Virtual Idols in China, Fab or Fad?

LONDON — What to do when a brand doesn’t have enough budget to lock down a popular star or top-tier influencer, or it wants to tap into China’s sizable two-dimensional anime, comic and game-loving community? Virtual idols — influencers who…

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Rising bond yields, dollar slug Asian shares, yen

NEW YORK (Reuters) – Asian stocks skidded on Friday as rising U.S. Treasury yields again rattled equity investors while hoisting the dollar to a three-month high, which in turn dragged the Japanese yen to an eight-month trough.FILE PHOTO: A woman…

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GIC-backed Bank Jago races to upend mobile banking in Indonesia

JAKARTA (BLOOMBERG) – Bank Jago will begin offering some banking services via mobile app this month before extending full-fledged products including loans, securing early-mover advantage in Indonesia’s booming digital banking industry. The lender, which received fresh capital from ride-hailing and…

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