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Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

1dBusiness InsidereconomicsImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

16hBusiness InsidereconomicsImpact

China, Canada poised to reset trade ties after Trump’s tariffs force rethink

Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...

1dSouth China Morning PostPoliticsImpact

Hong Kong corporate governance activist David Webb dies at 60

David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic p...

1dSouth China Morning PosteconomicsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

2dSouth China Morning PosteconomicsImpact

Zcash Foundation Says SEC Ends Investigation With No Enforcement Action

The Zcash Foundation is the latest crypto organization to say the SEC has backed off, joining the likes of Coinbase and Ripple....

18hDecryptcryptocurrencyImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

23hBusiness InsidereconomicsImpact

Can Europe rebuild its strength to trade with China without fear?

China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...

2dSouth China Morning Posteconomics

Microsoft, Meta, and Amazon are paying up for ‘enterprise’ access to Wikipedia

Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...

3hThe VergeTechnologyImpact

Microsoft scrambles to quell fury around its new AI data centers

It looks like the wave of campaigns against data centers are getting under big tech companies' skin - and Microsoft is the latest giant to promise to address frustrations on the ground in communities ...

1dThe VergeTechnologyImpact

PC shipments just grew unexpectedly amid RAM shortages

Lenovo is the top PC manufacturer worldwide. The PC market is bracing for a turbulent year ahead , but shipments managed to exceed expectations in the recent holiday quarter. IDC reports that shipment...

1dThe VergeTechnologyImpact

Bitmine’s Ether holdings reach 4.17M as chairman pushes expanded crypto strategy

The latest purchase boosted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....

2dCoinTelegraphcryptocurrencyImpact

61 million passenger trips at Hong Kong airport in 2025, up 15% year on year

Passenger trips at the Hong Kong International Airport reached 61 million in 2025, marking a 15 per cent year-on-year increase, after a full year of operation with the facility’s third runway. The Air...

7hSouth China Morning Postworld_newsImpact

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

2dSouth China Morning Postworld_newsImpact

Beijing launches antitrust investigation into Trip.com ahead of Lunar New Year break

China has opened an antitrust investigation into Trip.com Group, the country’s largest online travel services provider, weeks before hundreds of millions of people on the mainland go away on holiday d...

23hSouth China Morning PosteconomicsImpact

Russian oil firm says it will keep its Venezuela assets after US military operation

Russia and Venezuela maintain a strategic partnership spanning energy, defense, and diplomacy. Yuri Cortez/AFP/Getty Images Russia's state-owned Roszarubezhneft says its Venezuelan oil assets belong t...

1dBusiness InsiderPoliticsImpact

Meta’s metaverse layoffs apparently include some of its VR studios

Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...

1dThe VergeTechnologyImpact

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

1dThe VergeTechnologyImpact

Alibaba, JPMorgan said to invest in Chinese chip designer Montage’s Hong Kong listing

Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar wi...

22hSouth China Morning Posteconomics

Economic confrontation biggest threat to global stability in 2026, World Economic Forum report says

Geoeconomic confrontation — ranging from sanctions to tariffs — is the top threat, found the World Economic Forum (WEF)'s Global Risks Report on the eve of its annual meeting gathering the world's bus...

1dEuronewseconomicsImpact
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