China’s latest efforts to broaden interest in its onshore currency market show a firm commitment to bolstering the yuan’s global appeal as Beijing works on its approach to chip away at the US dollar’s hegemony.
Colonial Pipeline Co. halted operations on a critical conduit that supplies fuel to the US Northeast, the latest disruption to energy flows following an outage to the Keystone oil pipeline last month.
Sim Wong Hoo, who founded Creative Technology Ltd. in Singapore before sparring with Apple Inc., has died. He was 67.
Sony Honda Mobility Inc. said its electric vehicle will launch under the brand Afeela, the latest debut in a field already crowded by earlier entrants such as Tesla Inc.
An investment firm tied to two of Singapore’s most well-known families is taking steps to bet on the future of digital assets, despite the chill in the industry.
China’s order that its biggest online brokerages stop taking on new onshore investors couldn’t have come at a worse time for Hong Kong’s struggling financial firms.
Chinese shares are off to a strong start in 2023, putting behind a dismal year as fears of isolationist policies give way to signs of an economic powerhouse turning friendlier to both the outside world and its own entrepreneurs.
(Bloomberg) — T-Mobile US Inc. reported preliminary wireless subscriber growth for the fourth quarter that slightly beat analysts’ estimates.
The US Securities and Exchange Commission is pushing back on Binance.US’s plan to buy bankrupt crypto lender Voyager Digital in a deal valued at about $1 billion, according to a bankruptcy court filing.
(Bloomberg) — Amazon.com Inc. is laying off more than 17,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening, according to the Wall Street Journal.Â
