A Beijing court said on Friday the wealth manager had applied for bankruptcy on the grounds it could not pay its due debts and its assets were insufficient to pay all its debts
Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December
A probe into HyperVerse's supposed CEO suggests his identity is fake as none of his qualifications could be confirmed, a new report says
Investor mood remained downbeat at the end of the year’s first week of trading with China’s stuttering recovery and fading hopes of a rates turnaround weighing
Financial officials in Beijing have been urging money managers to prioritise the launch of equity funds in a bid to support the country's flat equity markets
The total toll on lives and industry along the Noto Peninsula from the 7.6 magnitude quake — the strongest to strike Japan in 13 years — is far from known
Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.