SYDNEY (Reuters) – Asian markets on Monday held nervous as the Turkish lira plunged into a tested risk appetite, with stocks and bonds showing limited bids for safe havens. File photo: Turkish Lira Banknote Note This illustration taken on January 6, 2020. Reuters / Dado Ruvik / Illustration // File …
Read More »5 things to know from March 5: Coronavirus, Stimulation, Immigration, Hong Kong, Ethiopia
Here’s what you need to know Fast forward to your day. (You can also get “5 Things You Need Today” delivered daily in your inbox box. Sign up here.) 1. Coronavirus 2. Stimulation The Senate debate on the Covid-19 relief bill, known as the American Recovery Plan, will begin eagerly …
Read More »NYSE scraps plan to delist shares of Chinese telecom giants
Ant ant moles holding company with the same regulation as the bank
Jack Mae laid siege Ant Group Co. is planning to fold its financial operations into a holding company, which, according to people familiar with the situation, could regulate its bank more like a single bank while developing more profitable units. Fintech Giant plans to move any unit that needs a …
Read More »Chinese financial regulators urge ant group to speed up ‘reform’ plan
BEIJING (Reuters) – China’s financial regulators on Sunday urged the Ant Group to outline a concrete plan to meet regulatory demands and realize the seriousness of the reform process as soon as possible. File photo: In Hangzhou, Zhejiang Province, China, a thermal imaging camera appears in front of the Ant …
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