Second-hand car purchase led to 7 years of paying debt

11/28/2020

When project engineer David stumbled on the chance to buy a second-hand car without down payment, he felt that it was too good a deal to miss. David (not his real name) was earning about $4,500 a month and could not afford a new car, […]

China fintech giants scramble to rethink IPOs, raise capital

11/26/2020

BEIJING (BLOOMBERG) – Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. Mr Ma’s Ant Group is in talks with regulators about injecting capital into its micro-lending units just […]

COVID-19: Key points from Rishi Sunak’s spending review

11/25/2020

Chancellor Rishi Sunak has set out government spending plans and latest economic forecasts. Here are the main points: CORONAVIRUS SPENDING £18bn allocated to testing, PPE and vaccines next year and £3bn for the NHS plus over £2bn to keep transport arteries open, more than £3bn […]

The Pandemic Work Diary of a Podcasting Tech Editor

11/25/2020

Nilay Patel and The Verge are still reviewing gadgets and covering an industry, but with cameos from a Halloween-loving 2-year-old. Nilay PatelCredit…Tony Cenicola/The New York Times Supported by By Leigh-Ann Jackson Nilay Patel misses laughing at headline ideas and goofing around in the hallways of […]

Grant Robertson v Adrian Orr: Those letters, decoded

11/25/2020

Originally published by The Spinoff ANALYSIS: The New Zealand housing crisis, and how to tackle it, took epistolary form yesterday in letters from the finance minister and the Reserve Bank governor. We read between the lines. Yesterday the finance minister, Grant Robertson, penned a letter […]