A beauty robot serves customers at a 5G+ smart bank, Qinghuayuan branch of China Construction Bank, in Beijing on July 15, 2019. [Photo/IC] BEIJING – Beijing has built 5,285 5G base stations across … (…
FINANCE
Banking and Financial Smart Cards Market | Comprehensive Industry and Vendor Landscape 2022
analyzes and researches the Banking and Financial Smart Cards development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in … ( read original…
Australian fintechs urged to look at the super apps of China to take their business to the next level
A recent editorial collaboration between Knowledge@Wharton and the Swift Institute, “Fintech in China: What Lies Ahead?” highlighted the opportunity Open Banking offers. Wharton School Dean Geoffrey … ( read original story …)
Bank of Korea Cuts Key Interest Rate as Risks to Economy Grow
(Bloomberg) — The Bank of Korea lowered its benchmark interest rate less … said before the decision was announced. The U.S.-China trade war, China’s own economic slowdown and a slump in the … ( read…
China blocking Malaysian and Vietnamese oil and gas vessels shows greater willingness to intimidate, says think tank
The analysis comes with a stand-off simmering between Chinese and Vietnamese vessels at Vanguard Bank, a reef in the disputed Spratly Islands , risking an escalation of tensions and anti-China … ( read original story…
Why investors might be better off with a U.S.-China trade war, Home Capital’s comeback, and some dividend-rich ETFs worth buying
The market’s high degree of sensitivity to financial conditions suggests that, in a hypothetical trade-war-free world where central banks were withdrawing stimulus, stocks would be lower than they are … ( read original story …)
China’s economy would grow by 7.5 per cent this year, were it not for the trade war, ING says
China’s economy would have grown by 7.5 per cent this year – against a current projection of 6.3 per cent – were it not for its trade war with the United States, Dutch investment bank…
In The Thick Of It: Bank Results Highlight Morning, With NFLX At Center Screen Late
Bank of America Corp (NYSE … creeping back into the picture after President Trump’s comments about the China trade situation yesterday (see more below). Small-caps out-performed large-caps … ( read original story …)
China blocking Malaysian and Vietnamese oil and gas vessels ‘shows greater willingness to use force’, think tank says
The analysis comes with a stand-off simmering between Chinese and Vietnamese vessels at Vanguard Bank, a reef in the disputed Spratly Islands , risking an escalation of tensions and anti-China … ( read original story…
What to watch today: Banking earnings, EU’s Amazon probe, and Elon Musk’s brain computer
BofA beat estimates with profits on retail banking strength (CNBC) Shares of Nu Skin Enterprises (NUS) were tanking about 20% in the premarket after the company said second-quarter earnings would come … ( read original…
IoT in Banking and Financial Service Market Demand by 2025: QY Research
Japan IoT in Banking & Financial Service market (sales price, volume, and value) Chapter Six: China IoT in Banking & Financial Service market (sales price, volume, and value) Chapter Seven … ( read original story…
Bank of America rakes in record profit
Bank of America also signaled strength from the business sector, despite the ongoing US-China trade war. Average loans and leases in its global banking division rose 5%, while deposits climbed 12%. … ( read original…
In the Thick of It: Bank Of America This Morning Followed By Netflix After the Close
with strong consumer banking performance Netflix reports this afternoon, becoming the first FAANG to deliver quarterly results Caution begins to creep into the markets as China trade tensions back in … ( read original story…
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