Pledges
TikTok Resumes Services in the US After Trump Pledges Executive Order
TikTok has restored access for its 170 million American users after President-elect Donald Trump announced plans to issue an executive order delaying a ban on the platform. The app,...
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that has become an influential player in the US election. Fairshake will...
Hong Kong pledges more licenses for crypto exchanges by year-end
HONG Kong authorities expect to license more digital asset exchanges by the end of 2024 after completing a five-month inspection period that had raised doubts about the prospect of...
UBS pledges US$400 billion in Swiss loans after Credit Suisse
“We are putting money where our mouth is,” says country head Sabine Keller-BusseUBS Group will continue to provide about US$414 billion of credit to its home market as a...
South Korea to support vendors hit by Qoo10 payment delays, Singapore-based founder pledges compensation
South Korea will provide US$400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms, and the Singapore-based firm’s founder pledged to use...
South Korea to support vendors hit by Qoo10 payment delays, Singapore-based founder pledges compensation
South Korea will provide US$400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms, and the Singapore-based firm’s founder pledged to use...
Microsoft CEO pledges RM10.5 billion in cloud, AI investment in Malaysia
[KUALA LUMPUR] Tech giant Microsoft will invest RM10.5 billion (S$3 billion) in cloud and artificial intelligence (AI) infrastructure in Malaysia over the next four years in accelerating the country’s...
Genting pledges US$1 billion in taxes to win New York casino license
THE owner of the Resorts World casino in New York City said an expansion of its gambling offering there would lift its tax payments to the state to more...
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