May 07, 2024 Last Updated 00:52 AM EDT

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Finance/Venture

China’s Ant Group to Open New Markets Across the World With Alipay+ Cross-Border Payments

Chinese fintech firm  Ant Group wants to expand globally by linking mobile payment apps with Alipay+.

Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams...

Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets

The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April...

Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally

Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit...

Goldman Sachs Removes Bonus Cap for UK Bankers

After the UK removed local pay restrictions for bankers last year, Gol...

Trump Media CEO Calls for GOP Investigation Into Potential Short Selling by Eight Financial Firms

Nunes demands a GOP-led probe into short-selling by eight firms affect...

Latest News

American International Group, Inc. Reported Larger Than Expected Net Loss of $1.8 Billion in Q4 2015
American International Group, Inc. reported a bigger quarterly loss than expected. The company was hurt by weak underwriting and investment return. The big loss in Q4 made its full year income dropped
Bank of Japan's Koji Ishida Warned Negative Interest Rate Do Very Little to Boost Investment
Koji Ishida, Bank of Japan's policy board members said the negative interest rate will do very little to boost investment. Continuing tumult in the market may hurt Japanese economy.
Citigroup CEO Michael Corbat Received 27% Increase of Salary in 2015
Citigroup raises salary of its CEO to $16.5 million in 2015. The bank has managed to be more efficient in operation under Corbat's leadership and passing mandatory stress test.
Glencore Plc signs loans to refinance credit facility
Glencore signed new loan commitments of $8.45 billion revolving credit facility. The company took on the new liabilities when it was already struggling to pay off its existing debt of $30 billion. Des
Plus500 Grew Its Revenue Despite a Hard Year in 2015
Plus500 booked an increase in total revenue for 2015 to $275.6 million, despite facing a dificult year. Increase of compliance cost and failed merger with Playtech has disturb the company's operation
Venture Capital Investment in Grand Rapids Hits a Record High
Grand Rapids, Michigan mark the highest record in venture capital investment in 2015. A venture capital firm based in the largest city of West Michigan scored a 20% increase from previous year.
China Plan to Allocate $61.4 Billion For Infrastructure Development In the Q1 of 2016
China is planning to put more budget in infrastructure. The country's planning agency expects to boost spending and increase investment to maintain 7% annual economic growth as last year.
India exports drop for its 14th consecutive months
India's exports fell 13.6 percent from January a year ago and it has been dropping for 14 consecutive months, while imports contracted 11.01 percent. However, the Reserve Bank of India will not devalu
Anglo American Plc Announced to Sell Its Share in Kumba Iron Ore
One of the world's biggest mining company Anglo American Plc announced to sell its share in Kumba Iron Ore on Tuesday. The South African multinational company has suffered loss in its full-year perfor
Precautions and Solutions in Selling Business Assets
To secure assets from a company sale, there are two main things that one needs to do: make sure the business entity of the company is preferable for private assets protections and put the said assets

Most Read

1

Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud

2

Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up

Donald Trump, Republic National Committee Rake in Over $76 Million in April as Fundraising War With Joe Biden Heats Up

3

Elon Musk Takes Aim at JK Rowling, Says to Move on From Trans Issues

Elon Musk Takes Aim at JK Rowling, Says to Move on From Trans Issues

4

American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business

American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business

5

Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network

Twitter Founder Jack Dorsey Leaves BlueSky Board a Few Months After Deleting His Own Account on the Social Network
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