Chinese e-commerce giant JD.com to cut pay for 2,000 senior managers amid efforts to boost housing, education benefits for workers
Source: Tech – South China Morning PostThe salary cuts, which will start next year, form part…
Hong Kong believes stablecoin volatility can spillover to traditional finance
Source: Cointelegraph.com NewsAccording to Hong Kong’s central bank, the interconnection of crypto assets has made the…
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
Source: Cointelegraph.com NewsARK Invest scoops up bargains as Coinbase shares hit all-time lows and GBTC trades…
Chinese robocop can boost police patrol resources 10-fold, survey finds
Source: China – South China Morning PostBeijing gauges demand for AI-powered machines that can identify and…
Hong Kong wealth management start-up Quantifeed buys UK fintech firm to create platform to manage US$20bn of assets
Source: Tech – South China Morning PostThe wealth management start-up backed by HSBC and Franklin Templeton…
China’s big carmakers show no signs of ending production of fossil-fuel vehicles, struggle to keep pace with nation’s net-zero goal: Greenpeace
Source: China – South China Morning PostMost of China’s top carmakers neither have plans in place…
SBF, FTX execs reportedly spend millions on properties in the Bahamas
Source: Cointelegraph.com NewsAt least 19 properties worth around $121 million were reportedly purchased under FTX’s name,…
Chinese CATL components supplier Yunnan Energy New Material says top executives under house arrest
Source: China – South China Morning PostThe top executives of lithium battery components maker Yunnan Energy…
Coronavirus: China urged to hand out consumption vouchers to help local governments, boost spending
Source: China – South China Morning PostEconomists say Beijing should issue cash handouts directly to consumers…
Russia’s Amazon-like Ozon platform opens Shenzhen office to woo Chinese merchants in cross-border e-commerce push
Source: China – South China Morning PostMoscow-based Ozon aims to sign up 100,000 Chinese merchants in…