Binance returns to the South Korean market.
GOPAX has been acquired by a cryptocurrency exchange for a majority stake. The largest operator of a digital asset trading platform has returned to the market after leaving it two…
Xpeng pushes back its profit target
Xpeng falls after sales fall short of expectations After a poor year in which its stock fell 80% and sales fell short of the yearly target, Chinese electric vehicle manufacturer…
Fossil fuel use in Europe will fall sharply.
The EU is focusing on renewable energy sources. The amount of electricity generated by combustion in the European Union will decrease this year as the bloc focuses on renewables to…
OpenAI introduces a paid ChatGPT subscription.
ChatGPT Plus will give customers access to a chatbot even during peak hours. OpenAl, the research lab behind the virally popular ChatGPT chatbot, is now offering a premium subscription to…
CATL sells $5 billion worth of Swiss GDRs.
A Chinese company could list in Switzerland as early as this year. Contemporary Amperex Technology Co. Ltd., the world’s largest producer of electric vehicle batteries, intends to raise at least…
Stocks slide ahead of key central bank meetings.
Stocks drop in Hong Kong, mainland China, and Tokyo. Asian stocks, as well as futures for US and European stocks, fell on Tuesday as investors anticipated interest rate hikes by…
Taiwan stocks enter the bull market.
The Taiex index jumped amid the return of traders from the New Year holidays. As trading resumed after the Lunar New Year holiday, Taiwan’s core indicator entered a bull market,…
JPMorgan expects more Thai IPOs
Thai IPOs benefit from a strong baht. According to JPMorgan Chase & Co., a rally in the Thai currency will help reverse the decline in the IPO market and provide…
Amazon launches air travel in India
The company is expanding in Asia. Amazon.com Inc. launches air travel services in India and expands in Asia, even though global online sales growth has slowed since the pandemic-era boom.…
Nokia beats Q4 estimates on solid demand
The company reported higher-than-expected earnings. Nokia Oyj reported higher-than-expected earnings, citing strong demand despite a weaker macroeconomic environment as mobile operators are more cautious about spending on 5G networks. In…