The transaction includes the sale of the consumer banking businesses, which comprises credit cards, wealth management, retail customer accounts and loans
Cut off from the semiconductors it needs by US sanctions, the Chinese telecom giant Huawei has sought salvation in software, but the results aren't great, a new report says
Arm's inability to audit the financials of the unit, which contributed about one-fifth of revenue last year, is a big sticking point for a blockbuster public offering.
The group said unidentified hackers stole 173,600 ether tokens and 25.5 million USD Coin tokens on March 23, but most tokens remain in the hackers' digital wallet
Chinese authorities are drafting new regulations to cap internet users’ digital tipping, people familiar with the situation said
Lenders are facing a "severe business environment", China Construction Bank said, while Bank of Communications warned it was unlikely to deliver "satisfactory earnings"
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade