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09 Feb Chinese telecoms giant Huawei raided in France by financial prosecutors

Posted at 02:48h in Asia

Chinese wireless equipment maker Huawei Technologies said its office in France was searched as part of a preliminary investigation by French financial prosecutors.The probe is into suspicions of atteinte à la probité, a justice ministry official said on Thursday, referring to a catch-all term that...

09 Feb Hong Kong homeowners face losses of nearly HK$10 million in second-hand market as price decline continues

Posted at 02:02h in Asia

Homeowners in Hong Kong are grappling with substantial losses at the beginning of the year as the city’s property prices have experienced a decline for eight consecutive months.The real estate market has been smothered under a softening economy and high interest rates. The recent...

09 Feb Hong Kong marine tech start-up Clearbot launches new solar-powered, self-driving boats to clean up ocean waste in India

Posted at 00:30h in Asia

“We want to build these boats that do this dirty, dirty job that is happening with [manned, diesel] boats around the world and automate them and make them more sustainable,” said Goel in an interview.Established in 2019, Clearbot started off as a student project...

08 Feb Here’s what you need to know

Posted at 20:34h in Europe

If living and working in Japan is on your bucket list, mark your calendar.Japan plans to start offering a six-month digital nomad visa at the end of March, according to The Japan Times. The Immigration Services Agency announced that to take advantage of the visa,...

08 Feb Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

Posted at 20:09h in Canada

BusinessThe Competition Bureau says it's investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector.Watchdog says clauses make it harder for new supermarkets to openThe Canadian Press · Posted: Feb 08, 2024 3:09...

08 Feb Market call: Chinese start-ups still crave US investors despite IPO challenges, bilateral friction

Posted at 14:00h in Asia

Less clear is whether the largest, most attractive Chinese companies want to navigate the shifting maze of impediments for a US listing – and how interested foreign investors are.Ethan Guo Yuanchi, a co-founder of Scage. Photo: HandoutOnce a license to print money, Chinese initial public...

08 Feb BCE Inc. cutting 4,800 jobs as it sells off 45 regional radio stations

Posted at 12:58h in Canada

BCE Inc. is selling off 45 of its 103 regional radio stations as it cuts nine per cent of its workforce, including journalists and other workers at its Bell Media subsidiary.The affected stations are in British Columbia, Ontario, Quebec and Atlantic Canada.The company announced Thursday...

08 Feb Russian war critic Boris Nadezhdin barred from running in election

Posted at 12:16h in Europe

Russia's electoral authorities have barred war critic Boris Nadezhdin from running in the presidential election next month, saying that he had submitted too many defective signatures in support of his bid.Politicians who wish to run in Russian elections must turn in at least 100,000 signatures...

08 Feb Hong Kong among first to propose crypto reserve requirements for banks aligned with new international standards

Posted at 10:30h in Asia

The BCBS is a forum where banking and finance authorities from 28 major jurisdictions set standards for prudential regulation. The standards are not legally binding, but are typically adopted through local laws and regulations.Hong Kong’s stablecoin rules would be ‘extremely challenging’ to Tether, USDCWith this...

08 Feb Hyatt Regency woos EV drivers in Hong Kong with expanded fast-charging facilities and discounts for Tesla drivers

Posted at 10:00h in Asia

The Hyatt Regency in Hong Kong’s Sha Tin district has partnered with Tesla to offer discounts for electric-vehicle (EV) drivers and has expanded its car-charging facilities in hopes of drawing new customers and supporting sustainable practices.The hotel has added 12 Tesla Superchargers, making its charging...

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