Chinese tourism website Woqu.com recently confirmed that the company gained USD20 million investment during its second round of financing. The investment was led by Tencent and followed by Morningside Ventures. Founded by former Mangocity president Huang Zhiwen in October 2013, Woqu.com focuses on the American independent travel market. The website was officially launched in April 2014 and its ...
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- U.S. ISM Manufacturing Survey Expected to Fall Back from Highest Reading Since March 2011. - Even Though Employment Component Narrowed in August, Still Marked the Second-Highest Print for 2014. Trading the News: U.S. ISM Manufacturing A downtick in the ISM Manufacturing survey may generate a bearish dollar reaction (bullish EUR/USD) should the data print dampen the outlook for growth and inflation. What’s Expected: ...
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