China Leads the Global Fintech Industry
With no long-term strategy whatsoever and no inkling of what it really wants except to "win," the Trump administration has purposely triggered a trade war with China that will engulf the entire world.
Find Out Which AI Technologies are Shaping our Future Meta description: A thing that was Sci-Fi movies material just 10 – 15 years back, Artificial Intelligence is more and more present in our daily lives in one form or another. Sure, you can’t speak about intelligent robots just yet. However, AI technologies are already making our lives easier.
Online gambling has been a topic of debate for many years in the US. Back in 2013, the government allowed individual states to legalize the operation of online casinos, but there are many restrictions in place.
On January 9th of 2018, The World Bank released their global economy forecast for the year ahead. In it, they revealed that they expect 2018 to be a year of growth, by approximately 3.1 percent.
The Macau Gaming Inspection Coordination Bureau has recently posted results showing gaming revenues rose by 19% over the course of the last 12 months, climbing to $33.1bn. This represents a huge step in the right direction for Macau who has posted negative results since 2014.
There have been complaints of favouritism towards India after China’s larger offer was rebuffed
China on Tuesday called on the United States to restrain the use of trade restrictions after the latter decided to launch trade remedy investigations on imported welded pipes.
The current interest rate in the United States is 1.00% - 1.25%. At its last meeting on July 26, 2017, the Fed left the federal funds rate unchanged, after poring over US economic data. The current interest rate is likely to remain in the region of 1.00% – 1.25% for several months.
A number of U.S. companies are positioning to get their share in the $1 trillion worth of investments as China’s Belt and Road initiative is drawing both companies and countries into the plan’s economic and geopolitical influence, The New York Times reported.
Ant Financial is facing backlash for its $1.2 billion buyout of MoneyGram as U.S. lawmakers accuse the acquisition of the U.S. cash-transfer group as a security threat.
Ctrip.com International Ltd. saw a 46 percent growth to 6.1 billion yuan ($884 million) in net revenues in the first quarter, according to the online service provider’s unaudited financial report released on Wednesday, May 10.
China National Building Material Group (CNBM), the biggest cement maker in the country, is taking advantage of business opportunities presented by the “Belt and Road” initiative, which spurred infrastructure boom in the region, Song Zhiping, the company chairman, said in a Bloomberg Television interview in Zhuzhou, Hunan Province.
SoftBank announced that its net profit has reached the one trillion mark. This figure is three times higher than last year's.
China’s economy has obviously improved, with strong performance posted in the first three months of the year, amid concerns over market volatility, according to Goldman Sachs.
