Markets

China's Ant Group is lowering borrowing limits for some young users of its Huabei virtual credit card product, the company said on Wednesday, a month after China suspended the fintech giant's US$37 billion public listing plan.

MOSCOW: Encrypted messaging app Telegram will launch pay-for services in 2021, its Russian-born founder Pavel Durov said on Wednesday (Dec 23), as the growing company needed "at least a few hundred million dollars per year". "Telegram will begin to generate revenue, starting next year," Durov said ...

Cryptocurrency XRP tumbled 18per cent to a one-month low on Wednesday after the U.S. Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a US$1.3 billion unregistered securities offering.

Cryptocurrency XRP tumbled 18per cent to a one-month low on Wednesday after the U.S. Securities and Exchange Commission (SEC) charged associated blockchain firm Ripple with conducting a US$1.3 billion unregistered securities offering.

LONDON: Britain and the European Union have still not clinched a Brexit trade deal as serious issues remain unresolved that prevent Prime Minister Boris Johnson signing up to an accord, a British minister said on Wednesday (Dec 23). Just eight days before the United Kingdom casts off into the...

MOSCOW: Russia's lower house of parliament voted on Wednesday to pass a bill that would fine online platforms and internet providers up to 20per cent of their turnover in Russia if they fail to remove banned content. The authors of the draft legislation singled out the cases of Twitter...

Polish video game maker CD Projekt SA on Tuesday said it sold over 13 million copies of its Cyberpunk 2077 game through Dec. 20, taking into account refunds demanded by players who complained it was littered with bugs.

Polish video game maker CD Projekt SA on Tuesday said it sold over 13 million copies of its Cyberpunk 2077 game through Dec. 20, taking into account refunds demanded by players who complained it was littered with bugs.

South Korea-based LG Electronics Inc and automotive supplier Magna International Inc are launching a joint venture that will make key components for electric cars, the companies announced on Wednesday.

Investors are counting on a weakening dollar to boost rallies in everything from U.S. stocks to emerging markets and industrial metals in 2021.