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China

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Alibaba reports an increase of 59% for Revenues

11/08/2016(0)
Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2016. “Alibaba Group had an outstanding quarter. Our results show the scale ... Read More
oil platform

Asia mostly lower as oil retreats further; BOK keeps rates steady

11/08/2016(0)
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. ... Read More
g20

China proposes global tax system at G20

10/08/2016(0)
China’s Finance Minister Lou Jiwei proposed development of a new international taxation system at a G20 meeting in Chengdu over the weekend, joining a global movement aimed at stopping ... Read More
Jack Ma, executive chairman of Alibaba Group,

Jack Ma Is Opening His Wallet to Europe But Not to Europeans

08/08/2016(0)
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your ... Read More
China

China regulator shutters 10,000 funds

02/08/2016(0)
China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been ... Read More
RBA

The Reserve Bank of Australia decided to lower the cash rate by 25 basis points

02/08/2016(0)
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.50 per cent, effective 3 August 2016. The global economy is continuing to grow, at ... Read More
Worker looks at pump jack at oil field Buzovyazovskoye owned by Bashneft company north from Ufa

Oil scrambles off April lows but oversupply still weighs

28/07/2016(0)
Oil prices steadied just above three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened. Brent crude oil LCOc1 was ... Read More
markets

Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks

27/07/2016(0)
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a ... Read More
hong kong china

Global Brokers See 109 Million Reasons to Ramp Up in China

25/07/2016(0)
Interative Brokers and Saxo among firms laying groundwork QDII2 program to be rolled out at ‘appropriate time’: PBOC Online brokerages from around the world are gearing up for what ... Read More
UnionPay

UnionPay takes top spot from Visa in $22 trillion global cards market

25/07/2016(0)
Having been the largest scheme worldwide for card numbers since 2010, UnionPay overtook Visa to also become the largest by value of card payments in 2015 Payment cards worldwide ... Read More
Broker Cyprus TopFX