compliance
China bans banks from selling deposit products on third-party internet platforms
[BEIJING] China's banking and insurance regulator on Friday banned commercial banks from using third-party internet...
Chinese regulators to push tech giants to share consumer credit data: sources
[HONG KONG] China plans to push tech giants including Ant Group, Tencent and JD.com to share consumer loan data to...
South-east Asia still a sweet lure for Ant's portfolio companies
SUBSCRIBERSCHINA'S reported probe into the investments of Ant Group is more likely to be centred on its homeground for now, and...
FTSE Russell could delete more Chinese firms after US bolsters executive order
[SHANGHAI] Global index publisher FTSE Russell said it may delete more Chinese companies from its global benchmarks...
Breach of confidentiality
SUBSCRIBERSLYNN is an investment officer at a boutique fund management outfit in downtown Raffles Place. She has an advisory...
Ant considers holding company with regulation similar to bank: sources
[BEIJING] Jack Ma's under-seige Ant Group is planning to fold its financial operations into a holding company that...
Trump administration bolsters order barring US investment in Chinese firms
[WASHINGTON] The Trump administration on Monday strengthened an executive order barring US investors from buying...
Indian farmers agree to meet government over contentious farm laws
[NEW DELHI] Leaders of Indian farmers'unions have agreed to meet ministers on Tuesday, possibly paving the way for a...
China central bank urges Ant Group to set 'rectification' plan swiftly
[BEIJING] China's central bank urged Ant Group on Sunday to outline a concrete plan as soon as possible to meet...
Concord International Hospital ordered to stop healthcare services for lapses in patient safety
[SINGAPORE] Concord International Hospital (CIH) was ordered to temporarily stop the provision of all healthcare...
China could restrict bank tie-ups with fintech platforms, official suggests
[BEIJING] China's former finance minister Lou Jiwei suggested that China could restrict the number of banks a single...
BREAKING NEWS
Yellen says aid to jobless, small firms 'biggest bang' for buck
[WASHINGTON] Janet Yellen told lawmakers Tuesday that help for the unemployed and small businesses would provide...
China defends early actions on Covid-19 after panel report
[GENEVA] China on Tuesday defended its early actions taken to fight the Covid-19 outbreak, saying that it...
GM, Microsoft lead US$2b round for self-driving startup
[DETRIOT] General Motors and Microsoft are leading a US$2 billion investment round in self-driving car startup...
FedEx to cut up to 6,300 jobs in Europe on TNT integration
[MEMPHIS] FedEx is planning to cut as many as 6,300 jobs in Europe as the courier completes the process of...
US: Wall St opens higher ahead of Yellen speech, spotlight on earnings
[NEW YORK] Wall Street's main indexes rose on Tuesday after upbeat earnings from big US banks and Halliburton, while...
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