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JP Morgan, Nomura get nod for China brok...
JP Morgan and Nomura have won Chinese regulatory approval to set up majority-owned brokerage joint ventures, in China’s latest move to open its financial sector up to foreign firms. The China Securit
AIIB approves $120-mln loan for Banglade...
Asian Infrastructure Investment Bank (AIIB) has approved a loan of 120 million U.S. dollars for a project that will upgrade and expand the power transmission system in Bangladesh's southeastern Chitt
Murdoch's new Fox debuts on Nasdaq
Fox Corp debuted on the Nasdaq on Tuesday, marking a new phase for billionaire Rupert Murdoch's media business after the 71-billion-U.S.-dollar sale of Twenty-First Century Fox Inc's film and televis
China-focused online brokerage Up Fintec...
NEW YORK, March 20 (Xinhua) -- UP Fintech Holding Limited, a leading online brokerage firm focusing on global Chinese investors, rang the Nasdaq Stock Market opening bell on Wednesday in celebration
U.S. toy industry to discuss expansion i...
The U.S. toy industry will discuss strategies for expansion in Brazil and China, two of the world's most populous countries here on Sunday, according to a press release from The Toy Association. The
Nomura chairman advises China to focus o...
Taking Japan's experience as a reference, China should tackle with the debt issue as soon as possible to avoid further risks, Nobuyuki Koga, chairman of Nomura Holdings, told CGTN in an interview on
Tokyo stocks open higher as investors bu...
TOKYO, March 11 (Xinhua) -- Tokyo stocks opened higher Monday as investors snapped up issues deemed cheap following the Nikkei's four-day run of closing lows last week. As of 9:15 a.m., the 225-issue
ECB rate move hinges on downturn's durat...
The timing of the European Central Bank's first post-crisis rate hike hinges on whether the euro zone's current slowdown is a blip or a more protracted downturn, ECB policymaker Francois Villeroy de
WTO confirms US failed to fully comply o...
The World Trade Organization (WTO) ruled Thursday that Washington failed to fully comply with a 2012 order to halt subsidies to Boeing, marking a partial victory for rival aircraft-maker Airbus and t
Interview: Chinese takeover brings no ch...
by Ren Ke, Li Meng BERLIN, March 14 (Xinhua) -- After being taken over by a Chinese state-owned company, Germany's EEW Energy From Waste is on a steady growth track, instead of holding doubts at the
Sterling surges as May secures Brexit as...
Sterling rose sharply on Tuesday as speculation swirled that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal. The pound extended earlier gains as May won l
China toughens NEV subsidy policies
Chinese authorities on Tuesday unveiled tougher policies for subsidizing the purchases of new energy vehicles (NEVs) to push for the sector's high-quality development. The Ministry of Finance said in
Chinese yuan's share of global currency ...
The Chinese yuan's share of currency reserves increased to 1.89 percent in the fourth quarter of 2018, ranking the fifth among all allocated reserves, the International Monetary Fund (IMF) said Frida
Troubled Apple supplier Japan Display to...
Apple supplier Japan Display Inc said on Monday it aims to raise as much as 990 million U.S. dollars in new financing as early as this week, sending shares of the struggling manufacturer sharply high
