China fines Jack Ma's Ant Group nearly $1 billion
China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance.
2023-07-07 23:49
Rate Hike Seen by All Canada’s Big Six Banks on Strong Jobs Data
All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next
2023-07-07 23:25
JPMorgan's Dimon, Staley urge end to shareholders' Jeffrey Epstein lawsuit
By Jonathan Stempel NEW YORK Jamie Dimon and Jes Staley do not agree on who to blame for
2023-07-07 22:59
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
By Yuvraj Malik AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak
2023-07-07 22:53
DWS' former CEO Woehrmann under investigation in greenwashing probe - source
By Tom Sims and Friederike Heine FRANKFURT (Reuters) -German prosecutors are investigating asset manager DWS's former chief executive Asoka Woehrmann
2023-07-07 22:18
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
2023-07-07 20:48
Biggest Cocoa Trade in More Than a Decade Rattles London Market
The biggest cocoa trade in more than a decade is rattling the London exchange, bringing back memories of
2023-07-07 20:28
Hong Kong Relaxes Mortgage Rules to Support Property Sector
The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid
2023-07-07 20:21
Some investors are shunning Wall Street's tech frenzy
While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the "all-in on tech stocks" trend and opting for a more diversified strategy.
2023-07-07 19:53
Factbox: China's major germanium and gallium producers
BEIJING China has announced export restrictions to take effect from Aug. 1 on some gallium and germanium products,
2023-07-07 19:52
China Weighs More Local Bond Sales to Help Pay Risky Hidden Debt
Chinese authorities are weighing plans to support cash-strapped cities and counties by allowing additional local bond issuance to
2023-07-07 19:46
Ukraine Recap: Zelenskiy to Discuss Grain Deal With Erdogan
Ukraine President Volodymyr Zelenskiy is expected to meet President Recep Tayyip Erdogan in Istanbul late on Friday as
2023-07-07 19:20