China's Army of Bank Tellers Retreats

Staffing at big four banks falls for first time since 2011 Total headcount at China’s four largest banks fell in 2016 for the first time in six years, as the lenders cut costs and tried to adapt their massive branch networks in the face of competition ... ( read original story ...)

Beijing-Seoul Rift Over Missile Defense Disrupts Deal Making

This time last year, South Korean private-equity firm MBK Partners LP was shopping around a rich prize—the South Korean operations of ING Groep NV, which it had acquired in 2013 as part of a planned downsizing of the Amsterdam-based financial giant ... ( read original story ...)

China's Ant seeks to allay MoneyGram security fears

BEIJING (Reuters) - China's Ant Financial tried to soothe security concerns about its proposed $880 million takeover MoneyGram International Inc on Thursday, saying it intends to store U.S. user data locally once the deal closes. The finance affiliate of ... ( read original story ...)

Yum China posts positive Q1 on takeout sales, tax break

SHANGHAI Yum China Holdings Inc (YUMC.N) posted a slight rise in first-quarter same-store sales, helped by a jump in takeout demand and improvement at its flagging Pizza Hut brand as the newly spun-off firm looks to revive growth in the world's second ... ( read original story ...)

Trump presses China on NKorea; another bluff could hurt him

But if he's bluffing, and Xi calls him on it, that might prove damaging in future negotiations with China or in building a united front against North Korea's nuclear and missile programs. The two-day meeting at Trump's Florida estate, Mar-a-Lago ... ( read original story ...)