The debut follows the official launch of Scotch & Soda’s first digital store on Tmall in China last autumn
The company said it would compete with large banks and non-bank lenders by offering unsecured trade finance with lines of up to $5 million
Zhou Jiangyong "supported disorderly expansion of capital" and "illegally accepted huge amounts of property," according to anti-graft watchdog
China's 2021 fiscal revenues rose 10.7% to 20.25 trillion yuan ($3.2tn). Vice Finance Minister Xu Hongcai said greater tax and fee cuts would be unveiled in 2022 to relieve pressure on economy
The pressure keeps piling on the Indian payments giant which after its IPO debacle must now deal with gloomy predictions about its future revenues
CCTV documentary alleged private companies made “unreasonably high payments” to the brother of former CCP head in Hangzhou in return for policy incentives and support in buying real estate
Earlier, rival photo and short-video platform Instagram announced it was offering paid subscriptions to a small group of influencers
The Fed stressed it is not signalling any 'decisions about the appropriateness of issuing a US CBDC' while the Bank of Russia sought a crackdown on transactions and mining
The deal will allow Shopify merchants in the US to sell their products on the Chinese company's cross-border marketplace JD Worldwide
Funding comes just weeks after Monzo fetched a valuation of $4.5 billion
The consumer finance unit of China's Ant Group will introduce four new strategic investors and boost the company's capital to $4.7 billion, an exchange filing released on Friday said
The steepest decline came this year amid crackdowns on Big Tech platforms and internet content