President Joe Biden aims to sign an executive order in the coming weeks that will limit investment in key parts of China’s economy by American businesses, people familiar with the internal deliberations said.
US-based crypto exchange Gemini will set up an engineering hub in India and named its Global Chief Technical Officer Pravjit Tiwana as Asia-Pacific chief executive.
Singapore-based startup Higgz Academia Technology Pte is in discussions with potential investors to lift its $100 million valuation in a fresh funding round and capitalize on OpenAI’s ChatGPT phenomenon.
An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul of a Group of Seven price cap relating to the transportation of the nation’s barrels.
China’s push to become self-reliant in the technology sphere is driving more European companies operating there to rethink their research and development plans, according to a report published Friday by the European Union Chamber of Commerce in China.
Rakuten Bank Ltd. surged 38% in its debut in Tokyo on Friday following Japan’s largest initial public offering since 2018.
A former US Secret Service agent who specializes in probing financial cybercrime supported anonymity for creditors in the FTX bankruptcy because of risks from the criminals who stalk the cryptocurrency sector.
The TrueUSD stablecoin, a token that was little known until this year, now makes up the largest Bitcoin trading pair in a major shift spurred by the Binance crypto exchange, according to data provider Kaiko.
China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders.
Spooked by the threat that China might invade Taiwan, the US wants to cut its dependence on the island’s world-beating microchips. Officials in Taipei believe the Biden administration is going too far.
