SHANGHAI, Jan 9 China stocks started the week on a firmer note on Monday, led by defence stocks that surged after a state-run tabloid said China would seek to "take revenge" should U.S. President-elect Donald Trump abandon the "one-China" policy. ( read original story ...)
McDonald’s China Operations to Be Sold to Locally Led Consortium
McDonald’s opted for a franchise deal to save on investing and modernizing stores itself, according to Ben Cavender, a senior analyst at China Market Research, a consultancy based in Shanghai. “At the end of the day they can make more money,” Mr ... ( read original story ...)
Big China bitcoin exchange says no government pressure on outflows
The Shanghai office of the People's Bank of China (PBOC) said on Friday it had met with BTCC to understand the platform's operations, highlight the risks, remind the exchange to abide by the law, and "urge the platform to carry out self-examination and ... ( read original story ...)
Will free wifi trial on Sydney buses put your privacy at risk?
The New South Wales Greens are concerned a deal between the State Government and a private advertising company to provide free wifi on Sydney's public buses may put commuter privacy at risk. Under the new trial 50 Sydney buses will be fitted with free wifi ... ( read original story ...)
China-led consortium wins 40% stake in Pakistan bourse
NEW DELHI/SHANGHAI -- A consortium led by Chinese stock exchanges has obtained approval to buy a 40% stake in the Pakistan Stock Exchange, or PSX, The Nikkei has confirmed with Haroon Askari, the bourse's deputy managing director. The deal marks the first ... ( read original story ...)
BRIEF-Shanghai Beite Technology proposes 2016 div payment
Jan 6 Shanghai Beite Technology Co Ltd : * Says it proposed to use additional paid-in capital to distribute 15 new shares for every 10 shares to shareholders as 2016 dividend Source text in Chinese: goo.gl/sEKTih Further company Coverage: (Beijing Headline ... ( read original story ...)
Mall worker accidentally treats Ningbo shoppers to 5 minutes of porn on giant LED screen
Shoppers in Ningbo were given a special treat last week when a giant, public LED screen started playing a porn video that had been accidentally uploaded from a worker's personal collection. The impromptu screening occurred during the day in Ningbo's ... ( read original story ...)