Category: Asias

  • Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why

    Bloomberg latest a report It revealed that in 2024, Singapore has managed to establish itself as a leading digital asset hub in Asia, overtaking Hong Kong in “regulatory efficiency and attractiveness” for cryptocurrency companies. In particular, the city-state has issued 13 cryptocurrency licenses this year, more than double the number…

  • Asia’s Largest Digital Bank Launches Retail Crypto Trading In Hong Kong—Details

    Hong Kong’s largest digital bank, ZA Bank, has Announce Launch of retail cryptocurrency trading service. According to the press release, the service allows users to trade cryptocurrencies directly through the ZA Bank app, “simplifying” the trading process by eliminating the need for external platforms. The move makes ZA Bank the…

  • “Asia’s MicroStrategy” Metaplanet Increases Bitcoin Holdings With $6.7M BTC Purchase

    Japanese investment firm Metaplanet has added another 108.78 Bitcoin (BTC) to its existing holdings, bringing its total reserves to over 639 BTC. Metaplanet is unfazed by Bitcoin price movement in advertisement On October 7, 2024, Tokyo-based Metaplanet revealed that it had purchased an additional $6.7 million worth of Bitcoin, adding…

  • “Asia’s MicroStrategy” Metaplanet Increases Bitcoin Holdings With $6.7M BTC Purchase

    Japanese investment firm Metaplanet has added another 108.78 Bitcoin (BTC) to its existing holdings, bringing its total reserves to over 639 BTC. Metaplanet is unfazed by Bitcoin price movement in advertisement On October 7, 2024, Tokyo-based Metaplanet revealed that it had purchased an additional $6.7 million worth of Bitcoin, adding…

  • Southeast Asia’s Solar Boom Threatened by US-China Trade Tension

    Breadcrumbs Path Links PMN Business The future of Southeast Asia’s booming solar industry, which produces the world’s largest number of solar panels after China, is in doubt as the United States prepares to impose steep tariffs on the region. Article author: Bloomberg News Bloomberg News Published on August 20, 2024…

  • Asia’s factory activity expands in June on solid global demand By Reuters

    Written by Laika Kihara TOKYO (Reuters) – Factory activity in Asia expanded in June thanks to strong momentum in the global economy and improving prospects for semiconductor production, surveys showed on Monday, giving policymakers some hope that the region can weather the blow from weak Chinese demand. But cost pressures…

  • AI Frenzy Draws Stock Traders to Southeast Asia’s Likely Winners

    Breadcrumb links BMN Business Equity investors in Southeast Asia are looking for alternatives to playing the artificial intelligence theme, as tech giants pump billions of dollars into infrastructure spending over the next few years. Article writer: Bloomberg News John Cheng, Edward Gesmatulin, and Nguyen Kieu Giang Posted on May 27,…