Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years
2023-07-20 13:20
How Britain Took a Step Toward Saving Its Ailing Car Industry
Britain’s car industry has been on the decline for some time. Last year, production fell to a 66-year
2023-07-20 12:20
Mizuho Follows Japan Peers in Selling $1.9 Billion AT1 Bonds
Mizuho Financial Group Inc. raised 261 billion yen ($1.9 billion) by selling Additional Tier 1 bonds, becoming the
2023-07-20 11:46
Tencent Billionaire Breaks Silence to Back China Private Sector
Billionaire Tencent Holdings Ltd. co-founder Pony Ma has penned a lengthy op-ed backing Chinese pledges to resuscitate the
2023-07-20 09:15
VC Firms Investing in China’s Tech Companies Draw US House Panel Investigation
A US congressional committee is investigating four venture capital firms for their investment in Chinese technology companies, the
2023-07-20 08:59
Sequoia Shakes Up VC Team, Sheds Two Crypto Investors
Sequoia Capital, the world’s most prestigious venture capital firm, now looks very different than it did just a
2023-07-20 06:49
US Oil Reserve Sales to China Could Be Blocked in Defense Bill
China would be blocked from purchasing oil from the US’s emergency stockpiles under legislation slated for a Senate
2023-07-20 05:50
Discover Financial Falls After Disclosing Regulatory Review, Suspends Buybacks
Discover Financial Services slumped in late trading after the credit-card issuer disclosed it was in discussions with regulators
2023-07-20 05:28
Venture-Capital Firms to be Held Liable for DeFi Sanctions Violations Under New US Bill
A new bipartisan Senate bill would hold venture-capital firms and other large investors accountable in some cases for
2023-07-20 03:45
NY MTA Raises Subway Fares for First Time Since 2019 to Fix Budget Deficits
New York’s Metropolitan Transportation Authority voted to lift prices on its subways, buses and commuter rails for the
2023-07-20 03:29
IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
2023-07-19 20:48
Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a
2023-07-19 17:56