The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...
Tags: People's Bank of China, central bank, medium-term lending facility
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
Pakistan will support women businessmen in the garment sector in Bangladesh to upgrade their entrepreneurial skills, according to media reports in the two countries. Pakistani high commissioner Shuja Alam and acting managing director of ...
Tags: garment sector, women garment
The independent Scottish craft beer producer BrewDog has initiated a record £25m crowdfunding project. With a minimum investment of £95 for two shares, the Aberdeenshire-based brewer is offering 526,316 shares, in a bid to ...
Tags: Crowdfunding Bid, Brewdog
Axway will be enhancing its advanced B2B gateway solution for the automotive industry, Axway TradeSync Integration Manager (TSIM). The changes in the technology will help automotive Original Equipment Manufacturers (OEMs) and first tier ...
Tags: Axway, B2B, Auto Parts
The Annual Conference of the Boao Forum for Asia held its first discussion session on Thursday afternoon. For the first time, issues of China's inclusive approach to international finance and rural banking were high on the official ...
Tags: Rural Banking, Boao's Agenda
Last year, Mohawk Industries told its aligned dealers with the recession over they needed to “Own the Moment.” For 2015, executives said now it’s time to “Own the Experience” as the industry’s largest ...
Tags: sales, marketing, Construction
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
This week, Altos Hornos de Mexico S.A.B. de C.V. (AHMSA) presented a civil court request in Monclova, Coahuila, to lift the suspension of payments to creditors. The application is supported by a general agreement with the required ...
Apple is seeking help to bring its Apple Pay mobile payments platform to new territories, a job posting on the company’s website has revealed. According to the listing, identified by iClarified (via Apple Insider), the Cupertino ...
Tags: Apple, Consumer Electronics
The 41th International Fair of Furniture, Household and Social Building Equipment, manufacturing Suppliers and Furniture Industry Machinery- Mebel 2015, will be held within February 18 to February 21, 2015. Interior Mebel, the ...
Flipkart, one of the leading online shopping destinations in India, has entered into a strategic partnership with Euronet India, a global leader in secure electronic transaction processing and payment solutions, to offer Flipkart’s ...
The American Home Furnishings Alliance has named Mary O'Keeffe to the position of director of sales, a new post "We have brought Mary on board to help us continue the momentum of membership growth we have experienced so far in 2014," ...
Micro businesses are missing out on the growth opportunities that other small to medium-sized (SME) businesses are leveraging, thanks to the development of a business plan. An increasing number of SME owners realise the value of a ...
Tags: SME Problems, thinkBIG 2014