Newly-registered private funds totalled 95.9 billion yuan ($15.16 billion) in January, down 44% month-on-month, according to AMAC
A proposed policy to lower delivery fees that wiped $26 billion off Meituan's value was not intended to target the platform economy, an Economic Daily commentary said.
M-DAQ said it would inject fresh capital to accelerate Wallex's business, which is expected to process about $11 billion worth of transactions this year
Stefanie Holtze-Jen has been recruited from former Deutsche Bank unit DWS, where she coordinated a team to guide portfolio managers on strategy
The German group is pumping 35 billion euros into the shift to EVs and aims to become the world's largest electric carmaker by 2025
Nirmala Sitharaman, the country's finance minister, said the government had ruled out any extraordinary or special measures to cope
The country's first Post Office Coffee, which was officially opened in Xiamen, is directly operated by the state-owned mail and logistics giant
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.