5. Online sales contributed 82.6 percent of sales. Online sales have prompted traditional stores, including 13 of Beijing's 77 "time-honored brands" from snack stores to shoes sellers, to move their goods online.
6. To make a long story short, the Seppenwolde group went bankrupt shortly after Christmas of 1772. The disaster was a top story in Dutch newspapers. It ruined some of Amsterdam’s merchants and bankers. To prevent a general credit collapse, the city of Amsterdam stepped in temporarily as a lender of last resort. Sound familiar?
1. Industrial production rose 6.1 per cent year on year in October, according to China’s National Bureau of Statistics, unchanged from September’s level and just below a median forecast from economists of 6.2 per cent.
3. "Many companies operating with reduced staff levels are bringing in reinforcements to relieve their overworked teams," notes Max Messmer, Robert Half's chairman and CEO. "While some firms are backfilling positions out of necessity, businesses are also hiring to accommodate anticipated growth in 2011."
4. In addition to the growth in P2P lending, a number of online banks and lenders have been created this year — such as Tencent’s Webank, Alibaba’s Mybank and Ant Financial’s Sesame Credit.
4. That's the headline flashing red warnings. After reviewing 20 cycles tracked by 20 other experts, GoldSeek.com concluded: 'There are many cycles that suggest a stock-market correction or crash is near ... Preparation is important. You still have a little time remaining before the 'window' closes!'
5. A woman's portrait has not been printed on U.S. paper money since 1896, when Martha Washington, the wife of the first U.S. president, was shown on a one dollar silver certificate.
6. ICBC said net profits increased 0.5 per cent for the year to December 31 2015 — the smallest increase since it listed. Returns on average total assets declined 0.1 percentage points to 1.30 per cent.
1. The demagogue’s campaign leads naturally to despotism — the tyranny of the majority that is a mask on the tyranny of one.