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Covering all aspects of financial services in Asia from banking in China to algo trading in Japan.
Without too much fanfare, Nokia and China Unionpay recently launched a near field communication (NFC) contactless payments trial in Shanghai allowing users to download a loyalty application over the a...
The Olympics Amongst all of the events happening in China in 2008, without a doubt, the most important item on the Chinese agenda this year is the Beijing Olympics. Seen by both domestic and internat...
Betting on the Dragon Since January 2000, the Shanghai Stock Exchange composite has grown by an average of 20% a year. Compared to other past market bubbles, we can see that while the shanghai market ...
Year 4706, the year of the rat, begins on February 7th in China this year. With the celebration just under a month away, it’s tempting to use the time to procrastinate on making predictions on what wi...
The Shanghai stock market continues to defy expectations -- up nearly 100% in 2007. Most of the commentary on the Shanghai market depicts the average Chinese investor as unknowledgeable and following...
According to a recent statistic published by China Union Pay, Chinese banks have issued more than 1.3 billion debit, credit and ‘quasi’-credit cards through the end of September. This means that, on ...
Two years ago in 2005, GE agreed to buy a 7% stake in Shenzhen Development Bank, which at the time was worth US$100M. However, the deal had been held up due due to disagreements amongst the sharehold...
Not to miss the ‘invest in China’ boat, yesterday, Bear Stearns and Citic Securities announced a co-investment partnership agreement. If everything is approved by the regulators, which it likely will...
For the past few weeks, most of the major news in China has centred on the Communist Party Congress. This is an pretty important event in China that happens once every 5 years and usually results in ...
The China Banking Regulatory Commission recently reported Chinese banking industry numbers and for a brief comparison: Profits: 1H2007 - 268.97 billion yuan (35.8 billion U.S. dollars) FY2003 – 32.28...
Lead Toys With recall troubles dating back to 2005 when a toddler in the US ate a loose magnet and later died, the toy manufacture Mattel has been in the centre of a toy recall that has thousands of c...
On a recent trip to Singapore, I was shocked to see that the 3 bedroom flat that I used to rent with a few people in 2004 for SGP$2,100 was now renting for SGP$4,300. Just over double in 3 years. No...