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Tencent, Cnooc to join Hang Seng China Index in revamp

Bloomberg Tencent Holdings Ltd. and Cnooc Ltd. are among 11 companies that will join the Hang Seng China Enterprises Index, while China Railway Construction Corp. will be removed, Hang Seng Indexes Co. said in its quarterly review. The changes will take effect on March 5 and increase the number of constituents on the gauge to 50, the index compiler said ...

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North Korea suspected of hatching Coincheck heist

Bloomberg South Korea’s spy agency has begun investigating the possibility that North Korean hackers orchestrated the theft of about $500 million worth of digital coins from Japanese cryptocurrency exchange Coincheck Inc., said a lawmaker who attended a meeting with the head of the intelligence service. The National Intelligence Service is investigating last month’s incident— one of the largest cryptocurrency heists ...

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Gold steadies near 6-month high

Bloomberg As the equities selloff spread from Asia to Europe, gold proved its status as a safe haven. The metal added 0.3 percent to $1,343.19 an ounce, extending yesterday’s 0.5 percent advance. FTSE/JSE Africa Gold Mining Index gained 1.7 percent, while silver and platinum also rose. But across other risk markets, screens flashed red as everything from bitcoin to Japanese ...

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