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Bloomberg

Bloomberg

Page 653 - Bloomberg/reuters

China slashes kids' online gaming time to just three hours a week

The escalating restrictions on Tencent's biggest business are likely to spook investors that had cautiously returned to Chinese stocks in recent days

China slashes kids' online gaming time to just three hours a week
Updated On : 31 Aug 2021 | 12:55 AM IST

Ola picks banks for $1 billion IPO, may file papers in Oct: Report

The Bangalore-based startup could seek a valuation of more than $8 billion in the IPO and could lodge a filing as soon as October, people familiar with the matter said

Ola picks banks for $1 billion IPO, may file papers in Oct: Report
Updated On : 30 Aug 2021 | 11:36 PM IST

Hold 10% of portfolio in gold as currencies will be devalued: Mark Mobius

Bullion rallied to a record last year as the coronavirus pandemic spurred a flight to haven assets but it's pulled back since with the roll-out of vaccines.

Hold 10% of portfolio in gold as currencies will be devalued: Mark Mobius
Updated On : 30 Aug 2021 | 9:44 PM IST

Joe Biden's rushed Afghan exit adds strains to US-Pakistan ties

Pakistan remains an indispensable power in the region

Joe Biden's rushed Afghan exit adds strains to US-Pakistan ties
Updated On : 30 Aug 2021 | 8:33 PM IST

Confidence in Euro-area economy drops on supply squeeze, virus

The Bundesbank, Germany's central bank, has already warned that economic growth this year may be somewhat lower than the 3.7% it had forecast in June

Confidence in Euro-area economy drops on supply squeeze, virus
Updated On : 30 Aug 2021 | 3:37 PM IST

Chinese tech stocks rally to start week as investors eye bottom

Beijing has expanded its clampdown on private industry to tutoring companies and online gaming in a bid to reduce the wealth gap.

Chinese tech stocks rally to start week as investors eye bottom
Updated On : 30 Aug 2021 | 3:29 PM IST

Alibaba fires 10 staffers for leaking sexual assault accusations

Alibaba announced internally last week it fired the group for sharing a harrowing account posted on an internal forum by a colleague surnamed Zhou, who accused a former manager of rape

Alibaba fires 10 staffers for leaking sexual assault accusations
Updated On : 30 Aug 2021 | 2:32 PM IST

Singapore to 'defuse resentments over foreigners' after racist incidents

Country's PM devotes part of his speech to racial harmony, referring to racist incidents that targeted Indians

Singapore to 'defuse resentments over foreigners' after racist incidents
Updated On : 30 Aug 2021 | 1:04 PM IST

India power-sector financier REC plans first loan using Libor heir

The financier's choice of a SOFR-linked loan is part of a global push by policy makers to develop new benchmarks to replace Libor by the end of 2021

India power-sector financier REC plans first loan using Libor heir
Updated On : 30 Aug 2021 | 12:39 PM IST

'Into the limelight': Koo, India's answer to Twitter, goes past 10 mn users

The app, which lets users send tweet-like posts in English and seven Indian languages, has seen about 85% of users join since February, when Twitter's disputes with the Modi administration escalated

'Into the limelight': Koo, India's answer to Twitter, goes past 10 mn users
Updated On : 30 Aug 2021 | 10:37 AM IST

India's soft power, investments in Afghanistan lead to diplomatic dead end

As Afghanistan falls into chaos, India doesn't have any leverage to ensure the country doesn't become a security threat

India's soft power, investments in Afghanistan lead to diplomatic dead end
Updated On : 30 Aug 2021 | 6:38 AM IST

How Google's push into Indian retail banking challenges traditional lenders

Google Pay wants to push time-deposit products of small Indian banks, breaching banks' historic moat with tech innovation.

How Google's push into Indian retail banking challenges traditional lenders
Updated On : 30 Aug 2021 | 6:09 AM IST

One stuck box of fertiliser shows the global supply chain crisis

From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on

One stuck box of fertiliser shows the global supply chain crisis
Updated On : 30 Aug 2021 | 2:01 AM IST

Uber wait annoys UK passengers after drivers quit in droves: Report

Customers have complained on social media about longer wait times and higher fares during peak hours as the lack of drivers triggers surge pricing

Uber wait annoys UK passengers after drivers quit in droves: Report
Updated On : 30 Aug 2021 | 1:50 AM IST

This country is the best place in the world to become a digital native

Estonia has a one-stop digital shop for services: you can easily file your taxes online, get drug prescriptions, book hospital treatments.

This country is the best place in the world to become a digital native
Updated On : 29 Aug 2021 | 12:07 PM IST

MapMyIndia, Indian firm that powers Apple Maps and Alexa, heads for IPO

The firm, backed by Qualcomm Inc. and Walmart Inc.-owned payments startup PhonePe, is targeting an IPO size around $175 million at a valuation of about $825 million

MapMyIndia, Indian firm that powers Apple Maps and Alexa, heads for IPO
Updated On : 29 Aug 2021 | 11:07 AM IST

Elon Musk's Tesla in talks with 3 Indian firms for auto components: Report

The company is seeking critical electrical, electronic and mechanical components, the report said, citing people familiar with the matter

Elon Musk's Tesla in talks with 3 Indian firms for auto components: Report
Updated On : 29 Aug 2021 | 9:59 AM IST

From India to Korea, IPO markets are booming as China deals slow

Tech companies from India and South Korea, and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing past the previous annual peak

From India to Korea, IPO markets are booming as China deals slow
Updated On : 29 Aug 2021 | 7:57 AM IST

Chinese tech stocks' brief revival is already showing signs of fatigue

The rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid headlines of fresh crackdowns, trimming its weekly gain to 7.3

Chinese tech stocks' brief revival is already showing signs of fatigue
Updated On : 28 Aug 2021 | 3:57 PM IST

Most used blockchain Go Ethereum averts crisis after software flaw is fixed

About 75% of all users on the Ethereum network utilize Geth as a node to mine the blockchain's native token, Ether, and to create software that runs functions such as decentralized applications.

Most used blockchain Go Ethereum averts crisis after software flaw is fixed
Updated On : 28 Aug 2021 | 2:17 PM IST