An official position paper shrugs off critiques of overcapacity and lauds Chinese innovation for bumper sales abroad. But it ignores how policy has strangled domestic demand in the $20 trln ...
Six years of zero fees changed how people send money to friends, buy vegetables and purchase tickets, boosting monthly transactions to 24 bln. Re-introducing merchant charges will ensure the ...
As Western stock markets hit new highs, the business of looking after other people’s wealth has rarely been more buoyant.
The US accounted for more than 80% of the $426 bln group's sales last quarter. Analysts reckon the proportion will rise in ...
NEW YORK, August 11 (Reuters Breakingviews) - Fresh data show big banks diving yet further into the kind of lending that fueled a crisis at once-$45 bln hedge fund Situational Awareness. Wunderkind ...
The buyout shop is in talks to buy $48 bln HR app peddler Workday, Reuters reported. With valuations crushed by chatbot ...
NEW YORK, August 13 (Reuters Breakingviews) - The investor's Pershing Square increased annual earnings 1% in its first financial disclosure since an April IPO. Accounting quirks aside, the $16 bln ...
NEW YORK, August 13 (Reuters Breakingviews) - The tech-focused buyout shop agreed to pay $4 bln for insurance exchange Accelerant, slightly below the seller’s IPO price. Investors reeled at complex ...
NEW YORK, August 11 (Reuters Breakingviews) - Nvidia's boss gathered Apollo, Goldman and others to help finance buyers of his company's GPUs. He is channeling the auto-loan market by using computing ...
Chair Kevin Warsh is ending the central bank's practice of clearly signaling markets, but companies from $14 bln Lululemon ...
NEW YORK, August 12 (Reuters Breakingviews) - The bank led by David Solomon is buying ETF provider NEOS for $2.3 bln to better balance steadier money management with more volatile deal fees. For now, ...
HONG KONG, Aug 13 (Reuters Breakingviews) - Undaunted by political ructions the economic tsar, who died at 97, strengthened Beijing's tax take and secured WTO entry. That brought decades of growth ...
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