China’s central bank will likely need to increase interest rates further in coming months

China’s central bank will probably have to raise interest rates in coming months as the three movements from mid-October leave household wealth being eroded by rising inflation. The People’s Bank of China yesterday raised the rate of one-year loans by a quarter percentage...

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Facebook opens an office in Hong Kong

Facebook plans to open a sales office in Hong Kong ad in order to strengthen its presence in the region. This decision comes shortly after the visit of Mark Zuckerberg, Facebook CEO of China, where he was seen visiting the Beijing headquarters of the search engine the...

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Y Combinator is backing Chirply Threadless for paper products

You're probably tired of going back to Hallmark time and again by the same letters seriously grandmother has been sending for years, and I would be surprised if we are running out of occasions that demand a card with a single-line cheese or a stanza of poetry corny. Fortunately, YC-backed Chirply, which starts this week, is breathing new life into...

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