Finance News

Alipay and WeChat Pay, China's two largest mobile payment systems, have decided to support the Chinese government's development of digital yuan. Chinese digital currency is to speed up further. According to Chinese media on the 27th, the Digital Monetary Research...

Strong momentum builds in most major economies might lead to a faster recovery in the global economy from its coronavirus slump, Reuters-led polls said. Accordingly, the global economy might recover at a pace not seen since the 1970s. Several reasons...

India is offering incentives in cash to companies that contribute to the country's development. Targeting semiconductor companies, those that set up manufacturing units in India will be able to receive the incentive.  This plan is in line with the country's...

Despite a recession in nearly a quarter of a century, India might be coming back as the country with the fastest growing economy in 2021. The Organization for Economic Cooperation and Development (OECD) predicts the country's domestic product could perform...

NYSE is expected to continue its unstable trend this week (March 1 to 5) paying keen attention to the U.S. government bond rate trend. Investors are paying keen attention to whether rising U.S. government bond rates will turn the financial...

Financial institutions are now thinking strategically about their technical setup and questioning for better ones to use going forward. There are trends that will shape the financial services industry in 2021. 1. Modernizing dated core systems  2020 was a year...

Despite facing challenges at the domestic level, the U.S. economy is still the largest and most important in the world. The United States economy represents about 20% of total global output and is still larger than that of China. Moreover,...

Taiwan economy growth's record last year comes as a surprise to the world. With 2.98% economy growth in 2020, Taiwan beats China for the first time in 30 years. Taiwan's strong tech exports seem to have pumped the country's economy...

The United States recorded a huge loss of direct investment by foreign companies. Instead, direct investments by foreign companies are now shifting to China. With billions of foreign direct investments in, China easily becomes the world's largest recipient of foreign...

New investors in China are opting for the local stock market for their debut. China's dominance in the global market is attracting more new investors to opt for the mainland stock market. Accordingly, the market might not tumble easily even...