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Bahamas regulator rejects FTX’s claims about seized assets’ value

Securities Commission of the Bahamas says debtors of the bankrupt cryptocurrency exchange had ‘incomplete information.’The Securities Commission of the Bahamas (SCB) has rebuffed...

China to import 45 foreign video games, grants multiple licences

Moves mark the latest easing of rigid curbs that have hammered China’s gaming industry since August last year.China’s video games regulator has granted...

South Korea warns of deepening economic slump

Asia’s fourth-largest economy is widely expected to see growth fall below 2 percent next year.South Korea has warned of a deeper economic slowdown...

Taiwan asks state banks to ‘appropriately handle’ China exposure

Finance Minister Su Jain-rong makes remarks in response to question about risks of investing in China.Taiwan has asked state-owned banks to “appropriately handle”...

Japan’s inflation soars to 40-year high

Japan’s inflation has risen to its highest level in 40 years as a weak yen drove up commodity prices already surging worldwide.Core consumer...

‘Crazy rich’ Indonesians’ arrests spotlight investment perils

Medan, Indonesia – Indonesian influencers Indra Kesuma and Doni Salmanan lived the kind of lives most people can only dream of.On his now-deleted...

In Indonesia’s illegal mines, the poor risk it all for fortune

Medan, Indonesia – Lampang has been a miner at a community gold mine in Indonesia’s East Kalimantan for more than 30 years. Even...

Explainer: After Russia swerves to avoid default, what is next?

Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds, shifting the market’s...

Australia hikes interest rates in potential election shakeup

Reserve Bank of Australia’s move means millions of Australians face higher repayments on their home loans.Australia’s central bank has raised interest rates for...

Tesla most ‘future-ready’ carmaker, China’s BYD rising: Report

Tesla is the most “future-ready” carmaker, while its Chinese competitor BYD has made the most progress in enhancing its resilience, according to an...

Asian shares rise as US Federal Reserve strikes less hawkish tone

Rally comes after Fed Chair Jerome Powell says central bank not “actively considering” 0.75 percentage point increase.Asian shares rose on Thursday after the...

South Korea’s new gov’t to compensate businesses for COVID curbs

President-elect Yoon Suk-yeol’s transition team does not specify how much small businesses will be paid.South Korean president-elect Yoon Suk-yeol’s government will compensate 5.5...
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