Huang Yimeng, 40, who was ranked last year by Forbes to be worth $1.2 billion, said he was making preparations to move abroad for family reasons

Shares of Tencent Holdings, China's gaming giant, fell as much as 2.5% to HK$374.60 in the afternoon on Monday, after Prosus and Naspers said they would gradually sell shares in the firm

Companies will need to seek an anti-trust review about their planned mergers or acquisitions if one of the parties' global annual revenue tops 12 billion yuan ($1.79 billion)

Bank for International Settlements advised that interest rates should be raised "quickly and decisively" to prevent the surge in global inflation turning into a bigger crisis.

Efforts to revive the sector, which could account for up to 30% of GDP, with lower mortgage rates, easier credit, subsidies and relaxed regulations have not worked yet, a report says

China has agreed with the Bank of International Settlements to set up a liquidity arrangement for renminbi/yuan to support to other central banks at times of market fluctuation.

Britain, the United States, Japan and Canada announced a ban on imports of Russian gold, sales of which totalled $15bn last year, at the start of the G7 three-day summit on Sunday

About 240 casinos have been built in 120 Special Economic Zones in the Mekong subregion and some of these enclaves have become hubs of serious criminal activity, the UNODC says

A massive solar project in northern Australia, which aims to provide energy to Singapore and Indonesia via an undersea cable, has won approval for investment

The Covid-19 outlook in China has picked up with officials declaring victory over the coronavirus in Shanghai, while their counterparts in Beijing said on Saturday they will allow classes to resume.

NATO is expected to "harden its stance towards China over its position on Russia's war in Ukraine", a report by the South China Morning Post says

China's securities regulator has drawn up rules for private pension investment via mutual funds. Citizens can buy mutual funds, savings deposits and insurance products via individual accounts