Emerging markets need more say on digital currencies Governments in emerging markets must have greater say in the regulation of digital currencies that could facilitate illegal capital flows and disrupt foreign exchange management, a senior official of China’s foreign exchange regulator said on Monday. China has signalled it is activelyContinue Reading

Bitcoin holds ground after China voices support for blockchain Bitcoin held ground on Monday near a one-month high scaled over the weekend after China’s president Xi Jinping said the world’s second biggest economy should accelerate the development of blockchain technology. Blockchain, a digital ledger that forms the backbone of manyContinue Reading

Qatar Airways, JAL among suitors for Malaysia Airlines Three international carriers have put in bids to buy a strategic stake in the ailing Malaysian carrier, Malaysia Airlines, according to a report published on Saturday by business weekly The Edge Malaysia. Malaysia’s government said on Tuesday that sovereign fund Khazanah NasionalContinue Reading

Comcast beats profit estimates on internet subscriber additions Media and communications company Comcast Corp (CMCSA.O) beat Wall Street estimates for third-quarter profit on Thursday, as it added more high-speed internet customers, even as it lost video users. The company gained 379,000 high-speed internet subscribers, beating analysts’ average estimate of 344,000Continue Reading

Twitter revenue hit by weaker advertising, low demand; shares plunge Twitter Inc posted worse-than-expected third quarter revenue and profit on Thursday, which the company attributed to advertising problems including product bugs and unusually low demand over the summer, sending its shares down about 15%. Shares of the micro-blogging platform droppedContinue Reading