Financial Services

Shanghai gets automated bank with VR, robots, face scanning

Apr 23, 2018

Shanghai gets automated "unmanned bank" equipped with facial recognition software, a virtual reality room and talking robots

Troubled Chinese insurer receives government bailout

Apr 4, 2018

The troubled Chinese insurer that owns New York City's Waldorf Hotel says it is receiving a $9.6 billion bailout from a government-run fund to shore up its finances

Chinese state TV shows insurance tycoon admitting guilt

Mar 29, 2018

Chinese state TV has shown the founder of the insurance company that owns New York City's Waldorf Hotel confession his guilt at a trial on fraud and other charges

Chinese insurance tycoon on trial on financial charges

Mar 28, 2018

The founder of the Chinese insurer that owns New York City's Waldorf Hotel is on trial on charges he fraudulently raised $10 billion from investors and abused his position to enrich himself

Prosecutors: Chinese insurance boss tried on finance charges

Mar 28, 2018

Prosecutors say founder of Chinese insurer that owns New York City's Waldorf Hotel on trial charged with financial misconduct

Prosecutors say chairman of one of China's biggest insurers goes on trial following company's seizure by regulators.

Mar 28, 2018

Prosecutors say chairman of one of China's biggest insurers goes on trial following company's seizure by regulators.

China's new central banker pledges to rein in financial risk

Mar 25, 2018

China's new central banker pledges sweeping steps to rein in financial risks

Global shares mixed as investors watch Facebook, Fed

Mar 20, 2018

Global shares mixed as investors watch Facebook shares and ahead of Federal Reserve meeting

Asian shares track US tech slump, focus on Fed meeting

Mar 20, 2018

Asian shares skid following Wall St decline after Facebook reported its worst loss in four years

Indonesia faces challenge to seizure of yacht wanted by US

Mar 19, 2018

Indonesian police say a luxury yacht seized as part of a U.S. probe into the alleged multibillion-dollar theft of funds from a Malaysian state investment company has not been handed over to the U.S. because of a legal challenge from its owner

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