Xinhua Finance

2 results about this entity

Period: 22 Feb 2005 - 22 Dec 2008

Deutsche Börse to buy financial news agency from Xinhua

Deutsche Börse is to acquire the US-based financial news agency Market News International (MNI). A purchase agreement was signed last Friday. Market News International will become a 100 per cent subsidiary of Deutsche Börse for US$10 million in cash. The transaction is expected to close by the end of January 2009, subject to approval of the German competition commission (Bundeskartellamt).

FreeStar targets Chinese market with Xinhua Finance alliance

Hong Kong financial information company Xinhua Finance is to market and distribute Finland-based FreeStar Technology's pre-paid debit card system to banks across China.