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To pose a competitive threat to prominent rival Apple, Chinese tech company Huawei launched its new smartphone on Thursday. The firm’s Mate 30 intends to rival the almighty iPhone 11. According to Huawei officials, the enterprise’s newest offering to the market is more compact than its competitors, and as a bonus, its camera is significantly…
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A new survey has detailed how governments can profit by investing in cutting urban emissions. The study released on Thursday notes that if governments invest about $1.83 trillion yearly, the returns will be in trillions. The report by 50 international institutions under the ‘Coalition for Urban Transitions’ pointed out that energy saving costs would tally…
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The New York Federal Reserve has now pumped $128 billion into overnight lending markets in a bid to lower the interest rates. The drastic action was implemented in two days. On Tuesday, the central bank injected $53 billion and another $75 billion on Wednesday. The Federal Reserve was staring at soaring interest rates that could…
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OP-ED: This in-depth opinion article is written by someone who is not affiliated with the LearnBonds editorial staff. Edited by Justin B. More than a decade ago, Satoshi Nakamoto, the mysterious inventor of the modern-day crypto-hawala published his white paper, “Bitcoin: A Peer-to-Peer Electronic Cash System”. The choice of the term itself already alludes to…
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The Tesla Model 3 is outperforming other competitors in terms of sales, according to data provided by EV Volumes. Telsa is currently selling over 2.5x more cars than its closest competitor, the BJEV EU-Series EV. Tesla Model 3 Sales Boom According to EV Volumes, 128,000 units of Tesla Model 3 were sold during the first…
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South Korea is expected to be setting up a $252 million fund (₩300 billion won) in order to help fintech firms receive more money to improve their operations. The information was released by the local financial regulator on September 18. South Korea To Help FinTech Firms According to Eun Sung-soo, the Chairman of the Financial…
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P2P lending has been expanding in many regions around the world through different platforms and solutions. According to a recent report released by Statista, the top 5 countries with the largest P2P lending volumes in 2019 are China, the United States, the United Kingdom, Germany and France. P2P Lending Volumes Expand As reported by Statista,…
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Singapore-based Fintech bank, Arival Bank has raised $2.3 million dollars in a pres-series equity crowdfunding campaign. The campaign was spearheaded by two other companies. These were UK-based Crowdcube and New York-based Seedinvest. Arrival Bank is a fintech bank for both medium and small-sized enterprises and crypto businesses that was founded in 2017. It partners with…
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Huawei Investment Holdings applied for approval in order to raise 6 billion yuan ($844 million) in two tranches of bonds worth 3 billion yuan each. This is the first time the company tries the on-shore bond market. The information was released a few hours ago. Huawei Enters On-Shore Yuan Bond Market Huawei Investment Holdings will…
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Peer-to-peer lending (P2P lending) allows borrowers such as individuals and businesses to directly borrow money from lenders through online services without dealing with intermediaries, such as banks and credit companies. P2P Lending Declines In China This form of technology-based lending practice offers option to borrowers who are hampered by strict loan requirements of traditional loan…
