China Targets Firms Listed Overseas After Launching Didi Probe

China said it would tighten rules for companies seeking to sell shares abroad and strengthen oversight of overseas-listed companies, moves that could hinder attempts by homegrown firms to raise money in the U.S. The shift comes as Chinese regulators intensify scrutiny into

Tech Firms Threaten to Quit Hong Kong Over Data Law Plan

HONG KONG— Facebook Inc., Twitter Inc. and Alphabet Inc.’s Google have privately warned the Hong Kong government that they could stop offering their services in the city if authorities proceed with planned changes to data-protection laws that could make them liable for

Jack Ma's Ant in Talks to Share Data Trove With State Firms

HONG KONG—Ant Group Co. is in talks with Chinese state-owned enterprises to create a credit-scoring company that will put the fintech giant’s proprietary consumer data under regulators’ purview, according to people familiar with the matter. The new entity, which could be established

Jack Ma's Ant in Talks to Share Data Trove With State Firms

HONG KONG—Ant Group Co. is in talks with Chinese state-owned enterprises to create a credit-scoring company that will put the fintech giant’s proprietary consumer data under regulators’ purview, according to people familiar with the matter. The new entity, which could be established

China Steps Up Antitrust Pressure on Internet Firms

SINGAPORE—Chinese regulators have intensified scrutiny of dozens of domestic internet companies for possible antitrust violations, people familiar with the matter said. In recent weeks, agents from government agencies including the antitrust watchdog, the cyber police and tax authorities have paid surprise visits

Europe Keeps Aiding Firms to Avoid Covid-19 Insolvencies

Rousselle Industrie SA, a maker of machinery for paint manufacturers in northern France, almost collapsed in 2020 after the pandemic disrupted supply and its clients’ businesses. The 10-person company was saved by the equivalent of $360,000 in loans under a government program