Internet finance: Challenges and opportunities Views & Analysis
Yu'e Bao is now China's hottest online "piggy bank". Founded in mid-June 2013, it is an online money market fund (MMF) promoted by e-commerce giant Alibaba and offered through Tianhong Asset Management. It offers daily settlement of transactions and ...
ASL bets on the Baccarat craze in Macau Views & Analysis
Life is certainly getting more comfortable for the high-rollers in Macau. After being pampered with things such as limos, gourmet cuisine and private shopping, VIP gamblers will now have help from new technology to make easier bets on casino floors. ...
Regret from Manila but no apology from Aquino China Digest
The Philippines expressed its "most sorrowful regret" and "profound sympathy" Wednesday over the 2010 Manila bus hostage tragedy that killed eight Hong Kong people but stopped short of offering an apology from President Aquino. In a joint statement, ...
Obama back to the future in Asia trip Views & Analysis
Amid a sea of doubts about his vow to “return to Asia”, dubbed as “rebalancing”, after he canceled a planned trip to the region last year, US President Barack Obama is finally back in Asia Wednesday. He is faced with the grueling task of finding a ...
China walks an economic tightrope Views & Analysis
China is pressing the growth button after recent data showed the nation's economy cooled to a multi-year low. On April 18, Premier Li Keqiang chaired a meeting of the National Energy Commission and announced that the government will launch a number ...
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