Video emerges of Do Kwon’s ‘UST’ chant prior to Terra collapse
As Terra founder Do Kwon deals with the fallout from the collapse of his stablecoin UST, a video recorded several months ago has come back to haunt him.
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Desperate sale sparks fears of Evergrande-style crisis
China's fourth largest property developer is looking to sell one of its key assets amid fears it'll miss a major debt repayment and spark market panic of a similar scale to that seen during the Evergrande crash.
Australia warns of “assertive China” in Federal Budget
The Australian Government has warned of growing national security threats as it justified increased defence spending in its newly released Federal Budget papers.
Evergrande Crisis: Another developer in strife as auditor quits
Alarm bells are ringing for observers of the Evergrande crisis, with an announcement the auditor of another major Chinese property developer has resigned.
Metaverse has Chinese companies scrambling
Hype around the future of the ‘metaverse’ has Chinese companies frantically trying to position themselves as key players in the virtual world.
Asian renewables boom could be an investment power play
A shift from coal-fired power to clean energy will be a focus for utility providers in Asia in 2022, according to S&P Global ratings.
Do Kwon targets significant growth for UST stablecoin in 2022
Do Kwon believes supply of his team's US dollar-pegged stablecoin ($UST) can increase significantly over the next 12 months.
China’s Alibaba under investigation by US
Chinese e-commerce giant Alibaba is reportedly being investigated by the Biden administration to determine whether it poses a risk to US national security.