Credit easing in China has freed up hundreds of billions of dollars but banks are reluctant to lend to struggling private companies, leaving Chinese entrepreneurs high and dry
China’s government is taking other measures to stimulate economic expansion, including tax cuts and selective spending on infrastructure.
Yet this stimulus is likely to be less effective than before, given a much larger economy and years of rapid debt growth—making central bank action more important.
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Extra! Newspaper bidder flubs credit testMNG, owner of the Denver Post, is waving a “highly confident” financing letter from Oaktree to advance its hostile bid for publisher Gannett. Yet MNG isn’t clear if the debt specialist will even bother to lend it $1.7 bln. The tactic is as unconvincing as it is unconventional.
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5 ways bad credit can keep you from being a functional adultHaving bad credit won't just cramp your spending style – it might prevent you from getting a good mortgage or auto loan rate or even an apartment.
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It's 'show time' for Apple: News, video streaming and credit card with Goldman SachsFinally, the company gives a look into its streaming plan.
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Apple unveils new credit card: The Apple Card
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Apple Launches TV App, Credit Card, Subscription ServicesCEO Tim Cook said the new ‘Apple Card,’ developed with Goldman Sachs, would be available for signup via the iPhone. Apple also unveiled a TV service as well as subscription offerings for news and videogames.
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Apple And Goldman Sachs Are Launching A New Credit Card. Here Is What We KnowApple and Goldman Sachs are teaming up to launch a new consumer credit card. The move, expected to take place later this spring or early summer is their attempt to bolster waning sales in their core products which are iPhone sales and securities-trading, respectively. Here's what you need to know.
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The business of government surveillance in China could boost some tech firms: Credit SuisseThe business of government surveillance in China might boost some tech firms, especially those dealing with artificial intelligence, a Credit Suisse analyst said.
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Plenty of 'opportunities' for investors in robotics, Credit Suisse portfolio manager saysThere are untapped opportunities for investing in the robotics industry as barriers of entry are eased, says Angus Muirhead, senior portfolio manager for robotics at Credit Suisse.
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With iPhone sales slowing, Apple bets on video, gaming, news and a credit cardThe company takes on tech giants, Hollywood and banks
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