Chinese e-commerce giant's shares fell by 5% in Hong Kong, before recovering some losses, after news SoftBank will greatly reduce its key stake in Alibaba

The prosecutor said HSBC disbursed $111.7 million in March 2020 to Hin Leong as payment for two 'fabricated' oil sales contracts the trading firm purported to have made

The South Korean anti-monopoly regulator has fined Google close to $32 million for blocking the release of mobile video games on a competitor's platform

Russia's central bank has been calling for companies and citizens to move assets into rouble or 'friendly' currencies to avoid the risk of them being blocked or frozen amid sanctions over war in Ukraine

China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies

The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six independent units; the news comes after founder Jack Ma returned home

Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang said this week

Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine

Last July, the RBI introduced a new mechanism to settle international trade in rupees, aiming to promote exports and facilitate imports

Binance has earlier faced challenges in Singapore, where several crypto exchanges have received central bank approval to offer payment services

"This will enable people from both the countries to immediately and at low-cost transfer funds (by) just using their mobile phones," Indian Prime Minister Narendra Modi said

Amazon is talks with Times Internet on the possibility of buying MX Player, one of India's largest on-demand video streaming services, new report says