The New York branch of Bank of China will allow Chinese firms to get payment in yuan from eCommerce sales derived from their U.S. platforms, reported...
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar...
In the midst of an economically uncertain time in China stemming from the trade war with the U.S., Xiaomi said it will invest at least...
Companies at work on blockchain development might receive a tax benefit from the government of South Korea in the future, TheNextWeb reported. The Ministry of...
SenseTime, the most valuable artificial intelligence (AI) startup in the world, is getting ready for a financing round that could amount to $2 billion, according...
Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...
China payment card issuer UnionPay is stepping into the market with prepaid cards for corporates and consumers, the company announced this week. Banking Tech reported on Wednesday...
South Korea is taking an early lead in deployment of 5G, with three of the country’s telecoms recently deploying the service. That could give the...
In what could be evidence that Apple is bracing for even worse demand for its iPhones, the Cupertino, California company has reportedly slashed production for...