A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...
Foxconn, Apple’s chief iPhone assembler, is moving operations to other parts of China to deal with a growing COVID outbreak, a move that could drastically...
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. Get the Full Story Complete...
Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...
The London-based Lending-as-a-Service FinTech Trade Ledger Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform....
An economic trifecta of runaway inflation, Russia’s war on Ukraine and pandemic after-effects lingering from China are leading to gloomy projections of slow global growth...
Australia is set to complete its CBDC project in the middle of 2023, a new presentation said. Get the Full Story Complete the form to...
While the value of Chinese imports stood at over 63 billion pounds in 2021, the U.K. government has been at pains to limit Chinese influence...
Taking cues from society and social media, young people in China aged 16 to 24 are tucking their money away and going without little luxuries...