Latest in China’s Cash Strapped
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Early Revolut investors cash out at least $300mn in share sale
Buyers of UK fintech’s stock include wealthy Goldman Sachs clientsWorld - Financial Times - Yesterday -
Formula for Power in Modi’s India: Cash, Detentions and Luxe Resorts
With a tactic known as “resort politics,” Prime Minister Narendra Modi’s party has been accused of using brute force to take over Indian state governments.World - The New York Times - Yesterday -
Former Wales football star faces fresh cash claims
Up to 70 parents and businesses now allege that they have lost money to Natasha Harding.Top stories - BBC News - Yesterday -
Homeless people to be given cash in first major UK trial to reduce poverty
Led by King’s College London, study will recruit 360 people in England and Wales to explore benefits of scheme. Researchers are conducting the UK’s first major scientific trials to establish ...World - The Guardian - 9 hours ago -
Lib Dems would vote down Budget that contains indyref cash
Leader Alex Cole-Hamilton says the Scottish public "are done with the constitution" and spending must focus on other issues.Top stories - BBC News - 1 hour ago -
Mixed news on China’s stimulus
And regional banks as a Trump tradeWorld - Financial Times - November 11 -
To China, Trump is ‘poison’
To the dismay of Chinese leaders who already had to deal with Trump for four years, they have not gotten the preferred outcome and are not looking forward to another term.Politics - The Hill - November 13 -
China’s economy braces for Trump
Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?World - Financial Times - 4 days ago -
Labour MPs urge Keir Starmer to clarify stance on non-cash slavery reparations
No 10 says issue is off the table for Commonwealth summit but other nations are prepared to defy UK. Labour MPs have urged Keir Starmer to clarify his government’s position on non-cash reparations ...World - The Guardian - October 25 -
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.Business - CNBC - October 28 -
Second gambler admits trying to cash in on scheme involving ex-NBA player Jontay Porter
A Pennsylvania man has pleaded guilty in a sports betting scheme that ended Toronto Raptors forward Jontay Porter’s NBA careerSports - ABC News - October 30 -
This common mistake can tank a salary negotiation in minutes, says hiring expert: 'It looks like a cash grab'
Whether you want 10% or 50% more than what was offered, you need to justify why you're worth it, says Adam Broda, a senior manager at Amazon.Business - CNBC - November 1 -
Russia Showers Cash on Men Enlisting in Ukraine War, Bringing Prosperity to Some Towns
With fewer men willing to fight, Russia is focusing on cash incentives for those who sign up, seeking to avoid an unpopular draft while still increasing the ranks of soldiers.World - The New York Times - November 2 -
Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.Business - CNBC - November 4 -
Thames Water lenders call for more backers for £1.5bn rescue cash – business live
Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...World - The Guardian - November 4 -
Yields on cash are still 'well ahead of inflation,' expert says. Here's where to put your money now
Even with a new interest rate cut announced by the Federal Reserve, experts say investors can still expect competitive returns on cash.Business - CNBC - November 8 -
Cade Cunningham follows up game-winning bucket with game-saving block as early stockholders keep cashing in
Cunningham has notched three straight triple-doubles and is off to the best start of his careerSports - CBS Sports - November 9 -
Warren Buffett’s growing cash hoard makes stock-market bulls nervous. Should it?
Stock-market investors are desperately trying to separate the signal from noise when it comes to Warren Buffett’s latest portfolio moves.Business - MarketWatch - November 11 -
University cash crisis to get worse despite tuition fee rise, regulator says
More than three quarters of universities are expected to face financial problems next year.Top stories - BBC News - November 15 -
Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee
A tech consultant charged with murder in Cash App founder Bob Lee’s stabbing death has sparred with the lead prosecutor at trialTech - ABC News - November 14 -
Tech investor Xavier Niel urges Europe’s AI start-ups not to cash out
French billionaire warns that if region misses AI boom it will be ‘a very small continent abandoned for a few generations’Business - Financial Times - November 17 -
A look at Saquon Barkley contract incentives with Eagles and how close star RB is to cashing in on big season
Barkley needs just 153 more rushing yards to hit his first incentiveSports - CBS Sports - November 17 -
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CFPB expands oversight of digital payments services including Apple Pay, Cash App, PayPal and Zelle
The most popular apps covered by the rule collectively process more than 13 billion consumer payments a year, the CFPB said.Business - CNBC - 2 days ago -
CFPB expands oversight of digital payments services including Apple Pay and Cash App
The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps.Top stories - NBC News - 3 days ago -
Poor nations may have to downgrade climate cash demands, ex-UN envoy says
Rich country budgets are stretched amid inflation, Covid and Ukraine war, Mary Robinson tells Cop29. Poor countries may have to compromise on demands for cash to tackle global heating, a former UN ...World - The Guardian - 2 days ago -
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that’s likely to increase tensions over overlapping territorial claimsWorld - ABC News - November 10 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
China fright ups the stakes for AstraZeneca
Pharma group needs some good news to ease investors’ nervesWorld - Financial Times - November 7 -
The ideology behind Xi Jinping’s China
How Marxist-Leninist theory still shapes policy in BeijingWorld - Financial Times - November 14