China is starting to move away from the use of points of sale, and this is due in part to the bank fees that must be paid for their use. It is estimated that, for example, in the United States for every 100 dollars, the seller only enjoys 97.25.
In the Asian country they are now working under the…
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China cuts video game hours
China tightened its policy to combat video game addiction in its underage citizens and has reduced the amount of time they can play to up to three hours a week, with a maximum of one hour a day and only on weekends.
This is stated in a…
China sanctions six US citizens and one institution
China sanctioned former US Secretary of Commerce Wilbur Ross, chairwoman of the China-US Economic and Security Assessment Committee Carolyn Bartholomew, former chairman of the Congressional Executive Commission on China Jonathan Stivers, in…
Singapore’s DBS launches its own token
The multinational banking corporation, known as DBS Bank of Singapore, launched its first security token offering, or STO, through the issuance of a digital bond.
As indicated, this asset has a price of 11.35 million dollars to be paid…
Bitcoin regains position after chaotic week
Since last week, the cryptocurrency bitcoin had been presenting strong falls in the market to the point of placing itself at $ 30,000, half of its last peak.
It suffered a colossal decline on May 19, falling from a daily open of around $…
China bans offering cryptocurrency services
China announced a ban on financial institutions and payment companies to provide any type of service related to cryptocurrencies.
From now on, banks and online payment channels will not be able to offer their customers any services that…
Japan’s GDP declines after 12 years
The Gross Domestic Product (GDP) of Japan, the world's third largest economy, registered an annual contraction of 4.8 % in 2020, the first since the 2009 financial crisis, despite the 3 % expansion observed in the last three months of the…
Chipmakers warn of a global supply shortage
The industry of processor manufacturing companies, among which is the US company specializing in mobile chips Qualcomm, have warned about a shortage of semiconductor supplies that could slow down the production of electronic devices around…
2021 Olympics may be the most expensive in history
Japan's Prime Minister Yoshihide Suga indicated that the Tokyo 2021 Olympics and Paralympics will go ahead this summer despite concerns about rising coronavirus cases.
Covid-19 cases increased in Japan in recent days and Tokyo reported…
DBS establishes new exchange division
The DBS institution is working on the creation of a cryptocurrency exchange division, which will be called DBS Digital Exchange.
According to Singapore's largest bank, there will be immediate support from SGX, one of the largest markets in…
Japanese GDP rebounds during third quarter of the year
Japan's Gross Domestic Product (GDP) experienced a 5.3 % rebound in the third quarter of 2020, thus partially recovering from the 8.3 % drop observed in the second quarter, according to the second estimate of the data released this Tuesday…
Asia and the Pacific seal the largest trade agreement in the world
This Sunday, leaders of several countries that make up the Asia-Pacific bloc such as China, Japan, Australia, New Zealand, among others, signed the largest trade agreement in the world.
Specifically, this was called the Comprehensive…