Hong Kong Financial News

13.05 / 14:15

Provident BTC Lowe's Bitcoin Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender

The booming of the crypto coins like Bitcoin in different regions and nations is unstoppable. This has recently been observed in the case of the Central African Republic (CAR). Of course, one of the major questions that have remained unanswered is whether Bitcoin adoption can work in such a developing country.

13.05 / 13:33

Stablecoin Tether coinbase Bitcoin Bitcoin set for record losing streak as 'stablecoin' collapse crushes crypto

bitcoin trading near $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly fragile, as tokens supposed to be pegged to the dollar have faltered. Bitcoin, the largest cryptocurrency by total market value, managed to bounce in the Asia session and traded at $30,300 at 0623 GMT, up 5%. It has staged something of a recovery from a 16-month low of around $25,400 reached on Thursday.

13.05 / 10:29

UPS Elliott’s London staff set for more responsibility as hedge fund shuts last Asia office

High-profile activist investor Elliott Management is shutting up shop in Asia, according to reports, as the hedge fund's London office prepares to take more control of its investments in the region.

13.05 / 07:59

cryptocurrency Lowe's Bitcoin Bitcoin Eyes Record Losing Streak After "Stablecoin" Collapse

Bitcoin attempted a bounce early in the Asia session and rose 2% to $29,500

13.05 / 06:19

UPS cryptocurrency World News Bitcoin Global crypto regulation body likely in next year, top official says

Global market regulators are likely to launch a joint body within the next year to better co-ordinate cryptocurrency rules, a senior watchdog official has said.

12.05 / 14:51

cryptocurrency All about Campbell Wilson, new CEO and MD of Air India

Campbell Wilson, who was appointed as the new chief executive officer (CEO) and Managing Director (MD) of Air India by Tata Sons on Thursday, is a supporter of environment sustainability.

11.05 / 16:33

business Adoption retail Bitcoin Rising global adoption positions crypto perfectly for use in retail

Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective.

11.05 / 12:29

Blockchain Provident Progressive Adventure Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner

Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner — the company's move-to-earn game.

11.05 / 10:03

UPS FIVE China Consumer Inflation Accelerates Modestly

HONG KONG—China’s consumer inflation edged up in April and factory-gate price pressures remained elevated as Covid-19 lockdowns jammed up logistics networks and the Ukraine war pushed up global energy prices.

10.05 / 15:47

Tesla fall Tesla Among Biggest Losers as China’s Car Sales Fall on Covid Lockdowns

HONG KONG—Car sales in China declined 36% in April from a year earlier, the worst fall in more than two years, as weekslong anti-Covid lockdowns in parts of the country shutter factories, disrupt supply chains and keep car buyers at home.

10.05 / 12:51

Lowe's DOW Futures rise after sharp selloff pushes indexes to new 2022 lows

US stock futures rose in Asian trading hours on 10 May, suggesting major indexes could recover some ground after selling off sharply in the previous session, while global markets were mixed.

08.05 / 17:07

Election of new Hong Kong leader "violates democratic principles"

Hong Kong has a new leader to replace outgoing Chief Executive, Carrie Lam.

08.05 / 17:07

China Remains an Outlier in a World of Surging Inflation

HONG KONG—As inflation soars around the world, the world’s second-largest economy has kept it at bay.

07.05 / 08:59

business Adoption Report Research NFT market well-positioned to grow 35% into a $13.6B industry by 2027

Reflecting the growing interest in the non-fungible token (NFT) space among today’s investors, new research predicts that the existing $3 billion market size will reach $13.6 billion by the end of 2027.

06.05 / 20:19

business Government Stablecoin interview businesses place the bahamas 'Regulations are in place to help crypto businesses understand operations,' says The Bahamas PM Philip Davis

The Bahamas Prime Minister Philip Davis told Cointelegraph that the region has a regulatory regime in place that will enable crypto businesses to operate within its jurisdiction. During an interview at SALT’s Crypto Bahamas conference, Davis shared that The Bahamas recently published a white paper framework that will allow crypto businesses to “grow and prosper,” while letting companies understand the region’s expectations. He added:

06.05 / 13:17

BTC Lowe's Bitcoin Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin (BTC) finds itself on the receiving end because it has sunk to a two-month low.

04.05 / 11:51

Digital Platform Mobile Interface HKD.com Fully Upgraded! A New Outlook Comes Out

HKD.com fully upgraded! A new image came out on April 28.

03.05 / 09:25

UPS HSBC HSBC’s top shareholder Ping An urges bank break up

HONG KONG — China's Ping An Insurance has quietly taken up the role of shareholder activist, putting pressure on HSBC to consider a shake-up that could reshape one of the world's biggest financial institutions.

03.05 / 07:17

fall Alibaba's shares fall in Hong Kong following unconfirmed rumors linking Jack Ma to probe

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30.04 / 12:17

markets Bitcoin Bitcoin Price Bitcoin retreats toward $38K after Friday sparks losses for 'nearly everything' outside China

Bitcoin (BTC) fell into the May holiday weekend after late trading saw crypto losses echo "basically everything."

29.04 / 12:43

ETH Digital HSBC Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs

Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.

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