China: Government Fines Alibaba $2.8 Billion, Increases Scrutiny of Ant Group's Activities 

China’s central bank demanded Ant Group subject its financial activities to Beijing regulators and address financial risks after China’s State Administration of Market Regulation (SAMR) levied a record $2.8 billion antitrust fine against Ant Group subsidiary Alibaba for limiting e-commerce competition and harming the interests of sellers and consumers, Bloomberg reported April 12....