Category: Markets

Bitcoin Slides 14 Percent On Crackdown Fears Hits Four-week Low

LONDON – Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South...

Exclusive Us Lawmakers Urge Atampt To Cut Commercial Ties With Huawei -sources

WASHINGTON – U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd...

Jdcom Widens Southeast Asia Presence By Investing In Vietnams Tikivn

BEIJING – Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing...

Google Says No Changes To Mapping Platform In China After Report

BEIJING – Alphabet Inc’s (GOOGL.O) Google said on Tuesday it has made “no changes” to its mapping platform in China, denying an earlier media...

Jdcom Vng Corp Lead Investment In Vietnamese E-commerce Firm Tikivn

BEIJING – Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia...

Blackberry Launches Cybersecurity Software For Self-driving Cars

– Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars....

Google To Relaunch Map Service In China Nikkei

– Alphabet Inc’s (GOOGL.O) Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday. The company has set up a...

Any Rule On Bitcoin Must Be Global Germanys Central Bank Says

FRANKFURT – Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual,...

Samsung Aims To Double Africas Share Of Its Revenues In Five Years

NAIROBI – South Korea’s Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm’s global...

China To Block Cryptocurrency Platforms That Allow Centralized Trading Bloomberg

BEIJING – Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported...