Zhang Yiming leaves CEO post, to transition to new role by year-end focusing on ‘long-term strategy’

Meanwhile, bitcoin sheds whopping 30% at one point after China signals new crackdown on cryptocurrency

Ringgit, too, extends losses, opening at 4.1410/1460 against US dollar

This due to, among others, rising inflation and China’s cryptocurrency crackdown

Beijing’s reminder on crypto ban sends unit diving more than 10%

This due to rising energy, clothing costs, says Office for National Statistics chief economist

Sector specialist says more than half of cases relating to foreign bribery involves public procurement

Statistical service says China still bloc’s top trade partner, followed US

Bitcoin takes another beating after Chinese central bank says cryptocurrencies can’t be used for payments

O&G company says Kulintang-1 well encountered gas in Oligocene to Middle Miocene sandstone reservoirs

Benchmark Nikkei 225 slips 1.39%, or 393.49 points, to 28,013.35 in early trade

FBM KLCI eases 2.98 points to 1,588.34 from yesterday’s close of 1,591.32
