China Archives - Page 45 of 49 - International Finance

China’s service sector expands at a rapid pace

International Finance DeskNovember 3, 2016

by International Finance DeskNovember 3, 2016

Findings of survey by financial information service provider Markit IFM Correspondent November 3, 2016: China’s services sector grew at the strongest pace in four months up to October as new business picked up, encouraging companies to hire more workers, a private survey showed. The Caixin China General Services PMI (Purchasing Managers’ Index) came in at...

Economy

China’s investment in Indonesia up from $600 million to $1.6 billion

International Finance DeskNovember 1, 2016

by International Finance DeskNovember 1, 2016

Boost for President Joko Widodo’s ambitious program to build infrastructure IFM Correspondent November 1, 2016: Many countries are racing to invest in Indonesia, South East Asia’s biggest economy. Last week, Finance Minister Sri Mulyani Indrawati said the economy will probably expand 5 percent this year, making Indonesia an attractive investment destination. According to reports from...

Economy

Things are finally looking up for Asia

International Finance DeskOctober 20, 2016

by International Finance DeskOctober 20, 2016

Asia has managed to stabilise itself thanks to China’s improved economic performance Suparna Goswami Bhattacharya October 20, 2016: It is the last quarter of the year and things have changed drastically since January for the global economy. Asia, in particular, has witnessed a change in outlook by economists. Back in January, things looked shaky. Chinese...

Fintech

Shanghai Futures Exchange launches market surveillance platform

International Finance DeskOctober 19, 2016

by International Finance DeskOctober 19, 2016

It is powered by SMARTS, which is Nasdaq’s flagship surveillance solution October 19, 2016: Nasdaq (Nasdaq: NDAQ) has officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. “We are truly honoured to be working with Shanghai...

Fintech

Chinese tourists in UK can use Alipay app

International Finance DeskOctober 13, 2016

by International Finance DeskOctober 13, 2016

Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...

Economy

China to be world’s first trillion dollar aviation market

International Finance DeskSeptember 28, 2016

by International Finance DeskSeptember 28, 2016

Airbus and Boeing are best placed to take advantage of this growth Suparna Goswami Bhattacharya September 28, 2016: Slowing economy and tough government regulations notwithstanding, China is all set to become the world’s first trillion dollar aviation market by 2035. According to manufacturers Airbus and Boeing, the Chinese aviation market looks one of the most promising...

Fintech

Asian firms more vulnerable to cyber attacks

International Finance DeskSeptember 13, 2016

by International Finance DeskSeptember 13, 2016

Security market in Asia is less than 50% of that in US and Canada Suparna Goswami Bhattacharya September 13, 2016: Asian firms are more vulnerable to cyber attacks than their Western counterparts, says a recent report. The findings by Mandiant Consulting, a FireEye company, states that APAC firms are frequently underprepared to identify and respond...

Business Leaders

Clinton accuses Russia of interference in US presidential election

International Finance DeskSeptember 6, 2016

by International Finance DeskSeptember 6, 2016

Says President Vladimir Putin sees Trump victory as an advantage IFM Correspondent September 6, 2016: Presidential nominee Hillary Clinton has accused Russia of interfering with the US elections. “It is almost unthinkable”, Clinton said referring to reports of Russia’s alleged involvement in US elections citing the hacking of Democratic National Committee’s emails. “We’ve never had...

Fintech

MYPINPAD expands in Asia and MENA

International Finance DeskAugust 24, 2016

by International Finance DeskAugust 24, 2016

Smartphone adoption is growing in China, India, Indonesia and Japan August 24, 2016: MYPINPAD, an enabler of multi-factor authentication for touchscreen devices such as smartphones and tablets, has recently channelled efforts to bring its simple, proprietary and customer friendly authentication solution to Asia Pacific and MENA. Following the appointment of seasoned industry executives to lead global...

Economy

‘China’s shift to services not good in long run’

International Finance DeskAugust 3, 2016

by International Finance DeskAugust 3, 2016

The country is going through premature deindustrialisation, say experts Suparna Goswami Bhattacharya August 3, 2016: Of late, China has been less in the news for its ‘slowdown’. Economic activity in the country has stabilised in recent months, mostly on the back of the property market rally and strong infrastructure investments. But, there is another challenge...