Alphabet’s Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailingstart-up Go-Jek, sources familiar with the matter said. Go-Jek’s existing investors such as global private equity firms KKR & Co and Warburg Pincus are also participating in the funding round of Go-Jek, which is raising […]

U.S. Secretary of State Rex Tillerson accused Russia on Wednesday of not implementing all United Nations sanctions on North Korea over its nuclear weapons program and said Moscow “may be frustrating” some of the steps. Tillerson told reporters the Russian failure to comply with the U.N. measures “primarily” concerned fuel “but some other areas potentially […]

Rights and democracy advocates are calling attention to Facebook’s role in spreading misinformation again — this time in the Philippines. The social media giant’s hosting of inaccurate stories that support strongman President Rodrigo Duterte’s administration has been newly spotlighted after Manila moved to shut down a local news site that had been the victim of […]

China’s cross-border capital flows reached a turning point last year as they became basically balanced compared to previous net outflows, the foreign exchange regulator said on Thursday. Cross-border capital flows will remain largely steady in 2018 as the impact from the U.S. Federal Reserve’s policy normalization on capital flows in China is weakening, Wang Chunying, […]

Singapore’s government is hiring social media users to promote its 2018 budget, local newspaper The Straits Times reported on Wednesday. Hoping to generate youth interest in state finances, the island nation’s Ministry of Finance paid more than 50 Instagram users — most of whom boast over 1,000 followers — to post on the annual economic […]

China’s economic growth likely slowed a tick last year as authorities cracked down on both debt-heavy and pollution-causing industries. The Chinese economy is forecast to have grown 6.7 percent in the fourth quarter from the same period a year ago, and slightly lower than the 6.8 percent in the third quarter, according to a poll […]

Do not expect U.S. President Donald Trump to hit the gym, despite his doctor’s orders. He gets plenty of exercise on the golf course and at the White House complex, the president told Reuters on Wednesday. “I get exercise. I mean I walk, I this, I that,” Trump, 71, said during an Oval Office interview. […]

South Korea’s financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday. “(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law,” said Choi Jong-ku, chief of Financial Services Commission, […]

Stock indexes in Asia on Thursday bounced back from declines in the last session, tracking substantial overnight gains on Wall Street. Investors also awaited a raft of China data, as well as interest rate decisions from South Korea’s and Indonesia’s central banks due later in the day. Tokyo’s benchmark Nikkei 225 index rose 0.73 percent […]

China’s Foreign Minister Wang Yi concluded his annual trip to Africa on Tuesday with a visit to the tiny island nation of Sao Tome and Principe, off the continent’s western gulf. Beijing’s interest in the archipelago, with its population of roughly 200,000, may seem unusual. But experts CNBC spoke to have suggested that Sao Tome […]