Tag Archives: Asias

Metaplanet Inc., a diversified enterprise listed on the Tokyo Stock Exchange, has officially embraced Bitcoin as a principal component of its treasury assets, committing an initial investment of JPY 1 billion (about $6.56 million). This strategic pivot positions Metaplanet to potentially become “Asia’s first MicroStrategy,” referencing the American company known …

Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The …

Metalpha Technology Holding Limited (NASDAQ: MATH) provides qualified investors and institutions with boutique crypto wealth management services, as a rising star in Asia akin to MicroStrategy (MSTR). CEO Adrian Wang founded the company on a mission to build a sustainable crypto ecosystem with effective hedging solutions in an industry known …

This merger is poised to create the largest Web3 business network in Asia, fostering communities of holders, developers, and partners in each Asian country. Klaytn and Finschia Foundations have announced a joint proposal for a merger, seeking to create a new mainnet that not only boasts technological superiority but also …

The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia’s financial center. New guidelines from the Securities and Futures Commission are paving the way. Since …

Aside from Hong Kong, another country that has contributed significantly to the growth of the Asian crypto economy is Singapore.  As the curtain draws nearer towards the end of 2023, Hong Kong has emerged as a significant player in shaping the regulatory landscape for crypto assets in Asia, the Block …

With movie ticket sales still lagging behind pre-pandemic highs, multiplex operators across Asia have begun deploying unconventional strategies to generate excitement and attract people back to the cinema. Total theatrical revenue in the Asia-Pacific region was about $10.1 billion in 2022, down from $17.8 billion during the pre-pandemic year of …

Commercial It looks as if lately the American economic system is in over-drive in all places besides the tech sector. The latest jobs report confirmed over 500,000 jobs added in January, but Alphabet – the dad or mum firm of Google – not too long ago laid off 12,000 employees …

Commercial Southeast Asia is extensively thought-about the following world financial powerhouse; the area is dwelling to over 655 million individuals, which is anticipated to reach a peak of 800 million by 2062. Australia and Southeast Asia are inextricably interlinked. Australian companies’ future success and prosperity are closely reliant on creating …

Gandhisagar Floating Pageant, touted as Asia’s first floating pageant, commenced on February 1 at Mandsaur, Madhya Pradesh. The primary version of the five-day floating pageant was inaugurated by Usha Thakur, Minister of Tourism, Tradition and Non secular Belief and Endowments, Authorities of Madhya Pradesh, on Wednesday. It “is set to …

Shares in Indian tycoon Gautam Adani’s conglomerate plunged once more on Wednesday as a rout in his firms deepened to $86bn within the wake of a US short-seller report, with the billionaire additionally shedding his title as Asia’s richest particular person. Wednesday’s inventory losses noticed Adani slip to fifteenth on …

Gautam Adani, billionaire and chairman of Adani Group, throughout an occasion on the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Adani, the Indian billionaire whose enterprise empire was rocked by allegations of fraud by quick vendor Hindenburg Analysis, stated his firm will make extra investments in …