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SEC reveals computer system hacked last year

THE top securities regulator in the United States said Wednesday night that its computer system had been hacked last year, giving the attackers private information that could have been exploited for trading. The ...

September 22, 2017, Friday


Google buys HTC’s Pixel division

Google buys HTC’s Pixel division

GOOGLE is biting off a big piece of device manufacturer HTC for US$1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of digital services. It’s buying ...

September 22, 2017, Friday


Fed leaves rates flat but signals 1 more increase

Fed leaves rates flat but signals 1 more increase

The US Federal Reserve left interest rates flat on Wednesday but signaled it still expects one more rise by the end of the year despite low inflation....

September 22, 2017, Friday


Concrete gains arise from B&R cooperation

Concrete gains arise from B&R cooperation

China’s Belt and Road Initiative is now showing signs of concrete results via cooperation which aims to benefit all parties, a senior government official said in Shanghai yesterday....

Feng Jianmin | September 22, 2017, Friday


1,000 ofo bikes on offer in Phuket

1,000 ofo bikes on offer in Phuket

CHINESE bike-sharing company ofo yesterday launched a service in the Thai tourist resort island of Phuket in collaboration with a local company. Noppol Toochinda, general manager for ofo Thailand operation, ...

September 22, 2017, Friday

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Baidu to fund US$1.5b in driverless cars

Baidu to fund US$1.5b in driverless cars

Baidu yesterday announced a US$1.5 billion investment in autonomous driving projects over the next three years, as it seeks to diversify its portfolio and compete with rivals such as Google....

September 22, 2017, Friday


BYD sees   NEV shift in China by 2030

BYD sees NEV shift in China by 2030

Chinese automaker BYD Co Ltd expects the country’s shift to cleaner new-energy vehicles to be complete in just over a decade, an aggressive timeframe that would challenge traditional carmakers in the world’s...

September 22, 2017, Friday


Online fund for learning via AI set up

Online fund for learning via AI set up

Hujiang, Shanghai’s top online learning platform, said today that it will set up an online education fund with two partners, which aims to tap artificial intelligence....

Zhu Shenshen | September 22, 2017, Friday


Shanghai shares drop

Shanghai shares drop

SHANGHAI stocks dipped, led by property developers and raw material firms. The Shanghai Composite Index trimmed 0.24 percent to 3,357.81. Real estate companies pulled the index lower amid concerns that ...

Ding Yining | September 22, 2017, Friday


Two wheels good as Mobike arrives in US

Two wheels good as Mobike arrives in US

THE bike-sharing trend which has taken China by storm has arrived in the US capital with the launch of new services aimed at promoting two-wheeled travel without the hassle of a docking station. China-based ...

September 22, 2017, Friday


Stronger UK retail sales

Stronger UK retail sales

This file photo shows pedestrians carrying shopping bags in Oxford Street in central London. British retail sales grew far stronger than expected in August, surging 1 percent from the previous month, official data showed yesterday, despite rising prices fueled by Brexit. ...

September 21, 2017, Thursday


Bain Capital buys Toshiba chip unit

Bain Capital buys Toshiba chip unit

Japan’s Toshiba Corp agreed yesterday to sell its prized semiconductor business to a group led by US private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed ...

September 21, 2017, Thursday


Internet giants gear up for Singles Day shopping

Internet giants gear up for Singles Day shopping

INTERNET giants are gearing up for the Singles Day shopping spree in November, and service providers in the logistics sector are beefing up efforts to ensure smooth delivery of goods following the world's ...

Ding Yining | September 21, 2017, Thursday


Online platform to help SMEs get loans

Online platform to help SMEs get loans

China’s first online government-led bank taxation interactive platform, which seeks to help small and mid-size enterprises, to access loans easily was launched in Shanghai yesterday....

Tracy Li | September 21, 2017, Thursday


Shares rise as holiday approaches

Shares rise as holiday approaches

SHANGHAI stocks closed up yesterday as market sentiment was boosted by the approaching National Day holiday and an improving macro-economic environment. The Shanghai Composite Index edged up 0.27 percent ...

Hu Yumo | September 21, 2017, Thursday


 

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