A legal showdown between a renowned Buddhist temple in central China and its administration agency snagged headlines as the two battle over ticket fare distribution of the tourist site.
China's new Budget Law taking effect on Jan. 1, 2015 will focus on budgetary performance and prompt governments to spend more effectively, a senior finance official said on Monday.
The ice bucket challenge -- "raising awareness" of amyotrophic lateral sclerosis (ALS) -- has gone viral among China's celebrities from tech executives to movie stars.
The Nepal government announced a scheme to invest remittance money by migrant workers for developing hydro- power project, officials said here on Tuesday.
Singapore's parliament passed an amendment to the Corruption, Drug Trafficking and Other Serious Crimes Act on Monday to raise the maximum jail term for money laundering.
The Ministry of Civil Affairs has vowed to crack down on irregularities such as overpricing in the funeral industry, as the traditional Tomb-sweeping Holiday nears.
South Korea on Monday took a more cautious stance on resuming the long-suspended inter-Korean tourism project at the Democratic People's Republic of Korea (DPRK) 's Mount Kumgang, citing resolutions adopted at the UN Security Council.
New York's Department of Financial Services on Tuesday uncovered more details about tightening control over virtual currencies like bitcoin, as money laundering and terrorist financing accusations as well as computer hacking haunt the young market.
The Chinese tradition of giving gifts of red envelopes stuffed with cash went virtual and viral ahead of lunar new year as China's Internet moguls court the booming Internet finance market.
The ICAC has called for advice from the Director of Public Prosecutions (DPP) about charging the official and five applicants.
The Japanese cabinet on Tuesday approved a welfare-related public assistance law with a focus on tougher punishment on illegal receiving welfare money, according to local media.
Australians are spending a significant amount of money on health, beauty and fitness - an average of more than 6,000 AU dollars (5494 U.S. dollars) a year, according to a study released on Thursday by the Commonwealth Bank.
The Chinese government's ongoing efforts to increase the velocity of money will help channel capital into the real economy and spur growth, experts attending the 5th China International Assets Management Conference have said.
China's central bank took a sharp turn Tuesday evening, when it promised to inject money into a temporary liquidity shortage after rejecting banks' pleas for cash over the past two weeks.
The recent interest rate increases in China's inter-bank market have raised concerns over a liquidity crunch, but experts have viewed it in the context of weak economic recovery and argued that liquidity is abundant.
A relief fund for the Boston Marathon bombing victims has raised 20 million dollars in just over a week, local authorities announced on Tuesday.
The deputy governor of China's central bank has warned of a possible currency war after Japan has joined the club to adopt unconventional steps to escape recession.
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