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Jan.12 -- Thai Finance Minister Uttama Savanayana talks about the country's currency and the economy. He speaks on the sidelines for the Asian Financial Forum in Hong Kong with David Ingles on "Bloomberg Markets: Asia."...
The executive director of Human Rights Watch was denied entry to Hong Kong at the city’s airport on January 12, 2020. Kenneth Roth had been scheduled to hold a press conference in the city on January 15 to release the New York-based organisation’s “World Report 2020”. Human Rights Watch says this year’s annual report will focus on the Chinese government’s “assault” on the international human rights system. The report will instead be launched in New York on January 14....
(Bloomberg) -- India has more than 560 million internet users, all generating data by the terabyte. Soon they’ll have an unprecedented amount of control over their digital financial footprints, with the ability to decide what to share, with whom, and for how long.India’s top banks are getting ready to roll out a system that gives consumers access to a wide swath of their financial data and allows them to share it instantly. Backed by the Reserve Bank of India, it’s an ambitious approach that combines privacy protection with credit reporting: if it works, it could unlock the credit market for millions of Indians while offering new levels of data security and consumer control.India’s effort is one of a handful of initiatives around the globe to return control of data to consumers, notably with the “open banking” movement in Europe and Australia. India’s approach is unique -- it relies on third parties...
Covestro AG (ETR:1COV), which is in the chemicals business, and is based in Germany, received a lot of attention from......
Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The U.S. automaker delivered 146,473 vehicles in China in the fourth quarter, down 14.7% year-on-year, Ford said in a statement. Ford has been trying to revive sales in China after its business began slumping in late 2017....
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says......