Search Results for: china
China tops world fintech rankings
December 6th, 2016
China has outpaced London, New York and Silicon Valley to become the world’s undisputed global fintech leader, according to a report by DBS and Ernst & Young. Neal Cross, DBS chief innovation officer, says favorable government policies and regulations ...
Asia stocks trim gains as liquidity fears jolt China markets
November 30th, 2016
Asian stocks tried to stabilize after a rocky November month drew to a close, but Wednesday’s session brought new anxieties as Chinese equities and commodities tanked amid worries that Beijing’s efforts to support its currency could squeeze liquidity. Analysts ...
UnionPay International and Bank of China jointly issued the first Travel Europe Themed UnionPay credit card
November 21st, 2016
On November 21, UnionPay International and Bank of China (BOC) jointly announced their joint issuance of the first Europe version of the Travel Mate. China UnionPay credit card. This is the first Travel Europe themed UnionPay credit card issued ...
Cash payments may soon become a thing of the past in China
November 21st, 2016
Cash payments may soon become a thing of the past in China. That’s as mobile payment services, using your smart device, are quickly gaining traction across the country. Imagine never needing a wallet. That’s becoming a reality in many ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
Law firms to combine and create a global law firm with 1,000 lawyers across US, Europe and china
November 14th, 2016
Arnold & Porter LLP and Kaye Scholer LLP today announced the two firms have agreed to combine effective January 1, 2017 to become Arnold & Porter Kaye Scholer LLP. This strategic combination brings together renowned regulatory expertise, sophisticated litigation ...
Oil prices steady ahead of U.S. election, weak China data weighs
November 8th, 2016
Oil prices were stable on Tuesday as financial investors and traders were cautiously positioning themselves for a win by Hillary Clinton in the U.S. presidential elections. U.S. West Texas Intermediate (WTI) crude futures were at $44.97 at 0610 GMT, ...
China Foreign Exchange Trade System (CFETS) joins R3 distributed ledger consortium
November 3rd, 2016
Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. Headquartered in Shanghai, CFETS ...
China passed a new law for people be safe from legal liabilities when helping strangers
November 3rd, 2016
First aid providers in Shanghai will be shielded from legal liability when giving emergency assistance, under a new law that took effect yesterday to encourage the public to be more active in assisting in emergencies. The regulation, passed by ...
Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
