Slowly but surely, Iran’s talks with the international community about its nuclear program are approaching the make-or-break point. A successful deal should mark the beginning of the international community’s efforts to engage Iran in addressing the Middle East’s toughest challenges.

Passwords stolen at Register.com, manager of 1.4m web addresses

The policy of Chinese containment could be a disastrous miscalculation

Beijing-based Chinese online used car auction company Youxinpai has raised US$170 million from China's leading search engine, Baidu Inc., global private equity firm KKR & Co. L.P., and investment management firm Coatue Management LLC, in its latest round of funding, according to a joint announcement. This funding round closed on March 15, and will be […]

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Chinese smartphone maker Xiaomi plans to open 100 experience stores in India in 2015. According to Xiaomi, those experience stores will not sell any products. Instead, they will become channels for Indian consumers to experience Xiaomi products. Xiaomi entered the Indian market in July 2014 and its products are mainly sold via the local e-commerce […]

Asia-focused private equity firm RRJ Capital disclosed that it has received US$762 million capital commitment for its third fund, named RRJ Capital Master Fund III, L.P. according to a regulatory filing. The fund is targeting to raise a total of US$4 billion, according to previous media reports. Launched earlier this year, the investment platform is […]

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Suning Supermarket Company, a direct subsidiary under Suning Commerce Group, announced its entry into the online Chinese fresh food market. According to a representative from Suning, their products will adopt direct overseas procurement and cold chain distribution during the entire process. The company will first implement trial operation in Shanghai and Hangzhou and their products […]

Chinese mobile game developer and publisher Linekong announced that the company has reached an agreement with 228.com.cn, an online ticket provider in China, to invest CNY23 million in the latter. This is reportedly the first capital strategic layout of Linekong since its IPO in Hong Kong at the end of December 2014. 228.com.cn is a […]

China's Cheetah Mobile has acquired the entire stake in the global mobile marketing company MobPartner for USD58 million. The payment will be reportedly realized in cash and stock. Fu Sheng, chief executive officer of Cheetah Mobile, said that by integrating Cheetah Mobile's large and increasing mobile traffic with MobPartner's global advertiser resources, leading mobile advertising […]

Beijing has lent billions to spread its influence, but as defaults loom its approach is shifting