The chief executive of JD.com's retail business, Xin Lijun, says regulation of China's tech sector is not loosening but becoming more "stable" and "rational," according to CNBC
Chinese courts have repeatedly issued “anti-suit injunctions” on behalf of groups like Huawei, Xiaomi, ZTE and Oppo to block non-China firms from enforcing IP rights in other jurisdictions
The legendary boomtown in southern China, which posted at least 20% annual economic growth over the past four decades, is a different place today.
Billionaire Jack Ma's fintech group aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, sources told Reuters
The Monetary Authority of Singapore gave approval on June 2 to an application for the bank to commence business, Ant and wholly-owned ANEXT said in a statement
Founded in 2013, Opn offers a digital payment system to merchants, enterprises, and financial institutions in Japan and Southeast Asia using blockchain
Republican-sponsored bill would ban US app stores from supporting apps that enable payment with China's digital yuan.
The fintech startup, which helps firms embed services such as remittance, loans and digital payments into their platforms or apps, will own 100% of Shopmatic, the report said
China's economic slowdown and its crackdown on tech companies have been blamed for new stock listings in Hong Kong plummeting to a nine-year low
China has been working on a service network that enables the deployment of blockchain technology for businesses, notably those operating cloud computing infrastructure, the report says
IMF raised dollar weighting to 43.38% from 41.73% and yuan's to 12.28% from 10.92%. The euro's weighting declined to 29.31% from 30.93%, the yen's fell to 7.59% from 8.33% and the British pound fell to 7.44% from 8.09%
Texas-based Fintiv claims PayPal infringed five of its digital payment patents and has also accused Apple Pay and Walmart. Read...