Wednesday, 19th, 2018 | 12:36AM Updated

A technician works at a research lab of BYD Co. in Shenzhen, south China's Guangdong Province.
China's BYD Unveils New Product Line of Modular Battery Storage Systems in Australia

BYD, China's electric vehicle and battery storage giant, has unveiled a new product line of modular battery storage systems. This will target both businesses and households in what it says is one of the world's most attractive markets.

AT&T globally acclaimed giant telecom company
Verizon, Sprint, T-Mobile and AT&T initiate self-start to compete offering unlimited data plans

In the recent weeks, all four of the major United States carriers announced either the new unlimited data plans or made alterations to the existing plans in an effort to compete. With all four carriers offering some form of unlimited data, now may be a good time as ever to analyse current plan and think about switching.

The deal hopes to launch a cruise brand using Carnival Cruise Line ships.
Italy’s Fincantieri, CSSC Ink $1.5 Billion China Cruise Ship Deal with Carnival

Italian shipbuilder Fincantieri and China State Shipbuilding Corp (CSSC) have agreed to a $1.5 billion deal with Carnival Corporation to build the first China-made cruise ships for the fast-growing Chinese cruise market.

Mattel toys in China
Mattel Forms Alliance with Alibaba to Break into China’s $7 Billion Toy Market

Global toy maker Mattel has formed an alliance with Alibaba, China’s e-commerce giant, in a bid to gain entry into the country’s toy market, estimated to be worth $7 billion, according to an article by Fortune.

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Alibaba-Bailian Group Partnership
Alibaba Partners with Bailian Group to Get Bigger Share in Brick-and-Mortar Retail Sales

Alibaba Group Holding Ltd has formed a strategic partnership with Bailian Group, the largest retailer in the country in terms of store number, in a bid to increase the e-commerce giant’s share in the brick-and-mortar sales using its big data capabilities, according to Fortune.

Ride-hailing firm Didi faces rap over talent poaching.
Didi-AutoNavi Rivalry Heats Up: Didi Sued for Talent Poaching

With the recent talent poaching rap faced by Didi Chuxing, the Didi-AutoNavi rivalry is further heated up. AutoNavi accuses the ride-hailing firm for poaching eight of its engineers, according to court documents.

OTC Markets
Naloxone & Naltrexone: Anti-Drug Addiction Stocks to Watch

With the drug addiction treatment market being about $35 billion a year in the U.S. alone, it is easy to understand why the industry is rapidly becoming a popular space.

China Southern Airlines
Airline Stocks Forecast: China’s Priciest Airline Shares to Gain Higher Valuation as Economy Rebounds

Although traded at their most expensive levels, the stocks of the country’s “Big Three” air carriers--Air China Ltd., China Eastern Airlines Corp. and China Southern Airlines Co.--are expected to gain further valuation with the anticipated rebound of the Chinese economy, according to an analyst.

An employee walks past the reception counter at Alibaba headquarters in Hangzhou.
Alibaba Pictures Stock Dropped 3.5% Ahead of Anticipated $140 Million Loss

Alibaba Pictures's stock dipped 3.5 percent in Hong Kong on Tuesday as the company warned of potential losses amounting to 950 million to $1 billion yuan ($140 million), Forbes reported.

China's Free Trade Zone
Inbound China M&A: Foreign Direct Investment into China Rising as New Rules to Make Procedures Easier

Amid a decline in overseas acquisitions by Chinese buyers due to government curb on capital outflows, mergers and acquisitions (M&As) into China by foreign buyers are rising as new rules on foreign direct investment will enable foreign investors to tap on consumer spending.

Abu Dhabi Company for Onshore Petroleum Operations
China's Oil Giant CNPC Seals $1.77 Billion Abu Dhabi Deal with ADNOC

China's largest oil and gas company, the China National Petroleum Corporation (CNPC) has signed a $1.77 billion deal with the Abu Dhabi National Oil Company (ADNOC), getting an eight percent share in the onshore oil concession in the United Arab Emirates.

President Obama awards Presidential Medal to Bill Gates and Melinda Gates
Bill Gates recommends to tax worker robots for workforce job losses

How to deal with the challenge of robots and automation that will impromptu lead to loss of jobs for many people? The answer is quite straightforward from Microsoft co-founder Bill Gates: tax the robots.

Alibaba Founder and Executive Chairman Jack Ma speaks during a press conference.
Alibaba's New Australian Branch Opens Opportunity to Make Australian Brands Known Worldwide Through Exports

The business development general manager of Alibaba Tmall, John O'Loghlen, announced that its newly launched Australian Office would build on the Chinese relationship that will put Australian brands spread worldwide.

If Ant Financial is successful in acquiring MoneyGram, the company will be able to bypass all the legal and regulatory work required in establishing Ma’s global payments business.
Alibaba's Ant Financial Services Invests in Kakao Corp's Payment Solutions

Ant Financial Services Group has agreed on a $200 million strategic investment in Kakao Pay, according to Ant and Kakao's joint announcement. This marks the third major investment of Ant Financial in the online payment sector within the last 12 months.

Tianjin-Beijing Railway
China’s Next Growth Engine: Beijing-Hebei-Tianjin Integration to Boost Growth in Capital Region, Bohai Bay Area

China’s top economic planner is set to implement plans for the integrated development of Beijing, Hebei and Tianjin provinces, as part of a national strategy to create the next growth engine through a global city cluster, which is expected to push growth in the capital region and in the whole Bohai Bay area in the next decades.

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