Technology

EXCLUSIVE HSBC CEO says Bitcoin not for us

HSBC (HSBA.L) has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters.

NFT enthusiasts hold firm despite crypto price plunge

This week’s cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.

Tencent Q1 profit rises 65% as online gaming revenue climbs

Chinese gaming and social media giant Tencent Holdings Ltd (0700.HK) reported a forecast-beating 65% rise in quarterly profit on Thursday, driven by a surge in users for its video games in China and international markets.

Britain clears $44 bln Virgin-O2 merger to take on BT

Britain’s competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica’s (TEF.MC) UK mobile network O2 on Thursday, after a months-long review.

EXCLUSIVE HSBC CEO says Bitcoin not for us

HSBC (HSBA.L) has no plans to launch a cryptocurrency trading desk or offer the digital coins as an investment to customers, because they are too volatile and lack transparency, its Chief Executive Noel Quinn told Reuters.

NFT enthusiasts hold firm despite crypto price plunge

This week’s cryptocurrency price plunge eroded the dollar-based value of NFTs and raised the cost of buying and selling them, in what could be a setback for the burgeoning digital asset market. But NFT collectors are not bailing out.

JD Logistics to raise $3.16 bln in Hong Kong IPO -sources

JD Logistics Inc is set to price its shares at HK$40.36 ($5.20), towards the lower end of its indicated range, to raise $3.16 billion in a Hong Kong initial public offering (IPO), two people with direct knowledge of the matter told Reuters.

Tencent Q1 profit rises 65% as online gaming revenue climbs

Chinese gaming and social media giant Tencent Holdings Ltd (0700.HK) reported a forecast-beating 65% rise in quarterly profit on Thursday, driven by a surge in users for its video games in China and international markets.

Britain clears $44 bln Virgin-O2 merger to take on BT

Britain’s competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica’s (TEF.MC) UK mobile network O2 on Thursday, after a months-long review.

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