Alibaba Group Holding posted mixed results for the period that ended in December, slightly missing top line expectations while beating bottom line projections. The company logged gains in user count and other metrics, which came despite evidence of an economic slowdown in China — yet...
In this case, perhaps IPO could stand for: “It’s Possible, Only…not now.” News came at the beginning of this week that the hotly anticipated listing of Ant Financial, an affiliate of China’s Alibaba focused on electronic payments, is off the shelf — as in being pulled or...
The vagaries of currency take on all sorts of meaning to consumers, borrowers and lenders large and small, individual and corporate. Over the last few weeks, some headlines have focused on the impact of the trade war being waged between the United States and a...
It’s earnings season, which leads us to mull the fate of companies large and small, and of industries that are global in scope. Granted, we’re only a week in. And granted, most everyone looks at the marquee names. The banks have seen some stickiness in the consumer’s...
December 29, 2017
China’s banking regulator has issued a draft measure to amend licensing and oversight of the banking activities of foreign-backed financial companies, according to Thursday (Dec. 28) reports from Reuters. The move is intended to lure investments to China’s financial sector, an economic element that is currently in fast-growth mode. In a statement by the China Banking […]
September 10, 2015
China has been having a rough year, and an especially rough summer, considering its recent currency devaluation and massive stock market slump late last month that spooked markets the world...
