China plans to revamp finance, tech oversight
China plans to overhaul its financial regulatory system by consolidating aspects of the central bank and securities regulator under a new entity.
Cathay Pacific posts wider $834 million loss in 2022, remains upbeat on outlook
Cathay was badly hit by Covid-related flight cancellations, border closures and strict quarantine measures for crew, resulting in drastic headcount reductions.
BlackRock says the Federal Reserve could hike interest rates to a peak of 6%
BlackRock’s chief investment officer of global fixed income Rick Rieder wrote in response to Fed Chair Jerome Powell’s testimony before a Senate committee.
China logs nearly 40 million entry-exit trips in two months
Chinese citizens flocked to travel sites and airports after the country re-opened its borders, allowing people to take advantage of travel.
The Fed plans to keep hiking, but Australia is set to pause as it warns of recession risks
As Federal Reserve Chair Jerome Powell hints at bigger and possibly faster rate hikes ahead for the U.S., Australia’s central bank could be headed toward a different path.
‘Europe is very much open for you’: Germany backs EU membership bid of Russia’s neighbor Georgia
German Vice Chancellor Robert Habeck on Monday backed the European Union membership bid of Russia’s Caucasus neighbor, Georgia.
This woman gave up law to start a restaurant — and turned it into a successful street food chain
Indian street food chain Mowgli now has almost twenty branches across the U.K. Its founder, Nisha Katona, has some advice for women entrepreneurs.
One of Europe’s biggest banks is quickly rotating job roles to help women get to the top
The finance industry needs to be faster at getting women into management positions, according to Santander Executive Chair Ana Botin.
Biden to host EU chief as Europe hopes to avoid subsidy race with the U.S.
Both sides of the Atlantic have been embroiled in a trade dispute in the wake of Biden’s Inflation Reduction Act.
Singapore’s Sea Group turns profitable for the first time
Tech giant Sea posted a quarterly profit for the first time as the company pledged to move towards profitability last quarter.
