David Solomon, the chief executive officer of Goldman Sachs Group Inc., jumped on a flight to go meet Reese Witherspoon.
FINANCE
The Big Take: Why Goldman Sachs Is Restructuring Its Consumer Bank Marcus
David Solomon, the chief executive officer of Goldman Sachs Group Inc., jumped on a flight to go meet Reese Witherspoon.
Beijing officials praise Elon Musk for suggesting that Taiwan should become a ‘special administrative zone’
Chinese government officials have praised Elon Musk for his comments about Taiwan. Musk suggested that the country should become “a special administrative zone” similar to Hong Kong. China’s …
Why America and Europe fret about China turning inwards
Especially since the financial crisis, which Chinese officials call a moment of awakening about the West’s incompetence, China has grumbled about the “hegemony” of the dollar, as foreign countries …
Musk’s proposal for China-Taiwan relations gets slammed: Our freedom is ‘not for sale’
Elon Musk has weighed in on China-Taiwan relations, and Taiwanese politicians are not impressed. The billionaire suggested an arrangement whereby China would have some control over Taiwan, but the …
China May Be Using Controversial Tool To Infuse Funds Into Policy Banks As It Seeks To Buckle Up Economy
What Happened: The People’s Bank of China added a net 108.2 billion yuan ($15.2 billion) in Pledged Supplementary Lending, or PSL, in September for China Development Bank, Agricultural …
China extends currency swaps with European Central Bank
China’s central bank extended its bilateral currency swaps with European Central Bank, worth 350 billion yuan or 45 billion euros, according to a statement published on the Chinese central bank’s …
China Turns to Controversial Loan Tool for Policy Bank Funding
China used a controversial tool to inject funds into policy banks for the first time in more than two years, as Beijing increasingly relies on the semi-official lenders to support the economy while …
China praise and Taiwan criticism over Musk comments
Beijing and Taipei have spoken out after Tesla chief executive Elon Musk said Taiwan should become a special administrative zone of China.The world’s richest man said in a Financial Times interview he …
Ageless and scandal-proof: Chinese tech groups bank on virtual influencers
China’s celebrity influencers Viya and Li Jiaqi — aka Austin Li the “lipstick king” — used to attract millions of shoppers to ecommerce platforms, but their scandals and subsequent disappearances …
Explainer: The ways China’s Xi Jinping amassed power over a decade
FILE PHOTO; China’s President Xi Jinping attends a welcoming ceremony … 2012 after he came to power for “reform and opening up”, as well as an existing group on finance. – He undertook a sweeping…
Musk’s Taiwan remarks draw ire from Taipei, thanks from Beijing
Days after weighing in on the Ukraine war, tech billionaire Elon Musk suggested establishing a “special administrative zone” around the self-governing island of Taiwan in a new interview, angering …
China’s central bank conducts $2.39bn worth of reverse repos to add liquidity
China’s central bank on Saturday conducted a total of 17 billion yuan (about US$2.39 billion) of reverse repos to maintain liquidity in the banking system, Chinese news agency, Xinhua, reported.The …