Finance

Finance

China and Germany planning to launch offshore yuan center

Beijing and Berlin are teaming up in order to launch an offshore yuan trading center on March 28, 2014, after the president of China,...

Japan to provide one-time cash handouts to families with young children

Japanese government is set to offer a special child benefit worth ¥10,000 to households all across the nation who have children aged 15 or...

China’s central bank halts online payments

The central bank of China halted popular credit card services, as well as barcode-based mobile payments. The recent move has been made due to...

Asian economy showing signs of improvement

As March 2014 progresses, it has been noticed that the condition in the global market is slowly, but surely improving. The current chaos in...

Philippines to benefit from G20’s plan for economic growth

The country of Philippines is set to benefit from the G20's plan to enable economic growth. In a statement issued by the Group of...

High production costs affect Thai rice farmers

Rice producers in Thailand are facing difficult times due to high production costs. Even the leading farmers in the country are having the lowest...

Finance minster encourages European companies to invest in South Korea

The Finance Minister of South Korea encouraged European companies to expand their investments in the country. Hyun Oh-seok has assured that the government of...

Indonesian banks to attract more prepaid cards users

In recent times, the people of Indonesia are getting used to using their prepaid cards for various transactions on a daily basis. With this...

India’s rail budget to introduce 72 new trains in 2014

Mallikarjun Kharge, the Railway Minister of India announced on February 12, 2014 that passenger fares and freight rates will stay the same and will...

China to prolong subsidies on electric cars after 2015

The usage of electric cars is becoming increasingly popular on a daily basis. China is considered to be the second-biggest energy user in the...