With billionaire Ma giving up control of Ant, any potential revival of its IPO may be pushed back by a year or more, the WSJ reported.
Seven executives of Ant have left the Alibaba Partnership, the body that elects the e-commerce giant's board, following a demand by regulators that the two tech giants be 'decoupled'
The news from the banking regulator follows an announcement announcing a second round of repayment to depositors whose funds were frozen
Financial regulators in Henan province said on Thursday that individuals with deposits of up to 100,000 yuan ($14,800) will be repaid
The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed over its invasion of Ukraine
Chinese banks have issued a total of 800 million credit cards as of the end of 2021, with outstanding loans totalling 8.62 trillion yuan ($1.29 trillion), according to the central bank
Setu, which enables users to securely share their financial data with banks and other financial institutions, is Pine Labs' third acquisition this year
China tech firms listed in Hong Kong rose as much as 2% on state support for the fintech industry before shedding gains
The country's lack of advanced technology was underscored by how many employers struggled to make the shift to remote work when the pandemic began, the IMF report said
The Open Network for Digital Commerce, launched in April, will allow customers place orders for goods and services and wants banks, venture capitalists and telecos to sign up
Officials in Shenzhen in China's southern Guangdong province are giving out millions in cash via the digital yuan to stimulate its pandemic-hit economy and use of the digital currency
Founded in 2013, Opn offers a digital payment system to merchants, enterprises, and financial institutions in Japan and Southeast Asia using blockchain