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Two Chinese online brokerages backed by major tech titans shared plans about expanding into crypto trading in the midst of a domestic crackdown. Tencent-backed Futu and Xiaomi-backed Tiger Brokers both unveiled crypto trading plans in their latest quarterly…
After its consumer banking exit in China, Citi will accelerate the growth of its mainland institutional business with the reported pursuit of new licenses. Citi plans to submit an application for a securities and futures brokerage license, according to a…
Vietnam has granted 4G licenses to three of the market’s major mobile operators – MobiFone, military-run Viettel and state-owned VNPT. The operators have been granted permission to roll out LTE services over the 1800-MHz band. Each of the three operators have…
India’s Department of Telecom (DoT) has published a list of 60 companies applying for an MVNO license in various cities. The companies have between them applied for 70 state, city or sub-district specific licenses across 11 of India’s 22 telecoms circles. The…
The Indonesian government held a closed-door meeting to discuss efforts to boost investment and business through the implementation of an easy and fast licensing service. “We should improve all aspects of licensing in relation to issuing building and…
No further risk to IAA’s licence but bigger re-rating depends on ability to become sustainably profitable IT has been a topsy-turvy time for AirAsia Group Bhd’s share price. After investor sentiment was rocked by a damaging report by GMT Research report on…