• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 28th, the Guangzhou Municipal Government Information Office held a press conference this morning for the "Guangzhou Goods Go Global" Spring Campaign (the 6th press conference of 2026). At the conference, Wu Bingxiang, Deputy Director of the Guangzhou Municipal Bureau of Commerce, stated that the city will distribute 50 million yuan in government-issued catering vouchers in multiple rounds around the Spring Festival, and leverage financial institutions such as Guangdong UnionPay and platforms like Meituan and Douyin to launch more commercial coupons, providing local residents and tourists visiting Guangzhou for the Spring Festival with tangible food discounts. Wu Bingxiang added that this year, the city will continue to leverage both online and offline channels to build a nationwide distribution network for Guangzhou goods that is fully covered and seamlessly integrated: "This year, taking the 2026 National Online New Years Goods Festival Guangzhou Special as a starting point, we will mobilize e-commerce platforms such as Vipshop, JD.com, and Taotian to precisely connect with brand merchants to meet holiday demand. Through enriching the supply categories, increasing discounts, and innovating the consumer experience, we will continuously boost the online consumption atmosphere, allowing people across the country to purchase high-quality Guangzhou goods without leaving home."Kazakhstans Energy Minister: Due to the decline in oil production, Kazakhstan is likely to meet OPEC+ production quota requirements.JERA CEO: India has huge potential to import liquefied natural gas over the next decade.On January 28th, at a press conference held this morning during the Fifth Session of the 14th Guangdong Provincial Peoples Congress, Sun Zhiyang stated that the province will strengthen financial support. It has already established and is operating industry funds such as the Artificial Intelligence Industry Investment Fund and the Aerospace Industry Investment Fund, amplifying the effectiveness of industrial investment, venture capital, and angel investment funds to form an investment fund matrix covering the entire lifecycle, the entire industrial system, and multiple levels of linkage. Regarding digital and intelligent integration, the province will leverage the advantages of the wide coverage of 5G base station networks and 5G-A integrated sensing base stations to create a low-altitude intelligent network integrating communication, navigation, surveillance, and computing power. This will promote the interconnection of aerospace data with traditional manufacturing production data and urban governance data, striving to drive technological transformation and digital transformation in more than 1,000 industrial enterprises by 2026.On January 28th, at a press conference held this morning during the Fifth Session of the 14th Guangdong Provincial Peoples Congress, Sun Zhiyang introduced that in the field of low-altitude economy, Guangzhou will plan to build a comprehensive major scenario with a fully unmanned system, promote the iterative upgrading and normalized commercial operation of application scenarios such as air traffic, low-altitude logistics, cultural tourism experience, and emergency rescue; and focus on the implementation of the eVTOL business model to create clusters such as flight camps, set up vertical take-off and landing points in iconic areas such as Guangzhou Tower and Baiyun Mountain, and launch the "See Guangzhou from the Air" product, so that the low-altitude economy can serve the lives of citizens and the economic and social development.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.