There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions

Companies in India use the UAE dirham, the HK dollar, yuan or euro when buying Russian coal, in a bid to avoid the dollar and US sanctions, according to customs data and industry sources

The e-commerce giant has been trimming staff to boost efficiency but it plans to hire nearly 6,000 university graduates this year, its CEO said.

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.

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