Macy’s credit rating has been downgraded to junk by S&P Global Ratings, just weeks after the former department store juggernaut released a cost-cutting measure to...
South Korea may be in danger of a recession in the wake of the deadly coronavirus because of its China-dependent economy, President Moon Jae-in warned....
LendingClub on Tuesday (Feb. 18) posted results that showed continued growth in loan originations, up mid-single-digit percentages year over year – results that were possibly...
Chinese tech firms are helping the government enact a new “health rating” system that will track millions of citizens preparing to return to work in...
Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? China may be about to find out. In a series of...
Deutsche Bank announced on Tuesday (Feb. 18) that it would improve its Sri Lanka operation with the launch of a new digital foreign exchange (FX)...
Patreon, known for its platform for content creators to earn money from fans, will be entering the micro-loan business, according to reports. The platform will allow...
Software development company Credify, based in Singapore, has raised $1 million in a seed funding round from SoftBank-backed artificial intelligence (AI) incubator Deepcore, as well...
Saudi Payments, a state-owned payments apparatus, has partnered with stc pay, another Saudi Arabia payments company, to grow the breadth of its mobile wallet, and...