ASIA

Sudden asteroid flyby shows blind spot in detecting planetary threats

Sudden asteroid flyby shows blind spot in detecting planetary threats

WASHINGTON, Jan 29 (Reuters) – The discovery of an asteroid the size of a small transport truck just days before its passage to Earth on Thursday, although it poses no threat to humans, highlights a blind spot in our ability to predict which ones might actually cause damage, astronomers say. For years, NASA prioritized detecting …

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Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

LONDON, Jan 24 (Reuters) – Crypto giant Binance has handled nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly mining a “money laundering engine,” according to blockchain data seen by Reuters shows. On Jan. 18, the Justice Department said it had charged Bitzlato …

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'I cried all night': Millions of Chinese lose access to 'World of Warcraft' and other hit games |  CNN Business

‘I cried all night’: Millions of Chinese lose access to ‘World of Warcraft’ and other hit games | CNN Business

hong kong CNN — Millions of gamers in China have lost access to the iconic “World of Warcraft” franchise and other popular video games as Blizzard Entertainment’s servers in the country went offline after two decades. The company’s services in China were suspended at midnight local time on Tuesday, marking the end of an era …

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Exclusive: Geely plans to turn London black cab maker into powerhouse

Exclusive: Geely plans to turn London black cab maker into powerhouse

COVENTRY, England, Jan 23 (Reuters) – China’s Geely (0175.HK) is planning a big investment to transform the maker of London’s iconic black cabs into a high-volume all-electric brand with a range of commercial and passenger vehicles, unit leaders told Reuters. London Electric Vehicle Company (LEVC) is also aiming to expand its range of services, which …

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Genesis crypto lending unit files for bankruptcy in the US

Genesis crypto lending unit files for bankruptcy in the US

Jan 20 (Reuters) – Crypto firm Genesis’s lending unit filed for U.S. bankruptcy protection against creditors on Thursday, overturned by a market rout with companies like exchange FTX and the BlockFi lender. Genesis Global Capital, one of the biggest crypto lenders, froze client redemptions on November 16 after FTX stunned the financial world with its …

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Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

Davos 2023: Intimidated Crypto Crowd Feels Winter Freeze at WEF

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main street of Davos, the impact of the crypto winter is evident for WEF attendees. Last May, the dressed storefronts that line both sides of Promenade Street that runs through the Swiss ski resort were dominated by crypto companies, rolling in bitcoin. …

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BOJ defies market bets for policy tweaks, sending yen tumbling

BOJ defies market bets for policy tweaks, sending yen tumbling

BOJ keeps interest rate targets and yield band intact BOJ Accelerates Market Mining Tool, Signals Status Quo on YCC Board raises inflation forecast but cuts growth forecast TOKYO, Jan 18 (Reuters) – The Bank of Japan kept interest rates rock-bottom on Wednesday, including a bond yield cap it struggled to defend, defying market expectations that …

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Covid has broken supply chains.  Now on the mend, will they be able to withstand a new shock?  |  CNN Business

Covid has broken supply chains. Now on the mend, will they be able to withstand a new shock? | CNN Business

Minneapolis CNN — The pandemic has dislodged the global supply chain, plunging once smoothly functioning businesses, industries and economies into a state of disarray. After almost three years of fluctuations and extreme extremes, the system is slowly accelerating and synchronizing better: ocean freight times are steadily decreasing, ports are less congested, labor strikes have been …

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