From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
Xi Jinping to bring large CEO delegation on US visit, sources sayPresident Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to ...
ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
China stocks head for weekly loss as AI rally loses steamChinese stocks posted gains on Friday, though the week ended with a decline. A notable shift in investor focus moved away from AI shares to...
Chinese AI firm Moonshot files confidentially for Hong Kong IPOMoonshot's latest version, Kimi K3 released in July, has met with positive reviews and robust demand, and sources have said the startup is ...
India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...
Global Market: China stocks rebound as investors await US jobs data, domestic economic indicatorsMainland Chinese stocks rebounded after two sessions of losses, with property shares leading gains. Investors remained focused on upcoming ...
China-US spat at G20 largely came down to dispute over one wordA G20 finance meeting saw US and Chinese officials disagree over trade language. The core dispute centered on the phrase "non-market" polic...
US journalist Thomas Weir Pauken II sentenced to 2 years in federal prison for acting as illegal agent for ChinaAn American journalist received a two-year prison sentence for acting as a foreign agent. Thomas Weir Pauken II pleaded guilty to supportin...
Spotlight on startups: India and EU seek deeper tech tiesIndia and the European Union explored deeper cooperation in critical minerals and processing. Discussions also covered fintech and artifici...
Not just Nvidia: These power and cooling firms are riding the trillion-dollar data centre boomGlobal data centre construction is accelerating to meet AI demand, and power and cooling equipment suppliers are seeing significant order i...
Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boomMcKinsey forecasts nearly $7 trillion in data-centre investment globally by 2030; Nvidia last week said it expects AI spending to remain ro...
RBI approves Carol Furtado as interim CEO at Ujjivan Small Finance Bank after Sanjeev Nautiyal's exitUjjivan Small Finance Bank appointed Carol Furtado as interim chief executive officer. This appointment follows the sudden resignation of M...
US may announce new Iran bank sanctions this week, next week: Scott BessentUS Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
Global Market: China, Hong Kong stocks slip as weak economic data and property overhaul weighChinese and Hong Kong stocks declined as weak economic data highlighted a fragile recovery, while new measures to reform China’s housing pr...
Vietnam's export triumph: How a small nation beat China and India to become America's top trade partnerVietnam now leads all nations in its trade surplus with the United States. This significant shift occurred during the first half of the yea...