Despite misfires during previous infrastructure endeavours in Africa, the Middle East and Central Asia, China is now making substantial green energy investments in those regions – and finding eager takers. Companies are making strides in power generation and crafting solar energy equipment with support from a range of host countries, including Egypt, Mauritius, Qatar and
New York has emerged as the most crypto-ready city in the world, while Tokyo ranked the least ready among the top 50, according to a 2024 study by Coinwire, which scrutinized and ranked cities based on seven metrics, presenting a comprehensive view of their readiness for the cryptocurrency revolution. Despite Japan’s recognition of Bitcoin as
Saudi Arabia’s Public Investment Fund (PIF) emerged as the world’s most active sovereign investor last year, boosting its deal activity even as most global peers including GIC and Temasek Holdings slashed spending. PIF deployed US$31.6 billion in 2023, according to research consultancy Global SWF. That was higher than the US$20.7 billion it invested the previous
Cross-border payment experts said innocent money remitters in Singapore were likely caught up in increasingly common money laundering raids by Beijing that freeze Chinese accounts as part of their investigations. China has been stepping up its crackdown on money laundering activities by criminals such as scammers who use “money mules”, third party individuals or company