South Korea fines Google for Android OS non-competitive clauses
SEOUL, 14 Sept 2021: The Korea Fair Trade Commission (KFTC) today announced a fine of 207.4 billion won (US$176.8 million) on tech giant Google for imposing the use of its …
Evergrande warns of collapse under crushing US$305 billion debt
BEIJING, 14 Sept 2021: Real estate giant China Evergrande Group today warned of default risks after accumulating a whopping debt of US$305 billion and two subsidiaries failing to uphold financial …
Disused taxis turned into vegetable gardens
BANGKOK, 14 Sept 2021: A taxi company in Bangkok has converted a parking lot full of unused cabs into a community garden. The owner of Ratchaphruek Taxi Cooperative rental company …
Brazil e-hailing drivers struggle amid sky-high fuel prices
SAO PAOLO, 9 Sept 2021: A big spike in gasoline prices in Brazil has sharply reduced profits for Uber and other app drivers and prompted a sizeable number of them …
Aussie top court says media can be sued for readers’ social network comments
SYDNEY, 8 Sept 2021: Australian media may be sued for defamatory comments made by their followers on pages they manage on social networks, according to a ruling issued today by …
PayPal buying Japan’s Paidy
TOKYO, 8 Sept 2021: US online payment company PayPal will acquire Paidy, a leading Japanese payments platform, for ¥300 billion (about US$2.72 billion), according to an announcement by the two …
PM: Fully vaccinated persons can watch movies in cinemas from Thursday, Sept 9
PUTRAJAYA, 7 Sept 2021: Prime Minister Datuk Seri Ismail Sabri Yaakob today announced that fully vaccinated persons are allowed to watch movies in cinemas from Thursday, Sept 9. This leeway, …
World’s largest cryptocurrency operator to cease Singapore operations
SINGAPORE, 6 Sept 2021: Binance, the world’s largest cryptocurrency operator, announced it would cease several operations in Singapore following the investor alert issued last week by the country’s monetary authority. …
Protests erupt as Bitcoin becomes legal tender in El Salvador
SAN SALVADOR, 2 Sept 2021: A group of young Salvadorans yesterday protested against the adoption of Bitcoin as legal tender and denounced political persecution against people critical of the government …
WorldRemit gains ground in Malaysia for cross-border cash transfers
KUALA LUMPUR, 31 Aug 2021: Being able to transfer cash across borders within minutes to e-wallets or airtime top-ups and also conduct transfers to overseas bank accounts without stepping into …