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UnionPay’s “Mobile Phone As POS” Product Debuts Overseas, Benefitting Small And Micro Merchants In Hong Kong SAR And Malaysia First

SHANGHAI, Dec. 15, 2021 /PRNewswire/ — UnionPay International announced today the launch of its Mobile Phone as POS (MPP) product in overseas markets. Small businesses are able to turn smartphones into POS terminals at a low cost and with zero technical modification, and support multiple types of UnionPay payments such as card/phone tap and QR…

U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

© Reuters. The U.S. Capitol building is seen in Washington, U.S., December 6, 2021. REUTERS/Elizabeth Frantz/Files By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The U.S. Senate on Tuesday approved raising the federal government’s debt limit by $2.5 trillion, to about $31.4 trillion, and sent it to the House of Representatives to pass and avert…

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Wednesday the country’s consumer inflation may approach his 2% target as…

Elon Musk Named Time Person Of The Year

Elon Musk Named Time Person Of The Year

Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk, CEO of Tesla and SpaceX and the richest person in history, was named Time magazine’s Person of the Year for 2021 on Monday, capping a year of accomplishments and controversies for the billionaire. Elon Musk speaks at the Satellite Conference and Exhibition in Washington, D.C. on…

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Moderna COVID-19 Vaccine Manufactured In Korea By Samsung Biologics Receives Marketing Authorization From Ministry Of Food And Drug Safety Of Korea

CAMBRIDGE, Mass. and INCHEON, South Korea, Dec. 14, 2021 /PRNewswire/ — Moderna (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, announced today that the Ministry of Food and Drug Safety of Korea (MFDS) has issued a marketing authorization for Spikevax®, Moderna’s COVID-19 vaccine (mRNA-1273) manufactured by Samsung Biologics, a leading global…

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AWS Launches Region In Indonesia

Amazon Web Services, Inc., an Amazon.com, Inc. company (AMZN) – Get Amazon.com, Inc. Report, today announced the launch of the AWS Asia Pacific (Jakarta) Region. Starting today, developers, startups, entrepreneurs, and enterprises as well as government, education, and nonprofit organizations can run their applications and serve end users from data centers located in Indonesia leveraging…

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS By Huw Jones LONDON (Reuters) -Bank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be “especially cautious” about holding volatile cryptoassets until regulators put new rules…