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China has a black market for cheats in hit game Apex Legends even though it has yet to be launched there

China is already home to a thriving black market for cheats and hacks in video games – and that is also true for new battle royale hit Apex Legends even though the game has yet to be launched in the country.Illegal software that gives players unfair advantages in Apex Legends is now up for sale on the Chinese internet, just as its developer is going after cheaters exploiting the game two weeks into its launch.A search of “Apex support” on Taobao Marketplace, China’s biggest online retail… Source link

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Property 

Qatar’s property market faces reality check ahead of World Cup amid oversupply, spat with Gulf neighbours

Qatar’s Doha Tower, a spiked cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide property boom, but today about half of its 46 floors are empty.The office tower, now a familiar part of the capital’s high-rise skyline, has run foul of what real estate brokers, bankers and analysts say is an oversupplied Qatar property market ahead of the 2022 World Cup that mirrors a real estate downturn in the wider Gulf region after a drop in oil prices.Qatar has the added… Source link

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Vietnam 

Frosty chilled meat market may be heating up – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI – Many enterprises have started moving into the chilled meat sector, as it is expected to become a new consumer trend in the future domestically, according to experts. Masan Group has built a meat processing complex in Hà Nam Province with total investment of more than VNĐ1 trillion (US$43,200,000), with capacity of 1.4 million pigs per year, equivalent to 140,000 tonnes of chilled meat. Vietnamese people’s meat consumption habits will change so if there are good and safe products with competitive prices,…

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Vietnam 

Market transparency key to stable real estate development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Experts have said improving the transparency of the real estate market is critical to prevent inflated prices and ensure stable development. In 2018, the property market saw ‘price fever’ in several localities, especially those with potential for tourism growth and those expected to be developed into special administrative economic units like Vân Đồn in Quảng Ninh Province and Phú Quốc in Kiên Giang Province, where buyers grabbed property with hopes for significant returns. When the National Assembly voted to delay the…

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China’s job market has worsened amid trade war, sharper slowdown ahead, Nomura report suggests

A recent surge in online searches for keywords such as “lay-offs” and “job seeking” suggests the job market in mainland China has deteriorated amid its ongoing trade war with the United States. According to a report released on Friday by Japanese investment bank Nomura, searches by Chinese internet users for the word lay-off have surged since October last year, reaching a record high in December. Similarly, searches for the words job seeking have risen since November and hit a record high in January. China takes steps to support jobs as…

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Big hedge funds dumped Alibaba, Facebook, Apple stock as market tumbled in fourth quarter

Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple and Facebook while global stock markets cratered during the fourth quarter, according to securities filings released on Thursday. Activist hedge fund Jana Partners sold its position in Chinese e-commerce giant Alibaba Group Holding and reduced its stake in Apple by about 175,000 shares, slicing its position in the company by 63 per cent. Warren Buffett’s Berkshire Hathaway shrank its Apple stake to 249.6 million shares from 252.5 million shares in the fourth…

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Vietnam 

How to pop your cherry in Việt Nam’s stock market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News Brian Spence* Congratulations! You’re ready to start investing. It might seem like a small step, but years from now you’ll look back and realise how meaningful this moment was to your financial future. This could be the defining decision that helped you achieve your financial dreams. However, dipping your toe into the waters of investing can seem a little daunting at first. Questions of which stocks to buy, how to manage risk and when to sell are likely to be at the front of…

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Global 

US-China trade war having ‘no effect’ on China steel, amid surging domestic market and tariff exemptions

The trade war between the United States and China is having “no effect” on the Chinese steel sector, which is being propped up by “surging domestic demand”, according to a new study. New research by US analysts shows that Chinese steel producers are enjoying more exemptions from US President Donald Trump’s tariffs on steel than those from US allies Canada, South Korea, Spain and the United Kingdom. This is despite the fact that when the tariffs were invoked under Section 232 of the Trade Expansion Act of 1962, ostensibly on…

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Hong Kong stocks open lower as market awaits Chinese economic data, US trade talks news

Hong Kong stocks opened lower, while Chinese equity benchmarks were mixed on Thursday morning. Investors were watching for developments coming out of Beijing today and tomorrow as they sized up positive remarks by US President Donald Trump about trade talks with China. The Hang Seng Index gave up some of the more than 300 points it gained on Wednesday, as it opened down 0.1 per cent, or 28.53 points, at 28,469.06. On Wednesday, President Trump told reporters at the White House that trade talks with China were “going along very…

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Vietnam 

Gold market heats up ahead of God of Wealth Day – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The domestic gold market is heating up with gold shops introducing various products to take advantage of huge demand on the God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 14). Legend has it that the God of Wealth returns to heaven on the 10th day of the new year, so Vietnamese have a tradition of buying gold for luck and prosperity throughout the year. Representatives from DOJI Gold & Gems Group joint stock company (DOJI) said…

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