Business

Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups. The fund, called LuneX Ventures, will invest in early-stage companies globally...

Hong Kong stocks kicked off marginally higher on Friday after four days of gains but investors were shifting gingerly as the China-US trade war dampens optimism. The Hang Seng Index inched up 7.43 points to 28,614.73....

Tokyo stocks opened slightly lower on Friday as investors awaited the outcome of US-Japan trade talks while shrugging off solid Japan growth data. The benchmark Nikkei 225 index slipped 0.17 percent or 38.99 points to 22,559.40...

Dada-JD Daojia, a Chinese online grocery and delivery firm, said on Thursday it has raised $500 million from Walmart Inc and JD.com Inc in its latest round of financing. The company comprises of two businesses and...

Deutsche Telekom raised its profit outlook for the second time this year as it reported second-quarter results which showed underlying growth, although this was offset by a drag from the weaker U.S. dollar. Europe’s largest telecoms...

Nissan is displaying its premium lineup of models, including the new Terra, at the GAIKINDO Indonesia International Auto Show (GIIAS) 2018. Showcasing its strong heritage and exciting future technologies, the Nissan display aligns with its vision...

In the U.S., Nissan Group announced total U.S. sales for July 2018 of 108,792 units, a decrease of 15 percent compared to the previous year. Nissan highlights include: Murano crossover sales rose 4 percent in July...

Intel Corp on Wednesday said it sold $1 billion of artificial intelligence processor chips in 2017, the first time the world’s second-largest chipmaker disclosed revenue from the fast-growing computing segment that has fueled sales expansions at...

U.S. short-term rental service Airbnb Inc has hit a wall with its newest marketing scheme in China, after regulators objected to a promotion offering sleepovers on the Great Wall of China. The San Francisco-based company last...

Maybelline parent L’Oreal is pairing up with Facebook to roll out virtual tests for shoppers to see how they might look with different lipsticks or eyeshadows, adding to its push to drive more sales online and...