China's Anti-corruption Watchdog Involved In Probe Of Jack Ma's Ant - Bloomberg News

China’s Anti-corruption Watchdog Involved In Probe Of Jack Ma’s Ant – Bloomberg News

(Reuters) – The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma’s Ant Group and state-owned Chinese companies, Bloomberg News reported on Wednesday. The Central Commission for Discipline Inspection (CCDI) was seeking to understand the influence of Ma’s fintech empire and the extent of…

Read More
IMF Board Approves New Trust To Help Members Deal With Climate Change, Pandemics

IMF Board Approves New Trust To Help Members Deal With Climate Change, Pandemics

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s executive board on Wednesday approved creation of a new facility to help low-income and most middle-income countries deal with longer-term challenges such as climate change and pandemics. IMF Managing Director Kristalina Georgieva announced approval of the new Resilience and Sustainability Trust in a statement after the…

Read More