World Business News
Hong Kong regulator asks Worldcoin to cease operations on privacy concerns
A Hong Kong regulator on Wednesday served an enforcement notice to Worldcoin Foundation directing it to cease all operations of the cryptocurrency project in the [more]
A brief history of Wall Street’s fat finger problem
A SINGLE Citigroup trader caused havoc in European stocks in 2022 after the simplest of blunders: The staffer entered the value of stocks they wanted [more]
Chinese factories recoil from paying record copper prices
CHINESE factories are baulking at paying record copper prices, delaying orders for the metal and cutting production as their customers recoil from more expensive products. [more]
Dollar hovers near highest in a week after hawkish Fed minutes
The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where [more]
JPMorgan CEO Jamie Dimon says U.S. could see a ‘hard landing,’ stagflation will be ‘worst outcome’
JPMorgan Chase's chairman and CEO Jamie Dimon says a "hard landing" for the U.S. cannot be ruled out.When asked by CNBC's Sri Jegarajah about the [more]
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts – News Bytes Bitcoin News
Trading in Metaplanet's stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge. Read More
Joe Rogan Says Elon Musk Is His Favorite Billionaire: ‘I Will Buy Teslas As Long As They Sell Them Just To Support That Dude’ – Tesla (NASDAQ:TSLA)
Loading...In an episode of Joe Rogan Experience that was made public earlier this week, Joe Rogan expressed his admiration for Elon Musk, hailing him as the “coolest” [more]
South Korea sets aside record US$19 billion to fuel chipmaking
SOUTH Korea has unveiled a US$19 billion package of incentives to bolster its chip sector, a boon to Samsung Electronics and SK Hynix as they [more]
Truecaller Teams Up With Microsoft To Create AI Voice To Answer Calls: ‘Transforming The Way We Interact’ – Microsoft (NASDAQ:MSFT)
Loading...Truecaller, the popular caller ID app, has announced a new feature that will allow users to create an AI version of their voice to answer [more]
SIA shares hold steady following turbulence tragedy
SHARES of Singapore Airlines (SIA) fell 1.8 per cent at the opening bell on Thursday (May 23), following a turbulence incident on flight SQ321 that [more]
SIA shares hold steady following turbulence-hit flight
SHARES of Singapore Airlines (SIA) : C6L 0% fell 1.8 per cent at the opening bell on Thursday (May 23), following a turbulence incident on [more]
Mubadala offers to sell US$950 million of GlobalFoundries shares
A UNIT of Mubadala Investment is seeking to raise US$950 million in a sale of GlobalFoundries shares, two years after the chipmaker went public. Read [more]
USD/INR recovers ahead of India-US PMI data
Indian Rupee trades softer on Thursday. Foreign outflows in India and the Fed’s hawkish remarks exert some selling pressure on the INR. Investors will closely [more]
Hong Kong retail traders build big ETF wagers on rally reversal
HONG Kong’s retail investors are ramping up leveraged wagers that a surge in local equities may soon unravel. Read More
Oil prices fall on worries of higher U.S. interest rates
An aerial view of a crude oil storage facility is seen on May 4, 2020 in Cushing, Oklahoma.Johannes Eisele | Afp | Getty ImagesOil prices eased [more]
Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance – Regulation Bitcoin News
Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Read More
HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile
HSBC’s Silicon Valley Bank UK acquisition raises Hong Kong lender’s tech profile with clients, start-upsJust over a year after HSBC Holdings acquired the UK unit [more]
Asia: Shares mixed after Fed minutes, while Nvidia provides support
ASIAN markets diverged on Thursday after minutes from the Federal Reserve’s most recent policy meeting indicated officials would keep interest rates elevated for some time [more]
Evergrande’s EV arm chased to repay subsidies in latest blow
THE electric vehicle (EV) unit of embattled real estate developer China Evergrande Group is being pursued by local governments to repay 1.9 billion yuan (S$354.1 [more]
China’s lacklustre earnings are nearing an inflection point on stimulus bets
OPTIMISM is growing among market watchers that efforts by Beijing to revive China’s economy will translate into a boost for the bottom line of its [more]
Australian Dollar rebounds due to improved risk appetite
The Australian Dollar appreciates ahead of US PMI data on Thursday. Australia's Consumer inflation expectations dropped to 4.1% in May from 4.6% in April, hitting [more]
Up to 20,000 homes, including public housing, planned for new Turf City estate in prime Bukit Timah
ABOUT 15,000 to 20,000 homes are in the pipeline for a new housing estate on the Turf City site, which will include the first public [more]
Up to 20,000 homes, including public housing, planned for new Turf City estate in prime Bukit Timah
ABOUT 15,000 to 20,000 homes are in the pipeline for a new housing estate on the Turf City site, which will include the first public [more]
China’s solar panel sector seeks to curb ‘vicious competition’ with big moves
China’s solar panel industry seeks to curb ‘vicious competition’ with M&As and easy exits to control capacity as EU, US turn up heatLeaders of China’s [more]