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March 28, 2023

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Montenegro charges crypto fugitive Do Kwon with forgery

The Terraform founder is accused of fraud over his company’s dramatic collapse last year, which wiped out about US$40 billion of investors’ money and shook global crypto…

  • Published: March 27, 20239:04 am
  • Author Ann Asianews Network
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Co-founder of Singapore-based crypto firm behind Terra/Luna collapse arrested in Montenegro

Do Kwon, a South Korean national, faces eight counts, including wire fraud, commodities fraud, securities fraud, and conspiracy to defraud and engage in market manipulation.

  • Published: March 24, 20239:35 am
  • Author Claire Huang
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China unveils first self-developed flight simulator

The flight simulator has become the first self-developed flight simulator that has cleared the highest certification standard of the Civil Aviation Administration of China.

  • Published: March 24, 20239:28 am
  • Author Zhu Wenqian
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Wall St ends sharply lower as Powell warns inflation fight continues

According to the Fed’s statement, some additional tightening might be possible but suggested it was on the verge of pausing future hikes in view of recent turmoil in the…

  • Published: March 23, 20238:34 am
  • Author Ann Asianews Network
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Credit Suisse staff from Singapore to London flood headhunters with calls

The flurry of calls highlights the heightened anxiety of Credit Suisse’s employees amid a takeover that has been described by UBS chairman Colm Kelleher as an emergency rescue.

  • Published: March 22, 20239:29 am
  • Author Ann Asianews Network
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Malaysia turns to smart farming to boost food security

The country hopes to ramp up domestic production and reduce import dependency using technologies such as the Internet of Things (IoT) and precision farming.

  • Published: March 22, 20239:20 am
  • Author Hazlin Hassan
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Biden Administration Wants TikTok’s Chinese Owners to Divest

The move is an escalation of America's efforts to address national security concerns about the company’s Beijing-headquartered owner ByteDance.

  • Published: March 17, 20238:48 am
  • Author Ann Asianews Network
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Korea to build world’s largest system chip cluster

Samsung will lead investment in the new non-memory chip cluster in Yongin that could create 1.6m jobs

  • Published: March 16, 20239:12 am
  • Author Shin Ji-hye
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Taiwan shipping giant Evergreen to give staff 11-month mid-year bonus after massive year-end payout

The company made headlines last December for rewarding employees with massive year-end bonuses worth up to 52 months’ pay.

  • Published: March 16, 20239:08 am
  • Author Yip Wai Yee
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Business integration takes centre stage at Asean under Indonesian leadership

Asean Business Advisory Council president Arsjad Rasjid speaks about the programs he plans to push in his chairmanship.

  • Published: March 15, 20238:30 am
  • Author Aditya Hadi

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