The People’s Bank of China (PBoC) is planning to pump about $115 billion into the economy by freeing up lenders to write more loans, The...
Luxury brands like Mercedes and Tiffany & Co. are adding restaurants and eateries to their locations to attract a new generation of customers, according to...
Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by...
It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in...
In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online...
Retailers are designing brick-and-mortar spaces around experiences to attract and keep customers. Chinese eCommerce retailer JD.com, in one case, has just rolled out its inaugural...
Corporates across China have reached a record high for loan defaults in 2019, according to a Financial Times report from Thursday (Dec. 26). Corporate defaults...
Chinese technology company Tencent has announced it’s going to start researching cryptocurrency and its implications for an ongoing project in blockchain, according to reports. Media...
China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State...