BUMN housing, Perumnas will build a new town worth Rp30 trillion in Medan, North Sumatra. This long-term project will be developed in the next 10 years. Marketing Director Perumnas Muhammad Nawir said the new town was now in the stage of submission of licensing...

Neusoft Group has signed an agreement with Alpine Electronics and Shenyang Fu Rui Chi to build a joint venture: Neusoft Ruichi Automotive Technology (Shanghai) Co., Ltd. to start internet business in new energy automobile electronics. Neusoft Ruichi will have capital of CNY384...

Bank of England watchers are bracing themselves for an unusually large barrage of information Thursday that should offer fresh clues as to when officials are likely to raise interest rates...

Alibaba cloud computing group and Chinese Academy of Sciences signed a memorandum to co-found the Alibaba Quantum Computing Laboratory to take the study and applications of quantum theory to the next level...

Apple's shares closed at $114.64 yesterday, basically where they started the year despite rising to $134 in April. Undoubtedly, the company is going through tough times...

Bank of Tokyo-Mitsubishi (BTMU) made their fundamental forecasts for EURUSD based on some fundamental factors: "The euro weakened in July with the focus in the foreign exchange market shifting away from the uncertainty related to ‘Grexit’ and back to the monetary policy divergence between the eur...

The MetaTrader 5 trading platform has further expanded its presence in Brazil. The country's second-largest broker Rico Corretora has launched MetaTrader 5 for Stocks, Futures and Options trading with BM&FBovespa...

About twenty-five years ago, Ni Meijuan got 19 u.s. dollars a month working as an operator in a spinning textile mill in the city of Hangzhou in China. Currently at the cotton mill Keer in South Carolina, which opened last April, Ni teaches how to do ordinary work that he did for U.S. workers...

The CEO of the bankrupt company MtGox (which used be the world's biggest exchange of the virtual currency, bitcoin) was arrested in Japan...

This week’s most awaited reports include non-farm payroll data, U.S. core PCE, BOJ, RBA and BOE rate decisions, U.S. factory orders, U.K. manufacturing production, China’s CPI, U.S. manufacturing PMI, China’s CPI, and German factory orders...

Monday will mark a resumption of trading on Greek financial markets after a five-week suspension amid continuing negotiations with creditors on austerity measures and reforms required for a third bailout...

In a bid to boost the security of credit and debit cards, a French tech company has come up with a way of dynamically generating CVV codes that change every 40-60 minutes...

The average interest rate charged on credit cards has soared - reaching record heights, and has brought the future of customer reward schemes into question, as the EU rules to place a cap on interchange fees...

Consumers in the UK are spending more of their cards than ever before, with over 1 billion transactions in February, according to figures released by the UK Cards Association. A total of £49...

The UK is one of three EU member states that have opted out of signing up to new guidelines from the European Banking Authority (EBA) on standards for payment service providers...

Banks in several countries have come under fire from a new type of financial cyberattack, in which a virus is placed on bank computer systems, allowing cash withdrawals from ATM machines to users without an account, according to officials for Interpol...

The World’s first commodities exchange in physically settled diamonds will be launched in Singapore in September this year...

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According to Liu Peng (general manager of Tmall Global) this is an innovation e-commerce - by introducing overseas duty free stores to customers, Tmall provides a new model to tourists who shop in foreign countries...

Japan's Factory Output Is Moderate, GDP Is Weakened...