Reform talk is nice. Action would be better

Hotel chains and taxi businesses among the non-core businesses to be sold

Some have called on Germany to embrace its role as Europe's hegemon. Instead, Germany should focus on strengthening the EU by working to create the conditions necessary for a much stronger and more cohesive European foreign and security policy, one tha…

Brews from local ingredients, infused with Chinese philosophy, are quenching a thirst

Incremental changes may be insufficient to revitalise state groups

Taiwan's MediaTek Inc. has signed a letter of intent with Richtek Technology Corporation to acquire common stock of the latter. MediaTek plans to acquire a minimum of 51,981,057 shares (approximately 35% of Richtek's outstanding shares) to a maximum of 75,743,826 shares (approximately 51% of Richtek's outstanding shares) for NTD195 per share. On the completion of […]

China’s new RMB loans declined to RMB810 billion in August, down from July's RMB1.48 trillion. Total social financing aggregate came in at RMB1.08 trillion in the month, up from RMB718.8 billion recorded in July. China's M2 growth kept steady at a 13.3% expansion in August. "August monetary data were broadly in line with expectations. We […]

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.

CITIC Private Equity and U.S.-based human resource consulting firm ManpowerGroup have agreed to establish a joint venture to expand ManpowerGroup's business in the Greater China region. No financial or ownership details of the joint venture are disclosed, but it will be governed by a senior executive board from both companies, according to a company announcement. […]

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.

Shanghai-based campus O2O (online-to-offline) platform Zhai.me has completed US$35 million series B round of financing led by Chinese group discount platform Meituan.com. Banyan Capital, Bertelsmann Asia Investments and Vertex Venture Holdings also participated in the round, according to Chinese media reports. Meituan.com and Zhai.me have also established a strategic partnership to improve and expand both […]

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.

The Ontario Teachers' Pension Plan (OTPP) has appointed Nicole Musicco as managing director for Asia Pacific and head of its Hong Kong office. In this newly created role, Musicco is responsible for the full investment cycle from origination to execution across asset classes in the region. Musicco has a strong private equity background with experience […]

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.

Chinese taxi-hailing app group Didi Kuaidi announced a deal with bus manufacturer Yutong to create bus-related smart technologies. With the cooperation, Didi Kuaidi will recommend their automobile leasing partners to choose new energy products made by Yutong. Meanwhile, Yutong will provide an express bus purchase channel for those companies. Financial terms of the deal were […]