Page 609 - Bloomberg

China crackdown on tech firms make Hong Kong Index world's biggest loser

Beijing's bold moves to rein in nation's powerful tech firms such as Jack Ma's Ant Group Co., Didi Global Inc. have sent global investors fleeing on concerns over China's tighter grips on data

China outlaws for-profit school tutoring in a sweeping overhaul

Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardise billions of dollars in foreign investment

When getting vaccinated could mean winning a $1.4 million apartment

Giveaways are the less politically fraught option, though they have raised ethical questions

Bitcoin hits key level not seen since May amid Ark, Tesla CEOs' boost

Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week

Why retail investors are opting for 'buy-the-dip mentality' in US markets

Retail money fund balances still have $1 trillion versus $643 billion in 2015, according to DataTrek

Till world shifts to green energy, split between Saudi and UAE won't end

It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.

What makes Covid-19 delta variant such a threat? Ten questions answered

The delta variant has some characteristics that give it a better chance of causing an infection, which means it escapes initial shield provided by antibodies, but vaccinated people are at a lower risk

India plant likely if Tesla succeeds in importing cars, says Elon Musk

The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets

Why India is still not ready to embrace 1991-style economic reforms

The real issue is that the government and the bureaucracy, unlike in 1991, aren't set up to develop a consensus behind liberalizing reforms

Unprecedented flow of easy money keeps Indian stocks on bull run

The nation's NSE Nifty 50 Index is among Asia's top gainers this month, beating the regional benchmark by about 4 percentage points

India plans more power islands to counter cyber, terrorist threats

The plan follows a major power outage in India's financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack

Vodafone CEO hints at spin-off of mobile money platform M-Pesa

The platform offers peer-to-peer transactions in countries including Kenya, Tanzania, Mozambique, Lesotho. It is now pushing into new financial services like small loans, payroll and savings

China Telecom set for 2021's biggest share sale after US ban

The plan to raise 54.4 billion yuan ($8.4 billion) on the mainland comes as rising tensions with the US drive Chinese firms back to their local equity markets

Near Arunachal, Xi Jinping vows to boost border infra building

His visit to Tibet is the first by a Chinese president since 1990

Tesla seeks lower taxes on sale of imported EVs in India: Report

The California-based maker of electric vehicles has written to the transport and industry ministries for reducing import duty on electric cars to 40 per cent from the current range of 60%-100%

Ministry speeds up green approvals as environmentalists call foul

It took an average of 84 days to clear a project in 2021, compared with 162 days the year before, according to data shared by the ministry

India to see higher salaries as firms look beyond coronavirus hit

Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus

Zomato's $1.3 bn IPO to test appetite for India's new tech generation

Investors bragged on Twitter about snagging shares in the startup, yearning for the sort of returns Facebook Inc. and Alibaba Group Holding Ltd. generated

ECB vows to persist with negative rates in bid to fuel inflation

Markets were little changed

Aramco faces $50-mn extortion bid over data leak, but denies breach

The global energy industry has seen a ramp up in cyber attacks with Colonial Pipeline becoming the most visible of late