Japanese shares turn higher; Shanghai stocks pop up

The Nikkei Stock Average NIK, +0.29% closed up 0.3%, after an early decline of 0.1%. The Shanghai Composite Index SHCOMP, +1.21% added 1.2% to its highest point in more than two months, while in Hong Kong, where the market had been closed Friday due ... ( read original story ...)

Why robots are key to redefining the meaning of 'Made in China'

A Shanghai investment company pitched in some funding. "Many robots aren't very useful right now, but will show their true value when they are used in homes in the future," Peng said. Thousands of factories in southern China's industrial centres which long ... ( read original story ...)

Fonterra condemns China milk powder scam

Fonterra is conducting an internal review but denies any wrongdoing after Chinese police arrested 19 people in Shanghai for selling around 300 tonnes of the company's expired milk powder. The suspects were allegedly managing a company, which was packaging ... ( read original story ...)

Robots are key in China's strategy to surpass rivals

Luo Binyi, right, and Peng Zhihui, second right, pose for photos with Ares, a humanoid bipedal robot they helped design with funding from a Shanghai investment company, displayed during the World Robot Conference in Beijing, China, Oct. 20, 2016. ( read original story ...)

Shanghai Electric : Acquired 100% of TEC4

SHANGHAI, October 24, SinoCast -- Shanghai Electric Group Company (SHSE: 601727) announced its wholly-owned subsidiary in Hong Kong completed acquiring a 100% stake in TEC4AERO GmbH. Under the previous investment agreement, the buyer will spend EUR 173.536 ... ( read original story ...)

Baird Appoints Lydia Xu as Head of China Investment Banking

In the past year, Baird advised on notable deals such as Mayborn Group's sale to Shanghai Jahwa (Group) Ltd. [http://www.rwbaird.com/ma-transactions/investment-banking/DealCard/4916], Metabo AG's sale to Hitachi Koki Co., Ltd [http://www.rwbaird.com/ma ... ( read original story ...)