China probes small bank shareholdings as risk worries persist
China is sharpening its scrutiny of small banks’ shareholders amid fears that loans from the lenders to big investors could prove a weak point in…
Category: Business
U.S. could decide on licenses for companies to sell to Huawei by next week – Ross
The Trump administration could respond by next week to companies that have requested special licenses to sell to Chinese telecoms giant Huawei Technologies Co Ltd,…
FAA hopes global regulators simultaneously approve Boeing 737 MAX to fly again
The U.S. Federal Aviation Administration hopes civil aviation authorities around the world will decide at about the same time to allow the Boeing 737 MAX…
Amazon, Walmart, Ikea targeted in University of California light bulb lawsuits
Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the “existential threat”…
China’s service sector activity grows at slower pace in July: official PMI
China’s services sector activity grew at a slower pace in July, an official survey showed on Wednesday, heaping pressure on Beijing which is counting on…