"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
Nikkei, Hang Seng and China’s mainland indexes all advanced but traders were cautious ahead of the release of key US and global economic data this week
The Nikkei and the Topix in Japan finished lower on Monday, while stocks in China rose marginally, but fell in other areas. The dollar extended gains before US CPI and retail data
While commentators have advocated big measures, such as 1 trillion yuan for consumption vouchers to bolster public spending, key insiders say consumer subsidies are likely to be modest
Chief executive Elon Musk said the EV-maker's 2023 deliveries could hit 2 million vehicles, so long as there were no external disruptions
Economists wary about figures for January, saying strong holiday consumption has flattered the PMI report and that export orders have got worse
Chinese e-commerce giant JD.com will discontinue all services in Thailand and Indonesia in March. The Thai platform is reported to have suffered rising losses
Visitors from the mainland have swarmed into the former Portuguese enclave over the Lunar New Year break, after China dropped its Covid travel curbs
For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume
Japan’s strengthening currency weighed on exporters – and investors – while worries over a worldwide slowdown intensified
Country saw 2.9% growth in fourth quarter, but the overall economy remains weak and is not expected to pick up till the second quarter
Traders were betting on China bouncing back from its Covid nightmare this year but a soaring yen is ramping up the pressure in Japan