The continued rise of the dollar is one of the most surprising success stories of the markets this year. And that’s usually a bad sign for stocks. Read More
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This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. On Monday, we learned that China’s economy roared back to a pre-pandemic growth rate of 6.5% in the final quarter of last year, pushing expansion for the full year to 2.3%. That […]
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As AT&T executes the largest strategic transformation in the Fortune 500, some of what the naysayers warned of is coming true. The company is mutating from a phone business into a giant media conglomerate, having bought DirecTV in 2015 for $67 billion and then Time Warner in 2018 for $109 billion. The vision was for […]
Stax CEO Suneera Madhani has built fintech’s latest unicorn
Subscription payments processor Stax reached a $1 billion valuation following a $245 million funding round. Read More