American investment in China more than doubled last month from the year before, according to China’s commerce ministry. High tech sector took up almost one-third of the funding. US investment in China grew significantly in January...
Read moreAnt Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirstin a deal that sources tell us is valued at...
Read moreAlibaba Group Holding Ltd has bought an 8 percent stake in Chinese video platform Bilibili Inc, the official Xinhua news agency reported on Thursday. Alibaba’s e-commerce retail arm, Taobao, will own 24 million shares in Bilibili, one of...
Read moreThe future holds a changing landscape for miners’ skillsets in Australia. A vast 77% of mining jobs will be enhanced or redesigned due to technology within the next five years, an EY report for the Minerals Council of Australia on the Future of...
Read moreAsian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-U.S. tariff talks amid reports the White House could extend the deadline for a deal. Bloomberg reported President Donald...
Read moreAlipay, the world’s leading digital payment platform, operated by Ant Financial Services Group, and Walgreens, today announced a collaboration that will bring Alipay’s mobile payment platform to thousands of Walgreens locations...
Read moreApple Inc has sharply increased its efforts to test self-driving cars on public roads but lags far behind market leader Waymo on a key safety metric, according to data released on Wednesday by the California Department of Motor Vehicles. Apple...
Read moreAmazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday. The...
Read moreThis weekend, the Trump administration shed more light on the “American A.I. Initiative,” a plan the President is set to sign today, in hopes of helping keep the U.S. at the forefront of innovation. The executive order highlights, in its own...
Read moreEero competes with Google and others in the home router market. Shares of Netgear fell after the acquisition announcement. The deal comes after Amazon’s bought video doorbell company Ring for $1 billion. Amazon said on Monday that...
Read moreChinese market has contributed greatly to the annual sales growth of Yum! Brands in 2018, according to the latest earnings report of the US fast-food company on Thursday. Among the company’s three backbone business sectors, KFC markets saw...
Read moreThe 5G test bed in Thailand, the United States’ oldest ally in Asia, will be Huawei’s first in Southeast Asia. Thailand’s cooperation with Huawei on the test bed does not mean it is not concerned about security issues, Minister...
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