Capital flowing into venture capital-backed financial technology (fintech) companies has driven investments in the sector in Asia to a new high in the first quarter of 2016. China, the dominant country in the region, attracted US$2.4 billion investment into venture-backed fintech companies from January to March through nine deals, compared to just US$300 million with […]

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China and Pakistan have turned shared hostility to India into one of the closest and most-enduring relationships in international diplomacy. But the partnership is far from an equal one, with Pakistan fast becoming China's newest client state.

Samsung's payment service Samsung Pay and Alibaba's payment service Alipay announced an interoperability deal that allows users to complete payments …

In some ways, the pre-Sykes-Picot Middle East is coming back – but without the order imposed by the Ottoman Empire. And if no basis for a new regional order emerges, the Middle East stands to suffer far worse in the next century than it did in the last.

Chinese local police arrested 13 people at the small P2P (Peer-to-Peer) lender esudai.com in the city of Huizhou yesterday. Founded in 2010, esudai.com recorded total transaction value of over RMB7 billion (US$1.07 billion) with 330,000 investors lending out their personal savings via the online portal. The founders and managers at the company allegedly kept some […]

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Bloc to ‘step up trade defence measures’ as Beijing battles for market economy status

Beijing tells group from which it is excluded to focus on economic matters

Alibaba Group Holdings Ltd. plans to team up with affiliate Ant Financial to invest an additional US$400 million in China's largest ride share company Didi Chuxing, according to Tencent Technology. It's not clear if the investment is part of a US$2.5 billion funding round Didi Chuxing is near closing now, or additional funding separate from […]

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Labour Market Index records its weakest ever May reading, despite an improvement in manufacturing hiring

Beijing is conspicuous by its absence from the Group of Seven meeting

Admiral Harry Harris pushes for a tougher stance in the South China Sea

The outgoing US president is unable to offer reassurance to its nations