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U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.Read More...
China may have to brace for a new wave of bond defaults, S&P says
China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.Read More...
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.Read More...
Philippines orders removal of Binance from Google and Apple app stores
The Philippines' Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.Read More...
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
One's expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail.Read More...
Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.Read More...
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