Some Asian firms have disclosed cash deposits at troubled U.S. lender Silicon Valley Bank (NASDAQ: SIVB), known for its deep ties with the healthcare and tech sector. Most emphasized that the amounts were immaterial to their operations.
Jerome Powell's recent comments on cryptocurrency have caused a stir, with the Federal Reserve Chair suggesting they could become worthless if the U.S. introduces its own central bank digital currency. How true is this? Let’s break it down.
During a two-day conference held in Guangzhou on Monday, China Audio-Video and Digital Publishing Association called for stricter regulations on the time and money spent by young people on video games.