Questions swirl over the future of TikTok. Who could own it? How will the platform operate?

latimes.com TikTok on Wednesday faced a formidable threat to its business, with a new law signed by President Biden that could dramatically change the way the popular video app…

Olivia Rodrigo Adds Asia and Australia Legs to Guts World Tour

variety.com Olivia Rodrigo will tour Asia and Australia for the first time in her career, the singer announced Wednesday. Rodrigo has added nine international dates to her massive…

Protest song 'Glory to Hong Kong' now banned in city after appeals court overturns ruling

pbs.org An appeals court on Wednesday granted the Hong Kong government’s request to ban a popular protest song, overturning an earlier ruling and deepening concerns over the erosion…

Olivia Rodrigo Announces Asia & Australia Legs of Guts World Tour: See the Dates

billboard.com Olivia Rodrigo is continuing to expand her Guts World Tour, announcing Wednesday (May 8) that she’s adding nine new dates in Asia and Australia to the trek for this fall.…

JPMorgan, Mastercard, Wells Fargo and US Banking Giants Explore New Ledger-Based Settlement With Tokenized Assets

dailyhodl.com America’s biggest financial institutions are collaborating on a new initiative to explore an on-chain settlement system for tokenized cash and assets. According to an…

Hong Kong Debuts First Bitcoin ETF Liquidity Fund Valued at $128 Million

tftc.io Hong Kong has introduced its first Bitcoin ETF liquidity fund. The HK$1 billion fund, approximately equivalent to $128 million, is a collaborative effort designed to enhance…

Coingape: Bitcoin, Ethereum, Crypto News and Price Analysis

coingape.com Bitcoin price analysis: The cryptocurrency market deals with forces internally and externally. On top of the global hiking inflation levels, regulatory pressure, especially…

China, Hong Kong stocks win back investors on economic recovery

asia.nikkei.com SHANGHAI/HONG KONG/TOKYO -- Stocks in mainland China and Hong Kong have regained momentum, as positive economic indicators and a government push to strengthen the capital…

Heir to Prada’s billionaire owning family signals openness to acquisitions as luxury dynasties look to the future

aol.com Family-owned luxury fashion empires are not exactly known for their openness when it comes to succession planning. The world’s largest, LVMH, is still controlled by chairman…

Why Tiger Grandcub Sylebra Is Currently One of the Year’s Top Performers

institutionalinvestor.com Sylebra Capital continues to kill it this year. The Tiger Grandcub founded by Dan Gibson posted a 3.8 percent gain in April in the Sylebra Capital Partners Master Fund when…

Global crypto firms turn to Hong Kong for refuge

techcrunch.com The city’s web3 carnival this year drew noticeably more global attendees With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the…

Taiwan's export dependence on China drops to 22-year low

asia.nikkei.com TAIPEI -- China accounted for 30.7% of Taiwan's goods exports for the first four months of the year, nearing a low last seen more than two decades ago for the island's…

Uncover Hong Kong's Heritage This May with Cultural Festivals and All-New Pyro & Drone Shows

benzinga.com TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- As the weather heats up this May, so does Hong Kong's calendar of world-class cultural happenings. International visitors are…

Lady Gaga’s ‘Chromatica Ball’ Concert Special Gets Premiere Date At HBO

deadline.com HBO has set a spring premiere date for Lady Gaga‘s concert special. Gaga Chromatic Ball debuts Saturday, May 25 at 8 pm on HBO and streaming on Max. Gaga Chromatica Ball…

Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

coinspeaker.com Coinspeaker Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank After testing the crypto operations via a traditional banking platform in the past twelve…

EU mulls adding crypto in €12tn investment market bigger than Bitcoin ETFs

dlnews.com The European Union securities watchdog is asking stakeholders whether it should include crypto assets into investment products — a move that could enable crypto to tap a…

Bits + Bips: Does Macroeconomics Point to a Potential Crypto Supercycle?

unchainedcrypto.com In this first episode of Bits + Bips, hosts James Seyffart, Alex Kruger, and Joe McCann explain why the macroeconomics could point to the markets actually being in a crypto…

‘Emily in Paris’ and ‘Monsieur Spade’ Lead the Charge For France-Focused Shoots

variety.com A competitive tax rebate, combined with public and private initiatives to revitalize the local infrastructure, has substantially boosted the number of international…

Hong Kong Cracks Down on Fake Crypto Exchange Allegedly Linked to Elon Musk

cryptonews.com The Hong Kong Securities and Futures Commission (SFC) has warned the public regarding Quantum AI, an entity allegedly engaged in fraudulent activities related to virtual…

Protest song 'Glory to Hong Kong' banned in city

asia.nikkei.com HONG KONG -- "Glory to Hong Kong," a popular protest song, will be banned after Hong Kong's appeal court on Wednesday overturned a previous ruling in favor of free speech.…

Can Macao — the “Las Vegas of the East”

marketplace.org This story was produced by our colleagues at the BBC. China wants to transform Macao, known as the “Las Vegas of the East,” into a real Vegas that relies more on…

NCT DREAM Announce Dates For 2024 Dream World Tour in Europe, Latin America and U.S

billboard.com NCT DREAM rolled out the dates for their upcoming 2024 world tour on Wednesday (May 8), with dates in Latin American, the U.S and Europe as part of their 2024 NCT DREAM…

Bitcoin Suffers Massive Outflows Amid Crypto Market Uncertainty, Tops $284 Million

newsbtc.com The recent unimpressive price action of Bitcoin is playing out in the minds of institutional investors, with recent data highlighting their bearish sentiment. This has led…

ZhongAn May Be Betting On Property Rebound With Shanghai Office Buys

benzinga.com ZhongAn has agreed to buy two office buildings in Shanghai from a joint venture majority-owned by the Rockefeller Group • China’s property market has been in a prolonged…

Generative AI is speeding up human-like robot development. What that means for jobs

cnbc.com BEIJING — ChatGPT-like artificial intelligence is speeding up research and bringing humanoid robots closer to reality in China, home to many of the world's factories. AI has…

BRC-20 Investors Bet Big on Highest APY Learn-to-Earn Platform

cryptonews.com Wednesday, May 8, 2024 – Learn-to-Earn could be the next crypto narrative as retail investors bet big on 99Bitcoins’ BRC-20 crypto presale – but what has the market so…

Hong Kong attracts US$832 million in investment from life-science technology firms setting up or expanding

scmp.com Hong Kong possesses several advantages for such companies, Maggie Lo, vice-president of life and health technology at Oases, said on Wednesday. It offers fundraising…

US Bitcoin ETFs Eat into Market Share of Global Bitcoin ETPs

coinspeaker.com Coinspeaker US Bitcoin ETFs Eat into Market Share of Global Bitcoin ETPs The massive success of US Bitcoin ETFs within the first three months of launch makes them one of the…

Hong Kong Court Bans ‘Glory to Hong Kong,’ a Pro-Democracy Song

nytimes.com A Hong Kong court on Wednesday granted a government request to ban a popular pro-democracy anthem, raising further concerns about free speech in the city. The decision,…

China’s Elderly Workers Can’t Afford to Retire, Numbers Soaring

asiafinancial.com China is facing a demographic crisis. The country has 94 million workers over the age of 60, many of whom cannot afford to stop working. And that number is set to explode…

Why is The Crypto Market Down Today?

coinpedia.org The post Why is The Crypto Market Down Today? appeared first on Coinpedia Fintech News After a brief period of recovery, the crypto market has experienced another setback…

Hong Kong hotelier Kadoorie to stay on 'as long as' health permits

asia.nikkei.com HONG KONG -- Michael Kadoorie, the 82-year-old chairman of the company that runs the luxury Peninsula Hotels chain, said Wednesday that he plans to stay on for the…

China Vanke puts Shenzhen land up for auction to raise cash, ease debt burden

scmp.com Vanke bought the 19,227-square metre site in Nanshan district in December 2017 for about 3.1 billion yuan, according to past land auction information. The plot is located…

A millennial couple moved from Arizona to China to teach at an international school. The cost of living is much cheaper, though the language barrier is…

businessinsider.com Scott Vleeschouwer moved from Arizona to China to work at an international school. Scott Vleeschouwer Scott and Marissa Vleeschouwer relocated from Arizona to China to work…

‘Ryuichi Sakamoto: Opus’ Concert Film Set for China Cinema Release (EXCLUSIVE)

variety.com Concert documentary, “Ryuichi Sakamoto | Opus,” directed by Neo Sora, will open in mainland Chinese cinemas on May 31. The film had its world premiere in official selection…

Nikkei Slips on Rates Uncertainty, Property Drags on Hang Seng

asiafinancial.com Asian stocks went into reverse on Wednesday, with investors unnerved over mixed signals on US interest rates and contradictory data coming out of the world’s biggest…

LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund

coinspeaker.com Coinspeaker LD Capital, Antalpha Ventures, Highblock Unite for Hong Kong’s First ETF Liquidity Fund In a historic move, major blockchain venture capital firms in Asia have…

Market Maker Wintermute to Support Hong Kong Spot ETFs with Liquidity

coinspeaker.com Coinspeaker Market Maker Wintermute to Support Hong Kong Spot ETFs with Liquidity Crypto market maker Wintermute may have revealed new plans to offer liquidity support to…

Jefferies-Backed Tradu Launches Fee-Friendly Crypto Exchange

cryptonews.com Tradu, a trading platform owned by Jefferies’ Stratos Group, went live with a new crypto exchange aimed at active traders on Wednesday. Beginning May 8, crypto traders have…

Toncoin Bags HashKey Listing, Brace For TON Price Rally

coingape.com In April, news emerged of a strategic partnership between the TON Foundation and the HashKey Group, aimed at fortifying the TON Ecosystem’s treasury management capabilities…

Tencent, Alibaba Earnings Are Key to Longer China Stock Rally

finance.yahoo.com The bounceback in Chinese stocks from their multi-year lows risks running out of steam unless the nation’s tech giants can deliver on their earnings next week. • None One…

China’s Ganfeng seals US$343m deal to gain control of Malian lithium mine

scmp.com “The board believes that the transactions are in line with the company’s strategy of upstream and downstream integration and the further development in the new energy…

Baidu PR chief's videos spark backlash over harsh workplace culture

asia.nikkei.com HONG KONG -- Chinese search engine giant Baidu faces a public relations headache after the head of its own PR department struck a nerve with a series of videos on social…

These DeFi Projects Are Set To Soar As Hong Kong Joins Global Crypto ETF Run

coinpedia.org The post These DeFi Projects Are Set To Soar As Hong Kong Joins Global Crypto ETF Run appeared first on Coinpedia Fintech News The DeFi market has seen several changes and…

Top Reasons Why the Crypto Market Is Down

coingape.com The fall of overall trading volume to $63.63B indicates a slow crypto market, but the rest of the factors also indicate the same. The TV has declined 17% in just a day, and…

NYC has most millionaires in the world despite COVID exodus

nypost.com The Big Apple is home to the most millionaires in the world — despite the recent exodus of wealth spurred on by the pandemic. There are 350,000 millionaires in New York…

Dubai-Based The Plot Pictures Takes MENA and Turkey Rights to Slew of Titles, Including ‘William Tell’ (EXCLUSIVE)

variety.com New Dubai-based distribution and production studio The Plot Pictures is headed for the Cannes Marche du Film after snapping up Middle East, North Africa and Turkey (MENAT)…

Ethereum sees $30M inflows after weeks

ambcrypto.com For the fourth consecutive week, digital asset investment products recorded more outflows than inflows. Coinshares, the leading asset manager, made this known in a post…

US Spot Bitcoin ETF Challenge Global ETPs By Ramping Up 827K BTC

coingape.com The U.S. Spot Bitcoin ETFs are giving tough competition to global BTC ETPs. The U.S. counterparts have ramped up over 827,000 BTC from the market since inception in January…

Morgan Stanley warns against chasing China stocks rally as rebound may stall

scmp.com Morgan Stanley warns against chasing China stocks rally as rebound may stall Investors should exercise caution while chasing Chinese stocks, among the best performers…

Asian Crypto Venture Firms Launch $128M ETF Liquidity Fund in Hong Kong

cryptonews.com Three Asian-based ventures have joined forces to launch Hong Kong’s first-ever ETF liquidity fund. The fund is valued at HK$1b (about $128m), according to a statement…

HKMA Establishes Working Group to Set Standards for Wholesale CBDC Interoperability

cryptonews.com The Hong Kong Monetary Authority (HKMA) on Tuesday formed a working committee in order to set industry standards for wholesale CBDC interoperability. The group also aims to…

Stock market today: Asian shares mixed after calm day on Wall St

aol.com Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street. U.S. futures and oil prices slipped, while the yen weakened further against the…

Chinese firms’ earnings to rebound amid a pickup in the economy: UBS

scmp.com More than 5,000 companies on the mainland’s three exchanges posted an average 4 per cent decline in earnings year-on-year, according to the Swiss bank. Excluding the…

Asia stocks slip, dollar climbs as Fed rate path pondered

aol.com May 8, 2024 at 2:05 AM TOKYO (Reuters) -Asian stocks slipped on Wednesday, while the dollar climbed despite lower U.S. Treasury yields as markets assessed mixed signals from…

Telos Secures $1M in Funding From Presto Labs to Develop SNARKtor-Powered L2 and SNARKtor Labs

cryptopotato.com [PRESS RELEASE – Hong Kong, Hong Kong, May 8th, 2024] Telos today announced it has accepted a strategic investment of $1 million USD from Presto Labs, a leading Asia-based…

Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs

cryptonews.com Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). In an announcement…