Shenzhen gives $4.5 million in e-CNY to boost consumption
Giving out coupons, including e-CNY red envelopes, has become an effective measure for multiple regions in China to boost online and offline consumption.
China ‘leading world’ in renewable energy: Elon Musk
Previously, Musk released a top 15 ranking of wind power installation worldwide, showing China crowned the list by a capacity of 328,973 megawatts, followed by the United States…
Indonesians wait for motorbikes as chip crunch hits home
The increased use of consumer electronics as people spent more time at home during the pandemic compounded the issue by driving up demand for semiconductors.
Why NFTs lost their lustre
NFTs are tokens linked to digital images, "collectable" items, avatars in games or property and objects in the burgeoning virtual world of the metaverse.
Korea has nearly 100,000 investors holding crypto worth over W100m
As of end-December last year, a total of 5.58 million investors were registered with local crypto exchanges.
Cryptocurrency crashes take a mental toll on young investors
From depression to suicidal thoughts, crypto crashes could have serious consequences for youth who have pinned hopes on risky assets.
Nepal government hikes public transport and cargo fares, again
The state-owned oil monopoly has jacked up the price of petrol 13 times in a year. Petrol now costs Rs170 per liter, a 38.21 percent jump from last year.
Cryptoverse: Stablecoins wend wobbly way into the unknown
Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market mayhem that shook faith in these coins that were designed to sidestep crypto volatility.
Japan’s digital currency experiment enters 2nd stage
Central bank digital currencies are expected to become a major means of payment for goods and services.
South Korea’s tech behemoths Naver, Kakao race for AI dominance
The two tech behemoths Naver and Kakao are going all-in to win the tech war using artificial intelligence, through AI-powered search engines and logistics solutions businesses.