China tells banks to stop supporting cryptocurrency
China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions. That follows an order on Friday to...
In Indonesian banking, rise in religious conservatism ripples across sector
JAKARTA: A rise in religious conservatism in Indonesia is drawing talent away from what some view as un-Islamic jobs in banking, industry professionals say,...
Pacific undersea cable project sinks after US warns against Chinese participation
BEIJING: A World Bank-led project declined to award a contract to lay sensitive undersea communications cables after Pacific island governments heeded US warnings that participation...
Chinese apps could face subpoenas or bans under Biden order – sources
The goal is to keep foreign adversaries like China and Russia from gaining access to large amounts of personal and proprietary business information. [caption id="attachment_13114"...
Cryptoassets: Fears that investors are taking too many risks
More people are investing in so-called cryptoassets and they are less likely to think they are taking a gamble, the City regulator suggests. The research...
World Bank rejects El Salvador request for help on bitcoin implementation
Earlier on Wednesday, Salvadoran Finance Minister Alejandro Zelaya said the Central America country had sought technical assistance from the Bank as it seeks to use...
Federal Reserve warns US economy path depends on virus
The US central bank has pledged to continue to support the economy even as the effects of the pandemic ease. [caption id="attachment_13101" align="alignnone" width="976"] The...
UK, Australia agree post-Brexit free trade deal
LONDON: Britain has agreed its first major post-Brexit free trade deal with Australia, London announced Tuesday (Jun 15), adding that they plan to "intensify cooperation...
Small turnout as Jewel Changi Airport reopens after more than a month
SINGAPORE: Around 10 customers were gathered outside the Rich & Good Cake Shop outlet at Jewel Changi Airport a few minutes before it opened for...
Apple reaffirms privacy stance amid Trump probe revelations
SAN RAMON, California: Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration...