Technology

White House holds back Alipay and WeChat Pay poses risk to Ant IPO

[ad_1] Photographer: Chan Long Hei / Bloomberg Photographer: Chan Long Hei / Bloomberg The Trump administration’s possible restrictions on two Chinese payments giants would have repercussions far beyond politics, potentially affecting multi-billion dollar deals, shaking up international trade and even shaping the evolution of the global financial system. US officials …

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Singapore Gains 3 More Billionaires Amid Pandemic, As ‘Madly Rich’ Asia Maintains First Place Globally: Report, Economic News & Top Stories

[ad_1] SINGAPORE – Singapore added three more billionaires to its bill as Asia remained the world’s richest region, according to a report released on Wednesday (October 7) by UBS and PricewaterhouseCoopers (PwC). The Asia-Pacific region reached a record 831 billionaires, about 38 percent of the total number globally. They represent …

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