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Indonesian nationalism takes a bite out of Apple

  Jakarta / AFP Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant’s efforts to compete in the booming emerging market against Samsung and other rivals. The iPhone 6S and 7 are yet to be released in Southeast Asia’s top economy as Apple struggles to fulfil requirements that phone makers must have ...

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Asian lenders spend millions to tap blockchain

  Beijing / AFP Asian lenders are spending millions of dollars developing applications using blockchain, a technology that promises to slash transaction costs, expedite cross-border payments and reduce the risk of fraud. Banks active in the region from Standard Chartered Plc to National Australia Bank Ltd. have in recent months started developing and testing systems utilizing the distributed-ledger technology in ...

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China’s coal capital goes for clean up act to go green

  Bloomberg Sitting in the middle of almost 270 billion tons of coal reserves, the city of Taiyuan in northern China is an unlikely place to look for a leader in the battle for a greener future. This after all was China’s pollution poster child, a grimy industrial city of 4.3-million people that owed its growth to the coalfields of ...

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