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HK tycoon Jimmy Lai sentenced to 12 months for illegal assembly
HONG KONG (China Daily/ANN): Hong Kong media tycoon Jimmy Lai was sentenced on Friday (April 16) to 12 months in prison for attending an illegal assembly in 2019.
Bitcoin tumbles after Turkey bans crypto payments citing risks
ANKARA (Reuters) -Bitcoin tumbled more than 4% on Friday after Turkey's central bank banned the use of cryptocurrencies and crypto assets for purchases citing possible "irreparable" damage and transaction risks.
FBM KLCI en route to end week on slightly weaker footing
KUALA LUMPUR: The FBM KLCI slipped in Friday morning trade amid the ongoing sideways trading.
Asian markets mixed as record China data fails to impress
HONG KONG (AFP): Asian markets fluctuated on Friday (April 16) as record Chinese economic growth figures struggled to add fuel to a Wall Street surge that came on the back of blockbuster reports on US consumer spending and jobless claims.
China summons Japan envoy over Fukushima water plan
BEIJING, April 15 (Reuters) - China on Thursday summoned Japan's ambassador in protest over Japan's planned release of contaminated water from the destroyed Fukushima nuclear plant and said it would assess possible safety threats to food and agricultural products.
GLOBAL MARKETS-World stocks rally as Treasury yields tumble
NEW YORK/LONDON: World stock markets extended a five-day run of fresh highs on Thursday, fueled by upbeat earnings and strong U.S. economic data that herald a solid recovery ahead, while Russian markets tumbled at the prospect of the harshest U.S. sanctions in years.
Massachusetts regulators seek to revoke Robinhood's license; brokerage sues
BOSTON (Reuters) - Massachusetts regulators on Thursday sought the revocation of Robinhood's broker-dealer license after charging that it encourages inexperienced investors to place risky trades without limits, while the online brokerage sued to invalidate a new rule underlying the case.
Troops shoot medical workers
Security forces opened fire on a pro-democracy protest by medical workers in the city of Mandalay, and during more shooting in a nearby area one man was killed and several were wounded, media reported.
‘Dramatic’ regulation seen coming for cryptos
SINGAPORE: The guardians of the financial sector are poised to greatly intensify their efforts to regulate the booming cryptocurrency sector.
Indian farmers vow to carry on months-long protest despite concerns over coronavirus
NEW DELHI (Reuters) - Thousands of Indian farmers, protesting over three new agricultural laws that they say threaten their livelihoods, have vowed to continue with their around-the-clock sit-ins despite a sharp rise in coronavirus cases in the country.
