Reuters Asia

Match, Indian startups call for antitrust probe of Google in-app billing fee

By Aditya Kalra NEW DELHI (Reuters) -Tinder-owner Match Group and Indian startups have asked the country’s competition body to investigate Alphabet’s Google for alleged non-compliance with an antitrust directive by charging a high service fee for in-app payments, filings show. The filings by Match and Alliance of Digital India Foundation (ADIF) mark the latest tussle …

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Indian cenbank proposes expanding UPI digital payments system to allow credit

By Siddhi Nayak MUMBAI (Reuters) -The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines. UPI is an instant real-time payments system that allows users to transfer money across multiple banks without disclosing bank …

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Taiwan watching Chinese movements after Beijing denounces US Speaker meeting

By Ben Blanchard and Liz Lee TAIPEI/BEIJING (Reuters) -Taiwan was keeping a close watch on a Chinese aircraft carrier and threats to inspect ships in the Taiwan Strait on Thursday after Beijing condemned a meeting between Taiwan President Tsai Ing-wen and U.S. House Speaker Kevin McCarthy. McCarthy – the third highest ranking official in the …

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