Business news

Business

Hong Kong and Singapore lead Asia's drive to cash in on crypto boom

Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US President Donald Trump.

Business

Cryptocurrency exchange says it was victim of $1.5 billion hack

A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time.

Business

Using AI to achieve business transformation: A long-term process that needs to be managed

A new paper co-authored by Professor Feng Li, Associate Dean for Research & Innovation at Bayes Business School, has warned businesses that artificial intelligence (AI) is not yet advanced enough to transform organizational ...

Business

Trump considering 'alternatives' to Boeing for Air Force One contract

Donald Trump said his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane.

Business

Niger turns to satellites to bridge digital divide

Less than a third of Niger's vast territory has internet access, so the west African country is betting on satellite broadband to bridge the digital divide in remote rural areas.

Business

Meta plans undersea cable to link five continents

Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.

Consumer & Gadgets

A guide for using VR and AR technology in foreign markets

Global businesses are embracing augmented reality (AR) and virtual reality (VR) to connect with consumers around the world. The technologies offer new ways to get a feel for products before buying—for everything from virtually ...

Business

Dutch match US export curbs on semiconductor machines

The Dutch government announced Friday broader restrictions on exports of semiconductor-making machines produced by sector heavyweight ASML, aligning itself with US curbs on technology at the center of trade tensions with ...

Business

Nvidia says it plays fair in AI chip market

Nvidia on Tuesday defended its tactics in the hot market for chips to power artificial intelligence in the face of reports the US is probing whether it abused its clout.

Business

Cathay flights to resume fully by Saturday after A350 repairs

Cathay Pacific plans to resume full operations by Saturday after replacing defective engine fuel lines on its Airbus A350 planes, the airline said Wednesday, a problem that forced it to cancel dozens of flights this week.