Philippe Pellegrin

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Cryptocurrency media outlets banned from WeChat for spreading hype

The cryptocurrency scene in China has been dealt a major blow overnight. Several prominent media outlets have had their WeChat accounts frozen for spreading too much hype about cryptocurrency.<p>WeChat is one of China’s leading social media and messenger services, owned by telecommunications giant …

Cryptocurrency

Xiaomi unveils its flagship-spec Poco F1 at just $300

After teasing its launch for weeks, Xiaomi has taken the wraps off its Poco F1, a powerful phone with flagship-grade hardware, a new sub-brand, and a surprisingly low price.<p>I usually don’t like to lead with specs, but that’s what this device is about, so here goes. The notched 6.18-inch F1 is armed …

Mobile Technology

Didi halts carpooling across China after passenger's murder

It's rethinking its business model after a lapse allowed the tragedy.<p>Didi Chuxing has suspended its Hitch carpooling service across all of China in the wake of a driver raping and killing a passenger on August 24th. The ridesharing company wanted time to address the "many deficiencies" with its …

Customer Service

Box Office: 'Crazy Rich Asians' Takes Unprecedented Drop In Its Second Weekend

There were exactly 68 movies that have opened wide (or expanded) on at least 2,000 screens and then dropped 8% or less in their second wide-release weekend. There were 48 movies to do so on at least 2,500 screens and just 26 to do so on over 3,000 screens. Of those 68 movies, just seven of them did …

Box Office

Trump is right. His trade war with China is causing a huge problem with North Korea

<b>(CNN) —</b> On Friday, President Donald Trump canceled Secretary of State Mike Pompeo's trip to North Korea, citing the lack of progress on denuclearization and blaming China. "Because of our much tougher Trading stance with China, I do not believe they are helping with the process of …

North Korea

Trump Just Admitted That North Korea Isn’t Actually Denuclearizing

We’ll always have Singapore?<p>Before his face-to-face summit with Kim Jong-un, Donald Trump insisted that the North Korean dictator could not be …

North Korea

These Stores Are Reason Enough To Book A Trip To Bangkok

One of the best aspects of traveling is bringing home tokens that mark the trip — be it handmade sandals or the perfect vintage T-shirt. In fact, …

The Shattering Double Vision of V. S. Naipaul

Over the years, I have kept coming back to an image: a young writer, a twenty-six-year-old Indian man, sits at a desk in a small flat in Streatham Hill, a modest area of South London. It is 1958, and he is working on a long book that will become, in time, one of the great novels of the twentieth …

The Story Behind Crazy Rich Asians’ Mahjong Showdown

Michelle Yeoh in <i>Crazy Rich Asians.</i><p><b>Spoilers ahead for Crazy Rich Asians.</b><p><i>Crazy Rich Asians</i> wraps up on a textbook rom-com happy ending that’s no less …

Buyers flee Hong Kong property as credit crunch bites

Hong Kong’s housing boom is starting to fray as monetary tightening by the US Federal Reserve forces the enclave’s authorities to tighten credit.<p>A rash of home buyers has pulled out of purchases at the last moment despite losing large deposits, a sign that financial stress is biting harder or that …

Chinese Show Signs Of Bowing To Trump's Trade Demands

Clear signs are emerging that Chinese opposition to President Trump’s trade demands is beginning to crumble.<p>China disclosed that it is sending delegation to Washington later in August to resume the stalled talks over trade at a low level. The Chinese delegation will include Vice Commerce Minister …

Macau: the incredible poverty at the heart of world’s richest place

When the clock strikes 4pm, Hoi Sao-sou takes off her black uniform, grabs her shopping bag and rushes through the staff door of one of the major …

Hong Kong

China's Geely in deal to let Malaysia's Proton tap new-energy, other vehicle tech in global push

BEIJING (Reuters) - Chinese automaker Geely has agreed to extend its existing partnership with Proton Holdings Berhad <DRBM.KL> to upgrade the Malaysia carmaker's line-up of cars and power Proton go beyond Malaysia, part of an ongoing effort to help Proton establish a presence in China and other …

Singapore's 50 Richest List

Ancient China’s architecture: wooden homes given new lease of life by antique dealer on a mission to preserve tradition

With their curved beams and intricate carvings of lion guardians and sagacious mandarins, dozens of grand wooden buildings stand spread across the …

China

North Korea: US not adhering to its side of the bargain since Trump-Kim summit

<b>(CNN) —</b> North Korea issued a forceful statement Thursday against what it said were elements of the US government which are not adhering to the spirit of the dialogue established by US President Donald Trump and North Korean leader Kim Jong Un at the Singapore summit hin June.<p>Pyongyang said while it …

North Korea

China Has a Stealth $410 Billion Stash to Boost the Economy

Stashed away around China is a pile of cash larger than the annual economic output of Norway.<p>Governments at all levels across the nation have a total …

HSBC's China Focus Continues To Drive Profits, But Leaves The Bank Vulnerable To Trade War

HSBC reported a strong performance for the second quarter of 2018 earlier this week, with strong loan growth across its operating divisions coupled with upbeat capital market conditions driving the top line even as lower operating costs boosted profits for the period. We have summarized HSBC’s Q2 …

Govt, rather than conflicts, stands in the way of FDI in Kachin

IN an article “Kachin fighting scaring off investors: official” published by <i>The Myanmar Times</i> on June 21, U Tun Kyaw Kyaw, assistant director of the …

ART SG: new significant art fair for Singapore and Southeast Asia in November 2019

ART SG, a new significant art fair for Singapore and Southeast Asia to have its first edition in November 2019<p>Published on 7/13/2018 by Christian …

Tricks Of A Crypto Trader: Meet Asia's Hottest Crypto Hedge Fund

O<p>n a damp Tuesday night in March, some 200 people crammed into a bar in San Francisco’s Four Seasons Hotel to discuss the buzziest topic in finance and tech: cryptocurrencies. The party had been organized just two days earlier, yet in they poured, mostly Asian men in their 20s and 30s, carrying …

Hedge Funds

Alibaba Founder Jack Ma To Launch $10 Million African Entrepreneurial Prize

Alibaba founder Jack Ma is in South Africa for the first time to launch a new initiative for African entrepreneurs with $10-million in funding.<p>Called the Netpreneur Prize, it aims to build a community of 100 young, African entrepreneurs by 2030 who will receive grants totaling $10 million.<p>Having …

Bitcoin Investor Relief As Report Supports South Korea's Largest Crypto Exchange

A report confirming that bitcoin exchange UPbit, now the biggest crypto exchange in South Korea, is storing 100% of its bitcoin and cryptocurrency balance sheet has sent a wave of relief over worried investors after the exchange was raided by local authorities in May.<p>At the time there were concerns …

Japan Tobacco Jumps Into Bangladesh Market With $1.5 Billion Deal

The single largest foreign direct investment (FDI) in Bangladesh’s private sector was revealed on Monday when Japan Tobacco Inc. (JT) said that it had agreed to purchase Akij Group’s tobacco business for $1.5 billion. The acquisition marks an aggressive push by the Japanese company into new markets …

Forbidden City: a day in the life of a Chinese emperor

Enjoy the sixth chapter of the Palace Museum series by tapping here to launch the special feature

Forbidden City

‘The Meg’ Aims Big at China, But Will Audiences Bite?

As with many broad action-driven films these days, how “The Meg” performs in China could determine the financial fate of the $150 million picture. …

Report: Taiwanese Air Force's New Stand-Off Cruise Missile Is Operational

Taiwan’s Wan Chien stand-off air-launched cruise missile has been declared fully operational, according to a report in the Taipei Times citing a …

Singaporean couple survives 2 Lombok quakes

For the second time in two weeks, a Singaporean couple survived an earthquake on the Indonesia island of Lombok.On July 29, Mr Mohamad Tahar Jumaat, …

Ten Things to do in Yangon This Week

<b>30th Anniversary of 8888 pro-democracy uprising</b> <b>| Aug. 8</b>An event to mark the 30th anniversary of the popular pro-democracy uprising in Myanmar.<i>Aug. 8,</i> …

No Closer to an Abe-Kim Summit

The Association of Southeast Asian Nations’ (ASEAN) Regional Forum (ARF) ministerial meeting, which recently wrapped up in Singapore, represents one …