UBS to absorb Credit Suisse domestic unit
ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its...
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Aug 30, 20231 min read
Bitcoin touches an almost 2-month low
LONDON - Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond yields...
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Aug 30, 20231 min read
Meta's Twitter rival Threads launches web version
SAN FRANCISCO - Threads, Meta's challenger to depose Twitter as the go-to platform for celebrities, companies and governments, is now...
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Jul 31, 20231 min read
PayPay and LINE BITMAX Team Up to Launch New Service
LINE's virtual Asset and blockchain-related business organization, LINE Xenesis Corporation (Head office: Shinagawa-ku, Tokyo;...
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Jul 31, 20231 min read
SEA Digest: Carousell partners Carzuno; Scorpio Electric contracts BYD for EV
Singapore-based classifieds firm and unicorn Carousell has partnered with car subscription firm Carzuno while electric motorcycle maker...
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Jul 31, 20231 min read
JIP's tender offer for Toshiba pushed back to Aug due to regulatory delay
Toshiba Corp said on Friday a group led by Japan Industrial Partners (JIP) is expected to launch a tender offer for the industrial...
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Jul 31, 20231 min read
Low-cost e-commerce platform Temu expands to Japan
Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first foray into the Asian...
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Jul 31, 20231 min read
Australia fines Facebook parent Meta $14m for undisclosed data collection
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling A$20 million ($14 million) for collecting user data...
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Jul 31, 20231 min read
KBank engages in regional markets through KBTG Vietnam's latest Tech Talents Hub
This year marks the first anniversary of the establishment of KBTG Vietnam Company Limited (June 28, 2022), or KBTG Vietnam, in Ho Chi...
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Jul 31, 20231 min read
Indonesia plans incentives for EV makers
jakarta: Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior...
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Jul 31, 20231 min read
Lamborghini unveils EV super car plan
Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to make electric vehicles (EVs) for all of its car models in...
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Jul 31, 20231 min read
Musk launches xAI to rival OpenAI, Google
WASHINGTON: Elon Musk on Wednesday launched his own artificial intelligence (AI) company, xAI, as he seeks to compete with OpenAI, the...
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Jul 31, 20231 min read
Meta launches 'Twitter Killer' Threads app
NEW YORK: Meta's Mark Zuckerberg delivered a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry went live with the...
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Jun 30, 20231 min read
Louis Vuitton’s Soulbound Luxury NFTs
Louis Vuitton is releasing a collection of NFTs retailing for $39,000 each. This week, Louis Vuitton announced a new collection of...
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Jun 30, 20231 min read
HSBC Launches Innovation Banking Brand
HSBC has unveiled the HSBC Innovation Banking, which includes the former Silicon Valley Bank UK (SVB UK) as well as newly formed...
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Jun 30, 20231 min read
Touch ‘n Go Users Can Now Invest in Eight New Funds From RM10
TNG Users can set up a regular savings plan via the auto cash-in function to invest a fixed amount every month to average down the risk...
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Jun 30, 20231 min read
GHL Enables Alipay+ for Over 2,600 Thai Businesses
GHL Systems (GHL), a payment service company in ASEAN region, has enabled Alipay+ for over 2,600 businesses in Thailand to accept...
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Jun 30, 20231 min read
SCBX, KakaoBank Gears up to Apply for Virtual Bank License From Bank of Thailand
SCBX, the financial technology business group of Siam Commercial Bank, announced its readiness to apply for a license to establish a...
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Jun 30, 20231 min read
There Are Only 11 Profitable Challenger Banks In Asia — Here’s The List
Most digital challenger banks around the world are struggling to turn a profit, hampered by high customer acquisition costs, burdensome...
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Jun 30, 20231 min read
Tencent Launches Palm Payments via WeChat Pay
Starting from June 11, Tencent will begin to introduce palm recognition through its WeChat Pay service. The verification method will...
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