Latest News
- Bitcoin hits US$95,000 as crypto sector seeks White House post under Trumpby Bloomberg on 21 November 2024 at 02:20
The world’s largest digital asset reaches an all-time high in Asia on Thursday.
- Alibaba CEO highlights AI advancement at China’s internet forumby Ben Jiang on 21 November 2024 at 00:00
The agenda at this year’s Wuzhen summit focuses heavily on AI, as China’s tech rivalry with the US grows.
- Meituan aims to launch drone deliveries in Hong Kong’s low-altitude economyby Xinmei Shen on 20 November 2024 at 23:00
The meal delivery giant joins a slew of Chinese tech giants vying for new growth in Hong Kong.
- Sam Bankman-Fried’s ex-deputy Gary Wang spared prison time over FTX fraudby Reuters on 20 November 2024 at 16:58
Wang cooperated with the prosecution and testified in the trial that led to Bankman-Fried’s conviction on fraud and other charges.
- Shanghai court says crypto ownership legal under China law amid bitcoin price surgeby Xinmei Shen on 20 November 2024 at 14:30
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal.
- Alibaba raises US$5 billion from dual-currency bond issue, boosting Hong Kong’s hub statusby Wency Chen on 20 November 2024 at 13:30
The deal marks the biggest corporate bond issue of its kind in the Asia-Pacific region this year.
- Apple reveals App Store revenue share in China as Huawei rivalry growsby Ben Jiang on 20 November 2024 at 12:30
The US giant says most of its App Store revenues in China are paid to developers and companies.
- Huawei’s foldable smartphone sales nearly double in third quarter, report saysby Ann Cao on 20 November 2024 at 11:30
The surge was mainly on the back of Huawei’s Mate X5, which was launched last September and has remained the top-selling foldable model since.