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Tencent Holdings, in partnership with a financial start-up, founded by its former employee, has launched a digital platform for transactions with Chinese bonds, Bloomberg reports. The platform of the Chinese Internet giant Tencent was called QTrade. It, like the analogue of QQ's popular messenger, fully meets the requirements in the sphere of securities trading, as well as in the sphere of security. Co-founder of QTrade, Zhou Jingyu, explained that the algorithm first authorizes both parties of the transaction, and then stores their correspondence and reports on transactions for at least 5 years.
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
BMW’s head of influential work council said that they must head toward a technology platform specifically for electric cars, moving away from only developing cars that can be refitted with either electric or combustion engines. "Only ...
Chinese tech giant Tencent said on Thursday that it had purchased Malaysian video streaming platform Iflix’s “content, technology, and resources” in order to further grow its presence in Southeast Asia. Tencent said in a ...
Asian stocks rose earlier on Tuesday, surging overnight in U.S. markets after the Fed announced new measures in a bid to recover the U.S. economy from the COVID-19 virus. Japan’s Nikkei climbed by 3.42% at 10:16 PM ET (3:16 AM GMT), ...
Tuesday morning saw the price of gold in Asia, effectively offsetting a number of its losses from a session before. The reported climb recorded after the U.S. Federal Reserve moved to buy individual corporate bonds through the secondary market ...
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