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Google to buy Fossil's smart watch technology for 40 mln USD
Google will pay 40 million U.S. dollars to buy the smart watch technology of Fossil Group Inc. to bolster its wearable business.
Morgan Stanley posts disappointing Q4 earnings amid market turmoil
The company posted an earning of 0.8 U.S. dollar per share for 4Q2018, missing analysts' expectations of 0.89 U.S. dollar.
AUSTRALIA MARKETS(2019-01-17)
ANZ has not ruled out walking away from the sale of its pensions and investments business to under-fire wealth group IOOF.
U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei,ZTE Corp.
KPMG opens an affiliated law firm in HK
The KPMG Global Legal Services network has expanded its legal capabilities in Asia Pacific by seting up a new law firm in HK, known as SF Lawyers.
SOEs to face tighter financial oversight
China will tightly control SOEs' new investments in financial businesses, standardize the development of financial derivatives.
Xiaomi has lost 40% of its value since its IPO last year
Its stock has shed 25 percent this year, plummeting to all-time lows and trading below 10 Hong Kong dollars.
China concludes 405 M&A deals worth RMB70.26 bln in 2018
China concluded 405 mergers and acquisitions (M&As) deals, with transactions reaching 70.26 billion U.S. dollars.
Elon Musk quotes $1 billion to build tunnel under Australian mountain range
Tesla boss, Elon Musk has quoted 1 billion dollars to build a commuter tunnel under Australia's Blue Mountains.
China's real estate company Evergrande Group buys 51 percent shares of NEVS
Evergrande Group's healthcare affiliate, Evergrande Health bought 51 percent of NEVS for 930 million U.S. dollars.
Microsoft to launch AI & IoT Insider Lab in Shanghai
Microsoft on Wednesday signed a memorandum of strategic cooperation to locate its new AI and IoT Insider Lab in Shanghai.
Facebook pledges 300 million USD to bolster local news outlets
Facebook announced Tuesday that it will invest a total of 300 million U.S. dollars over three years to support local news.
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