IMF says trade tensions lead to financial stability risks

Source: Dukascopy Bank SA
On Wednesday, the International Monetary Fund claimed that trade tensions have resulted in a growth of financial stability risks and could increase even more sharply if pressure on emerging markets escalates.
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Wed, 10 Oct 2018 05:39:40 GMT

Chinese Airbnb rival Xiaozhu.com raises $300M

On Wednesday, Chinese short-term rental platform Xiaozhu.com has raised nearly $300M in the latest funding round led by Yunfeng Capital, an investment company of Alibaba's founder Jack Ma.

Wed, 10 Oct 2018 04:36:58 GMT

Huawei unveils two new AI powered chips to boost cloud computing business

On Wednesday, Chinese Huawei, the largest manufacturer of telecom equipment in the world, unveiled two AI powered chips to boost the company's cloud business.

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