Australia markets closed
  • Business

    Pesa unlocks new markets to keep remittances flowing to emerging economies

    Founders of Pesa, a remittance fintech, know too well how costly, inaccessible and unreliable remittance services drive people to opt for risky informal channels —  like WhatsApp groups  — to transfer money. The World Bank estimates a further rise in 2024 and 2025 against increasing demand for fast, affordable and reliable cross-border remittance services. Digital remittance tools, the World Bank notes, will continue to accelerate remittance activities by lessening transaction costs and increasing the access to formal money transfer channels.

  • Politics

    China Social Media Embraces Trump After Harris Steps Into Race

    (Bloomberg) -- US Vice President Kamala Harris became a trending topic on Chinese social media, with users betting her bid for the Democratic presidential ticket would return Donald Trump to the White House.Most Read from BloombergBiden Exits Race, Endorses Harris as She Shores Up SupportBiden Exit Puts Trump Trade in Doubt as Election Gets Re-SetBiden Is Out: What’s Next for Democrats, ExplainedTrump’s Remarks Spark Rebuke From Mexico’s President-ElectJoe Biden Bows to Democrats Who Wanted Him

  • Technology

    The Asus ROG Ally X turns PC gaming into a portable console

    A little more than a year after launching the ROG Ally, Asus is releasing a refined version of its portable device, the ROG Ally X. This Windows-based machine starts shipping on July 22 for $800. Released in 2022, Valve's Steam Deck helped mainstream handheld PC gaming. Lenovo released the Legion Go and Asus had its own take on handheld PC gaming with the ROG Ally.