Beijing / Bloomberg Alibaba Group Holding Ltd. sold 3 trillion yuan ($463 billion) of goods through its online shopping websites in the year ending March, as China’s largest e-commerce operator moved deeper into the untapped countryside and courted foreign brands. The company wants to bring in more quality non-Chinese goods and continue to increase its footprint in rural areas to ...

New Delhi / Bloomberg India just ushered in an interest-rate cut, via the backdoor. Although paying postal-savings depositors slightly less for their cash may appear a minor tweak, the move could end up having a bigger salutary effect on bank balance sheets, and the country’s nervous bond market, than the Reserve Bank of India’s 125 basis-point reduction since early 2015. ...

Beijing / DPA Nepal Prime Minister KP Sharma Oli will meet China’s President Xi Jinping and his counterpart Li Keqiang on Monday, while witnessing the signing of several agreements between Nepal and China. Nepali officials have set their sights on signing of Transit and Transportation Agreement with China that will pave the way for Nepal to use the nearest Chinese ...