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N Korea-tied hackers executed $620m crypto heist: FBI
AFP, Published on 15/04/2022
» WASHINGTON: North Korean-tied hackers were responsible for a US$620-million cryptocurrency heist last month targeting players of the popular Axie Infinity game, US authorities said Thursday.
Singapore, Cambodia among Asean countries eyeing digital currencies
Published on 25/03/2022
» HONG KONG: South Asian countries such as Singapore and Cambodia are exploring the launch of central bank digital currencies (CBDCs) to enhance payments efficiency and to encourage start-ups and e-commerce in the region, a panel hosted by the South China Morning Post was told on Thursday.
Malaysia should adopt crypto as legal tender, ministry says
Bloomberg News, Published on 21/03/2022
» Malaysia should adopt Bitcoin and other cryptocurrencies as legal tender, the deputy minister of the Communications and Multimedia Ministry said.
How oil’s historic surge is impacting Asia stock markets
Published on 13/03/2022
» The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries.
Wasted Year
Asia focus, Nareerat Wiriyapong, Published on 21/02/2022
» Once perceived as Asia's final frontier, Myanmar has been tested severely by dual shocks -- a surge in Covid-19 cases in 2021 and the military coup that has brought its economy close to a standstill and left its people suffering from ongoing violence.
Equities fall as Fed talks up rate hike
Business, Published on 15/01/2022
» Recap: European and Asian stocks dropped yesterday after more Federal Reserve policymakers indicated that the US central bank will raise interest rates as soon as March and adopt more hawkish monetary policies to combat inflation.
Cambodia aims hybrid digital currency on blockchain at unbanked
Published on 22/12/2021
» When Cambodia's central bank launched a pilot for a digital payment system in July 2019, its aim was to increase financial inclusion in the country and expand use of the local currency over the US dollar. Then came the coronavirus pandemic.
America eyes Asean
Asia focus, Nareerat Wiriyapong, Published on 06/12/2021
» With a population of over 650 million and a rapidly expanding middle class, Southeast Asia presents significant growth potential for companies operating in the region. The Regional Comprehensive Economic Partnership (RCEP), signed by the 10 Asean countries and five key trading partners including China, will further enhance Asean's potential and attract more investors when the pact takes effect in January.
Vietnam, Taiwan exceed US Treasury currency thresholds, Thailand on monitoring list
Published on 04/12/2021
» Vietnam and Taiwan again exceeded the US Treasury's thresholds for possible currency manipulation and enhanced analysis under a 2015 trade law, but the department on Friday refrained from formally branding them as manipulators.
Bitkub plots expansion in bid to be Asia’s Coinbase
Published on 01/12/2021
» A Thai crypto exchange that notched up a valuation of more than $1 billion in less than four years is planning to offer a range of digital currencies and services in more countries “to become the Coinbase of Southeast Asia", according to its chief executive officer.