China Huarong Asset Management Co. is planning to sell its stake in Ant Group Co.’s consumer finance unit, part of the bad-debt manager’s accelerating push to exit non-core businesses.Huarong is …
Why China is unlikely to cut interest rates despite economic headwinds
With China’s economy losing steam since the second quarter of this year, there is market speculation that the central bank would cut the policy rate, i.e. the loan prime rate, soon. But the market is …
Nokia achieves first 5G carrier aggregation call in standalone architecture with Taiwan Mobile
Press Release Nokia achieves first 5G carrier aggregation call in standalone architecture with Taiwan Mobile Successful trial aggregates spectrum in the 700MHz (n28) and 3500MHz (n78) for the first …
Oman aims to cut emissions by 7% in 9 years
On the back of measures to support transition to a low carbon economy, Oman intends to slow greenhouse gases (GHG) emission growth. According to the Sultanate’s Second Nationally Determined …
Cryptocurrency promise for UAE’s unbanked migrants – but not yet
Dubai and the rest of the United Arab Emirates (UAE) is moving closer to opening licensed cryptocurrency exchanges, a step that could boost financial inclusion for the millions of expatriates who make …
Cardinals LB Jordan Hicks has positive outlook in camp after tough offseason
Early in the offseason, Arizona Cardinals linebacker Jordan Hicks didn’t know whether he would be on the team when training camp started. He was told he was losing his starting job after Zaven Collins …
N.Korea wants U.S. to allow fuel, metal trade to restart talks – S.Korea lawmakers
SEOUL (Reuters) -North Korea wants international sanctions banning its metal exports and imports of refined fuel and other necessities lifted in order to restart denuclearisation talks with the United …
Asia Pacific banks look to emerging markets including Cambodia for growth
Mature markets in much of the Asia-Pacific region are prompting banks to take risks with offshore investments as they look to increase demand for financial services.
N.Korea wants U.S. to allow fuel, metal trade to restart talks – S.Korea lawmakers
SEOUL (Reuters) -North Korea wants international sanctions banning its metal exports and imports of refined fuel and other necessities lifted in order to restart denuclearisation talks with the United …
Seoul says no decision on U.S. drills, but exercises should not create North Korea tension
South Korea said on Monday no decision has yet been made on its joint military exercises with the United States but they should not create tension, after North Korea warned the South against holding …