China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...
Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
South Korea's financial regulator on Wednesday approved the banking operations of China Everbright Bank, a unit of the state-owned Everbright Group. The Financial Services Commission (FSC) said in a statement that it gave a nod to ...
Tags: Everbright Bank, foreign banks
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
Experts and insiders say with the industry booming in China, the country's plan to modernize its financial services may have just entered a golden era. [Photo: nipic.com] Internet finance has become a hot topic at the ongoing World ...
Morris Furniture Brands has secured a £2.3m funding agreement with the UK’s largest invoice finance provider, Bibby Financial Services (BFS). The agreement will facilitate the evolution of Morris Furniture Brands, which was ...
Tags: Morris Furniture, Nathan Furniture
The Chinese Ministry of Commerce (MOFCOM) has worked with the General Administration of Customs, the National Bureau of Statistics, and the State Administration of Foreign Exchange to entrust the Academy of Mathematics and System Science, ...
Tags: bilateral trade, global value chains, trade in value added
On October 4, 2015, Ministers of the 12 Trans-Pacific Partnership (TPP) countries announced conclusion of their negotiations. The summary of the TPP Agreement is as follows: Disclaimer: The Following Summary of the Trans-Pacific ...
Tags: goods, services, trad, investment
A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
Wal-Mart Stores, Inc. has announced that it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global e-commerce in Asia, will lead ...
Financial services company India Nivesh has warned that when the Trans Pacific Partnership (TPP) comes into effect, India would be negatively impacted to a major extent; though India would not be the only country at disadvantage. China, ...
The study shows that M&A activity has slightly boosted the European packaging industry during a difficult time, with key deals having been completed in the UK. The study, 'Investment Analysis of the European Packaging Industry', also ...
Tags: Packaging, Printing, European Packaging
Louis Vuitton is the world's most valuable luxury brand according to Forbes list of world’s most valuable brands. It ranks 14th on the Forbes list of world’s most valuable brands. A division of LVMH, Louis Vuitton’s ...
Tags: Louis Vuitton, luxury brand
Australia's 14 million shoppers have shifted their shopping habits over the last decade according to the work of Roy Morgan Research. The key determinants in grocery shopping habits include food safety, location and good value. ...
Tags: shopping habits, food safety, good value