Topics: Hong Kong

Qiro Finance Snaps $1.2 Mn in Pre-seed Round to Advance Decentralized Credit Protocol

Qiro Finance, a Singapore-based decentralized finance (DeFi) company has raised $1.2 million in its pre-seed round funding led by Alliance (an early-stage web3 accelerator),...

Fractional Ownership is the future of commercial real estate investment

Indians for long have invested their household savings in Gold and Real estate. You can't but agree more with Theodore Roosevelt: "Every person who invests...

India continues to lose scribes to Covid-19

Geneva/Guwahati: One more Indian journalist falls prey to the Covid-19 pandemic as Noida based scribe Pankaj Shukla breathed his last on 20 November 2020....

Geojit partners with Stockal to develop AI powered global investment platform

Geojit Financial Services Ltd has announced its partnership with New York-based global wealth management platform Stockal to develop the AI-powered global Investor platform for...

Synergy enters in India’s insurance market

Hong Kong-based insurtech solution provider, Synergy Strategic Solutions Ltd on Monday announced its plan to enter India's fast-growing insurance market. In a statement issued, Synergy...

Coronavirus: Disney to temporarily shut Hong Kong Disneyland

As coronavirus cases continue to increase in Hong Kong, Walt Disney Co. on Monday said, "From July 15, 2020, it will temporarily close its...

Geely raises $836 million through shares sale

Hong Kong-based automaker Geely has raised HK$6.48 billion ($836 million) through a share sale. In a statement issued, Geely said, "The company has raised HK$6.48...

COVID19 Update: US announces $58 billion aid to avoid airline industries bankruptcies

Governments stepped up efforts on Thursday to help airlines hammered by a virus-induced travel slump, with the United States offering $58 billion in aid,...

Twitter asks its employees to work remotely, Suspends non-critical business travels and events

Citing the safety of employees and partners from the recent novel coronavirus outbreak (COVID-19), the U.S. based micro-blogging company Twitter Inc. has suspended all...

Coronavirus Update: Government of Hong Kong to give big cash handouts as economy reels from virus

The Hong Kong government on February 26 said it will give HK$10,000 ($1,280) handout to seven million permanent residents in a bid to jump-start...

Coronavirus Outbreak: Central govt asks its citizens to avoid all non-essential travel to Singapore

In furtherance to the travel advisory issued earlier in the wake of the deadly coronavirus outbreak, the government on Saturday advised citizens to avoid...

Europe reports first death as Chinese tourist in France dies from coronavirus

An elderly Chinese tourist hospitalised in France has died of the coronavirus, becoming the first fatality in Europe, French Health Minister Agnes Buzyn said...

Huawei Technologies gauges interest among lenders for a loan up to $1.5bn

Chinese telecommunications giant Huawei Technologies is back for its second offshore loan this year, gauging interest among lenders for a loan of up to...

China at G20 meeting: The United States is world’s biggest source of instability

The United States is the world's biggest source of instability and its politicians are going around the world baselessly smearing China, the Chinese government's...

London Stock Exchange rejects Hong Kong’s $39 billion’s takeover bid

London Stock Exchange has rejected Hong Kong Exchange's $39 billion takeover offer, opting to stick with its planned purchase of data and analytics group...

Salesforce partners with Alibaba, plans to provide cloud sales solutions in China

A U.S. based cloud-based CRM company Salesforce Inc has announced its strategic partnership with Chinese e-commerce company Alibaba Group Holding. In a statement issued by...

Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...

Volkswagen AG to acquire a big stake in Chinese EV partner JAC Motors

Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as...

China to ban bitcoin mining

China's state planner wants to ban bitcoin mining, according to a draft list of industrial activities the agency is seeking to stop in a...

Chinese crypto miner maker Canaan’s IPO application is likely to be delayed

Canaan Inc, one of the world’s leading cryptocurrency mining equipment makers, has let its application for a Hong Kong IPO of at least $400...

Hong Kong’s SFC plans to monitor crypto exchange

Hong Kong’s Securities and Futures Commission (SFC) will propose a regulatory regime known as a “sandbox” for crypto exchanges in the Asian financial hub,...

Ola in talks to raise $100Mn from Hong Kong-based hedge fund Steadview Capital

India based ride-hailing company Ola, is planning to raise $100 Mn investment from one of its existing investor from Hong Kong-based hedge fund Steadview...

FinTech startup IndWealth secures $30 million from Steadview Capital

Ashish Kashyap, Former CEO of Ibibo on Monday announced: "his new venture IndWealth has secured $30 million from Steadview Capital." The company in a statement...

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