government regulation News

Fitch Downgrades Alibaba and Tencent: A Reflection of China's Economic Challenges

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings following China's sovereign downgrade, reflecting the close ties between these companies and China's regulatory en...

Fitch Downgrades Alibaba and Tencent Ratings Following China's Sovereign Credit Cut to 'A'

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings to 'A' following China's sovereign rating cut. Tencent Music also affected, dropping to 'A-'. The move reflects th...

US Treasury Secretary Urges America to Spearhead Global Cryptocurrency Leadership

US Treasury Secretary Scott Bessent advocates for the United States to lead in global cryptocurrency matters, emphasizing the need for domestic Bitcoin adoption and government regu...

Government's Cautious Stance on AI Regulation Sparks Innovation Debate in India

The Indian government's decision to avoid immediate regulation in the AI sector aims to encourage innovation. With 67 proposals under the IndiaAI Mission, including large multimoda...