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Digital asian news

Tanaya Macheel - Etf - Bitcoin rises to record above $69,000, then quickly tumbles 8% - cnbc.com

Bitcoin rises to record above $69,000, then quickly tumbles 8%

Watch Daily: Monday - Friday, 3 PM ET

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Etf - Bitcoin hits record high above $69,000, then tumbles - asia.nikkei.com - Singapore - Washington

Bitcoin hits record high above $69,000, then tumbles

WASHINGTON/LONDON/SINGAPORE (Reuters) -- Bitcoin touched a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded crypto products and the prospect that global interest rates may fall.

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Alexandra Stevenson - China’s New Economic Agenda, a Lot Like the Old One: Takeaways - nytimes.com - China -  Beijing

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business.

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Melissa Repko - Target shares pop as retailer boosts profits, despite lackluster sales forecast - cnbc.com -  Minneapolis

Target shares pop as retailer boosts profits, despite lackluster sales forecast

Target on Tuesday posted holiday-quarter revenue and earnings that topped Wall Street's expectations, but the company said it expects another year of weak sales. 

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Sheila Chiang - Singapore's Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok - cnbc.com - Indonesia - Singapore - New York -  Singapore

Singapore's Sea Limited posts first profitable year amid efforts to defend market share against Lazada, TikTok

Southeast Asian tech giant Sea Limited on Monday posted its first profitable year amid efforts to defend market share against Alibaba-owned Lazada and TikTok.

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Nikkei staff writer - TSUBASA SURUGA - Singapore's Sea expects to stay in black after posting 1st annual profit - asia.nikkei.com - Singapore - New York -  Singapore

Singapore's Sea expects to stay in black after posting 1st annual profit

SINGAPORE -- Singapore-based Sea expects to post a second consecutive annual profit in 2024, the gaming and e-commerce firm said Monday, upon reporting its first net profit last year since going public on the back of drastic cost cuts.

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Srettha Thavisin - Bloomberg - Pichai Chunhavajira - Thailand considers directly charging short sellers as shares slump - scmp.com - China - Usa - Thailand - South Korea

Thailand considers directly charging short sellers as shares slump

Thailand plans to extend its crackdown on illegal short selling as shares remain in the doldrums, according to the stock exchange’s chairman.

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In Asia - How crypto investigators uncover scammers’ blockchain billions, scale of money laundering in Asia - scmp.com - Singapore

How crypto investigators uncover scammers’ blockchain billions, scale of money laundering in Asia

Scouring digital currency exchanges for trends, Singapore-based cryptocurrency analyst Patrick Tan began to peer into an underground world of payments and wallets where Asia’s scammers, drug dealers, hackers and other criminals clean their illicit earnings.

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