September2022
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Thailand’s Securities and Exchange Commission rolled out new rules on advertising for cryptocurrency companies
Sep 5, 2022Thailand’s Securities and Exchange Commission (SEC) has rolled out new rules on advertising for cryptocurrency companies after the industry has come under greater scrutiny from authorities. The new rules include clearly showing investment risks in advertisements... -
Volkswagen boards to discuss Porsche listing tomorrow
Sep 5, 2022Volkswagen’s management and supervisory boards will meet on Monday to discuss whether the long-anticipated listing of sports car brand Porsche should go ahead in late September or early October, the carmaker said on Saturday. A decision... -
Japan’s Universal Entertainment Corp took over the operations of the Okada Manila gambling resort
Sep 5, 2022Japan’s Universal Entertainment Corp said on Sunday its local representatives in the Philippines have taken over the operations of the Okada Manila gambling resort, the latest step in a long-running ownership dispute. Universal said in a... -
Canada’s soaring house prices will decline sharply next year
Sep 5, 2022Canada’s soaring house prices will decline sharply next year, but still not enough to make them affordable as the Bank of Canada is set to continue raising interest rates and keep them higher for longer, Reuters... -
Yogurt maker Chobani to withdraw its plans for an IPO in the United States
Sep 5, 2022Yogurt maker Chobani is withdrawing its plans for an initial public offering in the United States after having delayed its listing plans earlier this year, marking the first high-profile casualty of the current slowdown in stock... -
Japan’s Rakuten Mobile Inc’s service for users on Rakuten UN-LIMIT VII plans restored
Sep 5, 2022Japan’s Rakuten Mobile Inc said on Sunday that its service for users on Rakuten UN-LIMIT VII plans had been restored after a system failure caused difficulties making calls and sending data for over two hours. The... -
Britain cleared NortonLifeLock’s acquisition of British rival Avast
Sep 5, 2022Britain’s competition regulator finally cleared NortonLifeLock’s acquisition of British rival Avast on Friday, saying the security software market would remain competitive after the $8.6 billion merger of two of the biggest players. The Competition and Markets... -
WhatsApp banned 2.39 million Indian accounts in July
Sep 5, 2022WhatsApp banned 2.39 million Indian accounts in July, the highest so far this year, the Meta-owned popular instant messaging app said late on Thursday in its monthly report. The Asian nation’s stricter IT laws have made... -
SoftBank Group to cut at least 20% of staff at its Vision Fund investment arm
Sep 5, 2022SoftBank Group Corp plans to cut at least 20% of staff at its Vision Fund investment arm, Bloomberg reported on Friday, after Chief Executive Masayoshi Son pledged to cut costs after a record $50 billion loss... -
Toyota’s truck and bus unit Hino Motors to halt production of some medium and heavy-duty trucks
Sep 5, 2022Japan’s Toyota Motor Corp’s truck and bus unit Hino Motors will halt production of some medium and heavy-duty trucks for at least another year after a widespread data falsification scandal, Nikkei Asia reported on Sunday. The...