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Ant Financial is expanding its interests outside of China, including the US. It met with a setback early this month as its plan to acquire the US moneytransfer service MoneyGram was blocked by the US government over national security concerns.

Ant Financial Services Group, which operates mobile payment tool Alipay. 

Apart from the manufacturing PMI, the non-manufacturing business activity index also increased by two basis points month-on-month to 54.6 in March.

Announcing the news on TikTok's website, Roland Cloutier, Global Chief Information Security Officer of TikTok, said that "This investment in Ireland, to the value of approximately 420 million euros (9 million), ...will play a key role in further strengthening the safeguarding and protection of TikTok user data, with a state of the art physical and network security defense system planned around this new operation."

Another new report released by LinkedIn last month noted that there will be a shortfall of 12.3 million workers by 2020 in the Asia-Pacific region, leading to added costs of nearly .2 trillion every year.