The group of emerging market economies have launched their latest effort to face the dominance of Western lenders...
Huawei is ready to battle Alibaba Aliyun cloud service. Huawei's CEO Xu Zhijun told the company would launch public cloud services within two weeks. Xu said in April that Huawei wants to provide customers with a complete cloud service solution...
EU officials have announced that the bridge financing has been sent to Athens today, following several days of work by Brussels officials...
Below are listed the most important events which will likely influence the market sentiment this week...
Hong Kong-based mobile operating system company Acadine Technologies is to make room for itself among the ubiquitous of Android and iOS devices. The company says it received USD100 million in its first round financing from China-based Tsinghua Unigroup International...
Taiwanese PC maker Asus published statistics for the second quarter of 2015: the company's operating revenue was NTD108.403 billion, which was about CNY21.69 billion, a year-on-year increase of 3.05% and a decrease of 3.12% compared with the first quarter of 2015...
ECB President Mario Draghi has confirmed that the central bank left rates unchanged. Besides that, he commented on the ongoing asset-purchase program, as well as liquidity for Greek banks...
The Bank of Canada (BoC) has cut interest rates further allowing the pound sterling to rocket to its best level since 2008. The Canadian dollar exchange rate complex (CAD) fell sharply after the Bank of Canada announced an interest rate cut of 0.25% on the 15th of July 2015...
Violent clashes broke out while the Greek parliament was voting on wide-reaching reforms that are a condition of a third bailout from creditors. Late Wednesday, the austerity bill that will pave the way for financial aid worth 86 billion euros was approved with 229 votes in the 300-seat chamber...
The Prime Minister of Greece, Alexis Tsipras begins with a field for the bailout has sparked a revolt in his own party and struggled to get off the ground as international officials asking new questions about the finances of the State...
Even with interest rates in the EU at record lows, companies have been cautious to finance their future goals with bank loans. After all, we've just overcome a debt crisis. However, that may be changing, says ECB data...
Iran and six major powers have reached a historic nuclear agreement, Reuters reported citing an Iranian diplomat. The news sent oil prices lower...
Jeb Bush caused a stir the other day when he admonished Americans to work more: We have to be a lot more productive … It means that people need to work longer hours and, through their productivity, gain more income for their families...
A final statement, released hours after night-long negotiations at the Euro Summit, confirmed that the Greek authorities have agreed to introduce tough reforms in exchange for a three-year bailout worth up to 86 billion euros...
A planned meeting of European Union leaders has been cancelled as crisis talks continue about Greece's place in the single currency zone...
Greece Submitted A Package Of Proposals For A New Reformation The Government of Greece is sending the package of proposals for new economic reforms to lenders the eurozone Thursday (9/7) in an attempt to memberhasilkan the help of longer funds to avoid bankruptcy, and lobbies for an endorsement f...
U.K. Unexpectedly Commits to Meeting NATO Defense-Spend Goal Britain said it will spend a sum equal to 2 percent of gross domestic product on defense through the end of the decade, ending speculation that the new government would fail to meet the funding goal for NATO members...
Chief executive officer Rajeev Suri has confirmed that Nokia will return to the smartphone market. As part of this transition, Foxconn will make Nokia's first Android smartphone. At present, Foxconn makes N1 tablets for Nokia...
LY.com, one of China's many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. Wanda Culture Industry Group invested CNY3.58 billion in the tourism website...
