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ZTO Express pursues global door-to-door delivery

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14-Jun-18 ZTO Express, one of China's biggest express companies, has joined forces with Turkish Airlines and PAL Air in an effort to build one of the world’s largest integrated service providers, focusing on e-commerce markets and providing door-to-door delivery. [image: iStock]

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Policybazaar.com to enter healthcare space

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13-Jun-18 PolicyBazaar.com and India's leading lending marketplace, PaisaBazaar.com, are jointly foraying into the healthcare tech and service space, aiming to redefine the way India seeks quality medical services, with free online and over the phone medical consultations, to begin with. [image: Business Standard]

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Shifting China capital flows pose risk for emerging markets

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31-May-18 China’s trade surpluses are declining in a shift that will see less of its excess savings recycled into global capital markets. With the US Federal Reserve shrinking its balance sheet and raising interest rates, Treasury yields are at their highest since 2011, putting strains on nations that borrowed dollars. Turkey’s central bank has been forced into emergency action to shore up its currency, while Argentina has sought external help. [Image: The Star online]

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Alibaba injects pharmacy assets into healthcare unit

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30-May-18 E-commerce giant Alibaba will inject some of its online pharmacy business into a listed unit in a deal valued at USD1.35 bn. Under the deal, Alibaba Health Information Technology will buy Ali JK Nutritional Products Holding. [image: Bloomberg]

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