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.
Dec 292015
Dec 262015
An annual rural work conference concluded on Friday, agreeing to push forward supply-side reform in agriculture to speed up modernization.
Dec 252015
Prime Minister Shinzo Abe’s cabinet on Thursday approved a record budget for fiscal 2016 which will rely on robust corporate profits and interest payments to tackle the nation’s burgeoning welfare costs and mounting public debt.
Dec 232015
The U.S. Commerce Department on Tuesday revised down its estimate for the real gross domestic product(GDP) in the third quarter to a growth of 2 percent, slightly lower than its last projection of 2.1 percent.
Dec 192015
U.S. stocks tumbled for the second straight session Friday, as falling oil prices weighed on Wall Street sentiment.
Dec 122015
China’s cabinet has approved the restructuring of the country’s two biggest shipping conglomerates, creating the largest oil tanker fleet in the world and the fourth biggest container line.
Dec 122015
U.S. chemical giants DuPont and Dow Chemical Friday announced their merger in an all-stock deal worth up to approximately 130 billion U.S. dollars.
Dec 122015
The proportion of e-buyers among EU countries was highest in the United Kingdom in 2015, followed by Denmark, Luxembourg and Germany, Eurostat, the statistical office of the EU said on Friday.
Dec 112015
The transaction is expected to deliver approximately 3 billion dollars in cost synergies,with 100 percent of the run-rate cost synergies achieved within the first 24 months following the closing of the transaction.
Dec 112015
German automaker Audi AG reported on Friday that around 147,750 vehicles were sold in November, a year-on-year increase of 1.0 percent.