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Lyft races ahead of Uber to Wall Street ...
Lyft has filed documents for its stock offering, racing ahead of ride-sharing rival Uber for a Wall Street listing that sets the stage for a series of big venture-backed tech firms to hit public mark
Nissan panel to propose bigger role for ...
A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Car
Regulations on financial information ser...
The regulations on financial information services issued by the Cyberspace Administration of China went into effect in February. The stipulations define the services as those that provide users engag
Barclaycard ties up with UnionPay to tar...
Recently, payments processing company Barclaycard, which processes nearly half of the UK's credit and debit card transactions, has tied up with UnionPay International, a subsidiary of China UnionPay,
Equity rally in emerging markets expecte...
The bullish run of stock markets in emerging markets is likely to continue for some time, according to a research note issued by UBS Global Wealth Management. Emerging market equities posted 7 percen
China's app economy on fast track, takin...
Mobile application downloads reached a record 194 billion worldwide last year, with China accounting for nearly 50 percent of the total, according to research firm App Annie. With over 1.4 billion pe
NE China's Jilin province attracts more ...
China's Jilin Province attracted more foreign capital in 2018, with its actual use doubling year on year to 702 million U.S. dollars, according to the Jilin provincial branch of the State Administra
China can 'absolutely' reach deal with U...
China can “absolutely” reach an agreement with the United States on opening up its financial sector, China's top banking regulator said on Tuesday, even as the country's commerce minister admitted ta
White House calls for Fed to reverse on ...
President Donald Trump’s top economic adviser said on Friday the White House would like the Federal Reserve to reverse some of its recent interest rate hikes and stop shrinking its balance sheet to p
China's government debts controllable: o...
China's government debts are controllable, and the risks are under control, anofficial said Sunday at a press conference on the supervision work by the National People's Congress (NPC) for the second
Huawei, Samsung agree to settle patent d...
China's Huawei Technologies and South Korea's Samsung Electronics have agreed to settle a two-year patent dispute in the United States, court documents show. The two companies filed a joint motion to
Ford adds production of electric vehicle...
Ford Motor Co said on Wednesday it is adding production of a fully electric vehicle at a second North American plant as part of its 11 billion U.S. dollars investment plan set last year. The No. 2 U.
China's central bank chief pledges enhan...
China will continue its reform of the financial sector and opening-up of the economy as well as further enhance risk management,the country's central bank governor said on Sunday. Eleven financial op
Buffett's Berkshire says vice chairmen m...
Berkshire Hathaway Inc. on Friday said its newest Vice Chairmen Greg Abel and Ajit Jain were each awarded with about 18 million U.S. dollars last year, in the first detailed look at the pay of the me
Former Fed chief: U.S. yield curve inver...
Former Chair of Federal Reserve of the United States Janet Yellen said on Monday that the U.S. yield curve inversion did not signal a recession, but there might be a rate cut. Speaking at an investme
China to speed up application of methano...
Chinese authorities issued a guideline on Tuesday to speed up the construction of the manufacturing system and market application of methanol-fueled vehicles. Relevant automobile and vehicle componen
Reshaping China's economy: Middle class ...
Doing Pilates, drinking hand-brewed coffee and sharing their travels on social media… This is the typical lifestyle of the new rising middle class in China's major cities. CGTN's Hao Shengnan came to
Huawei tops corporate patent application...
Chinese telecoms giant Huawei Technologies was the top corporate filer of international patent applications in 2018, leading an Asia-based innovation surge accounting for over half of the application
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