Search Results for: Chinese markets
Oil gives up earlier gains as rising US output, China concerns weigh
May 9th, 2017
Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. Brent crude futures, the international benchmark ...
Breaking: Saxo Bank announces new shareholder; Key shareholder to own 30% of Saxo Bank
May 5th, 2017
Saxo Bank, a leading multi-asset trading and investment specialist, has issued an announcement today to inform that Lars Seier Christensen, co-founder of Saxo, has received an offer and agreed to sell his stake of 25.71 per cent of the ...
Airwallex payments settlement provider raised $13 million in a funding round
May 2nd, 2017
Airwallex raises US$13m Series A investment from Tencent, Sequoia Capital China and Mastercard Airwallex has raised US$13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments ...
End of empire
April 30th, 2017
“Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods by value than any ...
Daimler AG reports 10% increase in unit sales; First Quarter 2017 results
April 28th, 2017
Unit sales significantly above prior-year level at 754,300 vehicles (+10%) Revenue up by 11% to €38.8 billion Group EBIT is 87% above prior-year level at €4,008 million Net profit doubles to €2,801 million Free cash flow of the industrial ...
Asian Stocks Gain After Global Rally; Yen Weakens
April 25th, 2017
Euro holds advance following surge sparked by French elections China shares rise after selloff; investors watch North Korea Asian equities extended a global rally as Chinese shares climbed after a selloff and North Korean artillery drills did little to ...
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
Ant Financial merged with HelloPay Group
April 19th, 2017
Almost exactly one year ago, Alibaba announced its US$1 billion purchase of a controlling stake in Lazada, the largest online shopping and selling marketplace in Southeast Asia – and a gateway to the region for the Chinese tech giant. Now, Alibaba ...
Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets
April 8th, 2017
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
