Singapore Steps Up Crypto Demand
MAS sent a detailed questionnaire to some firms Ahead of anticipated legislative reforms, Singapore is concentrating more on companies involved in the cryptocurrency industry. Some applicants and holders of digital…
Li Ning Leads China’s Leading Brand Growth
Sneaker maker Li Ning jumped 66% The Olympic champion’s sportswear brand has experienced the biggest growth this year among China’s 100 Most Valuable Brands. The brand value of sportswear producer…
Gold is at its 3-week low.
The Fed will contain inflation even with the risk of a recession. As Federal Reserve governors confirmed their commitment to tightening monetary policy to combat inflation, gold traded at its…
The Dubai-based startup receives $150 million funding
The startup “buy now, pay later” receives investments from the USA. In the largest loan deal for a fintech company in the Gulf, Dubai-based buy-now-pay-later startup Tabby is raising $150…
US to ban TSMC and Intel from opening chip factories in China
Congress approved $52 billion in funding to support chip manufacturing. A historic $52 billion federal program to develop domestic chip manufacturing capacity was approved by the U.S. Congress, but it…
Tesla has signed a contract with battery suppliers
Huayou and CNGR to supply triple precursors until 2025 Tesla Inc. has renewed long-term contracts with two of its current Chinese battery material suppliers, the automaker’s most recent step to…
Meta started distributing revenue from music to video
Meta Introduces Facebook Music Revenue Sharing Meta Platforms Inc. introduces music revenue sharing on Facebook to help creators make money from licensed music videos in order to compete with TikTok.…
Apple is preparing a discount for buyers from China
Apple announces rare retail promotion in China Apple Inc. announced a rare retail promotion in China, offering four-day discounts on its top-tier iPhones and related accessories in advance of the…
Orange’s quarterly sales fall after European revenue falls
The company is preparing to launch a new strategy in 2023 Orange SA reported a drop in revenue in the second quarter, indicating continued competition in Europe’s telecommunications market, which…
Kathy Wood dumps Coinbase stock for the first time this year
Ark funds sold about 1.41 million Coinbase shares on Tuesday Kathy Wood-managed funds have sold Coinbase Global Inc. stock for the first time this year. Amid reports that the largest…