Vishal Garg cited the market, performance and productivity as reasons behind the decision to lay off employees
Gambling regulator orders junket operators in the former Portuguese colony to stop offering credit to customers
São Paulo-based company does not rule out acquisitions in China but senior executive prefers building the company's own factory there
Changes planned as e-commerce group faces headwinds from increased competition, a slowing economy and a regulatory crackdown
China's Didi Global has seen a 7.9% fall in its shares since the end of September and that will have hurt the institutional investors holding 27% of the company
Apparent defaults by China Evergrande and Kaisa Group, whose stock was suspended, cast a cloud over trading floors, but there was positive news over likely impacts of the Omicron Covid variant
Beijing targets new companies in sensitive sectors that use variable interest entities to attract international capital and list overseas
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.