Paytm’s chief executive was told to approach the country’s central bank in a short meeting with India’s finance minister, according to sources.
China producer prices dip in January for a 16th month; consumer prices see biggest drop since 2009
Tepid prices highlight what China’s top leaders labeled as a “tortuous” economic recovery.
DBS slashes CEO’s variable pay by 30% after multiple digital disruptions
DBS Group cut the variable compensation for its senior management to “hold them accountable” for a number of digital disruptions that year.
India’s Paytm shares pop 8% after Ambani’s Jio Financial denies deal talks for wallet business
Paytm and Jio Financial deny media speculation of the digital payments firm’s wallet buyout.
Warnings, liquidity boost and proverbs — China’s tools for propping up its stock market
Various Chinese financial authorities have commented on the onshore China stock market rout in the last three days, underscoring a familiar Beijing playbook.
Emerging brands grab market share in China and South Korea, forcing established ones to reinvent
The rise of online shopping, social media and easier access to factories are driving the growth of new consumer brands in parts of Asia — putting pressure on traditional industry giants.
Bhutan’s new ‘Mindfulness City’ is massive — with plans showing a city unlike any other in the world
Like Saudi Arabia’s linear city, called The Line, Bhutan’s “Gelephu Mindfulness City” shows how modern cities may look and function in the future.
TikTok election? Indonesia’s presidential hopefuls battle it out on social media
In the country of 274 million, millennials and Gen Z voters make up 56.5% of the electorate — and campaigning on social media is heating up.
ASEAN launches guide for governing AI, but experts say there are challenges
The 10-nation bloc launched its first guide to AI governance, but experts say member states are at “different stages of digital development.”
India’s finance minister touts unlikely export growth in a world of uncertainty
India’s Finance Ministry said earlier in the week that the country could become the world’s third-largest economy by 2027 with a gross domestic product of $5 trillion.