Chinese internet giant Tencent launches WeChat Pay in Europe to challenge Alibaba’s Alipay

Chinese internet giant Tencent launched its WeChat Pay payments service in Europe on Monday, challenging rival Alipay, which is owned by rival Alibaba’s affiliate Ant Financial. WeChat is a giant social media service that has 938 million monthly active users....

Op-Ed: Business is booming in Northeast Asia despite political frictions

Japan, in particular, is re-emerging as an export powerhouse, drawing large benefits from its Chinese and Korean business operations. In the first five months of this year, Japanese exports to China soared 17.3 percent from the year earlier, a huge improvement from a...