Naspers pours $5M into Coins, a fintech startup for Southeast Asia's unbanked population – TechCrunch

Naspers pours $5M into Coins, a fintech startup for Southeast Asia's unbanked population – TechCrunch

Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup Coins.ph to the tune of $5 million. Coins is focused on offering financial services for the unbanked in the Philippines and Thailand. It uses the blockchain as its underlying technology to facilitate transfers and remittances. It announced the […]

Moody’s downgrades China’s credit rating

Image copyright Getty Images China has received a downgrade on its credit score, on worries about the future state of the economy. Moody’s Investors Services brought down China’s long-term local currency and foreign currency issuer ratings by one notch to A1 from Aa3. But China’s finance ministry said Moody’s was exaggerating the mainland’s economic difficulties […]

Sydney siege: Police should have stormed cafe sooner, coroner rules

Image copyright Reuters Image caption A hostage escapes from the cafe in Martin Place, in central Sydney Police should have ended the Sydney cafe siege as soon as the hostage-taker began shooting, an inquest has found. In December 2014, gunman Man Haron Monis held 18 people hostage inside the Lindt cafe until police stormed the […]

No place to hide for LGBT people in Indonesia’s Aceh province

Image caption The canings usually draw crowds of spectators Two gay men were publicly caned in the conservative Indonesian province of Aceh on Tuesday, the first to be punished under Islamic laws introduced two years ago that outlawed gay sex. As the BBC’s Rebecca Henschke reports, the case has deeply worried Aceh’s gay community. Salman […]

Twitter suspends India singer’s account over sexist abuse

Image copyright AFP Image caption Mr Bhattacharya told reporters he “did not give a damn” about the suspension Popular Indian Bollywood singer Abhijeet Bhattacharya’s Twitter account has been suspended after he tweeted about a female student leader. In the tweet he insinuated that Shehla Rashid, a student leader at Delhi’s leading Jawaharlal Nehru University (JNU), […]

Mindanao martial law could last a year, warns Philippine president

Image copyright EPA Image caption Security forces have been patrolling streets on Mindanao after the declaration of martial law Philippine President Rodrigo Duterte has said martial law on Mindanao island could last a year, while the army fights against Islamist militants. The violence on the southern island has left three members of the security forces […]

Southeast Asia's biggest start-up reportedly files for $1 billion IPO – CNBC

Southeast Asia's biggest start-up reportedly files for $1 billion IPO – CNBC

Nicky Loh | Bloomberg | Getty Images Singapore-based Sea, formerly known as Garena, is Southeast Asia’s biggest start-up. Southeast Asia start-up Sea has filed for a potential U.S. initial public offering that could raise about $1 billion, Bloomberg reported on Tuesday, citing people familiar with the matter. The company, which was earlier known as Garena, […]

Asia's Flagship Same-Sex Marriage Law Reaches A Day Of Decision – Forbes

Asia's Flagship Same-Sex Marriage Law Reaches A Day Of Decision – Forbes

Forbes Asia’s Flagship Same-Sex Marriage Law Reaches A Day Of DecisionForbesLawmakers in Taiwan had nearly approved Asia’s first law that would let same-sex couples marry as easily as anyone else. But as word of the legislation got around earlier this year, opponents came out en masse. It just so happened that Taiwan’s …Taiwan Activists Hope […]

Manchester, Donald Trump, Roger Moore: Your Morning Briefing – New York Times

Manchester, Donald Trump, Roger Moore: Your Morning Briefing – New York Times

That shift could boost Mr. Trump’s agenda at home, where he has called for tough restrictions on refugees and immigrants. And it could help make his case to world leaders for a more aggressive pursuit of terrorists in their communities. Continue reading the main story “Our society can have no tolerance for this continuation of […]

Philippines President Duterte declares martial law on Mindanao island

Image copyright EPA Image caption Soldiers are seen in Davao after the declaration of martial law in Mindanao Philippine President Rodrigo Duterte has declared martial law on the southern island of Mindanao, where the army and insurgents have been fighting. The violence has left three members of the security forces dead and 12 others wounded, […]

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