BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…
The US consulate in Hong Kong has said it will continue its passport and visa services in the city despite a funding freeze across the US government that shut down most of the country’s federal operations. But the consulate said on Wednesday its website updates would remain “limited” until full operations resumed, while its Instagram…
Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump, during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, DC, US, on Thursday, Sept. 4, 2025. Daniel Heuer | Bloomberg | Getty Images The Senate is expected to vote Monday on…
New images of China’s J-20A stealth fighter have begun circulating on Chinese social media, with the photographer claiming the jet, also known as the Mighty Dragon, is rehearsing for a September military parade debut. The photos of the J-20A were shared on Wednesday alongside photos of the J-35, another fifth-generation Chinese stealth fighter. In recent…
With Republican Party majorities in the House of Representatives and the Senate, it would be simple for an onlooker to assume US President Donald Trump would not have any trouble getting laws passed. But as his closest allies struggle to muscle the One Big Beautiful Bill Act through Congress, this idea has been disproved. After…
In a call to action for greater investment to accelerate the development of blockchain infrastructure, industry group Web3 Harbour and accounting firm PwC Hong Kong released the “Hong Kong Web3 Blueprint” on Monday, capitalising on recent momentum in the city. Highlighting the “transparency, security, and user empowerment” of decentralisation, the blueprint seeks to leverage what…
Stablecoins are poised to become a major cross-border payment tool that would benefit issuers in Hong Kong and mainland Chinese firms expanding overseas, according to industry insiders, as the city and the US push forward regulation of the popular tokens. A stablecoin is a type of cryptocurrency that maintains a fixed value by being pegged…
Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset – is grabbing the attention of mainland institutions, as a leading Chinese brokerage predicts a boom in tokenised real-world assets (RWA) in the city. While Beijing has remained largely quiet on Hong Kong’s new stablecoin…
Hong Kong’s move to legalise stablecoins – cryptocurrencies that maintain a fixed value by being pegged to a reference asset – is grabbing the attention of mainland institutions, as a leading Chinese brokerage predicts a boom in tokenised real-world assets (RWA) in the city. While Beijing has remained largely quiet on Hong Kong’s new stablecoin…