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Number of debit cards fell 11% year-on-year in June

Friday, August 23, 2019, 9:57 AM

The number of debit cards in circulation dropped over 11% between June 2018 and June 2019 to 837 million, as per data released by the Reserve Bank of India (RBI) and shared by payment service provider Worldline in a recent report. The drop in cards outstanding was a result of mass closure of zero-balance accounts, Worldline said.
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Australia Sees Rush Of Hong Kong Millionaires Amid Unrest

Friday, August 23, 2019, 8:40 AM

Australia is seeing an increase in interest in its millionaires-only visa programme from wealthy Hong-Kong residents, who are eyeing a safety net amid political turmoil in the Chinese-ruled territory, migration lawyers told Reuters. The New South-Wales state migration department "has noticed a significant increase in applications" from Hong-Kong in recent months, it said in a letter to agents this week, and seen by Reuters.
 
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"All The Forces": China's Global Social Media Push Over Hong Kong Protests

Friday, August 23, 2019, 8:39 AM

Wang Ying has for the last four-years identified herself as a diehard fan of Chinese boy-band-star Lay Zhang. Recently, 17-year-old also started describing herself as a patriot who supports China's stance on Hong-Kong. The high-school student from Shanghai is among the Chinese citizens who in recent weeks have flocked to Western social-media platforms such as Instagram and Twitter to criticize demonstrators in the former-British-colony.

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