12/22/2024 07:37:02 am
12/22/2024 07:37:02 am
Ellie Froilan | Jan 05, 2017 06:42 AM EST
Helsinki Airport has announced that they will accept Alipay mobile payments for easier shopping activities of Chinese tourists. read more
Ellie Froilan | Jan 05, 2017 04:50 AM EST
Alibaba and Maersk have joined forces in order to provide an online reservation service for shippers. read more
mwaniki wanjiku | Jan 05, 2017 03:12 AM EST
Alibaba sued two merchants on one of its e-commerce platforms over the sale of counterfeit goods, the decision comes a few days after the company was blacklisted by the US government for hosting fake products. read more
S. Rina | Jan 05, 2017 01:05 AM EST
Australian banking giant ANZ Banking Group announced on Tuesday that it will divest its holding in Shanghai Rural Commercial Bank. The step is being seen as the reversal of the bank's earlier aggressive strategy to emerge as a super-regional bank in Asia. read more
S. Rina | Jan 04, 2017 08:44 AM EST
China recently made several changes to its currency basket, which is used for setting the daily value of the currency. According to China Foreign Exchange Trade System (CFETS), the number of currencies included in the basket was increased to 24, up from the previous 13 currencies. read more
Ellie Froilan | Jan 04, 2017 01:04 AM EST
Ant Financial's Alipay plans to expand its mobile payment service in South Korea by establishing a joint venture. read more
Girish Shetti | Jan 03, 2017 06:42 PM EST
In the latest sign that the Chinese economy is heading towards recovery, a leading independent research on Tuesday claimed that last month the activities in smaller manufacturing units in the country grew at the quickest pace seen over the past three years. read more
Girish Shetti | Jan 03, 2017 11:22 AM EST
A Chinese consortium led by China's three leading stock markets is all set to acquire 40 percent stake in the Pakistan Stock Exchange (PSX), following months of negotiations. This marks another big ticket Chinese investment in Pakistan where the Chinese government has already poured billions of dollars in massive infrastructure projects. read more
Theena Ocay | Jan 02, 2017 05:46 PM EST
Foxconn is set to open its first Apple manufacturing store in India, which is likely to be announced on the upcoming Vibrant Gujarat Global Summit 2017 scheduled to take place in Gandhinagar between Jan. 10 and 13, according to Money Control. read more
S. Rina | Jan 02, 2017 05:24 PM EST
A Chinese central bank advisor has called for setting a flexible growth target for 2017. China's economy showed 6.7 percent growth rate in the third quarter of the previous year. The economy is likely to achieve its annual target of 6.5 to 7 percent growth rate. read more
S. Rina | Jan 02, 2017 10:42 AM EST
Twitter continues to face issues as its China head announced her departure after assuming the position only 8 months earlier. The company's managing director in Greater China, Kathy Chen tweeted her decision through 12 messages on the social media site. read more
S. Rina | Jan 02, 2017 09:57 AM EST
China is looking to enhance the surveillance on foreign currency purchases made by individuals. The country is also expected to further strengthen the punitive measures on illegal currency outflows. However, it is likely to keep the current $50,000 annual individual quota intact. read more
S. Rina | Jan 03, 2017 09:05 AM EST
Chinese smartphone manufacturer Meizu has agreed to settle its dispute with US mobile chip company Qualcomm under a new global patent licensing scheme. Meizu will pay licensing fee to Qualcomm. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
