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Zero interest-rate policy is back as Switzerland cuts rates by a
quarter-point down to nothing
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The era of zero interest-rate policy is back, after the Swiss National Bank
on Thursday lowered interest rates to zero.
1 hour ago
Seed Newsvine
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"The idea is to make sure users can do everything they want in an Internet site. It's a way for Internet companies to make sure users stick to their sites rather than go to their rivals," said Jane Wang, an analyst with UK-based research firm Ovum.
ReplyDeleteTencent dominates China's $5-billion online gaming market with hits such as Dungeon & Fighter where players slay monsters with lightsabers and Three Kingdoms where swordsmen battle in ancient China. "There is a ceiling in Internet value-added services, so that is giving us a sense of urgency," Tencent founder and CEO Pony Ma told reporters this month.