Ecmoho, an online marketplace for drugs and supplements, is planning a U.S. initial public offering, according to people with knowledge of the matter. The Shanghai-based company is working with … ( read original story …)
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China Online Pharmacy Ecmoho Plans $100 Million U.S. IPO
China’s Small Banks Turn to Exchanges for Cash as Money Markets Tighten
China’s securities watchdog has urged large non-bank financial institutions to lend in the interbank market to smaller non-bank firms to help ease any cash shortfalls. The central bank has also … ( read original story…
China’s Belt And Road Can Speed Development, Needs Transparency: World Bank
China’s massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing countries, the World Bank said on Tuesday in a new report that called … ( read…
Markets Say U.S. Doesn’t Need China—or Fed—to Buy Its Debt
The concern is that if the People’s Bank of China decided to dump Treasuries, it would send U.S. interest rates spiking higher, just when Trump’s administration is borrowing more. A real-time … ( read original…
European Central Bank hints at stimulus – drawing Trump ire
Eurozone inflation of 1.2% is below the European Central Bank’s goal of just under 2%, considered best for the economy, while growth prospects are under pressure from uncertainty about issues such as … ( read…
China snub, drought and debt shake finances of Canada’s farmers
Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola … national director of agriculture at Royal Bank of Canada. Now amid harder times, … ( read…
AGRICULTURAL BANK OF CHINA LTD
The company’s partnership with Jumio streamlines digital onboarding, eliminating the need for customers to visit branch offices when creating new banking accounts Jumio, the leading AI-powered trusted … ( read original story …)
‘Duterte should demand compensation over Recto Bank incident’
Defense Secretary Delfin Lorenzana said Duterte favors a joint probe with China. The captain of the Filipino fishing boat Gem Ver believes that the Chinese vessel intentionally hit them on June 9 at … (…
Central Bank Striving To Build Closer Hungary-China Ties
The National Bank of Hungary is working to build closer business cooperation between Hungary and China, the central bank’s deputy governor said on Tuesday. Speaking at an event marking the 70th … ( read original…
In China’s Chongqing, high-rises buck property slowdown
In many Chinese cities, government restrictions have cooled formerly feverish property markets, but in the southwestern city of Chongqing, construction is booming and sales soaring as investors rush … ( read original story …)
China hosts conference to promote AI ethical standards
… provided to China Daily] China is keen on ensuring that ethical standards take hold in the booming artificial intelligence industry, says Chen Xiaoping, director of the Robotics Lab at the … ( read original…
Trax eyes greater presence in China with LenzTech
According to company officials, the merger will combine Trax’s expertise in merchandising strategies and LenzTech’s crowdsourcing market competitiveness and AI technology to help digitize China’s … ( read original story …)
Hexindai Reports Unaudited Fourth Quarter and Fiscal Year 2019 Financial Results
BEIJING, June 18, 2019 (GLOBE NEWSWIRE) — Hexindai Inc. (NASDAQ:HX) (“Hexindai” or the “Company”), a fast-growing consumer lending marketplace in China, today announced its unaudited financial … ( read original story …)
