New Alibaba Group CEO Eddie Wu has told staff the tech giant's two main strategic focuses going forward will be "user first" and "AI-driven", according to an internal letter reviewed by Reuters. ( read original story ...)
Exclusive-China’s central bank to scrutinise bulk dollar purchases – sources
BEIJING/SHANGHAI (Reuters) -China’s central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time when ... ( read original story ...)
Exclusive-China’s Central Bank to Peruse Bulk Dollar Purchases – Sources
BEIJING/SHANGHAI (Reuters) - China's central bank is tightening its scrutiny of bulk dollar purchases by domestic firms, three sources with direct knowledge of the matter said on Monday, at a time ... ( read original story ...)
Alfa Bank board of directors approves establishing two branches in China
MOSCOW. Sept 11 (Interfax) - The board of directors of Alfa Bank has decided to establish two branches in China, one each in Beijing and Shanghai, the lending institution's press service said in a ... ( read original story ...)
Stock market today: Asian shares mostly higher as investors await US inflation, China economic data
Stock prices are mostly higher in Asia as investors watch for U.S. inflation figures and China's latest economic data ... ( read original story ...)
China’s central bank yanks yuan off 16-year low with strongest fixing bias
(Updates prices, adds table) SHANGHAI/SINGAPORE, Sept 11 (Reuters) - China's central bank yanked the yuan off a 16-year low against the dollar on Monday by setting the daily midpoint guidance with ... ( read original story ...)
Dorsey’s Shanghai Office Moves to CITIC Square
The Shanghai office of international law firm Dorsey & Whitney has moved to a new address: CITIC Square, Suite 3707-3708, 1168 Nan Jing West Road, ... ( read original story ...)