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Wang Cong, a professor of finance at China Europe International Business School, said SPD Bank's expansion into London makes sense. The fact a large portion of London's financial transactions serve international markets makes it a suitable location for SPD Bank from which to serve its clients' international activities.

Wang Haibao, CEO of Beijing Hande Donghui Asset Management, said that, in disposal of NPA, the company focuses on the diversified and flexible structures of non-performing loan transactions, mutually beneficial financing structures and professional, accurate judgment on underlying assets value against non-performing loans.

WASHINGTON -- The expiration of enhanced federal unemployment insurance benefits on Friday will be a "significant hit" to the fragile US economic recovery from the pandemic as roughly 30 million unemployed Americans will lose a crucial financial lifeline, economists have said.

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WASHINGTON — A military judge on Friday set a date in early 2021 for the start of the long-stalled war crimes trial of five men being held at the Guantanamo Bay prison on charges of planning and aiding the Sept 11 terrorist attacks.

Wal-Mart’s?new service, which will cost customers a year, is expected to roll out this summer, according to The Associated Press.?At that price, it will cost half as much as the subscription fee that Amazon charges, but at least initially, it won’t offer?as many features as Amazon Prime.

WASHINGTON -- US Georgia state's Fulton County District Attorney Paul Howard on Wednesday announced 11 charges, including felony murder, against Garrett Rolfe, the former Atlanta police officer who fatally shot Rayshard Brooks last week.

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WASHINGTON -- US and Canadian fighter jets on Thursday intercepted Russian bombers off the coast of Alaska, according to the North American Aerospace Defense Command (NORAD).

WELLINGTON -- Both Chinese nationals injured in New Zealand's White Island volcanic eruption have recovered consciousness and are in stable condition, an official from the Chinese embassy told Xinhua on Saturday.

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WASHINGTON -- U.S. Democratic leaders on Tuesday asked Senate Majority Leader Mitch McConnell to restart negotiations on a new COVID-19 relief package this week as confirmed cases are surging across the country.

WASHINGTON -- US Vice-President Mike Pence and his wife have both tested negative for the coronavirus, his spokesperson said on Saturday.