Combined profits for listed Chinese brokerages dropped 34% in 2022 and the lacklustre recovery this year has already spurred some companies to cut jobs
Indians have been asked to deposit or exchange their 2000-rupee notes by Sept 30, 2023; the move comes ahead of state and general elections in the country when cash usage spikes
India last year implemented a broader framework to facilitate overseas trade in rupees through vostro accounts
Chinese e-commerce giant's shares fell by 5% in Hong Kong, before recovering some losses, after news SoftBank will greatly reduce its key stake in Alibaba
The prosecutor said HSBC disbursed $111.7 million in March 2020 to Hin Leong as payment for two 'fabricated' oil sales contracts the trading firm purported to have made
The South Korean anti-monopoly regulator has fined Google close to $32 million for blocking the release of mobile video games on a competitor's platform
Russia's central bank has been calling for companies and citizens to move assets into rouble or 'friendly' currencies to avoid the risk of them being blocked or frozen amid sanctions over war in Ukraine
China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies
The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six independent units; the news comes after founder Jack Ma returned home
Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang said this week
Many Russian banks have been blocked from the SWIFT network due to Western sanctions over Moscow's invasion of Ukraine
Last July, the RBI introduced a new mechanism to settle international trade in rupees, aiming to promote exports and facilitate imports