Beijing threatened ‘other measures’ will be used if the tech giants don’t share links to their rival’s sites after they were summoned by industry officials along with ByteDance, Baidu, Huawei and Xiaomi
Blackstone's offer in June had valued the property group – which holds prime real estate in cities like Beijing – at HK$26 billion but worries over ‘time frames’ have scuppered the deal
The tech giant will no longer be allowed to force developers to use its tightly-controlled sales tool – however the judge dismissed a claim it was an ‘illegal monopoly’
The budget JioPhone Next had been due to hit the shops this week but the worldwide semiconductor shortage has pushed back its release to November
Tech giants Tencent, NetEase, Alibaba and JD.com regained some of their losses following China’s latest crackdown while analysts hailed the feel-good factor after the world’s economic super powers started talking again
Global installations of new offshore projects dipped in 2020 but still reached their second highest rate despite the coronavirus pandemic
The firm, known for its Shopee e-commerce platform, is already one of the region’s biggest companies by market value. It plans to use the proceeds for strategic investments and acquisitions.
New Delhi has come up with a new package of grants and cashback offers for its car-making industry in a bid to cut its high levels of pollution and meet emissions targets
The US firm’s acquisition heats up the buy now, pay later race in a country where more than two-thirds of all transactions are still paid for in cash
Fears about the impact of new coronavirus outbreaks on the economic recovery becalmed most trading floors around the region while the prospect of political change in Japan spurred more gains
The South Korean auto giant – which also includes Kia under its wing – says it will offer hydrogen fuel-cell versions of all its trucks, vans and buses by 2028
Fresh downgrades have been issued for the Chinese property giant, which has been scrambling to raise funds to pay lenders and suppliers, sparking concerns of a debt crisis that could send shockwaves through the country’s banking system