It is easy to understand why many analysts have begun to focus on what North Korea’s demise might mean for political arrangements on the Korean Peninsula. At some point, and in some as-yet-undefined way, the People's Democratic Republic will be unable to function, and the Republic of Korea will become the successor state.
A recent rumor circulating on the Chinese Internet has been debunked by HTC. HTC was rumored to be planning to sell its factory in Shanghai to a Chinese mainland company; however, HTC denied it. A representative from the Taiwanese smartphone maker said that HTC will not sell its company, including any production plants. At present, […]
Sichuan province-based big data firm BusinessBigData has received RMB100 million (US$16 million) series B round of financing from Sinolink Securities Co., Ltd, CDH Investments and another unidentified investor, according to Chinese media reports. The company previously received an undisclosed series A round from Shenzhen Fortune Venture Capital Co., Ltd. in April, according to its website. […]
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Finance company brands itself with US investment bank’s name
Property company owned by China’s richest man bets on the country’s emerging middle class
Surge ends five-day losing streak that wiped out trillions of dollars of market value
Shanghai-based online food ordering platform Ele.me has signed an agreement to receive US$90 million investment from Shenzhen-listed Chinese shopping mall operator Beijing Hualian Department Store Co., Ltd., according to a securities filing. Other investors, including Sequoia Capital, Horizon Ventures, Chinese e-commerce firm JD.com Inc. and Slender West Lake Investment Limited, also invested an undisclosed amount […]
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Head of port is among those in custody as authorities seek to expose wrongdoing behind disaster
Spillover effects will hurt Japan’s exports and war on deflation
Chinese conglomerate Dalian Wanda Group has agreed to acquire the World Triathlon Corp from U.S. private equity firm Providence Equity Corp for around US$900 million, in another step to push further into the sports sector, according to media reports. Representatives at Providence and Dalian Wanda did not immediately respond to inquires to confirm the news. […]
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Yuneec International Co. Ltd., a Kunshan, Jiangsu-province based drone maker, has received US$60 million investment from Intel, according to a video announcement made by Intel. Founded in Hong Kong in 1999, Yuneec has over 1,800 employees located in Hong Kong, Shanghai, Los Angeles and Hamburg, Germany. Yuneec makes over one million units a year, including […]
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Tech stock rebound leads S&P 500 to biggest one-day gain in almost four years
Presidential contenders talk tough ahead of Xi Jinping’s state visit to Washington
A visual summary of how the Dragon got here