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LONDON: Bitcoin hit US$60,000 on Wednesday (Feb 28) for the first time in more than two years, as a flurry of capital into new US spot bitcoin exchange-traded products fuelled a 42 per cent price rally in February, which would mark its largest monthly gain since December 2020.
China's Baidu said fourth-quarter revenue rose 6%, helped by gains from its artificial intelligence applications and a growing advertising business.
Stock futures ticked lower Wednesday as investors looked ahead to a key inflation report due later this week.
See-through screens, phones that wrap around your wrist and expandable displays — these are all concept tech that gadget makers showed off this week, in a bid to stand out from competitors in a cut-throat hardware market.
Stocks of Hong Kong developers rose after Financial Secretary Paul Chan scrapped property cooling measures in a bid to bolster the sector, which has been weighed down by high borrowing costs and weak economic sentiment.
LONDON: Bitcoin surged for a fifth day on Wednesday (Feb 28) to near US$60,000, buoyed by flows into new US spot bitcoin exchange-traded products that have driven it up nearly 40 per cent in February, which would mark its largest monthly rally since December 2020.
TOKYO -- Japan's Ministry of Economy, Trade and Industry will require overseas businesses that sell electronics and other products online directly to consumers in Japan to appoint a person in Japan to oversee safety management and troubleshooting, Nikkei has learned.
MADURAI, India -- A moratorium on taxing digitally transmitted products, from movies and music to software and industry data, faces a critical juncture this week at a World Trade Organization conference in Abu Dhabi.