Latest News on private equity markets

A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of Borrowers

A $7 Credit Limit: Jack Ma’s Ant Lures Hundreds of Millions of Borrowers

Morningstar | Stella Yifan Xie | Dec 8, 2019 By offering as little as a few bucks at a time to new borrowers, a microlending business of Chinese technology giant Ant Financial Services Group has quietly swelled into one of China's largest providers of personal credit lines. The microlender is called Huabei, which means "just

6 years ago
SoftBank's Son says Japan should make AI mandatory subject for college students

SoftBank's Son says Japan should make AI mandatory subject for college students

SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday Japan should make artificial intelligence (AI) a mandatory subject for college entrance exams, to counter the yawning gap with the United States and China in the nascent field.



6 years ago
Oil hovers near three-month high on trade optimism, supply cuts

Oil hovers near three-month high on trade optimism, supply cuts

Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest economies.



6 years ago
Goldman Sachs says it will support 'green' initiatives more forcefully

Goldman Sachs says it will support 'green' initiatives more forcefully

Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income.



6 years ago
Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT

Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT

The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker.



6 years ago
Some advisors look beyond clients' assets when giving investment advice

Some advisors look beyond clients' assets when giving investment advice

While certain investors might share some commonalities, they also bring a variety of circumstances and financial individuality to the table that some advisors sort through before handing over investment advice.

6 years ago
Oil rises on U.S.-China trade hopes, still below three-month highs

Oil rises on U.S.-China trade hopes, still below three-month highs

Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China announced last week, but prices remained below the previous session's three-month highs.



6 years ago
Boeing will halt 737 production in January, following two fatal MAX crashes

Boeing will halt 737 production in January, following two fatal MAX crashes

Boeing Co said on Monday it will halt 737 commercial production in January as the grounding of its best-selling MAX following two fatal crashes within five months looks set to last well into next year, a move that could hit its global supply chain and the U.S. economy.



6 years ago
Mexico, U.S. seek to dispel tension over labor tweak to trade deal

Mexico, U.S. seek to dispel tension over labor tweak to trade deal

The U.S. and Mexican governments on Monday sought to defuse a controversy over Washington's plan to monitor Mexican labor standards under a new regional trade deal, with Mexico saying it was satisfied by U.S. assurances it was not sending inspectors.



6 years ago
Netflix's Asia-Pacific business has biggest gains over the past three years

Netflix's Asia-Pacific business has biggest gains over the past three years

Streaming giant Netflix is accelerating its growth overseas, with its Asia-Pacific business recording the biggest membership and revenue gains among all regions over the past three years.



6 years ago
As Brazilian payment apps multiply, some warn of a shakeout

As Brazilian payment apps multiply, some warn of a shakeout

Banking apps backed by SoftBank Group Corp, China's Tencent Holdings Ltd and others are proliferating in Brazil, offering such a dizzying array of choices that skeptics say a shakeout looks increasingly inevitable.



6 years ago
One-third of credit card users have debt due to medical costs. These steps can help you manage those bills

One-third of credit card users have debt due to medical costs. These steps can help you manage those bills

Millions of Americans are getting socked with surprise medical bills. And many are turning to their credit cards because they have no other way to pay. These steps can help you get out from under the weight of those debts.

6 years ago
Stocks rally on preliminary U.S.-China trade deal, oil rises

Stocks rally on preliminary U.S.-China trade deal, oil rises

Global stock markets rallied on Monday, pushing Wall Street's three major indexes and a global gauge of equity performance to record highs after a preliminary U.S.-China trade deal pointed to stronger world growth, helping to lift oil prices.



6 years ago
Wall Street sets records anew on trade deal boost

Wall Street sets records anew on trade deal boost

Wall Street stocks notched record closing highs on Monday as cooling trade tensions between Washington and Beijing and upbeat economic data from China boosted investor sentiment.



6 years ago
What to expect from social fundraising world in 2020

What to expect from social fundraising world in 2020

FundRazr | Mira Soullen | Dec 16, 2019 FundRazr is a free enterprise-class crowdfunding platform and the secret sauce behind 160,000 fundraising campaigns in 40+ countries. FundRazr is laser-focused on eliminating the guesswork of raising money online making it effortless and effective.  What to Expect from the Social Fundraising World in 2020 Things are constantly

6 years ago