Nowadays, with the global economy undergoing fundamental transformation, workers worldwide are coming under significant pressure. Particularly in developed economies, social policies must adjust to provide the support that vulnerable populations need.
2015-06-09
Peter Humphrey released from prison after serving about 2 years of 2½-year sentence
2015-06-09
Chinese conglomerate Dalian Wanda Group has launched a commercial property crowdfunding platform to finance the construction of its shopping malls with online payment platform 99 Bill, according to a company announcement. The crowdfunding platform, named Stable Earner No.1, on June 8, will be distributed via 99 Bill's web platform, as well as its mobile app […]
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2015-06-09
Beijing plans massive military parade to mark 70th anniversary of Japan’s surrender in Pacific War
2015-06-09
Shanghai-based anti-bacterial company Phagelux, Inc., has raised US$10 million financing with undisclosed investors, according to a company announcement. "This round of financing will be instrumental in moving our development programs forward, acquiring some additional assets, and even starting to commercialize our first programs," says Mark Engel, chairman of Phagelux. Phagelux develops anti-bacterial solutions for crop […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-06-09
An investor consortium led by Hong Kong-based real estate private equity firm Gaw Capital Partners has agreed to acquire the tallest skyscraper in downtown Seattle for over US$700 million, according to someone with close information of the deal. The identities of the consortium's other participating investors are not known. The group is buying the 76-story […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-06-09
Consumer prices in May rose at slowest pace since January
2015-06-09
China's consumer price index (CPI) eased to 1.2% year-on-year in May, compared with 1.5% in the prior month, as food prices declined in the month, according to data released by China's National Bureau of Statistics. On a monthly basis, the CPI dropped by 0.2%, indicating that domestic demand remains lukewarm. Producer price index (PPI) inflation […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2015-06-09
South Africa-based Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company. T24's primary business activities include Chinese debit card acquiring, and the company has processing relationships with China UnionPay, AliPay and five other Chinese gateways. "We are delighted to have Net1 as a significant […]
2015-06-09
South Korean electronics maker Samsung announced that the company will soon launch its mobile payment service Samsung Pay and will expand this service into Chinese and European markets. Injong Rhee, Samsung's executive vice president, told investors during a company activity in Seoul that they plan to launch mobile payment services in South Korea and America […]