A magnitude 6.1 earthquake shook Osaka, Japan’s second-biggest metropolis, early on Monday morning, killing three people, halting factory lines in a key industrial area and bursting water mains, government officials and broadcaster NHK said. No tsunami warning was issued. Prime Minister Shinzo Abe said authorities were assessing damage and that its top priority was the […]
Read moreTech giant Google said Monday it will invest more than half a billion dollars in China’s second-largest e-commerce player, JD.com. As part of a strategic partnership, Google will put $550 million in cash into JD.com, the companies said in a statement. In return, Google will receive more than 27 million newly issued JD.com Class A […]
Read moreA lengthy trade war between China and the United States would be “horrible” and it would end up hurting a lot of American brands, according to the founder of China’s second-largest e-commerce company. That’s because more Chinese consumers now have a preference for buying imported goods, Richard Liu, founder and CEO of JD.com, told CNBC’s […]
Read moreHere’s a round-up of the most important deals and news in venture capital from the past week. Adyen shares began trading on Wednesday in Amsterdam, marking one of Europe’s biggest technology initial public offerings in recent years. On Tuesday, Adyen priced its shares at 240 euros (about $280) giving the company a valuation of 7.1 […]
Read moreJapan’s exports rose in May at the fastest pace in four months thanks to increased shipments of cars, car parts, and semiconductor equipment in a sign that global demand is gaining strength. Exports rose 8.1 percent in May from the same period a year ago, more than the median estimate for a 7.5 percent annual […]
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