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Bitcoin sank at Asia’s open, triggering leveraged liquidations and a broad crypto selloff as gold rallied and macro uncertainty fueled a sharp, volatile reset. Summary Bitcoin dumped from weekend levels at the Asian open, sparking forced long liquidations and a broad crypto market drawdown. Gold rallied as macro and Fed-policy uncertainty pushed some capital toward … Read more
Another week, another crypto Asia update. In this week’s update, the focus has shifted towards maintaining regulatory clarity and reinforcing digital asset infrastructure rather than sweeping changes. Governments are fine-tuning what’s already in place. Here’s the rundown of the biggest headlines from this week in crypto Asia. India Formally Reviews Its VDA Framework India currently … Read more
Tropical storm deaths cross 500 in Southeast Asia, over 4 million affected
Southeast Asia should be well-placed to thrive in a more geopolitically complex world. The region is rich in natural resources, has a young and increasingly wealthy population, and maintains economic and trade links with major economic powers like the U.S., China, India and the Gulf Cooperation Council. Yet during the Fortune Innovation Forum in Kuala … Read more
Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth … Read more
People walk in a shopping mall in the Sanlitun area in Beijing, China, on April 4, 2025. Kevin Frayer | Getty Images News | Getty Images EQT, one of the largest private market investors in the world, is doubling down on Asia, calling the region a big growth engine and home to some of the most compelling opportunities … Read more
The U.S. stock market fell following another jarring day on Tuesday, as worries keep dogging Nvidia, bitcoin and other Wall Street stars that their prices shot too high. After quickly sliding to a morning loss of 1.5%, the S&P 500 clawed back nearly all of it before sinking again. It finished with a fall of 0.8% and pulled … Read more
Key Takeaways Grab and StraitsX are collaborating to develop web3 wallets and stablecoin-based payment infrastructure across Asia. The partnership will enable Grab users and merchants to transact with stablecoins like XSGD and XUSD for efficient cross-border payments. Share this article Southeast Asia super-app Grab has signed a strategic memorandum of understanding with StraitsX to assess … Read more
Southeast Asian governments and businesses have been rocked by a renewed focus on the region’s notorious scam centers, compounds where workers—often themselves victims of human trafficking—try to defraud individuals in wealthier economies like Singapore and Hong Kong. In mid-October, the U.S. and UK slapped sanctions targeting individuals and entities within the Cambodia-based Prince Group, which … Read more
Pedestrians are reflected in a window as electronic boards display stock information at the Australian Securities Exchange, operated by ASX Ltd. on Aug. 6, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Asia Pacific markets were mostly set to fall Tuesday, breaking ranks from Wall Street, which saw a … Read more
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