Payments
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away[BEIJING] A US$3 billion redemption crisis in eastern China is reviving concerns about the loosely-regulated...
Nissan seeks to delay supplier payments to free up cash, company emails show
[TOKYO] Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters,...
Coinbase launches stablecoin payments service for e-commerce
[NEW YORK] Coinbase Global is launching a platform designed to make stablecoins a go-to payment method for online transactions, a potentially big leap forward in the mainstream adoption of...
Chinese automakers pledge to make payments to suppliers within 60 days
Published Wed, Jun 11, 2025 · 12:45 PM[SHANGHAI] Most Chinese automakers have pledged to make payments to suppliers within 60 days, responding to regulatory pressure that followed a recent...
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
[SHANGHAI] Major Chinese car manufacturers have pledged to make payments to suppliers within 60 days, responding to a recent outcry from steelmakers over long payment times as well as...
Bridging Digital and Physical: Insights from Worldpay’s 2025 Global Payments Report
In the fast-moving world of global commerce, Worldpay's 2025 Global Payments Report delivers an essential snapshot of how technology, consumer behavior, and financial infrastructure are intersecting. Drawing from data...
FTX to distribute US$5 billion in next round of creditor payments
Published Fri, May 16, 2025 · 07:06 AM[NEW YORK] Advisers overseeing the bankruptcy of former cryptocurrency firm FTX are preparing to distribute another US$5 billion to company creditors, in...
ECB’s multi-trillion payments breakdown sends shudders through Europe
BANKS struggled to process payments on Friday (Feb 28), after an unprecedented day-long breakdown in the European Central Bank’s machine underpinning trillions of euros of money movements.
The ECB said...
