Thursday, 28th, 2024 | 2:42AM Updated

China plans to open its stock market to foreign companies.
People's Bank of China Reveals Plans of Opening Mainland Stock Market to Foreign Companies

The Chinese central bank revealed its plans to allow foreign companies to participate in trading in the mainland stock market in a bid to reform the country’s quest to internationalizing the yuan.

A couple of new LeEco devices were revealed online through the Chinese telecommunication regulatory board TENAA.
China's Netflix: LeEco Is Coming to the US

China's version of "Netflix" is coming to the United States and has planted its roots into the heart of Western technology: Silicon Valley.

A man uses an ATM at a Bank of America branch on July 28, 2009 in Pasadena, California.
Bank Of America, Apple Pay Tie Up Extends To ATM Withdrawal

Bank Of America has tied up with Apple Pay to enable users withdraw funds from ATM. The prestigious financial organization is rolling out support for the cardless ATMs across the country.

Apple says that the iPhone 6, along with the 6 Plus, is still available in China despite a court ruling banning the model.
iPhones Still Available in China Despite Patent Ruling, Apple Says

Global tech giant Apple Inc. said that its popular iPhone 6 and 6 Plus are still available in China despite a recent loss in a patent case involving the two models.

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An employee walks past a logo of Vanke at its headquarters in Shenzhen, south China's Guangdong Province, Nov. 2, 2015.
China Vanke to Splurge $6.9 Billion on Shenzhen Metro Unit, Dodging Rumored 'Hostile Takeover'

Real estate giant China Vanke revealed Friday that it plans to splurge 45.6 billion yuan or $6.9 billion on a unit of Shenzhen Metro Group via new shares, making the subway operator its biggest shareholder.

A worker at a food processing factory in Yichang, Hubei Province.
China’s Food Giant Bares Streamlining Plan to Be More Competitive

China National Cereals, Oils and Foodstuffs Corporation (COFCO), the country’s top food processor and grains trader, has expressed plans on Monday, June 13, to streamline its management sector and give up some of its assets to be more competitive, the Global Times reported.

Robot waiters serve at a restaurant in Yiwu, China.
China's Robot Industry Faced with Lack of Innovation, Overinvestment

China’s expanding robot industry might be at risk as the sector suffers from low-quality, too much duplication, and overinvestment, a top technology authority warned.

Amazon UHD Set-Top Box
US cable industry’s proposal lets consumers ditch set-top boxes as alternative to FCC’s ‘unlocking’ plan

The pay-TV industry has given the United States' Federal Communications Commission (FCC) a proposed plan that would allow over 50 million cable and satellite TV subscribers to get rid of their set-top boxes. Its goal is to convince federal regulators to avoid making bigger changes to the multi-billion dollar industry that would affect cable customers paying for TV shows and video programs.

Chinese ride-sharing company Didi says that it is now ready to take on Uber after raising $7.3 billion in funds.
Didi Chuxing to Take On Uber After Raising $7.3 Billion in Funds

Chinese ride-sharing company Didi Chuxing is set to take its rivalry with global giant Uber on a new level, as the latter has reportedly gathered more than $7 billion in its latest fund-raising run.

Tencent is now closer to making what could be the
Tencent Inches Closer to $6.6 Billion Mega Deal with 'Clash of Clans' Maker

Tencent Holdings Ltd. is inching closer to its $6.6 billion mega deal to purchase a majority stake in Finnish group Supercell Oy, people familiar with the matter said.

A logo of Flipkart, India's largest online marketplace, is displayed on a building in Bengalaru.
Alibaba Talking with Indian Logistics Firms to Build E-commerce ‘Iron Triangle’

Alibaba Group Holding Ltd. has been negotiating with Indian logistics firms Delhivery and Xpressbees Logistics in a bid to buy or invest in a company that specializes in making deliveries for online companies, people privy to the matter said.

U.S. President Barack Obama gestures as he talks to Alibaba CEO Jack Ma during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Manila, Philippines, on Nov. 18, 2015.
Just Another Day in Jack Ma’s Life: Alibaba CEO Attends Global Events, Meets World’s Powerful Men

Alibaba Founder and CEO Jack Ma held conversations with high-profile global personalities in 2015 and early 2016. Ma talked to world leaders and was even asked for his opinions and advice regarding business matters and environmental concerns.

A taxi driver uses a Didi Chuxing taxi-hailing application in Beijing.
More Than $500 Million Invested by China’s Top Insurer to Didi Chuxing

More than $500 million has been poured in by China Life Insurance Co., the country’s top life insurer, into Didi Chuxing Technology Co., following a $1 billion investment by Apple Inc. in the firm, The Wall Street Journal reported.

Uber app being used to select a pick up location next to a taxi lane in Madrid, Spain.
Uber launches rewards program With Capital One

Uber has partnered with Capital One to give some of their mutual customers' great opportunities to earn free rides.

The Shanghai Composite Index rebounded on Wednesday.
MSCI Delays Inclusion of China Domestic Shares to Emerging Markets Index

China has yet again received a "no" from the American index provider MSCI Inc. after the company deemed local Chinese shares insufficient to add to their emerging market index.

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