Chinese state media publication Economic Daily called online gaming a “spiritual opium,” which prompted Tencent to introduce new rules for young players, starting with its...
Some 208 small- to medium-sized businesses (SMBs) in China’s Yunnan province have conducted 638 international transactions using a blockchain platform developed by the government, CoinDesk...
The U.S. Security and Exchange Commission (SEC) is implementing new rules that require Chinese firms seeking New York listings to provide supplementary risk disclosure documents....
Following an online conference with investment bankers, China’s securities regulator decided that initial public offerings (IPOs) in the U.S. can carry on, providing that Chinese...
The China Securities Regulatory Commission, China’s security regulator, attempted Wednesday (July 28) night to smooth over investment bank executives’ market fears about Beijing’s crackdown on...
For the time being, Tencent is no longer taking on new WeChat users while it undergoes technical upgrades that will adhere to new security mandates...
Uber’s stake in Didi shrank by $2 billion this week amid China’s crackdown on U.S. listings. In less than one month, the ride-hail giant’s one-time...
Ride-hailing giant Didi could face hefty fines from Chinese regulators as well as possible delisting from the New York Stock Exchange (NYSE), CNBC reported on...
In today’s top news, banks forecast spending more to fight off FinTechs and Mastercard launched PayPort+, a real-time payments gateway. Plus, the U.S. Consumer Financial...