Ethereum mining will soon be obsolete, as 'London' update moves key deadline to December
Ethereum Improvement Proposal 3554 activated today, and it could be a game changer when it comes to the future of ethereum mining.
CNBC Asia
Singapore's largest bank reports 37% on-year jump in second-quarter profit, beats expectations
DBS Group Holdings' net profit for the April-to-June quarter jumped 37% from a year ago to 1.7 billion Singapore dollars ($1.26 billion).
Asia-Pacific stocks mixed; Chinese online gaming stocks come under pressure again
Investors monitored Hong Kong-listed shares of firms related to the Chinese video game sector after China's state media once again took aim at the industry.
Adidas raises outlook despite falling sales in China as boycott there continues
The German sportswear giant increased its outlook for the year, despite a drop in sales in Greater China.
From Beijing to Wuhan, China orders mass testing and restrictions as Covid cases rise
Economists are concerned that strict measures by the government to control the Covid-19 outbreak would hurt the Chinese economy.
Why Nvidia’s $40 billion bid for Arm could be in jeopardy
Nvidia's $40 billion bid to buy U.K.-based chip designer Arm from Japan's SoftBank has started to look increasingly uncertain.
Asia stocks rise after private survey shows growth in China's services activity
The Caixin/Markit services Purchasing Managers' Index for July came in at 54.9 on Wednesday, up from June's reading of 50.3.
Consortium prepares bid to buy the UK’s biggest chip plant back off Chinese-owned Nexperia
A consortium is raising money to fund a potential bid for Newport Wafer Fab, according to a person familiar with the situation.
Chip plant says it has not heard anything from UK government on national security probe
The U.K. government has not informed Newport Wafer Fab that its sale to Nexperia is under investigation, according to two sources close to the company.
Facing calls to quit, Malaysia's prime minister says he will prove his legitimacy in parliament
Prime Minister Muhyiddin Yassin, who came to power in March last year, has governed with a razor-thin majority in the 222-seat parliament.
Australia's vaccinations need to rise before country can set up travel bubbles, let students in
Australia's trade minister, Dan Tehan, says relaxing border restrictions and letting foreign students back in are still "very much part of the roadmap."
Chinese online gaming stocks tumble after state media takes aim at industry; Asia-Pacific stocks mixed
By the Tuesday market close in Hong Kong, shares of Tencent in in the city plunged 6.11% while Netease and Bilibili dropped 7.77% and 3.44%, respectively.
Singapore's top banks are reporting earnings this week. Here's what to expect
Oversea-Chinese Banking Corp and United Overseas Bank will report second-quarter earnings on Wednesday, while DBS Group Holdings will do so on Thursday.
Bearish trend signals stocks are vulnerable to a 10% to 15% correction
BTIG’s Julian Emanuel warns the major indexes are likely weeks away from a setback.
U.S. expands refugee program for Afghans as Taliban escalates violence
The Biden administration said it will expand refugee eligibility for Afghans amid and the U.S. troop withdrawal and the growing threat of the Taliban.
China stocks jump 2%; Afterpay shares in Australia surge after Square deal announcement
Shares of Afterpay in Australia soared 18.77% on Monday after U.S. fintech firm Square announced it had agreed to buy the buy now, pay later giant.
HSBC’s reported pre-tax profit more than doubles to $10.8 billion in first half of 2021
HSBC shares in Hong Kong jumped more than 3% following earnings release.
Philippines’ first Olympic gold medalist was briefly accused of being part of 'plot' against Duterte
Two years before Philippine weightlifter Hidilyn Diaz won the country's first ever Olympic gold medal, she was swept up in a "plot" against President Duterte.
Chinese augmented reality glasses maker Nreal looks to go public within 5 years, CEO says
Nreal's flagship product is a pair of mixed reality glasses called Nreal Light. The company hopes to free people from being tied to their small phone screens.
Elon Musk's brain computer start-up raises $205 million from Google Ventures and others
Neuralink has raised $205 million from investors including Google Ventures, Peter Thiel's Founders Fund, and OpenAI CEO Sam Altman.
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