Ant Consumer Finance Arm to Raise $616 Million to Revive Growth
Ant Group Co.’s consumer finance affiliate is raising 4.5 billion yuan ($616 million) from investors, as the Jack
1970-01-01 08:00
TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows
Teten Masduki couldn’t stop talking about TikTok. In a July meeting with his team, the Indonesian minister broke
1970-01-01 08:00
Toyota Global Sales Hit Record High in August, Along With Output
Toyota Motor Corp.’s global sales rose 9% in August from a year earlier to a record 923,180 vehicles
1970-01-01 08:00
China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
1970-01-01 08:00
Massive warehouse explosion rocks Uzbekistan capital
A huge explosion followed by a large blaze occurred early on Thursday morning at a warehouse in Tashkent, Uzbekistan, according to Reuters and AFP news agencies, citing local media reports.
1970-01-01 08:00
China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’
The Chinese yuan is facing multiple headwinds. Now comes the Golden Week holiday, when trading will be frozen
1970-01-01 08:00
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
1970-01-01 08:00
US soldier Travis King in US custody after North Korea expels him
By Phil Stewart, Trevor Hunnicutt and Hyonhee Shin WASHINGTON/SEOUL (Reuters) -Private Travis King, the U.S. soldier who ran into North
1970-01-01 08:00
Mitsubishi Motors Will Stop Making Cars in China, Nikkei Reports
Mitsubishi Motors Corp. will end production in China, the Nikkei reported Wednesday, two months after the Japanese automaker
1970-01-01 08:00
China Property Stocks Slide to Lowest Since 2011 as Rout Extends
Chinese property stocks tumbled to their lowest levels since October 2011 as worries about liquidity and weak housing
1970-01-01 08:00
Banks Put on Notice as Climate Liabilities Hit Capital Planning
Banks that underestimate the financial fallout of the climate crisis are exposing themselves to regulatory and investor backlash
1970-01-01 08:00
EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
1970-01-01 08:00