Beijing imposed a record $2.75 billion fine on the tech outfit in 2021 and has been ‘guiding’ the company’s efforts to fall into line
E-commerce giant sees $55 billion knocked off its market cap in record plunge after quarterly sales miss estimates amid concern over China's severe downturn and its 'global outlook'
US retail giant was the biggest shareholder of JD.com, but sold its entire stake, as e-commerce sector suffers brutal price war, to focus on its warehouse chain
Russia and China are looking at bilateral barter deals, as a way to avoid use of international banking systems, which can be monitored, trade sources say
Over 10 million Thais apply to join contentious 'digital wallet' scheme, causing the public registration system to overload on Thursday
Large mob of sellers rally outside Temu's headquarters in Guangzhou over the online retailer's penalty policy, which sellers have described as outrageously tough
US stock turbulence has thrown a spotlight on tech giants’ valuations amid a recent market pullback
The Bank of Thailand and Anti-Money Laundering Office will set up a task force to investigate transactions with Myanmar and help Thai banks to counter arms deals, the foreign ministry has said
A move by Beijing to regulate 'excessive incomes' has led to two funds telling high earners they must repay money they earned last year over a new 3-million-yuan salary cap
US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio
The CrowdStrike cybersecurity update crashed 8.5 million devices that rely on Microsoft Windows, halting flights and impacting payment systems
The retirement age for men is 60, five to six years below most developed economies, while for women it is 50 or 55. The move will ease a soaring pension budgets crisis