News & Updates

JAKARTA (Reuters) -Indonesia has issued telecommunications permits for five different models of Apple's iPhone 16, the communications ministry said on Friday, a step towards allowing sales after a domestic ban. The permit issue came a week after Indonesia issued local content certificates for 20 Apple products including iPhone 16. Apple still needs an import permit from the trade ministry to be able to sell the iPhones locally, the industry ministry has said.

HONG KONG (Reuters) -Asia hedge funds weathered the March selloff in markets better than their U.S. counterparts, helped by the relative outperformance of Chinese stocks as global investors rushed into that market. Asia-focused hedge funds posted an average 0.71% loss this month until the 10th, compared with a 2.6% drop for their U.S. peers and a 1.7% drop for global peers, a Morgan Stanley prime brokerage note dated March 12 shows. While the market rout impacted Asia hedge funds, their year-to-date outperformance relative to the United States has expanded, pointing to how the region is becoming somewhat of a haven for investors fearing a U.S. recession.

HONG KONG (Reuters) -China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based conglomerate sharply lower on Friday. The repost of the critical state media commentary by China's governing body overseeing the territory highlights the complex geopolitical pressures the firm faces, as investors worry the deal could be derailed without Beijing's backing. CK Hutchison said last week it agreed to sell most of the global $22.8 billion ports business, including assets it holds along the strategically important Panama Canal, to a group led by BlackRock.

DOCU earnings call for the period ending December 31, 2024.

In March 2025, Asian markets have been navigating a complex landscape marked by global trade tensions and economic policy shifts, with China signaling potential stimulus measures to maintain its growth targets. Amid this backdrop, identifying growth companies with high insider ownership can be an attractive strategy, as such ownership often aligns management's interests with those of shareholders and may indicate confidence in the company's future prospects.

ULTA earnings call for the period ending December 31, 2024.

Russian oil firms are using Bitcoin and USDT for trade with China and India despite global sanctions, according to Reuters.

Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge.

The US has already suffered a crypto brain drain. That’s why the Crypto Task Force needs to work with more urgency than it has shown.

DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands?