Apple is mulling the idea of building its own money-transfer service, and is actively talking to industry leaders about the move, apparently. That’s according to reputable tech site Recode, which cites a number of sources familiar ...
China's central bank has drafted new rules to tackle risks from shadow banking, in a tacit acknowledgment that a host of measures in recent years to control off balance sheet credit have failed to control its risks, the Financial Times ...
Tags: Shadow Banking, balance sheet
UK-based Blake Envelopes has introduced a new range of polythene quick pay deposit bags designed for use in financial and banking institutions. The bags have been made from reinforced polythene and are intended to offer improved burst ...
Tags: Blake Envelopes, polythene
The latest news shows, the China Telecom intelligent ecological cooperation and terminal industry summit held today in Chongqing, the conference is also following this year in June the China Telecom announced the second strategic ...
Tags: the China Telecom, FDD operator, 4G
At the end of each year, the investment circle of the big brothers were forced to become a fortune teller. Entrepreneurs, media, industry and younger rivals, all are concerned about their "hand picked" tuyere. However, by the end of last ...
Tags: the VR, direct broadcast, Internet banking
A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
Antarctica Advisors, the Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International ("OCI") in the CAD 240m ($177.6m) refinancing of its credit facilities with a syndicate of Canadian and ...
Tags: Antarctica, OCI
Beverage industry veteran Edward (Ed) Maletis' Limnes Bottling Acquisition Company has completed the acquisition of historic Portland Bottling Company from its existing ownership group, including majority shareholder Harry Merlo. The ...
Tags: Ed Maletis, Bottling
There's a new Android Trojan doing the rounds, and this time, it's after banking details – targeting customers of banks across the US and Europe. The malware looks like a Flash Player app, and is considered to be highly dangerous as ...
Tags: Android Malware, Android Trojan
Chief Accountant of Sinopec Group, met Simon Henry, Chief Financial Officer and an Executive Director of Shell, at Headquarters on April 6. Zhang Haichao, Vice President of Sinopec Group, met Mark Slaughter, Asia-Pacific head of corporate ...
Tags: Zhang Haichao, Simon Henry
Grab, a rival to ride-hailing company Uber in Southeast East, has raised $750m in equity financing, increasing its total capital position to more than $1bn. The expanded, oversubscribed round was led by Grab's strategic partner SoftBank ...
Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
Specialty foundry TowerJazz (which has fabrication plants at Tower Semiconductor Ltd in Migdal Haemek, Israel, and at its US subsidiaries Jazz Semiconductor Inc in Newport Beach, CA and TowerJazz Texas Inc in San Antonio, TX, and at ...
Leekes Department Stores achieved growth in its financial year to 31st March, its owner achieving a £2m improvement in profitability with EBITDA profits exceeding £6m. Leekes Retail achieved 12% LFL growth in turnover up to ...
Tags: Leekes Department Stores, housing market, furnishings business
Barclays has officially launched its answer to Android Pay via an upgrade to its Android app. The bank previously declined to join Google's NFC payment service, which launched in the UK this May, and has kept its own service fairly quiet ...