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 ...