Bloomberg Nium, a Singapore-based fintech startup backed by state-owned investor Temasek Holdings Pte, agreed to buy payments firm Ixaris for an undisclosed amount to expand in Europe before pursuing an initial public offering in the US. All of Ixaris’s 86 employees in London and Malta will join Nium, according to an emailed statement from Nium. Ixaris, based in London, is ...

Bloomberg Chinese policies could reduce the growth of southern Xinjiang’s ethnic Uyghur population by one-third over the next two decades, according to a new report, data that could bolster arguments that the effort represents genocide. Policies from birth control to forced labour transfers are on track to cut the Uyghur population in the region’s southern portion by 2.6 million to ...

Bloomberg China’s muted reaction over a US military flight to Taiwan prompted criticism from nationalists online, underscoring the pressures on President Xi Jinping to follow through on heated “red line” rhetoric. The US Air Force C-17 cargo plane made a three-hour stopover in Taipei to carry a bipartisan congressional delegation visiting Taiwan. Three US senators — Democrats Tammy Duckworth and ...