Chinese regulators have asked financial institutions to extend more support to property developers to shore up the country’s struggling real estate sector, two sources with direct knowledge of the matter said on Sunday. A notice to the institutions from the People’s Bank of China (PBOC) and the China Banking and Insurance Regulatory Commission (CBIRC) outlined 16 steps to support the industry, including loan repayment extensions, in a major push to… Continue reading Chinese regulators urge more financing support for embattled property firms
Category: Tech News
Category Added in a WPeMatico Campaign
Binance halts FTX’s FTT deposits, urges rivals to follow
Cryptocurrency exchange Binance has stopped accepting deposits of FTX’s FTT token on its platform, its chief executive Changpeng Zhao said on Sunday, urging other rival exchanges to do the same. FTX, which filed for bankruptcy on Friday, was engulfed in more chaos on Saturday when the crypto exchange said it had detected unauthorized access and analysts said hundreds of millions of… Continue reading Binance halts FTX’s FTT deposits, urges rivals to follow
Indonesia’s INA, China’s SRF pick 40% in Kimia Farma Apotek for $120m
Indonesia’s sovereign wealth fund (SWF) INA and China’s Silk Road Fund (SRF) are picking up a 40% stake in Indonesian state-owned pharmaceutical company PT Kimia Farma’s subsidiary, Kimia Farma Apotek, for 1.86 trillion rupiah ($120 million), according to a statement on Sunday. Kimia Farma Apotek will use the money for business expansion and working capital,… Continue reading Indonesia’s INA, China’s SRF pick 40% in Kimia Farma Apotek for $120m
Cleantechnica: Big News! Tesla Proposes North American Charging Standard 002371
Rejoice, EV owners in North America, Tesla is suggesting its charging equipment should be the standard for North America. One of the most frequently heard complaints from people considering the purchase of an electric car is that there is no common charging standard. They don’t want to be driving around with a welter of charging… Continue reading Cleantechnica: Big News! Tesla Proposes North American Charging Standard 002371
Clean Tecnica: Tesla Model Y Dominated European Car Sales in September 002370
Tesla Model Y electric SUV dominated car sales in Europe in the month of September. This top spot earned by Model Y was in both the EV and internal combustion engine (ICE) vehicle segments combined. Automotive market intelligence company JATO posted the results of the September 2022 car sales data. The data show that the Tesla… Continue reading Clean Tecnica: Tesla Model Y Dominated European Car Sales in September 002370
Apple’s new 10.9-inch iPad is $50 off right now
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. Little more than two after hitting store shelves,… Continue reading Apple’s new 10.9-inch iPad is $50 off right now
Google is working on a fix for slow Nest WiFi Pro routers
Google will begin rolling out a software update early next week to address an issue with its recently released Nest WiFi Pro mesh router system. In a statement the company shared with The Verge, it said it was “investigating reports of a small number of users experiencing reduced internet speeds” when using the device, adding… Continue reading Google is working on a fix for slow Nest WiFi Pro routers
FBI reportedly considered using Pegasus spyware in criminal investigations
As recently as early last year, the Federal Bureau of Investigation was considering using NSO Group’s infamous Pegasus spyware in criminal investigations, reports The New York Times. Between late 2020 and early 2021, agency officials were in the “advanced” stages of developing plans to brief FBI leadership on the software, according to internal bureau documents… Continue reading FBI reportedly considered using Pegasus spyware in criminal investigations
How Rad Power Bikes stacks up for a Boomer and a Millennial
Rad Power Bikes, the U.S.-based e-bike manufacturer, has made its mark as a direct-to-consumer business selling fat tire bikes that helped shape the COVID e-bike boom. In 2021, the company raised two massive rounds – $150 million in February 2021 and another $154 million just eight months later – that brought its total funding above… Continue reading How Rad Power Bikes stacks up for a Boomer and a Millennial
Tesla confirms its Supercharger is way more powerful than previously thought
With the opening of its proprietary charge connector, Tesla has confirmed its Supercharger is way more powerful than we previously thought. It points to up to 900 kW of potential total output. Yesterday, Tesla surprised many by announcing that it is opening its EV charge connector in the hope of making it the new standard… Continue reading Tesla confirms its Supercharger is way more powerful than previously thought