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Luo Ziyan, who goes by the online name Daxiang and runs several profitable stores on TikTok for the e-commerce company Uebezz, is the envy of her fellow merchants in Yiwu, an export hub south of Shanghai.
LONDON: When Washington looks at China, it tends to see an ideological, interventionist, authoritarian superpower that favours its own companies while subverting foreign rivals. When it looks in the mirror, Washington sees the US as a pragmatic, capitalistic, democratic superpower that champions free speech and robust competition.
KUALA LUMPUR: The mess surrounding Malaysia’s ambitious roll-out of its superfast fifth-generation cellular network, or 5G, has got messier.
SINGAPORE: From his home office in Manila, Mr Patrick Cabral has built a city.
LONDON: The world's largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit finance, Tether said in a statement on Thursday (May 2).
HONG KONG: Hong Kong on Tuesday (Apr 30) launched trading of Asia's first spot bitcoin and ether exchange-traded funds (ETFs), moving forward in the city's race to become a regional virtual asset investment hub.
NEW YORK: Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, US prosecutors said in a court filing on Tuesday (Apr 23).
LONDON: Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday (Apr 19) - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created.