Latest: Fintech News

Four companies - automakers Nio and Geely, battery swap developer Aulton and state-owned oil producer Sinopec - plan to set up 24,000 swap stations by 2025, up from about 1,400 now

The deal consists of a placement of about $700 million worth of shares to its parent company JD.com and about $400 million in a primary share sale

NZME, which owns the New Zealand Herald, also said it was in discussions with Facebook parent Meta Platforms over various digital projects for next year

“We have concluded that a small percentage of customers – approximately 2.5% – have potentially been impacted," the firm's chief security officer said

The US and China may soon be locked in a recruitment battle for Taiwanese semiconductor talent as the world's most powerful nations bid to ramp up their computer chip capacity

In a note to shareholders, Fink said the war will push countries to reassess currency dependencies, and that BlackRock is studying digital currencies and stablecoins as client interest soars

In contrast, most emerging markets are not attracting as much investment as they should, based on their income levels, the study found