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The Latest Breaking News from Ant

Jack Ma, once Asia’s richest person, has seen more than half of his $61 billion fortune wiped out in the past 3 years

Beijing cracked down on the companies Ma founded after he publicly criticized Chinese regulators.

Fortune

What is the best North East TV show ever? Cast your vote and help us find a winner

We want to know what you think the best North East based TV show is of all time - cast your vote now

Chronicle Live

Ant Group Plans $78.5 Billion Buyback Amid Regulatory Obstacles

Billionaire-backed firm aims to retain talent and offer exit to affected investors.

Zenger

From analysis to the latest developments in health,
read the most diverse news in one place.

Chinese tech firms handed massive fines

BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

Bangkok Post

TUI appoints Ant and Dec as 'Happiness Ambassadors'

Their mischievous plans will be revealed

Bristol Post

Ant and Dec join TUI as 'Happiness Ambassadors'

Their mischievous plans will be revealed

Wales Online

Man who has Phillip Schofield tattoo on bum says he has 'no regrets'

The dad got both Phillip Schofield and Holly Willoughby tattooed on his bum as a friend had both Ant and Dec

Irish Mirror

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Bryton Gardia R300L Rear Light & Radar review

A very neat little unit that combines a rear light and radar to keep you better informed about traffic

Cycling Weekly

‘We in the west were blinded’: China crackdown on business has Maoist roots

‘Anti-spying’ raids on consulting firms and attacks on tech companies are being driven by party ideology, says academic Chris Marquis

The Guardian - UK

Weekly Must-Read: Top Chinese Digital Banks Report More Bad Loans but Higher Earnings

Ant-backed MYbank and Tencent-backed WeBank disclose higher nonperforming loan ratios amid the pandemic yet liquidity metrics remain healthy

Caixin Global

The 10 players Manchester United should sell to generate £150m for transfers

With at least two key signings wanted and Erik ten Hag keen to improve the squad depth, outgoings have to break double figures at Man United this summer.

Manchester Evening News

3 Chinese Stocks Taking a Hit Amidst Regulatory Crackdowns in China

The regulatory tightening in China, which started in late 2020, intensified in terms of duration and scope. The Chinese government issued antitrust and antimonopoly laws, putting significant pressure on stocks. Hence, investors could consider avoiding fundamentally weak Chinese stocks The9 Limited (NCTY), Recon (RCON), and ZW Data (CNET), which are…

StockNews.com

Phil Tufnell reveals why he's returning to I'm a Celebrity after 20 years

Phil Tufnell returns to the jungle — but this time it's for I'm a Celebrity South Africa.

WhatToWatch

I'm A Celeb All Stars first twist exposed as 'SIX bombshell arrivals join as latecomers'

The first twist on I'm A Celebrity All Stars is said to be the arrival of six more memorable campmates who will battle to become the first I’m A Celebrity Legend

Daily Mirror

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Financial Times

China truce with business — for now

Worried about decelerating growth, Xi Jinping has launched a charm offensive to convince investors the country is open for business

The Independent UK

China e-commerce giant Alibaba outlines future strategy

The CEO of Chinese e-commerce and financial giant Alibaba says the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to unlock the value of its sprawling businesses

Caixin Global

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

The Guardian - UK

‘A lifeline’: mental health camps bring peace of mind to thousands in rural Assam

India’s severe shortage of mental health professionals and treatment funding leaves many patients without options. But a pioneering programme is working to get lives back on track

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news in one place.

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The New Daily

China billionaire gives up control of Ant Group

One of China's richest men Jack Ma will give up control of the company he founded after a regulatory crackdown. Mr Ma, who started online marketplace

Al Jazeera

Billionaire Jack Ma to cede control of China’s Ant Group

Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.

Bangkok Post

Billionaire Jack Ma chills in Bangkok

Billionaire Alibaba founder Jack Ma has been chilling in Bangkok this week amid reports that he is taking more steps to scale back his personal involvement with his online empire.

The Independent UK

Chinese regulators approve capital expansion for Ant Group

Chinese regulators have said e-commerce giant Alibaba’s finance affiliate Ant Group can raise $1.5 billion for its consumer finance unit in an important step forward after the government called off a planned IPO two years ago and ordered the firm to restructure

Daily Mirror

I'm A Celebrity's Babatúndé shares Celeb Gogglebox behind-the-scenes secrets

Babatúndé Aléshé has dished the dirt on what actually happens when he sits down to film Celebrity Gogglebox with Mo Gilligan and the revelations may just shock y

Bangkok Post

Ant digital bank expands in Singapore with small business loans

Ant Group Co’s Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.

Financial Times

What the eclipse of Tencent by a liquor company says about Xi’s China

Kweichow Moutai has overtaken the tech group in market capitalisation thanks to the whims of one man

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