India declares its economy grew 7.5 per cent in the January to March, outstripping even China
2015-05-29
Scotland-headquartered Aberdeen Asset Management PLC has agreed to acquire FLAG Capital Management, LLC, a manager of private equity and real asset with offices in Connecticut, Boston, Massachusetts, and Hong Kong, according to a company announcement. Financial details of the deal were not disclosed. In 2012, FLAG Capital acquired Squadron Capital Management Limited, a Hong Kong-based […]
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.
2015-05-29
Loosening of capital controls could unleash Rmb41tn in wealth for investment
2015-05-29
The reported liquidity drain of over RMB100 billion by China's central bank does not indicate the start of the country's monetary policy reversal. China will continue deploying further loosening policies via interest rate cut and bank reserve requirement ratio (RRR) cut, says a BofA Merrill Lynch Global Research report. The People's Bank of China (PBoC) […]
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.
2015-05-29
Private equity firm Warburg Pincus LLC has launched a HK$3.108 billion (US$401 million) share sale in Hong Kong-listed Chinese car rental company, CAR Inc., in one hugely lucrative transaction that will bring proceeds that are two times of its original investment. Warburg Pincus, through its Amber Gem Holdings Ltd. unit, has agreed to dispose 168 […]
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.
2015-05-29
China Mobile has launched two Internet of Things platforms targeting Chinese enterprise users. During CES Asia 2015, the telecommunications company unveiled its Internet of Things exclusive business management platform and its OneNet device cloud platform. The Internet of Things business management platform combines statistical analysis and an API interface for businesses to build hardware and […]
2015-05-29
The arrest of senior FIFA executives on a raft of fraud and corruption charges has been front-page news in recent days. But the charges brought by the authorities do not address another egregious injustice: the treatment of the migrant workers in Qatar…