Tag: Chinese central bank


Chinese regulators consider AliPay and WeChat antitrust probe

August 4, 2020

Via: Banking Technology

According to Reuters sources, the State Council has gathered evidence on the two firms for more than a month. It plans to investigate whether the payments giants have used their dominant market position to prevent competition from gaining a significant […]

Activity, Trading

Stocks set fresh records as new year kicks off

January 2, 2020

Via: Market Watch

U.S. stock indexes surged on the first trading day of 2020, with bulls looking to build on the best year for the S&P 500 since 2013 as global equities rallied following a move by China’s central bank aimed at stimulating […]