SHANGHAI (Reuters) - China's central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of a tightening policy bias as the economy shows signs of steadying. ( read original story ...)
HSBC to launch P2P mobile wallet
Hongkong and Shanghai Banking Corporation is expected to launch a mobile wallet next week to take part in the emerging P2P payment market, local media reports.PayMe from HSBC, the P2P mobile app that could bundle a Visa or MasterCard credit card ... ( read original story ...)
China raises interest rates for Standing Lending Facility loans – sources
SHANGHAI Feb 3 China's central bank raised the lending rates on its standing lending facility (SLF) loans on Friday, two banking sources said. The overnight rate for the SLF loan was raised to 3.1 percent from 2.75 percent, the rate for seven-day tenor to ... ( read original story ...)
Deadline day: Chinese Super League flexes financial muscle during January transfer window
This season, Shanghai SIPG alone has spent more than $100 million signing Brazilian pair Oscar and Hulk -- and will spend many more millions on player wages. Shanghai Greenland Shenhua, meanwhile, made Carlos Tevez the highest earning footballer on the ... ( read original story ...)
First Global Plans China Business Tour and Forms Advisory Board
TORONTO, Feb. 2, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") would like to advise that it will be visiting the cities of Shanghai ... but rather will be focused on business expansion internationally in key markets and key ... ( read original story ...)
Branches of a dead tree used to hang five rustlers
A posse led by Shanghai Pierce caught a gang of rustlers near Carancahua Creek in Matagorda County. There were three Lunn brothers, a stranger, and John Smith, who was called “All-Jaw” because of the shape of his face. They had been killing and ... ( read original story ...)
Missing Chinese tycoon Xiao Jianhua’s company says ‘all normal’ at business empire
SHANGHAI (AFP) – Missing Chinese billionaire Xiao Jianhua’s company said on Thursday (Feb 2) all was “normal” in his business empire but did not address reports that he was whisked to China for investigations into 2015 stock market turmoil. ( read original story ...)