Uncategorized

China’s industrial profit growth hits five-month low, points to cooler demand

Profit growth at China’s industrial firms slowed to a five-month low in August, fanning concerns about faltering domestic demand in …read more Source: Reuters Tech News

Keppel, SPH offer to buy remaining stake in M1 for up to $930 million

Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) have offered to buy the remaining shares in Singaporean telecom operator …read more Source: Reuters Tech News

China’s August industrial profit growth slips to five-month low

Profit growth for China’s industrial firms decelerated to a five-month low in August on shrinking revenues and prices, adding to …read more Source: Reuters Tech News

China’s August industrial profits up 9.2 percent year on year, slowest growth since March

Profits earned by China’s industrial firms in August rose 9.2 percent from a year earlier, slowing for the fourth straight …read more Source: Reuters Tech News

Keppel, SPH offer to buy rest of Singapore telco M1

Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) said on Thursday that they have offered to buy the remaining …read more Source: Reuters Tech News

Tencent & Alibaba chase remittances in battle for Southeast Asia

For Chinese tech giants Alibaba and Tencent, Southeast Asian domestic helpers in Hong Kong may prove key to …read more Source: Reuters Tech News

Swiss startup SEBA raises funds to build crypto bank

Swiss startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to build a bank offering cryptocurrency services …read more Source: Reuters Tech News

Darktrace hits $1.65 billion valuation after latest funding round

Cyber-security firm Darktrace said on Wednesday it has raised $50 million in its latest funding round led by European private …read more Source: Reuters Tech News

U.S. judge sides with CFTC on virtual currency oversight

A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction …read more Source: Reuters Tech News

Amazon turns to toys, home goods in latest brick-and-mortar trial

Amazon.com Inc on Wednesday said it is opening a general store in New York City that will sell toys, …read more Source: Reuters Tech News