Samsung Electronics announced its intention to invest more than 21.4 trillion won ($ 18.6 billion) in the development and expansion of its production facilities in South Korea by 2021. The company explained the desire to expand the production line by the overall growth in the world market demand...

Dropbox cloud storage service began to prepare for the placement of securities for the first public offering of shares (IPO) at the end of this year, reports Reuters referring to its own sources. During the IPO, the company can become the largest American public technology company, ahead of...

Justifying its response to the controversial Malaysian fund 1MDB, Singapore’s central bank has said that a stronger signal than levying hefty fines on the banks is sent by publicly "naming and shaming" the individuals responsible for financial misdemeanors in the banks that employ them.   A...

Internet gambling payments are being made with a network of dummy online stores that offer household goods as a front, claims Reuters.   Seemingly selling items including fabric, DVD cases, maps, gift wrap, mechanical tape, pin badges and flags, there are seven sites that are...

Nomura Holdings Inc. decided to move the European Union headquarters to Frankfurt in connection with the release of Britain from the block, reports Bloomberg referring to sources familiar with the situation. According to one source, the largest brokerage company in Japan this month will begin...

The way of the “biggest listed asset manager” of the U.K. is being paved through Standard Life’s “11 billion pound” acquisition deal of Aberdeen. Stand Life has received a clear signal from the “competition watchdog” of Britain, whereby it can enter into the “11 billion pound deal” of purchasing...

Shanghai and Tesla are conducting preliminary talks to enter into an agreement. According to Bloomberg’s report, Tesla Inc., the manufacturer of electric cars in the U.S., has arrives at a preliminary stage in an agreement with Shanghai wherein the former seeks to “explore” the production market of...

One of the largest crypto-exchange exchanges - Bitfinex - has suspended the withdrawal of the Etherium. The reason is a protracted failure in the Etherium system. The problems started on Tuesday, when the Singapore startup Status began to accept the Ethers as part of the initial coin offering...

With the aim to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses, Toshiba Corp has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business.   But as Western Digital, its chips...