China orders Ant Group to rectify businesses

Chinese regulators have ordered Ant Group, the world's largest financial technology company, to rectify its businesses and comply with regulatory requirements amid increased scrutiny of anti-monopoly practices in the country's ...

Business

Tencent set to take stake in Universal Music

Chinese internet giant Tencent is in early talks to take a stake in the Universal Music Group, a behemoth in the global music industry, UMG's French owner said on Tuesday.

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