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Bank of Japan Keep Rates Steady, Cites Global Economic Risks

by Dorian Holden | Jun 20, 2019 | Business, Daily

Bank of Japan (BOJ), the country’s central bank, kept its much-watched benchmark rate unchanged at a negative level during a policy meeting, but cited growing risks that threaten the global economy. In a decision published on the BOJ website Thursday, majority...

JD.com, Alibaba Group Note Record Sales During Mid-Year Shopping Festival

by Dorian Holden | Jun 20, 2019 | Breaking, Business, Daily, News, Technology

e-Commerce platform JD.com (JD) registered CNY201.5 billion ($31.53 billion) worth of orders during the annual online 6.18 Mid-Year Shopping Festival, marking a year-over-year rise of 26.6%, Caixin Global reported. Separately, JD’s peer, Alibaba Group (BABA),...
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