Page: 1 2 3 4 5 6 7 8 9 10 11 12
PBOC Vice Governor Pan Gongsheng said the government would continue to apply pressure to the virtual currency trade.
WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides.
BEIJING (Reuters) - A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.
January 16, 2018 1:37 PMBEIJING (REUTERS) - China's economy is expected to cool this year as a government-led crackdown on debt risks and factory pollution drag on overall activity, a Reuters poll showed on Tuesday (Jan 16).
Russia’s largest gold producer Polyus announced that the agreement to sell 10% of its ordinary shares to a consortium led by Fosun International Limited has been terminated. The news marks a setback for Fosun as the US$887 million deal is Fosun’s largest merger and acquisition deal last year. Fosun was one of the most acquisitive companies last year, participating in 29 deals totaling US$3.57 billion. The agreement was not completed due to non-satisfaction of a condition precedent pursuant to the terms of the Agreement, said Polyus. “After the condition precedent was not …
Fosun’s $887M Deal To Invest In Russian Gold Miner Polyus Terminated appeared first on China Money Network.
Google said the Maps browser has been available in China for many years but there is no application offered.
January 16, 2018 1:11 PMHONG KONG (BLOOMBERG) - Tencent Holdings is going after the cheaters that infest PlayerUnknown's Battlegrounds as it prepares to bring the world's top-selling game to China.
When it comes to raising tens of millions of dollars in venture capital, it helps to be a veteran of Baidu’s artificial intelligence units. Over the prior 12 months, former employees of the Chinese tech giant have raised close to US$300 million in VC funding rounds, according to a review of deals by China Money Network. The latest recipient of VC funding is Aibee, an artificial intelligence solutions provider founded by Lin Yunqing, former head of Baidu Inc’s Institution of …
Baidu Artificial Intelligence Alumni Raise $300 Million In One Year appeared first on China Money Network.
Unity on the issue was extremely important, Xi said, according to CCTV.
China’s e-commerce platform JD.com Inc. has agreed to co-lead a series C round in Vietnam’s leading business-to-customer e-commerce platform Tiki, marking JD.com’s latest push in the Southeast Asian market to compete with Alibaba Group Holding Ltd and Amazon.com Inc. No financial details were disclosed in a company announcement. Upon completion of the investment, JD.com will become one of Tiki’s largest shareholders. With the investment, JD.com will partner with Tiki a range of areas including merchandising, cross-border trade, logistics and fulfillment, …
China’s JD.com Co-Leads New Funding Round In Vietnam’s E-commerce Platform Tiki appeared first on China Money Network.
January 16, 2018 11:36 AMSHANGHAI (REUTERS) - Some airlines affiliated with China's HNA Group are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.
Autonomous driving firm Pony.ai has raised a US$112 million series A round co-led by Morningside Venture Capital and Legend Capital, according to a company announcement. Seed round lead-investor Sequoia Capital China and investor IDG Capital also participated in the round, along with Hongtai Capital, Legend Star, Puhua Capital, Polaris Capital, DCM Ventures, Comcast Ventures and Silicon Valley Future Capital. Pony.ai was co-founded by James Peng, former chief architect at Baidu and Tiancheng Lou, who has worked as an engineer at Baidu and Google. …
Autonomous Driving Start-up Pony.ai Raises $112M Series A Round Led By Morningside Venture Capital, Legend Capital appeared first on China Money Network.
Qantas Airways amended its website, referring to Taiwan and Hong Kong as Chinese territories, after China's warning.
Recovery’s true scale not recorded because of statistics inflated to mask earlier slowdown
Tuesday's official midpoint was 202 pips, or 0.31 percent — the strongest since Dec.11, 2015.
TOKYO (Reuters) - Asian shares slumped on Tuesday, as miners were pressured by weaker Chinese iron ore prices, while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.
The Shanghai Consumer Council requested an explanation about the iPhone slowing down, demanding a reply before Friday.
Chinese companies have moved beyond copying others' technologies, according to PricewaterhouseCoopers.
The Pentagon is planning to develop two new sea-based nuclear weapons to respond to Russia and China’s growing military capabilities, according to a sweeping Defense Department review of nuclear strategy.
SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.
FTCR analysis shows residents in third-tier cities less willing to share personal data
The dollar slid further and European markets edged slightly lower ahead of Asia's Tuesday trading day.
The U.S. cautioned Jared Kushner that a close friend, Wendi Deng Murdoch, could be using her ties to Kushner and wife Ivanka to aid the Chinese government.
January 16, 2018 5:00 AMHONG KONG • China's second-biggest e-commerce firm JD.com has kicked off a fund-raising round at its logistics unit with a target of at least US$2 billion (S$2.6 billion), and eventually plans to list the business overseas, people with direct knowledge of the matter said.
January 16, 2018 5:00 AMHONG KONG • Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed initial public offering, IFR reported.
DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.
DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.
Assets and economies have done well despite higher US interest rates
Average salaries for professionals in Shanghai are set to rise between 5 and 8 percent this year as the digital transformation deepens amid China’s stable economic growth, recruitment agency Morgan McKinley
China’s centrally administered state-owned enterprises yesterday reported double-digit growth in business revenues and profits last year.
The SOEs supervised by the State-owned Assets Supervision and
Some airlines affiliated with China’s HNA Group are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financier of the group, has formed a team to handle
NEW home sales rebounded moderately in Shanghai last week, with suburban areas remaining the major driving force due to ample supply, market data showed yesterday.
The area of new homes sold, excluding
TENCENT and Denmark’s Lego Group yesterday announced a strategic partnership that aims to create an online digital ecosystem for children in China.
The collaboration includes developing a Lego video
Beijing plans to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, it was reported Monday.
China's foreign minister has hit back against claims that China is increasing the debt burden of African countries.
China wants to buy more than just beef and soybeans from the United States. The world’s second largest economy also eagerly wishes to greatly increase the import of American technology. That’s the message from Tu Guangshao, vice chairman and president of China’s sovereign wealth fund, the US$814 billion-under-management China Investment Corporation. “Faced with trade deficit with China, the U.S. should consider trying to increase exports to China. American exports to China has great potential…Besides beef and natural gas imports, the …
China Investment Corp’s President Tu Guangshao Calls US To Export More American Tech To China appeared first on China Money Network.
The sinking of an Iranian tanker in the East China Sea left cleanup crews battling to contain environmental damage on two fronts—an oil slick on the surface and the light crude and engine oil carried toward the seafloor.
HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.
Toymaker and tech group to develop games, videos and social network for Chinese children
Beijing says foreign groups’ use of country names in online menus is disrespectful
HONG KONG (Reuters) - Insurance market Lloyd's of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.
Top-place tie by tech groups provides symbol of AI race between US and China
HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.
China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money in at around 5pm each workday.
DealShot: Triniti Capital Leads $15M Round In Chinese Used Luxury Goods Platform 52Panghu.Com appeared first on China Money Network.
A research arm of Chinese tech giant Alibaba Group Holding Ltd. has developed a deep learning model that scored higher than human beings on a Stanford University reading-comprehension test, the first time that a machine has outperformed humans on such a test. The model, developed by Alibaba’s Institute of Data Science of Technologies, a research arm focused on artificial intelligence, generated a score of 82.44 in the Stanford Question Answering Dataset (SQuAD) last week, providing exact answers to more than …
Alibaba Neutral Network Beats Humans On Stanford Reading-Comprehension Test appeared first on China Money Network.
COPENHAGEN (Reuters) - Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd to jointly develop online games and potentially a social network aimed at Chinese children.
National Bureau of Statistics of China
January 5, 2018
According to China’s gross domestic product (GDP) accounting and data release system, the annual GDP accounting includes preliminary accounting and final verification. Recently, the NBS conducted the final verification of GDP in 201...
China Economic Monitoring and Analysis Center
In early January 2017, according to the monitoring of the market price of 9 categories, 50 kinds of important means of production in circulation in 24 provinces (autonomous regions and municipalities), the prices of 24 kinds ...
Major indexes in Asia notched gains on Monday after Wall Street closed out last week at records.
SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.
Page: 1 2 3 4 5 6 7 8 9 10 11 12