Greater China
The bank has been working on a pilot for a government-run digital currency for the past two years.
Taiwan central bank working on digital currency, no timetable on rollout yet
Toppr lays off India staff, while parent BYJU'S is reportedly looking at $1b US acquisition
China's top home developer Vanke says property market has bottomed
Hyundai Oilbank makes third listing attempt, gains preliminary nod for IPO
Czech firm PPF seeks to divest consumer lending biz Home Credit in China
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[Updated] Bangladesh B2B startup ShopUp nets $65m in Series B4 funding
SG’s Panthera Growth Partners secures first close of $250m Fund 2
Ascend Vietnam Ventures closes debut fund at over $50m
Vietnam’s Loship said to seek debt financing amid harsh equity funding climate
Betting big on SEA, Belgium’s AvH opens first international office in Singapore
Companies supplied items to Russian “entities of concern”, says Commerce Department.
Top Shine Global, an investor in an Evergrande unit , filed the petition.
Singapore
Three Arrows failed to make the required payments on a loan of 15,250 BTC and $350 million USDC, said Voyager.
The country prepares to implement a revised anti-monopoly law in August
The scheme will channel fresh savings into the country’s capital markets.
The number of licences plus in-principle approvals granted by MAS now stands at 14.
Beijing has softened its stance over a crackdown that started in late 2020.
India
The RBI diktat effectively “mandates all new-age lines of credits to be done only in partnerships with banks.”
World
Tesla violated federal law as it did not provide advance notice of the job cuts, they allege.
