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China’s advanced economy and the flexibility of its yuan exchange rate leave it well placed to absorb shocks from policy tightening by the US Federal Reserve, including hot money flows out of the country, the nation’s currency regulator has said.
From an ethical point of view, Facebook ought to focus on more urgent issues, like cleaning up the swathe of medical and political misinformation on its sites, rather than building a new platform destined to host similar harms.
A TOTAL of RM86.4mil has been channelled to 13,886 small and medium enterprises (SMEs) and medium-tier companies (MTCs) in the form of grants and loans for subscription to digitisation services under the National Economic Recovery Plan (Penjana) as at Oct 8, 2021.
(Reuters) - Shares of Snap Inc plunged on Friday, dragging down other ad-dependent tech firms, after the photo messaging app owner warned of a prolonged hit from Apple Inc's privacy changes on iOS devices.
JAKARTA (The Jakarta Post/Asia News Network): Indonesian start-ups enjoyed an influx of funding in 2021 and more is to come as the country’s internet-savvy population grows and Covid-19 travel restrictions are eased, according to venture capital firms.
HO CHI MINH CITY (Vietnam News/Asia News Network): Sixty per cent of companies in HCM City have resumed production since the lockdown was lifted half a month ago.
TOKYO (Reuters) - SoftBank Group Corp is in talks to sell the Paris-based robotics business behind its Pepper android to Germany's United Robotics Group, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver.
SINGAPORE: Most emerging Asian stock markets recouped early losses on Friday after embattled developer China Evergrande Group made a bond payment to avert a default, but gains were muted, with Indonesia shares threatening to snap a five-week winning streak
Banks and consumer groups have raised concerns about tech companies running their own independent payment networks.
(Reuters) - The U.S. Commerce Department said on Thursday it had received indications from companies such as Intel and Infineon that they would cooperate with a voluntary request for data on the chips crisis, but that the final number and quality of responses would determine whether it would need to make it compulsory.