Bloomberg Japan’s restrictions on Chinese technology could damage bilateral ties, a Chinese Commerce Ministry spokesman said in a warning that comes as the US has been pushing its allies to bar Huawei equipment from telecommunications networks as a security threat. Japan is preparing to announce the allocation of bandwidth for 5G communications next month and the tension over telecommunications with ...

Bloomberg Grab, Southeast Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will occupy all of the building, which has ...

Bloomberg South Korea’s Bithumb said it detected abnormal withdrawals of the company’s coins from its cryptocurrency exchange. The incident was found through the company’s abnormal-trading monitoring system in Seoul, it said. The exchange then halted cryptocurrency deposits and withdrawals and moved investor assets to a so-called cold wallet, which is disconnected from the internet and less vulnerable to theft, and ...