China’s biggest bank, the Industrial and Commercial Bank of China (ICBC), has granted more loans in both yuan and foreign currencies in the first half of the year, thanks to innovative online loan products.
Smartphones have overtaken laptops in the UK as the most popular device for getting online, according to a report released Thursday by Ofcom, the country’s communications regulator.
More Chinese property developers are using the domestic bond market for cheaper funding than offshore bond issuance, ratings agency Standard & Poor’s said in a report on Thursday.
New airline routes between China and Australia will soon begin as part of the free trade agreement recently ratified by the two countries.
Pakistan’s Karachi Stock Exchange (KSE) recorded bullish trade for eighth straight day on Thursday to hit a fresh all-time historic high as improved political scenario and better result expectations kept the investors interested in various stocks.
The world economic growth would slow this year to the lowest rate since the financial crisis, the National Institute of Economic and Social Research (NIESR) said Wednesday.
The European Union (EU) has approved the proposed acquisition of Hospira by Pfizer, but the approval subjected to conditions, the EU’s competition regulator said on Wednesday.
Chinese stock investors signalled restored confidence in July as the country’s economic fundamentals and policies boosted equity markets, according to a recent industry survey.
The slowing economy will gain traction in the second half of this year, supported by improving exports and household consumption and a rebounding property market, a Chinese bank has forecast.
Business confidence in Australia improved in the June quarter in all sectors except mining, which has been hit by falling commodity demand and falling prices.