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If you've ever tried to pay with cash in China and been met with a blank stare — or worse, held up a line while the cashier scrambled for change — you're not alone. In 2025, digital payments aren't ...
Global ratings agency Fitch revised outlooks for China's five major state banks and China Merchants Bank to stable from ...
China Merchants Industry (CMI) is expanding its shipbuilding capacity by taking over compatriot Qingdao Yangfan Shipbuilding.
Several large Chinese banks improved their market capitalization in the first quarter, a gain that looks shaky amid the ...
President Donald Trump's new tariffs threaten to push up prices on clothes, mobile phones, furniture and many other products ...
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Morgan Stanley analyst Manan Gosalia lowered the firm’s price target on Merchants Bancorp (MBIN) to $40 from $45 and keeps an Equal Weight rating on the shares. The firm moved its midcap bank ...
China announced a 34% tariff on all products imported from the U.S. on Friday, escalating the trade war between the world’s two biggest economies. Combined with 20% in other levies that Trump ...
But that was before Trump’s sweeping tariffs — on China and other countries — went ... Goldman Sachs said in a note to clients today. The bank said portfolio managers mainly added bets ...