Unfair market practices are at the center of a new crackdown on ride-hailing companies in China, with the country’s Ministry of Transport and other watchdogs...
TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...
China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...
China’s State Administration of Market Regulation (SAMR) said on Monday (Aug. 30) that it plans to beef up its supervision of the country’s peer-to-peer (P2P)...
If data represents the “new oil,” as they say – powering the engines of commerce and media in China – one wonders what happens when...
The Chinese government is cracking down on financial journalists and commentators who aren’t officially registered with the government, the Global Times, an English-language newspaper controlled...
Leading global payment services provider UnionPay International (UPI) announced in a press release on Friday (Aug. 27) that it is lending support to international students...
The main securities regulator in China is planning to bar some technology firms in the country from listing on public markets overseas, sources told The...
Today in payments around the world: Facebook’s launch of its Novi cryptocurrency wallet could include NFT capabilities, and European flights began to rebound. Plus, there’s...