A shrinking labour force from rural areas is driving huge economic change
2015-05-04
Endless flow of rural labour that powered three-decade boom is petering out
2015-05-04
Former Hewlett-Packard chief becomes latest entrant in crowded Republican field
2015-05-04
The selection process for filling important international posts often has been characterized more by political horse-trading than a meritocratic search for the best candidate. The tools to improve the process are available, and the time is right to ens…
2015-05-04
Chinese contract research and development services provider WuXi PharmaTech Inc. says it has received a proposal to be taken private by a consortium led by its chief executive Dr. Li Ge and Ally Bridge Group Capital Partners, according to a company announcement. The consortium proposes to acquire all of WuXi PharmaTech's outstanding shares not already […]
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.
2015-05-04
U.S. bitcoin start-up Circle has completed US$50 million strategic investment round led by Goldman Sachs and IDG Capital Partners, according to a company announcement. Existing investors including Breyer Capital, General Catalyst Partners, Accel Partners, Oak Investment Partners, Fenway Summer, Digital Currency Group, Pantera Capital, also participated in the round. IDG Capital will help the company […]
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.
2015-05-04
OmniVision Technologies, Inc., a NASDAQ-listed smartphone camera maker and other digital imaging solution provider, has agreed to be taken private by a Chinese investor consortium for approximately US$1.9 billion, according to a company announcement. The consortium includes Hua Capital Management Co., Ltd., CITIC Capital Holdings Limited, and GoldStone Investment Co., Ltd. Under the terms of […]
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.
2015-05-04
Chinese official said last British governor Lord Patten would be ‘condemned through the ages’
2015-05-04
Party leaders seek to maintain cordial relations as tensions persist
2015-05-04
Move to replicate US model of policy advice that is independent of powerful ministries
2015-05-04
China's economic data may show signs of a tentative stabilization as a result of continued policy support, but the government will continue to speed up infrastructure investment and cut benchmark interest rate in the next couple of months, says a research report by UBS AG. The pace of decline in coal consumption improved going into […]
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.
2015-05-04
Hong Kong-listed Chinese conglomerate Fosun International Limited has agreed to acquire 80% of global insurer Ironshore Inc. it does not already own for as much as US$2 billion, according to a securities filing. The deal's total consideration is approximately US$1.8 billion, which will increase 8% per annum from December 31, 2014 to the closing date, […]
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.
2015-05-04
Liberalisation key to persuading global investors to hold renminbi
2015-05-04
Retirement of chairman Fu Changyu follows detainment of second in charge Wang Tianpu
2015-05-04
China-focused venture capital firm Banyan Capital has completed fundraising for a co-invest fund, which secured US$100 million in committed capital, according to the company's official website. The co-invest fund will only make follow-on investments to Banyan's existing portfolio companies. The new fund will take the firm's asset-under-management up to over US$700 million. Banyan Capital raised […]
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.
2015-05-04
China's Didi-Kuaidi Group announced plans to donate CNY1 million to help people in Nepal and China's Tibet who were affected by the recent earthquake. At the same time, the group is calling tfor he attention of Chinese netizens to participate in the earthquake relief. On April 25, 2015, Beijing Time, a 8.1-magnitude earthquake hit Nepal […]
2015-05-04
Chinese enterprise management software and e-business application solution provider Kingdee International Software Group has signed a global strategic cooperation agreement with Amazon Connect Technology Services (Beijing) Co., Ltd. Under this global strategic cooperation agreement, the two parties will implement comprehensive and in-depth cooperation in various sectors, including enterprise resource planning, cloud service business transformation; product […]
2015-05-04
Ajisen (China) Holdings Limited announced that during the first three months of 2015, the company's individual store sales in Hong Kong increased by 2% year-on-year; while its individual store sales in mainland China decreased by 6% year-on-year. Meanwhile, the group's fast casual restaurant business also decreased by 1.6%. Pan Wei, chairman and executive president of […]