China Merchants Bank

PingPong Among First Asian Payment Firms to Support Wero Transactions

Global payment platform PingPong recently announced it will be among the first Asian payment companies to support business use of Wero. In October this year, Wero will launch its To B payment service. After launch, businesses will be able to access this unified European digital payment service via PingPong, reaching 250 million European users.

Trump Has Issued Tariff Threats to 14 Countries

On July 7, local time, U.S. President Donald Trump announced on social media that he had sent tariff letters to multiple countries. As of now, he has issued the latest tariff threats to 14 countries.

People's Bank of China Announces Reserve Requirement Ratio and Interest Rate Cuts

People's Bank of China has rolled out a package of monetary policy measures to stabilize the market and expectations

Temasek-Backed Asset Manager Expands to Abu Dhabi, Strengthening Global Footprint

Tesla Set to Enter Saudi Market with Riyadh Launch Event

Dumpling Xi Expands Overseas: Grand Opening of New York Flushing Store

U.S. and Russia to Hold Talks on Russia-Ukraine Ceasefire Details in Jeddah on the 23rd

Saudi Arabia’s GDP Maintains Growth, Led by the Non-Oil Sector

Kingdee Expands into the Middle East with Qatar Office Launch

NIO Launches First Middle East Battery Swap Station in Abu Dhabi

Ferromex Returns to Mexican Bond Market with Two-Part Issuance

On March 1, 2025, Mexican railway operator Ferromex announced its return to the Mexican bond market with a two-part bond issuance scheduled for May.

WALOVI Enters Saudi Market, Accelerating GPHL’s Global Expansion

JD Logistics and Chery Automobile Forge Middle East Auto Parts Hub

JETOUR T1 Makes Its Global Debut in Saudi Arabia, Launching an Urban Light Off-Road SUV

Saudi Arabia to Host the 2029 Asian Winter Games, Creating a Snowy Future in the Desert

Brazil Plans to Tax Dividends of Low-Tax Enterprises, Raising Concerns Over Fiscal Balance

February 17, 2025 – Dario Durigan, Executive Secretary of the Brazilian Ministry of Finance, announced that the government is advancing income tax reform, proposing to tax dividends received by shareholders of enterprises with tax rates significantly below the national average.

Robin Li Discusses Innovation at World Government Summit in Dubai

ROX Motor Makes Debut at Saudi LEAP Exhibition, Surpasses 200 Orders on Day One

Lenovo Partners with IBM to Drive AI Development in the Middle East

Vietnam's Economic Growth in 2025: Enterprises as the Key Driver