International

International
India’s GDP Shrinks 24 Pct In Second Quarter
August 31, 2020

India’s gross domestic product (GDP) fell by 24 percent in the second quarter (Q2) as the pandemic took its toll on the nation’s economy, according to a press release from the Ministry of Statistics & Programme Implementation (MOSPI). Get the Full Story Complete the form...

International
New China/US Cold War Fought Over X-Border Deals
August 31, 2020

Only a few decades ago, the Cold War was fought between the United States and the former Soviet Union by speeches, spying and the looming threat of nuclear annihilation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
With Travel Ban, Chinese Residents Flock To Amusement Parks
August 30, 2020

In China, a ban on traveling outside the country is still in effect due to the pandemic, causing Chinese theme parks to see a boom in activity, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and...

International
For China, Digital Yuan Sprinting Toward Olympics?
August 26, 2020

Let the digital currency games begin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

International
Chinese Tech Stocks Jump As Their Listing Market Eases Rules
August 24, 2020

Following the adoption of new rules intended to make it easier for companies to hold initial public offerings (IPOs), some Chinese technology companies newly listed on the ChiNext exchange board of the Shenzhen Stock Exchange soared on their first day of trading, CNN Business reported....

International
China’s Banks To Face First Profit Drop In 10 Years
August 24, 2020

China’s banks are not immune to the recession triggered by the COVID-19 crisis. Analysts and official data indicate that some of the country’s largest banks will soon show the first drop in first-half profits since the Great Recession. Get the Full Story Complete the form...

International
Nium Partners With TeleDolar In LATAM Expansion
August 24, 2020

Cross-border payments company Nium has partnered with TeleDolar, the Costa Rican FinTech platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

International
ByteDance Sues US Government Over Trump’s TikTok Ban
August 24, 2020

China-based ByteDance filed a lawsuit Monday (Aug. 24) to fight President Trump’s move to ban its video-sharing application, TikTok, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
August 24, 2020

Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...