A Chinese proverb says: "Paradise in heaven, Suzhou and Hangzhou on Earth." As one half of this famed pair of cities, Suzhou is renowned for its long history, cultural artifacts and beautiful gardens. The numerous narrow waterways ...
Tags: Scenic Cultural Suzhou
MasterCard didn't make a peep earlier this month when word leaked that Beijing had halted the company's transactions in renminbi. Leaked documents didn't show when the payments were terminated, but the central bank effectively stopped the ...
Tags: MasterCard, Foreign Firms, Credit Cards
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
China sold US$2.1 billion in government bonds in the Hong Kong market on Wednesday despite the recent cash crunch in the mainland money market that spooked investors this week, Reuters reported. Demand for the yuan-denominated bonds was ...
Tags: HK Bond Market, cash crunch
THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...
Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto
Entire jewellery industry of India is highly upset with the government's recent measures to curb import of gold to contain the Current Account Deficit (CAD) as it (the industry) has already started feeling the impact of condensed supply of ...
LOOKING for a safe password? You can give HQbgbiZVu9AWcqoSZmChwgtMYTrM7HE3ObVWGepMeOsJf4iHMyNXMT1BrySA4d7 a try. Good luck memorising it. Sixty-three random alpha-numeric characters - in this case, generated by an online password ...
Tags: Password Fatigue, Computer Products, Consumer Electronics
Crude oil futures settled slightly higher Tuesday as a pipeline shutdown in Alberta, Canada, and escalating tensions in the Middle East lent the complex a bullish note, amid rising equities markets. NYMEX August crude settled 14 cents ...
Tags: Crude Futures, Crude oil
One well-known gang of hackers contributed to cyberattacks on South Korea on Tuesday, which coincided with the 63rd anniversary of the start of the Korean War, according to analysis from Symantec. The attacks on Tuesday disabled websites, ...
Tags: Cyberattacks, South Korea, Symantec
A recent targeted attack that used Chinese malware compromised over 1,000 computers belonging to dozens of South Korea organizations, according to researchers from Israeli security firm Seculert. The main malware tool used in the attack ...
Japan-based underwriter Meiji Yasuda Life Insurance is engaged in advance negotiations to acquire a 15% stake in Thai Life Insurance, for nearly $700m. People familiar with the matter were quoted by Reuters as saying that the proposed ...
Tags: Service, Insurance, Life Insurance
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
Rising energy costs are driving food and drink processors towards green solutions, with a 53% jump in the number of on-site renewable electricity projects in the sector last year, SmartestEnergy has claimed. The company, which claims to ...
Social media can make financial institutions seem less dull and better engage customers, according to officials on a panel at the AB+F Retail Financial Services Forum. Engaging customers through social media is a “game ...
Tags: Social Media, Financial Services
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...