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Exclusive: EU industry chief to dismiss fears strict security rules could delay 5G

European industrial policy chief Thierry Breton is set to dismiss claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China's Huawei.



5 years ago

Wealthy investors see nothing that will stop this relentless bull market

Millionaire investors have ditched their fears of a recession and are increasingly bullish on the economy and stocks at the start of 2020 trading, according to an E-Trade survey.

5 years ago

Why some life insurance could prove risky for consumers

Life insurance sales standards can be lax, and the complexity of many types of insurance could make it difficult to know if you're getting good advice.

5 years ago

EU industry chief dismisses fears strict security rules could delay 5G

European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China's Huawei.



5 years ago

Tesla moves a step closer to opening first European factory with German property deal

U.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday.



5 years ago

Hong Kong hits major fintech milestone as half the city’s population signs up for HKMA’s Faster Payment System

South China Morning Post | Enoch Yiu  | Jan 13, 2020 Hong Kong residents can expect to benefit from cheaper and better banking services with the launch of more virtual banks this year, according to high-profile speakers at the Asian Financial Forum. Their comments came as it was revealed the Hong Kong Monetary Authority has

5 years ago

Mexican official eyes stronger ties with China after U.S. trade deal

Mexico should move to deepen its economic ties with China after U.S. congressional approval of a new North American trade deal, a senior Mexican official said late on Saturday.



5 years ago

JPMorgan to buy Paris building to bring euro teams from London

U.S. bank JPMorgan Chase & Co said it plans to buy a building in central Paris to house up to 450 staff in coming years, as it relocates some services from London after Britain's exit from the European Union.



5 years ago

CEO says Bank of America aims to 'double' its U.S. consumer market share: FT

Brian Moynihan, the chief executive officer of Bank of America Corp , has said the bank could double its consumer market share in the United States despite fears about the power of the country's largest banking institutions.



5 years ago

Asia shares camp on high ground, oil up on Libya shutdown

Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.



5 years ago

A thousand EU financial firms plan to open UK offices after Brexit

More than a thousand banks, asset managers, payments companies and insurers in the European Union plan to open offices in post-Brexit Britain so they can continue serving UK clients, regulatory consultancy Bovill said on Monday.



5 years ago

Airbus unit to offer product to help airlines with revenue volatility

A subsidiary of Airbus , the world’s largest planemaker, is preparing to launch a financial product aimed at helping its airline customers hedge against risks to revenue, officials said.



5 years ago

IEA warns oil companies doing nothing on emissions is not an option

Oil and gas companies must boost investment in low carbon energies or face an increasing backlash that could threaten their long-term profits and social acceptance, the International Energy Agency (IEA) said on Monday.



5 years ago

Samsung Electronics appoints new mobile chief

Samsung Electronics, the world's top smartphone maker, said on Monday that it has named President Roh Tae-moon as its new mobile chief as part of a management shake-up.



5 years ago

Guoxuan says in talks with Volkswagen, hasn't reached binding agreement

Guoxuan High-Tech Co Ltd is in talks with Volkswagen AG for potential strategic cooperation in technology, product, and capital, the Chinese battery maker wrote in a company filing on Monday.



5 years ago