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Stellantis China Jeep joint venture to file for bankruptcy
Stellantis China Jeep joint venture to file for bankruptcy
by  AFP

A Chinese joint venture producing Jeep SUVs for Stellantis will file for bankruptcy, the European carmaker said Monday, after its chief executive complained earlier this month political tensions with the West were affecting the business environment.

Hong Kong to explore legalising crypto for retail investors
Hong Kong to explore legalising crypto for retail investors
by  AFP

Hong Kong is "back in business" and exploring whether to legalise crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub's image. In contrast to mainland China where crypto has been all but banned, Hong Kong is looking to relax regulations and claw back some of the business that has left.

Markets rise on rate hopes ahead of Fed decision
Markets rise on rate hopes ahead of Fed decision
by  AFP

Most markets rose Monday ahead of a crucial Federal Reserve policy meeting later in the week, with investors hoping for a less hawkish tilt in their plans for interest rates. "And investors are entirely focused on these U-turns as peak rates get priced in.

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