Finance
China’s central bank encourages local businesses to accept foreign payment cards
A coffee shop at Beijing Capital Airport shows customers can use Visa, Mastercard, the digital Chinese yuan and other payment...
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Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment
A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China.RokidBEIJING — Hainan Airlines...
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China’s VC playbook is undergoing a sea change as U.S. IPO exits get tougher
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok,...
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Oil stocks share a bullish similarity with semis, but ‘no one cares,’ VanEck CEO says
Investors may want to consider putting money to work in a lagging part of the market.According to VanEck CEO Jan...
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Policy changes look to reduce 401(k) plan ‘leakage’
Sturti | E+ | Getty ImagesLeaks aren't just a problem for pipes.Billions of dollars a year drip from the U.S....
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Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in New York City on Sept. 28,...
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Big banks have drastically cut overdraft fees, but customers still paid $2.2 billion last year
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail...
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NYCB woes reignite fears about shaky banks as anniversary of March crisis nears
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 7, 2024. Brendan...
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This semi name just hit a fresh all-time high. Why its stock market dominance could last
Nvidia shares hit a fresh all-time high on Wednesday, and its gains may still be in the early innings, according...
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Societe Generale posts sharp profit drop as net banking income slides
A logo outside a Societe Generale SA bank branch in Paris, France.Bloomberg | Bloomberg | Getty ImagesSociete Generale on Thursday...
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