HONG KONG — As Hong Kong returns to the global top five for public offerings, propelled by Chinese companies seeking dollar funding outside the U.S., concerns are rising over the long-established Hong Kong dollar peg crucial for the listings. Questions about the peg — under which the Hong Kong dollar is set at a narrow…
California’s free earthquake early warning app is now available for Mac computers and Chromebooks — a major expansion of access for the warning system, which has been available for years on cellphones. The MyShake app, developed by UC Berkeley, is one of the most popular ways to receive earthquake early warnings generated by the U.S….
Elon Musk’s net worth has soared past $300 billion, according to the Bloomberg Billionaires Index. It comes off the back of big stock market gains for Tesla following Trump’s election win. Tesla hit a trillion-dollar market valuation on Friday. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the…
For many Malaysians like Dwayne Tan, the choice of who provides the country’s 5G internet boils down to a simple need: a stable, easy-to-use connection for his e-commerce business. “Speed is useless if both of those things have problems,” said Tan, who sells everything from coffee mugs to piggy banks on the Shopee platform. But…
America’s top envoy to Beijing said the US will not tolerate a “second China shock” and expressed support for a “global pushback” to surging capacity in China’s electric vehicle (EV) industry and other sectors. Speaking via video link from Beijing on Thursday, US ambassador to China Nicholas Burns called on European allies to jointly address…