An investment fund under Ping An Insurance (Group) Company of China has agreed to subscribe an aggregate of RMB1 billion (US$161 million) convertible bonds in Hong Kong-listed Chinese solar power plant investor and operator United Photovoltaics Group Limited to fund the acquisition of an undisclosed solar power plant project, according to a company announcement. Chinastone […]

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Shanghai-based Chinese conglomerate Fosun International Limited has agreed to acquire New York Stock Exchange-listed Meadowbrook Insurance Group, Inc. for a total of US$433 million, according to a joint announcement. Fosun is to pay for US$8.65 per share in cash, a 24% premium over the U.S. insurance firm's closing price on December 29, 2014 and a […]

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Six companies fined a total of $25m for dumping chemicals into rivers

Three explosions rip apart a machinery factory in Foshan

One of China's top travel, hotel, and airline booking websites has partially gone down. Elong.com, one of the original online booking platforms in China, has seen its non-mobile website redirected to only its mobile site. So any desktop user hoping to get the full website experience at the Nasdaq-listed company's website is shunted to the […]

Countries throughout the world get away with bad human-rights records. Some get away with cross-border cyber attacks. A few even get away with maintaining nuclear programs. But rarely does a country pursue all of them, as North Korea evidently is.

At the end of the nineteenth century, the British Empire pursued a policy of what it called “splendid isolation,” reflecting its leaders' determination to stand aloof from international engagements. Today, as recent events have shown, isolation is – more often than not – a mistake, an unenviable condition resulting from failed policies.

If there is to be a genuinely durable peace in East Asia, the region’s leaders need to work harder and more courageously to achieve it. Each of them could pursue game-changing initiatives in 2015 if only they could summon the necessary statesmanship.