Issuing digital tokens is a popular way for many start-ups to raise money, but two prominent names in the cryptocurrency space warned about the rise in fraudulent projects that offer little value to investors. Initial coin offerings, or ICOs, are a fundraising vehicle where investors send some form of digital currency — usually bitcoin or […]

China shocked the world last week when it suddenly announced it would finally make some moves to open up its financial sector to more ownership from international investors. But it’s not just overseas companies that stand to benefit: One important Chinese sector will grow stronger, experts said. Like many parts of China’s financial industry, insurance […]

Western countries are trying to push their culture and political values onto others, seducing them into abandoning their own, China’s propaganda chief warned on Friday, saying the country must follow its own path. Chinese President Xi Jinping has overseen a sweeping crackdown against civil society since assuming office five years ago, tightening control over society, […]

The medical condition of North Korea’s latest escapee reveals worrying insights about health and hygiene in the rogue state. The individual, who was shot multiple times after running across the demilitarized zone that separates North and South Korea on Monday, is currently recovering at a hospital near Seoul. His chances of survival, however, are complicated […]

North Korea is reportedly moving closer to developing a submarine capable of firing ballistic missiles. The pariah nation “is on an aggressive schedule to build and deploy its first operational ballistic missile submarine,” said a Thursday note on 38North, a project of the US-Korea Institute at Johns Hopkins School of Advanced International Studies. Strategists anticipated […]

Asian shares are expected to open higher on Friday as global equities appeared to bounce back after declines earlier in the week. U.S. House Republicans on Thursday passed a bill to cut taxes on businesses and individuals, the biggest step yet in the GOP’s effort to alter the country’s tax system. The House plan cuts […]

India should be able to return to its “normal” growth range by next year as the short-term fallout from a new goods and services tax plan and last November’s currency ban ebb, the country’s finance minister told CNBC. The Indian economy grew at its slowest pace in three years between April and June at 5.7 […]

Dan Kitwood | Getty Images A visual representation of the digital Cryptocurrency, Bitcoin on October 24, 2017 in London, England. Mai Fujimoto, known as Miss Bitcoin in Japan, has become a type of “crypto evangelist,” blogging and tweeting about all things bitcoin. She said that although regulations built trust in the currency, bitcoin won’t be […]

Chinese internet search giant Baidu on Thursday introduced a speaker and two robots as part of its Raven series in a serious push into the highly competitive smart home market. The products, introduced at the Baidu World conference in Beijing, are powered by the company’s DuerOS conversational artificial intelligence technology. That system is similar to […]

A North Korean soldier who staged a dramatic escape to South Korea may potentially have useful insights about dictator Kim Jong Un’s administration The individual reportedly drove a vehicle near the military demarcation line — the border separating both Koreas — on Monday and proceeded to run towards the South Korean side, attracting a hail […]