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Insights
28-Feb-18 Alibaba Singapore opened a research institute in a collaboration with Nanyang Technological University, committing a multimillion-dollar investment annually for five years. The institute will explore real-life artificial-intelligence solutions in areas such as health, ageing and lifestyle. [image: Channel News Asia]
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27-Feb-18 SRumours are circulating that Alibaba is planning to acquire one of China's major online food delivery platforms Ele.me, as part of its new retail strategy, in a deal reportedly worth about USD9.5 bn. [image: Wikimedia Commons]
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26-Feb-18 British banking app Revolut has broken even for the first time. The firm plans to expand to the US and Canada, and will subsequently launch in Singapore, Hong Kong, Australia, New Zealand, India and Brazil. [image: Revolut]
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23-Feb-18 Hong Kong-listed medical device manufacturer MicroPort Scientific and Chinese PE firm Yunfeng Capital will acquire the cardiac rhythm management business of US-listed medical technology company LivaNova for USD190 mn. [image: Deal Street Asia]
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Insights
22-Feb-18 Investor Jeremy Grantham is famed for his dour views on the global investment scene. It’s noteworthy, then, that he’s dripping with optimism about emerging-market stocks.
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