Yahoo Finance’s Brian Sozzi and Julie Hyman discuss the recent warning on profit declines from Yum China, and the first earnings report from Weber since going public.
FINANCE
China Is Making Smart Money
China’s fintech activity is evolving swiftly. The only way for the U.S. government to thwart this long-term threat is to act immediately to ensure that Chinese innovation is not the only game in town …
Complaints against China’s banking sector rise in Q2
China Banking and Insurance Regulatory Commission and its local bureaus received a total of 84,424 cases of consumer complaints in the second quarter of this year, up 25.5 percent year on year. More …
A China Survey Finds Investors Lack Basic Financial Knowledge. How That Can Jolt Chinese Stocks.
The survey by People’s Bank of China comes at a time when mobile financial platform Ant Group has become an enormous handler of consumers’ money.
China Tells Banks Evergrande Won’t Pay Interest Next Week
(Bloomberg) — Chinese authorities have told major lenders to China Evergrande Group not to … has become one of the biggest sources of financial risk in the world’s second-largest economy.
China Stocks Battered by Economic Data, Evergrande Non-Payment
Chinese stocks retreated as the country’s economic slowdown and news that a major property developer will miss interest payments added pressure to a market still reeling from Beijing’s months-long …
China’s home-price growth weakens to eight-month low on cooling measures while Evergrande’s struggles keep buyers away
China’s home prices grew at the slowest pace in the past eight months in August, as buying confidence took a hit from the government’s cooling measures. Troubles at China Evergrande Group, the world’s …
China economy slowed in August, raising fears for global recovery
Many economists expect the People’s Bank of China will cut the reserve requirement ratio for banks again in coming months following a surprise reduction in July. The NBS said in a statement that even …
Cost of decarbonisation: China needs $21 trillion of investment to reach net zero goal
China has pledged to seriously decarbonising its economic activities, committing to reach peak carbon emissions in 2030 and carbon neutrality in 2060 – but getting there will be costly. Zhang Shaogang …
China Tells Banks Evergrande Won’t Be Able to Pay Interest Due Sept 20 – Bloomberg News
(Reuters) – China’s Ministry of Housing and Urban-Rural … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more.
China data prompts global growth concerns
Latest financial technology news, fintech news, fin tech news, open banking news, banking news, blogs opinion, analysis on Fintech Zoom.
European markets set for flat open as China data prompts global growth concerns
European markets are set for a tepid open on Wednesday after weak Chinese economic data resurfaced worries that global growth is slowing.
Fitch Rates Beijing Environment’s Proposed USD notes ‘BBB+’
The proposed notes are to be issued by BESG’s indirect wholly owned subsidiary, Beijing Environment (BVI) International Co., Ltd. The proposed notes will be unconditionally and irrevocably guaranteed …
