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PayPal"s local wallet in China to focus on cross-border payments, CNBC reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
How PayPal Plans To Find Ground In China"s Payments Market Dominated By Alibaba, WeChat Parent Tencent
PayPal Holdings Inc (NASDAQ: PYPL) is planning to launch a local wallet in China that will focus on cross-border payments, CNBC reported on Monday citing Hannah Q read more.....»»
China Top Diplomat Warns Biden Not To Cross "Red Line" Of Interests
China Top Diplomat Warns Biden Not To Cross "Red Line" Of Interests.....»»
Borderlands: Toyota Begins Production At New Tacoma Plant; Fatal Shooting At Family-Owned Trucking Company
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. 0 read more.....»»
China halts LSE link over HK tensions - sources
China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, sources have told Reuters. David Pollard reports......»»
Exclusive: China halts British stock link over political tensions - sources
China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters......»»
China studying blockchain application for forex - regulator
China is studying the application of blockchain and artificial intelligence in cross-border financing with a focus on risk management, and will further liberalize its capital markets, a senior foreign exchange regulator said on Sunday......»»
Companies face a choice between Chinese money and their values
Backlash against the NBA sparked by a tweet in support of Hong Kong protesters shows how tricky it is to do business in China. A case study with the basketball league shows the difficult line companies must tread. Photo: Crystal Tai.....»»
Factbox: International tax faces biggest shake-up in decades under OECD plan
The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age......»»
Its leash lengthened, China"s yuan flirts with trade war role
China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe......»»
Study: High-speed rail into the mountains could generate more than $700M in economic benefits
The study examines what a new line could do in terms of getting cars off I-70 between Denver and the state’s most-visited resorts......»»
Aluminum Tariffs Lifted – Mexico-Based Riisa To Ramp Up Cross-Border Shipping To The U.S.
It may have gotten lost in the United States' trade war with China and immigration battle with Mexico, but President Donald Trump's steep tariffs on all imported steel and aluminum were lifted on May 17. read more.....»»
Rail Union Seeks U.S. Crews On Mexican Cross-Border Trains
Rail union workers are at odds with other members of the freight rail industry over how cross-border rail operations are run at Laredo, Texas. read more.....»»
Combined Russia, China Treasury Holdings Hit 9 Year Low As Foreigners Keep Dumping US Stocks
For the fifth month in a row, US total cross-border investment was an outflow (-$7.8bn) -Â the .....»»
China, Hong Kong homebuyers play cross-border musical chairs in Bay Area
An ambitious plan to transform the industrial towns of China's Pearl River Delta into a modern economic zone powered by new technology ventures has triggered a rush of cross-border property investments between Hong Kong and the mainland......»»
Canada Dumps Most US Treasuries In 8 Years, China Resumes Selling
Overall, U.S. total cross-border investment was an $8.1 billion outflow in March, consisting of: Foreign net selling of Treasuries at $12.5b Foreign net selling of equi.....»»
China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade......»»
Visa profit jumps, lower cross-border volume weighs on shares
Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher......»»
6-day Indian Army commanders" conference begins Monday; focus on China, Pak
Officials said a major focus of the conference will be to bolster the Army's overall operational preparedness along the nearly 4,000 km long border with China.....»»
UN: China"s African swine fever outbreak could cross borders
The U.N.'s Food and Agriculture Organization is warning an outbreak of African swine fever in China could jump the border to neighboring countries in Southeast Asia or the Korean Peninsula......»»