The Reserve Bank of Australia (RBA) said on Tuesday that it will begin a research program investigating the case for a central bank digital currency (CBDC) in Australia. The program will run for one year and will focus on the possible economic benefits that a CBDC could offer.
The crypto currency lending and borrowing platform Hodlnaut, which is based in Singapore, has ceased withdrawals, swaps, and deposits, the firm announced on Monday (August 8). This is the latest indicator of stress in the cryptocurrency market.
A top cabinet official said that the American automobile manufacturer Tesla has inked contracts with nickel processing companies in Indonesia to purchase components for their batteries. These contracts are valued approximately $5 billion USD.
Two sources with knowledge of the matter have stated that Malaysia’s second-richest man, Quek Leng Chan, is weighing options for his stake in Hong Leong Bank, including a merger. This is a move that could trigger wider consolidation in the sector and make Quek Leng Chan the second-richest man in Malaysia.
Air travel is experiencing a renaissance at the moment. Passenger flow at Changi Airport in Singapore is currently around 50 percent of what it was before the pandemic, whereas airports in Europe have already surpassed the 80 percent mark.
Since Russia’s invasion of Ukraine, it has been five months since the conflict began. Sanctions were placed on Russia when the world community voiced its disapproval of its aggressive behavior.
The annual rate of inflation in Indonesia maintained its ascent in July, reaching 4.94 percent year-on-year for the month.
A shareholder activism movement is growing in Taiwan, as evidenced by a case involving a shareholder dispute between an Apple supplier based in Taiwan and an international investor over the company’s multibillion-dollar cash pile.
Israel and the Palestinian Islamic Jihad militant organization agreed a ceasefire, increasing expectations of an end to the most significant flare-up on the Gaza border in more than a year.
Another 292 movies featuring SWO Leong’s rough voice have since been uploaded to the platform. These videos range from parody — anyone for five sets of “daprata”? — to people discussing their own exercise routines.
