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Trump momentum drives stablecoin urgency in Asian financial hubsTrump’s support for dollar-pegged stablecoins is spurring Asian nations to fast-track crypto regulations. Countries like South Korea, Hong ...
Asian stocks fall as US rally takes a breather: Markets wrapAsian stocks declined following a halt in Wall Street's rally near record highs. Shares fell in Japan, Australia, and South Korea, while Ch...
‘Decade of emerging markets’ may be about to regain tractionEmerging-market assets are expected to perform well in the second half of 2023 unless global interest rates peak, Chinese authorities suppo...
'Decade of emerging markets' may be about to regain tractionDeveloping-nation assets stand to finally take off in the second half, they say, as long as global interest rates peak, Chinese authorities...
China's JD. com to spin off industrial, property units in $1 billion Hong Kong floatsIn a filing on Thurday, JD.com said it would continue to hold a stake of more than 50% in the units, JD Industrials and JD Property, upon c...
China's JD.com reports higher fourth-quarter adjusted profitRevenue rose 7.1% to 295.4 billion yuan in the three months ended December, missing analysts' estimates of 296.17 billion yuan, according t...
China's JD.com to shut ecommerce sites in Indonesia, ThailandJD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units ...
China's JD.com to shut e-commerce sites in Indonesia, ThailandJD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both unit...
China erasing H&M from internet amid Xinjiang backlashState media accused H&M and other brands of improperly profiting from China while criticizing it. That prompted Chinese retailers and inter...
SE Asia's biggest travel app Traveloka plans regional fintech expansion before 2021 listingTraveloka, which says it has 40 million active monthly users, is developing "buy now, pay later" services for Thailand and Vietnam markets.
Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
Asia's mega rich take a hit with $137 billion in losses in 2018India’s 23 richest people, saw $21 billion vanish. Lakshmi Mittal, led the way, losing $5.6 billion.
Mother of all sales: Alibaba goes international to hit new singles' day recordAlibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon.
Emerald Media leads $65 million Series B funding of Southeast Asian ecommerce companiesEmerald, which has a $300 million corpus from KKR to invest on fast-growing media, entertainment, consumer tech and B2B industries across A...
Indian goods spice up China’s Singles DayThe shopping carnival saw online markets doing business exceeding $30 billion as millions of consumers bought a wide range of goods, most o...