Crypto trading has remained popular in China despite being banned on the mainland three years ago; endorsement of crypto in Hong Kong has allowed easy access to bitcoin and other tokens

The People’s Bank of China has confirmed the payment app no longer has a controller after Ma gave up most of his voting rights

Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts

China tech giant will return to online shopping in Indonesia after paying $1.5bn for most of GoTo's e-commerce unit and 75% of Tokopedia

Chinese indexes saw double digit falls in the number of IPOs, compared to last year, amid geopolitical tensions with the West and increasing scrutiny from Beijing regulators

Buffett's exit comes after a string of selldowns for Paytm, including stake cuts by Japanese conglomerate SoftBank Group and the exit of China's Alibaba Group

The foray by Ant into financial AI is notable as the company founded by billionaire Jack Ma is China's biggest fintech firm

Alphabet-owned Google says it will partner with international and domestic manufacturers to produce the handset locally

CSRC seeks to bolster the yuan by imposing a ban on local brokerages and their units overseas from opening accounts for new clients wanting to trade offshore

The new governor of the People's Bank of China has been described by some as a hawkish and capable technocrat experienced in crisis management

Central banks around the world have been working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector, the BIS said this week

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day