MobiKwik, in collaboration with RBI and Yes Bank, has introduced the full version of India’s central bank digital currency, the e-rupee.
Business news
Xiaomi’s market value surpassed HK$1 trillion (US$128.4 billion) for the first time after its shares hit an all-time high, as the company capitalised on its expansion into electric vehicle (EV) manufacturing.
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has acquired a 23.08% stake in Saudi Reinsurance Company (Saudi Re).
Dubai’s first flying taxi vertiport, Dubai International Vertiport (DXV), will be located near Dubai International Airport.
Chinese budget lifestyle retailer Miniso Group Holding is securing $550 million through a debt instrument to support its global expansion and share repurchase initiatives.
The UAE has announced a significant update to its Corporate Tax rules by introducing a Domestic Minimum Top-up Tax, effective for financial years starting on or after 1 January 2025.
Chinese authorities have extended a warm welcome to French pharmaceutical and healthcare giant Sanofi, which has announced plans to invest around €1 billion in a new insulin plant in Beijing.
Chinese tech giant Baidu announced on Tuesday that it has slashed the production cost of its Apollo RT6 self-driving vehicle to 250,000 yuan (US$34,525) per unit, marking a major milestone in making autonomous driving more affordable and accessible in China.
The head of Russia's association of fertilizer producers suggested streamlining trade with India, a top importer of fertilizers.
ocial media users in the European Union will soon be able to file complaints against platforms like Facebook, TikTok (owned by ByteDance), and YouTube (owned by Alphabet) regarding content moderation through a new independent body in Ireland.