China is leading the US when it comes to mobile commerce, with nearly twice as many Chinese consumers making a mobile purchase over the previous 12 months than their American counterparts, a study by the…
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What I read this week: A digital payment infra for India and if China is nearing a debt crisis
The debt treadmill In June, Torsten Slok, chief international economist at Deutsche Bank Securities, published a chart showing that China’s credit bubble exceeded even that of the US in 2007, on the cusp of the…
Deutsche Bank stake in China's Harvest offers some comfort in troubled times
HONG KONG In the checkered history of foreign-sino joint ventures, Deutsche Bank’s (DBKGn.DE) 30 percent stake in Beijing-based Harvest Fund Management has proven a savvy investment – and may provide the German bank with a…
China's money rates drop on liquidity support and mild yuan recovery
SHANGHAI, Nov 4 China’s primary money rates fell sharply for the week on liquidity support through a central bank-led medium term lending facility (MLF), and mild yuan strengthening against the dollar also eased demand for…
Investment banking activity in Singapore in downward spiral
Most of the bank’s employees in the region are located in Hong Kong, Singapore, and China and it is in these countries that the cuts will take place. Goldman is not the only investment bank…
All eyes on central banker Zhou after finance minister Lou steps down
China’s longest-serving central bank governor, steps down and who can replace him? The answer matters for the Chinese economy and the world because Zhou and Lou are regarded as the cream of the pro-market Chinese…
South Korean Bank Creates Cross-Border Bitcoin Service
A joint effort between the bank and Streami Inc. will oversee the cross-border service between Korea and China. Shinhan Bank and Streami Plan to Launch South Korean Bitcoin Remittance Platform Blockchain remittance could save significant…
China has limited room for further monetary easing: CICC
Investment bank CICC believes there is limited room for China’s central bank to use further monetary easing, saying focus would shift to curbing asset bubbles and guarding against financial risks. Room for further monetary easing…
Bank Of China's $500M LSE 'Green' Bond Listing Cements Exchange's Position
With the London Stock Exchange (LSE) welcoming the listing of the first ever Chinese Green Covered Bond today from the Bank of China, which raises $500m from international investors split between Asia and Europe, it…
What will happen to China's Obama now?
US President Barack Obama will be leaving the White House in January, but does that mean that China’s Obama will be out of a job too? Xiao Jiguo, a 30-year-old Chinese actor, rose to fame…
Is China Unicom (Hong Kong) Limited (NYSE:CHU), a large market cap stock a smart buy?
With a market cap of 26980.05, China Unicom (Hong Kong) Limited (NYSE:CHU) has a large market cap size. China Unicom (Hong Kong) Limited (NYSE: CHU) has been on the stock market since its IPO date…
China Biomarker Technology Industry Research Report
Consistent with our stated policy of making available the best research material from across the globe to our ever-growing list of erudite clients, here is another report that is sure to meet their high expectations.…
Chinese Shoppers Twice as Likely to Shop on Mobile
Chinese consumers are almost twice as likely to make purchases on smartphones and tablets compared to US shoppers, with nearly a quarter of mobile users in China making daily purchases on their mobile device. The…