Star Wars was not the only force making a come-back in 2015. The return of generic advertising brought with it a promise of increased profitability for the diamond trade. Even as numerous stories reflecting pain in the industry vied for our ...
On the 30th December 2015, GRENERGY formalized the sale of its two last solar photovoltaic plants in Spain, both producing under decree 9/2013 of July 12 which establishes the new remuneration system for renewable energy replacing decrees ...
Tags: PV Projects, Sloar Cell
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
China's economy is going through a series of historic transitions, and recent short-term market volatility will prove temporary, experts attending the World Economic Forum (WEF) Annual Meeting 2016 said on Thursday. The Chinese government ...
Tags: Economy Transitioning, Economy
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Philippine President Benigno S. Aquino III has approved the country's participation in the China-initiated Asian Infrastructure Investment Bank (AIIB), senior government officials said Wednesday. Presidential Communications Operations ...
Tags: AIIB
Germany's biggest lender, Deutsche Bank, has agreed to sell its nearly 20-percent stake in Chinese bank Hua Xia for around 3.3 billion U.S. dollars to PICC Property and Casualty Company. The sale still has to be given the ...
Tags: Deutsche Bank, Hua Xia Stake
China's central bank has said it is planning to upgrade its financial risk assessment framework which will be launched next year, in a bid to ward off financial risks. The capital adequacy ratio, a measure of an institution's ability to ...
Tags: New Financial Risk
Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...
China's central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name ...
Tags: China Central Bank, Online Payment
Deutsche Bank has agreed to sell its 20-percent stake in China's Hua Xia Bank to PICC Property and Casualty Co. for over 3.3 billion US dollars. Germany's biggest lender says the completion of the transaction will be subject to customary ...
Tags: Deutsche Bank, Hua Xia Stake
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
The China-initiated Asian Infrastructure Investment Bank (AIIB), a complement to existing international financial system, was formally established Friday in Beijing and expected to start operation early next year. "The AIIB is legally ...
Tags: AIIB
China's central bank is allowing individuals to set up bank accounts via video teller machines and the Internet. The People's Bank of China issued a note saying banks can use multiple ways to verifying applicants. In addition to going ...
Tags: VTMs, Personal Bank Accounts
Chinese commercial bank must verify the identify of clients when they open personal bank accounts to make sure they are using their real names, a circular showed Friday. The People's Bank of China (PBOC), the central bank, released the ...
Tags: Banks, Real-name Accounts