After enjoying successful services in several Asian countries, GrabTaxi introduced a carpooling service in Singapore. The service is available for testing on Wednesday in the country. Drivers participating in GrabHitch must provide elligible document and verification checks.
Tags: China
US, China to roll out 'Space Hotline' to avoid conflicts
The world's largest and second largest economies have established 'Space Hotline,' a new communications channel to serve as a diplomatic safety valve.
DJI open its first drone store in China
World's biggest drone maker, the China SZ DJI Technology Company announced that they are planning to open its first flagship store in China. According to the announcement, the company will open a store in the heart of Shenzhen shopping center as soon as December before the shopping district get busier as customers preparing for a festive season.
Obama to sign TPP deal with Philippines and Vietnam in APEC Summit
US President Barack Obama is heading for an Asian trip and is expected to join the APEC Summit in Manila to talk about the Trans-Pacific Partnership. The Asia-Pacific Economic Co-operation (APEC) summit, which will be attended by all Asia-Pacific leaders will be the center of Obama's attention to deliver a speech and convince leaders to sign the agreement.
China Doubles The Deposit For Stock Margin Trading
China will double the deposit needed for investors to obtain funds to trade stocks, known as margin trading - The Shanghai stock trade explained on Friday, as authorities look to constrain a practice that made an enormous market bubble.
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Reacting to concerns over Chinese dumping, the world's second-largest economy has slapped a notice on complaints with World Trade Organization (WTO) that such baseless concerns about its cheaper exports should need to meet higher standards from December 2016.
The US and Japan governments have made it clear that there wouldn't be re-opening a Pacific trade deal and further stated that any such attempt would further damage the whole pact.
New World Wealth (NWW), a South Africa-based market research consultancy, released the lists of wealthiest countries, ranked by using its own new method.
China's import dropped again in October for the 12th consecutive time, according to official data revealed Sunday. BBC News reported that China's imports on October went down 18.8 percent to $130.8 billion.
Oil prices dropped on low volumes as investors preferred to book profit to take advantage of overnight rally. The oil price is hovering above $50 a barrel on disruption in production in Brazil and Libya.
Bitcoin, the most famous digital and crypto currency, has an enormous surge of value with more than 70% raise in a month. A movement that surprised every body amidst a global economic slowdown, is coming from Chinese capital outflow invested in bitcoin.
Chinese President Xi Jinping and Taiwanese President Ma Ying-jeou will meet for the first time in Singapore amidst the expected public opinion backlash. Reuters reported that the meeting coincides with Taiwan's growing anti-China sentiments as the presidential and parliamentary elections are nearing this January.
More than 40% of goods sold on the Internet in China are fakes or shoddy, according to a report by an official of the standing committee of the National People's Congress, the country's top law-making body.
More and more United States giant tech companies are partnering with Chinese firms that are connected with the Asian country's military, leading to fears that it may improve Chinese military technological capabilities and could even harm US national security.
