Chinese Regulators Try to Get Jack Ma's Ant Group to Share Consumer Data
Beijing is trying to get Jack Ma to do something the beleaguered billionaire has long resisted: share the troves of consumer-credit data collected by his financial-technology behemoth.
Indonesia Sells $4.2 Billion of Bonds
Indonesia sold $4.2 billion worth of dollar- and euro-denominated bonds, including its second issuance of 50-year bonds in less than a year, as it took advantage of low global interest rates to lock in cheap long-term funding.
CoinDesk Buys TradeBlock, Joining Rush for Bitcoin Analytics
The deal indicates the surging demand for data and indexes used to track and trade cryptocurrencies.
Fed's Evans: Don't Mitigate Bubble Risks With Monetary Policy
Federal Reserve Bank of Chicago President Charles Evans pushed back Tuesday against the notion that changing the ultra-easy monetary policy stance of the Federal Reserve can reduce the risk it creates financial instability.
Commercial Chapter 11s Rose Last Year as Personal Bankruptcies Dived
The number of chapter 11 business bankruptcies climbed even as plunging consumer bankruptcies kept overall U.S. filings at their lowest level since 1986.
Miami Attracts More Finance Firms
City's tax advantages, flight connections to New York and cosmopolitan flair are bringing in new tech and finance businesses.
2020 SPAC Boom Lifted Wall Street's Biggest Banks
Credit Suisse, Citigroup and Goldman Sachs led underwriting of so-called blank-check companies, while Morgan Stanley, JPMorgan Chase and Bank of America also increased their activity.
Peak Rock Capital Aims for Sweet Spot With Shipley Do-Nuts
The private-equity firm will take a majority stake in the family-owned doughnut chain. The investment is the company's first outside capital.
NYSE Takes Heat After Flip-Flop on Chinese Companies
Some investors felt whiplash from the moves; the three telecom stocks-China Mobile, China Telecom and China Unicom (Hong Kong)-have gone on a wild ride.
How Much Debt Is Too Much?
The pandemic will leave Western nations carrying the biggest public-debt pile as a percentage of gross domestic product since World War II. To deal with it, they will need a better grasp of inflation.
(END) Dow Jones Newswires
01-06-21 0015ET