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Korean Venture Capital Firms Gaze at Overseas Biotech Companies

South Korean venture capital firms are eyeing overseas biotech industry to accelerate investment goals. At the sametime, tech startups in Korea also began to flourish.


Air New Zealand to team up with Virgin Australia for renewable fuel options

Air New Zealand has joined hands with Virgin Australia to scrutinise options for internally manufactured aviation biofuel. The move mirrors airlines' effort to reduce aviation impact on global warming.

Australian Tech Firms Are Heading Toward Singapore Industry

Australian tech companies are heading to Singapore to support their businesses. Some tech companies are expecting Singapore to be one of the startups landing pads established by the Australian government to help companies access the global business network.

China's Real Estate Sector Contributes to The Country's Economy Amid Weak Exports and Economic Slowdown

China’s property market keeps on growing even amid the country’s economic slowdown and weak exports. The surge in the real estate sector is contributing positively to the country’s economy as a new economic driver.


Latest News

Stardock has an interesting new tech for gamers. The renowned game developer to introduce new software that enable NVIDIA and AMD graphic cards to be installed together in the same PC.
Toyota has been working with the local government along with Toshiba Corp. and Iwatani Corp. regarding hydrogen fuel cell. Hydrogen will be taken from the wind-power plant in Yokohama Hama Wing that will be compressed and delivered by a truck.
UAE venture capital firm BECO Capital expects that the tech sector will spur amid the slowdown in the economy due to low oil prices. Especially in the region, the firm projects that tech startups will face a significant growth as the government seek to achieve diversification to non-oil sectors.
Global stocks rose further as increased investor confidence propelled buying support. Investor confidence has been strengthened after the announcement of European Central Bank's stimulus plans and encouraging US economic data.
China has been acquiring foreign assets desperately ahead of turbulent economic situations. It has acquired assets for around $84 billion during this year compared to last year’s $108 billion. Anbang has reached an agreement acquiring Strategic Hotels & Resorts for $6.5 billion from Blackstone Group LP which is the latest bout of China’s acquisition spree.
Shutterstock said its revenues for the year 2015 has increased 30% to $425.1 million. The company also announced the launch of new reverse image technology.
Scottish First Prime Minister Nicola Sturgeon said in an interview that the country’s economy remains strong even amid challenges that she acknowledges. She expects that the huge deficit would be manageable after separation.
Facebook acquired Masquerade to enhance its video features. On Wednesday, the largest social network bought MSQRD, giving its users ability to retouch their photo using playful and animated filters.
General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.
Due to a cyanide spill in a mine in Argentina, Canadian-owned Barrick Gold is facing a fine of $9.3 million imposed by the local government. Nine current and former employees are also being held as defendants over accusations of negligence that caused the spill.