Japan’s economy logs 1.4 percent annual growth in July-Sept

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Japan’s economy logs 1.4 percent annual growth in July-Sept

Japan reports its economy expanded at a 1.4 percent annualized rate in July-September, slowing from the previous quarter.

The preliminary data mark the seventh straight quarter of growth for the world’s third-largest economy, the longest period of expansion since 2001. But growth slowed from a 2.6 percent annualized rate of growth in April-June.

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China to invest big in 'Made in China 2025' strategy

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China to invest big in 'Made in China 2025' strategy

China will step up financial support for major projects of its "Made in China 2025" strategy, a blueprint for upgrading the country's manufacturing sector.

Sectors that boost manufacturing innovation, including the Internet of Things, smart appliances and high-end consumer electronics, are the major priority for funding, according to the Ministry of Industry and Information Technology (MIIT)

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TransferWise Raises $280 Million to Fund Expansion in Asia

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TransferWise Raises $280 Million to Fund Expansion in Asia

TransferWise Ltd., one of Europe’s largest financial technology startups, has raised an additional $280 million to fund its continued expansion, including a big push into Asian markets.

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China's middle class finding new ways to spend.

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China's middle class finding new ways to spend.

A new trend is emerging among China's consumers., in a recent report produced by Mckinsey. While the affluent are still shopping and traveling as ever before, those in the middle are either holding onto their money until the annual bargains -- such as Singles Day on Nov. 11 -- or spending it in different ways.

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Chinese overseas investors prefer tech stocks

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Chinese overseas investors prefer tech stocks

China’s sizable middle class is on fire. A McKinsey & Company report projected that they would account for 76% of the country’s urban population by 2022. With thickening wallets and an urgent need to diversify investment options, more Chinese investors are turning their sights overseas, especially the US stock market.

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Auto sector in high-tech fast lane

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Auto sector in high-tech fast lane

The Communist Party of China is holding its 19th National Congress in Beijing. China Daily asked business leaders from major multinational companies for their views on economic developments here and the country's global leadership role.

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China aims to outspend the world in artificial intelligence.

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China aims to outspend the world in artificial intelligence.

Listening to Chinese president Xi Jinping highlight the internet, big data and artificial intelligence in his keynote speech to the ruling Communist Party’s once-every-five-year conclave, instilled confidence in tech entrepreneurs like Rona Jiang.

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Singapore govt forms Industry 4.0 alliance

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Singapore govt forms Industry 4.0 alliance

The Singapore Government has taken a significant initiative to advance the industrial IoT, otherwise known as Industry 4.0, announcing an alliance with 13 companies to develop IoT solutions for industry.

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$60 million lab in Singapore to develop Smart Manufacturing technologies for aerospace industry

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$60 million lab in Singapore to develop Smart Manufacturing technologies for aerospace industry

The joint lab is a five-year collaboration programme between the Agency for Science, Technology and Research, Rolls-Royce and Singapore Aero Engine Services Private Limited.

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VCs bet on recruitment platforms as global workforce crisis looms

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VCs bet on recruitment platforms as global workforce crisis looms

Much has been said about the impact of artificial intelligence (AI) on the global workforce, with some arguing that we should all be far more concerned about “job displacement” than killer robots.

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Chinese TMT IPOS continued to boom in 1H 2017

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Chinese TMT IPOS continued to boom in 1H 2017

Over the first half of this year, the number ofChinese Technology, Media and Telecommunications (TMT) IPOs maintained the boom that began in the second half of 2016, according to PwC China. There were 59 IPOs, which raised a total of 25.8 billion yuan, down 22% from the previous six months.

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Chinese banks pursuing collaborations amidst tightening margins

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Chinese banks pursuing collaborations amidst tightening margins

PwC’s latest China Banking Newsletter revealed continued narrowing of Net Interest Margin is leaving marks at most banks in China with smaller lenders feeling the worst effect. That’s the bad news. The good news is loan quality is stabilizing.

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China’s booming internet economy gathers pace

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China’s booming internet economy gathers pace

With the world’s largest number of internet users, internet penetration is only at 52 per cent, indicating room for growth

China’s internet boom is likely to gather pace on the back of the mainland’s widespread mobile connectivity, the ability of China’s biggest internet players to innovate quickly and its massive number of internet users, according to the Boston Consulting Group.

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Banking vs. consulting. – Which is really best now?

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Banking vs. consulting. – Which is really best now?

Investment banking and strategy consulting are like avocados and quinoa: both attract the elite (or, in the words of one ex-McKinsey director, “insecure, deeply left-brain, hyper-intellectual, OCD over-achievers.”). Both pay well. Both involve some serious commitments of your time and some heavy academic achievements

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Deloitte announces US$200 million strategic investment in China

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Deloitte announces US$200 million strategic investment in China

On the occasion of its first centenary in China, Deloitte is pleased to announce a strategic investment program of US$200 million into talent development and capability upgrade. This program will be dedicated to enhancing its advisory services, advancing digital and technology transformation for the firm and Chinese enterprises, supporting the Belt & Road Initiative, as well as assisting Chinese enterprises in going global. This is a joint initiative of Deloitte Global and Deloitte China.

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Global Application Managment Services

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Global Application Managment Services

This given report on the global Application Management Services market is a result of a research conducted by a group of market research analysis experts with an aim to act as a reliable business material for stakeholders.

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Accenture Chooses Its Top Ten

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Accenture Chooses Its Top Ten

Ten financial technology companies have been selected for Accenture’s 12-week mentorship program in the fourth annual Fintech Innovation Lab Asia-Pacific.

The startups participating in this year’s Lab have developed a range of innovations leveraging blockchain, machine learning, and artificial intelligence.

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Shanghai International Port Group Selects Accenture.

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Shanghai International Port Group Selects Accenture.

Accenture and Huawei announced today a latest achievement in port information field: Accenture will help Shanghai International Port (Group) Co., Ltd (SIPG) to establish a consolidated information management platform that will run on Huawei FusionCloud solution, with some of the work to be undertaken as part of the existing Huawei-Accenture Strategic Agreement.  

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Deloitte's revenues shoot up more than seven per cent in the firm's eighth year of growth

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Deloitte's revenues shoot up more than seven per cent in the firm's eighth year of growth

Accountancy firm Deloitte has welcomed its eighth consecutive year of growth in results this morning, as revenues grew 7.1 per cent in local currency terms over the year ending in May.

Deloitte's member firms around the globe generated revenues of $38.8bn (£29bn), and hired almost 70,000 new staff over the 12-month period.

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These 20 Leading Technologists Are Driving China's AI Revolution

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These 20 Leading Technologists Are Driving China's AI Revolution

China’s leading technology companies are on fire, heavily investing in artificial intelligence and building true global presences. McKinsey recently reported that academic and research institutions in the country publish more cited research papers than the US, UK or any other global leader in AI, producing nearly 10,000 papers in 2015 alone.

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