International

International
With Travel Ban, Chinese Residents Flock To Amusement Parks
August 30, 2020

In China, a ban on traveling outside the country is still in effect due to the pandemic, causing Chinese theme parks to see a boom in activity, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and...

International
For China, Digital Yuan Sprinting Toward Olympics?
August 26, 2020

Let the digital currency games begin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

International
Chinese Tech Stocks Jump As Their Listing Market Eases Rules
August 24, 2020

Following the adoption of new rules intended to make it easier for companies to hold initial public offerings (IPOs), some Chinese technology companies newly listed on the ChiNext exchange board of the Shenzhen Stock Exchange soared on their first day of trading, CNN Business reported....

International
China’s Banks To Face First Profit Drop In 10 Years
August 24, 2020

China’s banks are not immune to the recession triggered by the COVID-19 crisis. Analysts and official data indicate that some of the country’s largest banks will soon show the first drop in first-half profits since the Great Recession. Get the Full Story Complete the form...

International
Nium Partners With TeleDolar In LATAM Expansion
August 24, 2020

Cross-border payments company Nium has partnered with TeleDolar, the Costa Rican FinTech platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

International
ByteDance Sues US Government Over Trump’s TikTok Ban
August 24, 2020

China-based ByteDance filed a lawsuit Monday (Aug. 24) to fight President Trump’s move to ban its video-sharing application, TikTok, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
August 24, 2020

Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Wirecard Makes Deals To Sell Its Brazil, UK Operations
August 21, 2020

As Wirecard AG’s global operations close following its bankruptcy filing, the German payment company has agreed to sell what’s left, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
India’s Consumers Struggle To Overcome Virus Shutdown
August 20, 2020

In heavily coronavirus-ravaged India, the people hit the hardest are those who have only just gotten into the middle class and those below them, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...