Nexon founder hints at plan to sell his $9B majority share in gaming giant
January 12, 2019

The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion.

The divestment has been a hot rumor after a report from newspaper Korea Economic Continue reading

Chinese government will use home sharing data to monitor travelers
January 2, 2019

Facial recognition comes to your cozy home share.
Image: NICOLAS ASFOURI/AFP/Getty Images

Sharing someone else’s home is about to get even creepier.

The Chinese Airbnb competitor Xiaozhu is rolling out locks that open with facial recognition, according to the South Continue reading

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

Trump’s trade war with China and Europe will hit global growth  IMF
October 13, 2018

UKs outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%

Donald Trumps trade war with China and Europe is forecast to hit global growth this year and reverberate through 2019, the International Monetary Continue reading

Trump hits China with $200bn of new tariffs as trade war escalates
October 10, 2018

President imposes import tariffs that will affect US consumers as he criticises unfair practices

Donald Trump has intensified his trade war with China by imposing new tariffs of $200bn on Chinese goods arriving in the US from next week.

The Continue reading