China’s Ant Financial applies for Singapore digital banking license

(Reuters) – China’s Ant Financial, an affiliate of ecommerce giant Alibaba Group Holdings, has joined the…

Xiaomi to invest $7 billion in 5G, AI and IoT over next five years

BEIJING (Reuters) – Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18…

U.S. auto safety agency to investigate fatal Tesla crash in California

By David Shepardson WASHINGTON (Reuters) – The fatal Dec. 29 crash of a Tesla Inc vehicle…