The US and China just gave the world a fighting chance of climate safety
2014-11-12
The two biggest greenhouse gas emitters catch the world by surprise
2014-11-12
Hemal Mirani, head of private equity firm CVC Capital Partners' Asia investor relations, will return to HarbourVest Partners as managing director to focus on fundraising, according to media reports. Mirani joined CVC in 2009. Before that, she spent 11 years at HarbourVest. In May, CVC raised US$3.5 billion for its fourth Asia Pacific fund, CVC […]
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2014-11-12
Shanghai-based chemical resource search engine Molbase.com has received tens of millions U.S. dollars series B round of financing from undisclosed investors, according to Chinese media reports. No other details of the investments were disclosed. In December 2013, Molbase.com completed series A financing of US$10 million led by Chinese venture firm Innovation Works and Trust Bridge […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-11-12
After decades of participating in international economic institutions, China is beginning to use its clout to reshape global governance, beginning with the establishment of the Asian Infrastructure Investment Bank. But, given deep mistrust between Chin…
2014-11-12
While international observers fixate on the Sunni-Shia rivalry’s role in shaping geopolitics in the Islamic world, deep fissures within the Sunni arc that stretches from the Maghreb-Sahel region of North Africa to the Afghanistan-Pakistan belt are increasingly apparent. Only a federalist strategy can restore order.
2014-11-12
China’s president warns foreign countries to stop interfering in the territory’s affairs
2014-11-12
Mandate was to identify a date that was achievable but would show the country was making an effort
2014-11-12
Chinese conglomerate CITIC Limited has joined forces with U.S. private equity giant KKR & Co. to make a pre-conditional voluntary offer for all the shares of Singapore-listed water and waste-water treatment firm United Envirotech Ltd., according to a joint announcement. The transaction, which values UEL at approximately 1.9 billion Singapore dollars on fully diluted basis, […]
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2014-11-12
Move aimed at facilitating participation in Shanghai-HK stock connect
2014-11-12
The world's third largest smart phone maker Xiaomi Inc., backed by venture and private equity investors, is said to have injected US$300 million in Chinese online video platform iQiyi.com Inc., according to Chinese media reports. The deal, if completed, will see Xiaomi becoming the second largest shareholder in the Beijing-based iQiyi, an online television and […]
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2014-11-12
The Hong Kong Monetary Authority (HKMA) announced the removal of resident RMB conversion cap of RMB20,000 (US$3,270), effective from November 17, the same day when the Shanghai-Hong Kong Stock Connect pilot program will be launched, according to an announcement. The move comes as anticipated as the HKMA has been working closely with the Chinese central […]
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2014-11-12
A prolonged bidding war for the acquisition of French holiday firm Club Méditerranée took another turn with a sweetened counter bid from a consortium led by Italy's Bonomi family, pushing the offering price to €23 from €17 per share in an original bid announced last May, according to media reports. The new counter bid, which […]
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2014-11-12
Some advisers fear South Korea could be sidelined if China-Japan relations start to thaw
2014-11-12
Mainland Chinese city beats former British colony in anglophone ranking
2014-11-12
The Ontario Teachers’ Pension Plan Board (OTPP) says that it has appointed Dan Kiang as its Hong Kong-based director of relationship investing. He will focus on OTPP's direct equities investments in Asia, according to its website. Kiang started his career as an investment banker with Merrill Lynch in New York and has more than 13 […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-11-12
Starbucks recently announced a new strategy for the Chinese market in which it will bring a new lineup of Starbucks Reserve coffees and an interactive coffee bar to seven stores in Beijing, Shanghai, Guangzhou and Shenzhen. Starbucks Reserve stores are the company's top coffee supplying stores and they offer the most exquisite coffees that Starbucks […]