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Fintech Focus For October 26, 2020
Sunday, October 25, 2020 - 10:22pm | 1955Quote Of The Day: Love the life you live. Live the life you love. - Bob Marley Fintech Movers: As fintech companies mature, many no longer aspire to be the best at one thing. That could mean not only new revenue sources for fintech companies, but also additional venture capital to startups and...
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Fintech Focus For September 25, 2020
Thursday, September 24, 2020 - 5:18pm | 2049Quote Of The Day: War is what happens when language fails. - Margaret Atwood Fintech Movers: NYCE, a fintech geared towards real estate investing, formally announced it became the fastest real estate company to raise $1 million through the Regulation CF, on the Wefunder and Republic investing...
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TikTok Owner Partners With State Media Firm To Offer Blockchain, AI Services In China
Monday, December 16, 2019 - 12:59am | 280A subsidiary of Beijing-based internet company ByteDance has formed a joint venture with state-run media firm Shanghai Dongfang Newspaper Co Ltd, according to Reuters. What Happened The new company called Pengpai Audiovisual Technology (Jinan) Co Ltd will offer services related to artificial...
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Senate Passes Bill To Support Hong Kong Protestors
Wednesday, November 20, 2019 - 12:17am | 277The U.S. Senate has unanimously passed a bill to support the cause of Hong Kong protestors against China’s interference in the semi-autonomous city. What The Senate Passed The bill will require the U.S. Secretary of State to certify every year that Hong Kong retains sufficient autonomy from...
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$1.14B IPO For Chinese Baby Formula Company
Monday, October 28, 2019 - 12:22am | 381Baby formula maker China Feihe Ltd. has reportedly started accepting orders from investors for its initial public offering. The company will be listed on the Stock Exchange of Hong Kong (SEHK). What Happened Feihe is looking to raise up to $1.14 billion for its IPO. To achieve this, the baby...
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Commentary: Great Expectations For Beijing's Daxing Airport – But At What Cost?
Monday, July 8, 2019 - 12:23pm | 787FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. It was recently announced that Beijing's second international airport, Beijing Daxing International Airport, has been...
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Within 20 Years, 35% Of Fortune 3000 Companies Will Be Based In China, Jamie Dimon Says
Tuesday, June 6, 2017 - 7:26am | 375Fast forward 20 years, how many of the world's 3,000 biggest companies in the world will be located in China? Ten percent seems like a reasonable to some, perhaps as much as 20 percent. JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon thinks the number will be as high as 35 percent, or around...
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China's Economy Is Growing, So Why Are Markets Struggling?
Wednesday, July 15, 2015 - 9:44am | 297This week, China released data showing that the nation's economic growth was steady at 7 percent in the second quarter, surprising analysts who were expecting the figures to be weaker. China's National Bureau of Statistics spokesman Sheng Laiyun commented that the figures point to...
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China's A Shares Don't Make MSCI's Cut, But Future Looks Bright
Wednesday, June 10, 2015 - 12:30pm | 353Despite China's efforts to make its markets more accessible to foreign investors, index provider Msci Inc (NYSE: MSCI) said this week it would hold off on including the nation's "A" shares in its Emerging Markets Index (iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM)). Beijing recently...
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Deutsche Bank On Macau: Near-Term Climate Unlikely To Improve
Thursday, December 11, 2014 - 9:27am | 171Carlo Santarelli of Deutsche Bank commented in a note on Thursday that Macau's near-term challenges are unlikely to improve. Santarelli notes that several persistent tailwinds seen over the past six months have had a negative influence in trends. These include China's anti-corruption campaign, “...
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Las Vegas Sands' China Woes
Tuesday, October 14, 2014 - 3:01pm | 734When trouble rears its ugly head in the financial world, China frequently becomes part of the conversation. Las Vegas Sands Corp. (NYSE: LVS) knows this all too well. Macau As a leader in both gaming and lodging, much of the company’s revenue has come from Macau, China. As Zack...
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Looking for the Next Big Market, Tesla Opens Shop in China
Tuesday, December 17, 2013 - 4:29pm | 617Tesla (NASDAQ: TSLA) CEO Elon Musk says he has no idea how well his electric car will sell in China; calling the country a “wild card.” However, since the Chinese have an appetite for large luxury cars -- and since the country suffers from high air pollution, an incentive for the government to...
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Invest in China's inland empire
Wednesday, November 3, 2010 - 2:48am | 628As stated in the last paragraph on my article (Plenty of Hiring - Just not in America), China's manufacturing base is gradually shifting away from coastal and southern tier 1 cities to more inland tier 2 cities. While it is still being debated how fast this transition can be, and whether the...
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Top 10 Largest Buildings in the World
Friday, June 4, 2010 - 5:00am | 1158Looking at the Philadelphia skyline (or any city skyline, for that matter) it is easy to see that in any city the only way to maximize floorspace is to move upward. It is interesting to note that this is not always the case, as the largest building in the world (by floorspace) is a...