Indebted China Evergrande vows to repay all matured wealth management products
HONG KONG : China Evergrande Group vowed on Friday to repay all of its matured wealth management products as soon as possible,…
CNA
As more investors start young, experts urge platforms to promote ‘healthy’ trading
SINGAPORE: Ms Lim Pei Yan’s investment journey started in her early 20s with a robo-adviser, and then with a financial adviser…
Exclusive-Chinese state firms to take big stake in Ant’s credit-scoring JV -sources
HONG KONG : State-backed firms are set to take their first sizeable stake in a key Ant Group asset as part of the Chinese fintech…
Asia shares ease as weak China data weighs
HONG KONG : Asia stock markets opened lower on Tuesday despite fresh all-time highs on Wall Street, as worries about China’s…
China’s Ganfeng posts record profit in Q2 as lithium prices jump
China’s Ganfeng Lithium Co, the world’s biggest lithium company by market capitalisation, posted its best ever quarterly profit…
Asian shares rise on dovish Fed chair, oil up as hurricane batters Louisiana
HONG KONG : Asian shares started the week with gains and the dollar was not far off two-week lows after U.S. Federal Reserve…
Fintech group ION ups its US$2 billion bid for Italy’s Cerved
ROME : Fintech group ION’s vehicle Castor Bidco said on Friday it had raised by 7per cent to nearly 2 billion euros (US$2.35…
Altice’s Teads shelves US listing plan
Advertising technology company Teads BV, owned by French telecom company Altice, is no longer pursuing an initial public offering…
Meme stocks soar in late day trading surge, short sellers knocked
NEW YORK : Shares of several retail trading darlings, including AMC Entertainment and GameStop, surged in heavy volume late on…
India court gives police three weeks to conclude Paytm ownership probe
NEW DELHI : An Indian court on Monday has given police three weeks to conclude an investigation into claims from a former Paytm…