Search Results for: Chinese
Apple & China UnionPay to Bring Apple Pay to China
December 18th, 2015
Apple® and China UnionPay today announced a partnership to bring Apple Pay®, which transforms mobile payments with an easy, secure and private way to pay, to China. China UnionPay cardholders will be able to easily add their bank cards ...
Asian markets trade mixed; Japan shares spike on BOJ
December 18th, 2015
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...
UAE set to benefit from further China investment in 2016
December 17th, 2015
An increasing number of Chinese companies are expected to invest in the UAE’s property and manufacturing sectors next year as the government encourages companies to look overseas for growth, officials said yesterday. Chinese companies are investing more abroad, allowing ...
China central bank sees economic growth slowing to 6.8 percent in 2016
December 16th, 2015
China’s annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People’s Bank of China said in a working paper published on Wednesday. The world’s second-largest economy still faces ...
UAE, China set up $10 bln joint strategic investment fund
December 15th, 2015
The United Arab Emirates and China have established a joint strategic investment fund worth $10 billion, the UAE’s state news agency reported, as China pursues its ambition to rebuild Silk Road trade routes. The agreement was clinched during a ...
China’s ICBC to open clearing bank in Russia to boost yuan-ruble trade
December 15th, 2015
The world’s largest bank by assets and market cap, China’s ICBC, is planning to open a clearing bank in Russia for trade settlements in yuan and rubles. “ICBC, as the biggest bank dealing with CNY business in ...
‘Fintech 100’ – Announcing the world’s leading fintech innovators for 2015
December 15th, 2015
China fintech on the rise as ZhongAn tops listtop fintech companies closes 31 October; Overall fintech investment expected to jump 66% to over US$20bn in 2015. Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, today ...
Twitter warns of government ‘hacking’
December 14th, 2015
Twitter has sent warnings to a number of users that their accounts may have been hacked by “state-sponsored actors”. It is the first time that the social media company has issued such a warning. Twitter emailed users to say ...
Alibaba agrees on $266 million acquisition deal with South China Morning Post
December 14th, 2015
Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
