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China wants centralised digital currency after bitcoin crackdown
As Facebook readies to launch its answer to bitcoin, China is set to introduce its own digital currency, one that could allow the government and the central bank to see what people spend their money on.
M’sia mulls importing raw sugar from India starting 2020
KUALA LUMPUR: Malaysia is exploring the possibility of sourcing raw sugar from India starting next year as a way to enhance bilateral trade with the country, said Primary Industry Minister, Teresa Kok.
Downside to rising SUV demand
MUNICH: Germany’s car industry built its world-class reputation on sedans like the Audi A4, the BMW 5-Series and the Volkswagen Passat, reliable models that look good in the family driveway or company lot. But a shift in consumer taste to more hulking vehicles is coming at the worst possible time.
Chocolate makers face ethical branding dilemma
ABIDJAN/LONDON (Reuters) - Ivory Coast and Ghana's threat to possibly halt the cocoa industry's ethical branding schemes poses a major risk to chocolate makers operating in Western markets where consumer demand for sustainably sourced products is rising.
23 spice products sold in Hong Kong have cancer-causing substances: consumer watchdog
They are found to have aflatoxins or ochratoxin A, toxic compounds produced by fungiFor two nutmeg products, the amount of aflatoxins exceeds regulatory limits
China factory deflation worsens as pork drives consumer prices
BEIJING: China’s factory deflation deepened in September due to slowing economic growth and the comparison with faster rises a year ago, even as the surge in pork prices drove consumer inflation higher.
Facebook's Libra faces support test after payment giants jump ship
LONDON (Reuters) - Facebook's Libra cryptocurrency faces a pivotal meeting of backers on Monday, days after the ambitious project to bring digital coins into mainstream commerce suffered a severe setback when major payment firms quit.
Amazon calls for government regulation of facial recognition tech
Amazon is endorsing the idea of government regulation of facial recognition technology.
TNG eWallet eyes 80% penetration rate by 2020
PETALING JAYA: Touch ‘n Go eWallet is aiming to achieve at least an 80% penetration rate for both users and merchants by 2020.
Santos targets Asia LNG growth with Conoco deal
SYDNEY: Santos Ltd agreed to buy ConocoPhillips’ northern Australia business for US$1.4bil in a deal that will boost the Adelaide-based oil and gas producer’s position in the growing Asian liquefied natural gas market.