International

International
Pakistan Cites New Transfer Rules In Remittances Boost
August 17, 2020

In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

International
Alibaba’s Ant Group Files Preliminary IPO Docs
August 14, 2020

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
China’s Retail Sales Of Consumer Goods Drop 1.1 Pct YOY
August 14, 2020

July retail sales of consumer goods dropped 1.1 percent year on year to arrive at 3,220.3 billion yuan, the National Bureau of Statistics of China reported on Friday (Aug. 14) in a statement. Get the Full Story Complete the form to unlock this article and...

Europe
COVID Hits UK Economy Harder Than Other Developed Economies
August 12, 2020

The impact of the coronavirus in Europe hit the United Kingdom (U.K.) especially hard. 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...

International
Mnuchin: Trump Is Serious About Action Against TikTok
August 10, 2020

Treasury Secretary Steven Mnuchin has come out against social media video-sharing app TikTok, saying in a CNBC interview on Monday (Aug. 10) that President Trump has decided it cannot be allowed to go on as it has been. Get the Full Story Complete the form...

International
Chinese Firms Scramble To Beat New US IPO Rules
August 10, 2020

Chinese companies are rushing to launch U.S. initial public offerings (IPOs) before newly proposed rules that would expose the companies’ audits to scrutiny by American regulators can take effect, Nikkei Asian Review reported Monday (Aug. 10). Get the Full Story Complete the form to unlock...

International
TikTok ‘Shocked’ By Trump’s Executive Order
August 07, 2020

In its first public statements about President Donald Trump’s executive order to ban TikTok, the Chinese company said it is “shocked” the edict was issued without due process. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

International
Tencent Stock Drops After Trump Bans WeChat
August 07, 2020

It didn’t take long for China’s market to react to President Donald Trump’s executive order banning WeChat. 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...

International
Trump Bans ByteDance’s TikTok, Tencent’s WeChat
August 07, 2020

Citing data security issues, President Donald Trump issued two executive orders Thursday night (Aug. 6) banning TikTok and WeChat from the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...