The Year of the Doge? 2021, crypto’s wildest year yet
LONDON : Bitcoin close to US$70,000, "memecoins" worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest...
China calls on state firms to cut energy consumption amid carbon peak goals
BEIJING: Chinese centrally owned state firms must cut their energy consumption per 10,000 yuan (US$1,570) of output value by 2025 to 15 per cent below...
Hong Kong sets minimum home size to counter trend for ‘nano flats’
HONG KONG : Hong Kong's government said on Thursday it will set a minimum size requirement of 26 square meters (280 square feet) - equivalent...
Hong Kong November home prices drop for 2nd month, softening from peak
HONG KONG: Hong Kong private home prices, among the most expensive in the world, softened from an all-time high for the second month in November,...
Sri Lanka boosts FX reserves with lift from Chinese swap
COLOMBO : Sri Lanka has raised its official foreign exchange reserves to around US$3.1 billion, helped by a currency swap agreement with China, sources said...
China’s Didi plans Hong Kong ‘listing by introduction’, picks banks – sources
HONG KONG : China's ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising...
Foxconn to restructure management at India iPhone plant
BENGALURU : Apple supplier Foxconn Technology Group on Wednesday said it was restructuring its local management at its Sriperumbudur facility in southern India after it...
Thai Nov factory output rises 4.84per cent y/y, better than forecast
BANGKOK : Thailand's manufacturing production index (MPI) in November increased 4.84per cent from a year earlier, the industry ministry said on Wednesday, following an easing...
Whistleblower says Facebook put profit before reining in hate speech
WASHINGTON: A Facebook Inc whistleblower yesterday accused the social media giant of repeatedly prioritising profit over clamping down on hate speech and misinformation, and said...
Russia doubles electricity exports to China to help ease power crunch
MOSCOW : Russia's electricity exports monopoly Inter RAO said on Friday that it would double its October supplies to China after a request from...