the company he founded came under intense scrutiny in a ......
Bitcoin, the world's biggest cryptocurrency, fell as much as 14 per cent to US$51,541 on Sunday (Apr 18), reversing most of the big gains it made over the past week. Bitcoin was last trading down 10 per cent at US$53,991 as of 1320 GMT, a whopping US$12,000 below record highs set...
Fears of currency debasement are driving investors into cryptocurrency. But is the volatile Bitcoin the future of money, and is it a reliable store of value? Money Mind reports.
