Friday, December 3, 2021

Some citizens are skeptical of China's digital yuan, e-CNY, preferring Alipay and WeChat Pay; e-CNY has seen 150M transactions worth nearly $10B so far (James T. Areddy/Wall Street Journal)

James T. Areddy / Wall Street Journal:
Some citizens are skeptical of China's digital yuan, e-CNY, preferring Alipay and WeChat Pay; e-CNY has seen 150M transactions worth nearly $10B so far  —  Policy makers world-wide are watching to see how Beijing goes about replacing cash  —  China has convinced financial policy makers everywhere …



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Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught in this week's selloff, as Samsung and SK Hynix tumble (Song Jung-a/Financial Times)

Song Jung-a / Financial Times : Tens of millions of South Korean retail investors, the market's biggest buyers in 2026, were caught i...