Fintechs conquered payments in India. Now they’re eyeing credit
Fintech companies, the driving force behind the adoption of digital payments in India, are now focusing on offering credit to the underserved population.
Jamie Dimon joins bankers lobbying the UK ahead of its critical budget — here’s why they’re worried
Bankers are pressuring the British government ahead of its Autumn Budget, in which the newly minted leadership will lay out its fiscal plans for Britain.
CNBC Daily Open: Two market forces battle for dominance
Bond yields and oil prices keep investors’ attention ahead of key inflation data that could set the course for the Fed.
A Chinese humanoid startup flips ‘distillation’ claim on OpenAI as it releases a new robotics model
Ant-backed startup JoyIn’s CEO published an article in Chinese that raised questions about similarities between his company’s new model and OpenAI publications.
China’s wealthy brace for a widening tax net as Beijing closes in
Beijing’s recent push to tax offshore wealth may be only the opening phase of a broader campaign that could eventually reach overseas properties, inheritances.
Modi and Xi are set to meet at BRICS with trade and border issues in spotlight
A meeting with Prime Minister Narendra Modi would be the clearest test yet of the tentative post-2020 reset between Asia’s two largest economies.
China-Philippines tensions simmer after Beijing rebukes Manila over Seoul clash
China and the Philippines have been locked in years of tension over their competing claims in the South China Sea, with friction intensifying in recent months.
CNBC Daily Open: ‘Welcome to Foldables’ Samsung roasts Apple for being late to party
Samsung trolls Apple’s foldable debut; oil back above $100, pushing the Fed toward a hike next week.
California enacts new curbs on social media for children
California enacted laws restricting addictive social media features for under-16s and banning AI companion chatbots in toys.
Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy
Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House’s top economic advisor, his disclosure shows.
