Tag: banking

Let’s not try to decouple. Let’s not try to hurt China, the Chinese people,” he said. Read more at straitstimes.com. ( read original story ...)

Wall Street pointed mostly higher early Tuesday after President Joe Biden and House Speaker Kevin McCarthy reached an agreement on a deal to raise the U.S. national debt ceiling. Futures for the Dow ... ( read original story ...)

Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential regulatory conflict arising from its merger with UBS , said two sources with direct knowledge of ... ( read original story ...)

Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China that would have boosted its presence in the country by allowing it to set up its own branch network ... ( read original story ...)

Payments in China are now done mostly online and through apps, which has made life easier. Even before coming to China, international travelers can use their foreign mobile number to register in ... ( read original story ...)

Xiao-I, which raised US$39 million from its IPO in March, wants international sales to account for half of its revenue, founder and CEO Yuan Hui says The Shanghai-based firm aims to sharpen its focus ... ( read original story ...)

Asian shares are mixed in directionless trading following a U.S. holiday, as optimism about a deal on the U.S. debt was dented by worries about the regional economy ... ( read original story ...)