The move will allow mainland Chinese and Hong Kong residents to open digital yuan wallets via a mobile app made by China's central bank and use them for payments in retail shops and some online stores

Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused

The biggest money-laundering case found in Singapore has led to officials tightening oversight, but small terms given to 2 men who found guilty last week stirred anger online

Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to American children

Investors led by PE firm PAG have bought a 60% stake in property giant Dalian Wanda's mall unit, which runs close to 500 malls across China

The e-commerce giant has abandoned plans to list its cross-border logistics unit and is offering minority shareholders of Cainiao a chance to sell their stock for $0.62 per share

A US Treasury warning of secondary sanctions has sparked concern among banks in China, Turkey and the UAE, delaying payments for Russian oil

Profits jumped by 10% in the first two months of 2024, data from the National Bureau of Statistics showed, suggesting that economic conditions are improving

Officials from two of China's most indebted provinces, plus the city of Tianjin, took part in high-level talks with state banks in Beijing recently to renegotiate billions in debts

The crypto’s rise has come after US regulators approved several spot bitcoin exchange-traded funds (ETFs) in January

Information Technology minister said the move on Friday, which follows a long dispute over the group's service fee charges, 'cannot be permitted'

The notorious ransomware group was the target of an international law enforcement bust last week but now says it is back online