If China follows the European pattern, its future executives will listen as their anglophone counterparts struggle with Mandarin and will then switch to English

National security strategy draft urges Tokyo to increase alliances and raises concerns over China’s military expansion and North Korea’s nuclear arms

As US Vice President Joe Biden just discovered on his tour of Japan, China, and South Korea, the American novelist William Faulkner’s observation – “The past is never dead. It’s not even past.” – could not be more apt. Indeed, in much of Asia, the national interest is often subordinated to history's hold on the popular imagination.

In today's podcast, we hear Howard Marks, chairman of Los Angeles-based distressed debt giant Oaktree Capital Management, discuss Oaktree's organic growth, where he sees attractive investment opportunities in distressed debt today, and how will the U.S. Federal Reserves' reduction of its quantitative easing programs impact Oaktree's businesses. Marks gave the following comments at the Goldman […]

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Volvo Construction Equipment has acquired the hauler manufacturer Terex Equipment Ltd., including related assets and intellectual property in China. The deal, which is subject to regulatory approval, includes the main production facility in Motherwell, Scotland, and two product ranges that offer both rigid and articulated haulers. It also includes the distribution of haulers in the […]

Chinese online game developer and operator Shanda Games announced that the company reached an agreement with Japanese mobile game publisher and developer Sega Networks to operate the latter's latest card RPG mobile game named Chain Chronicle in mainland China, Taiwan, Hong Kong, Macau, and South Korea. Chain Chronicle will be simultaneously available for iOS and […]

Chinese supermarket operator Yonghui revealed that the company is preparing for two new outlets in Shanghai, and they are expected to open at the end of December 2013. According to Weng Haihui, vice president of Yonghui, both of the two outlets are finishing construction. If the approval process goes smoothly, they will start operations at […]