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KUALA LUMPUR: Japanese blockchain development company, Chaintope Inc, plans to make Malaysia its regional hub in Southeast Asia to support green energy and the government’s digital transformation projects.
TOKYO: Japanese shares led a rebound in Asian markets on Friday, building on the lead from investors on Wall Street snapping up stocks that would benefit most from an economic revival.
NEW YORK: U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week's volatility, with the shift back into riskier assets dragging on the dollar.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (May 15)
Bitcoin dropped to a three-month low on Monday as investors sold cryptocurrencies in the wake of Tesla boss Elon Musk's hinting over the weekend that the carmarker is considering or may have already sold some of its bitcoin holdings.
Bitcoin is definitely on the ropes these days. The price is well off its highs. Elon Musk has been trashing it.
Tesla likely to have sold some of its holdings
Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and singling out carbon emissions from bitcoin mining for particular criticism.
BITCOIN and other major cryptocurrencies slumped after the People’s Bank of China reiterated that digital tokens can’t be used as a form of payment.
HONG KONG (AFP): Asian markets fell Wednesday (May 19) as investors struggled to break out of a long-running cycle of volatility, with optimism over the economic recovery playing off against fears about inflation, while oil prices extended their losses on reports of a possible breakthrough in the Iran nuclear talks.