Bitcoin climbs to 9-month high as bank turmoil sparks rally
Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector drives some investors to turn to digital assets, as the cryptocurrency
Pinduoduo owner’s revenue falls short on weak China consumer spending
PDD Holdings Inc, which owns discount e-commerce platforms Pinduoduo and Temu, missed expectations on Monday for fourth-quarter revenue as China’s post-reopening consumer recovery remains patchy.
Uber, Lyft trade group asks Biden’s labor nominee to explain position on gig workers
A trade group representing rideshare and delivery companies such as Uber and Lyft is asking President Joe Biden’s nominee to lead the U.S. Department of Labor, Julie
Factbox: Ernie vs ChatGPT on global leaders
Baidu’s unveiling of its Ernie bot last week thrust the Chinese search engine giant into a race against global tech peers Microsoft and Google who are
India’s Jammu and Kashmir gets first foreign investment from Dubai’s Emaar
Indian Kashmir is to get its first foreign investment, with Dubai’s Emaar Group due to build a $60 million shopping and office complex, as the
Switzerland puts up 260 billion francs for Credit Suisse rescue
Credit Suisse and UBS could benefit from more than 260 billion Swiss francs ($280 billion) in state and central bank support, a third of the
Giant bank deal triggers political backlash in Switzerland
Switzerland’s two biggest political parties sharply criticized UBS’s takeover of Credit Suisse saying multi-billion state support for the deal created enormous risks for the country. Swiss authorities announced
Thailand dissolves parliament for crunch election in May
Thailand dissolved its parliament on Monday to clear the way for an election in May, a vote set to reignite a long-running power struggle between
Pakistan police arrest dozens of Imran Khan supporters
Former Prime Minister Imran Khan has asked the chief justice of Pakistan to allow him to appear for court proceedings virtually to reduce the risk
Singapore to tighten shoe recycling controls after Reuters report
A Singapore shoe recycling project will be subject to surprise inspections following a Reuters investigation that found footwear it donated to the scheme was not recycled, Singapore’s
