The world is entering a period of growing risk, rising uncertainty, and fundamental transformation – the beginning of a less stable international era. Responsible leaders must work together to reconstruct the international order, strengthen institutional arrangements, and stem spreading chaos.
2016-02-11
When Pope Francis holds mass just south of the US-Mexico border next week, he will almost certainly urge support for immigrants who have headed north. He should also take the opportunity to advocate for the five billion people in the world who lack doc…
2016-02-11
Mainland gangs strip territory of incense wood worth almost as much as gold
2016-02-11
China will surpass the U.S. in terms of total revenue from app stores by the first half of 2016, having surpassed it in downloads in early 2015, says a new report by mobile app tracker App Annie. In 2016, the global mobile app market is projected to expand 24% to reach US$51 billion in gross […]
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.
2016-02-11
Shenzhen-based robot developer Ubtech and drone maker DJI, both backed by venture investors, were featured on the Chinese New Year's gala, highlighting the government's push toward innovation and entrepreneurship. DJI has backings from Accel Partners and Kleiner Perkins Caufield & Byers (KPCB). It reportedly secured investment from New China Life Insurance Co Ltd, GIC and […]
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2016-02-11
Kingsoft Cloud Group has raised US$60 million in a series C round of financing from parent company Chinese software firm Kingsoft, IDG Capital Partners and an entity associated with China Asset Management Co., Ltd., according to a disclosure document. The round values Kingsoft Cloud, the cloud computing unit of Kingsoft established in 2012, at US$1.06 […]
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.
2016-02-11
Global pension fund assets in 19 major markets weighed in at US$35.4 trillion at year-end 2015, down slightly from US$36 trillion a year earlier, according to a new report by research firm Willis Towers Watson. The assets are equivalent to 80% of their underlying countries’ GDP and account for around 35% of the institutional assets […]
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.
2016-02-11
GoDaddy.com, one of the largest top-level domain name sellers in the United States, is aiming for more Chinese business in …
2016-02-11
Shenzhen-listed Chinese pharmaceutical company Haisco Pharmaceutical Group has led a US$15 million series D round of financing in Israeli drug developer Regentis Biomaterials Ltd., says a company announcement. Existing investors including Medica Partners, SCP Vitalife Partners, Generali Financial Holdings, the Technion Research & Development Foundation and the Technion Innovation Opportunities Fund also participated in the […]
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.
2016-02-11
For many years, the Chinese currency could be used only inside the country. Since China embarked on a course to internationalize the RMB starting in the mid 2000s, the Chinese currency is now increasingly used for international trade, investment and as a reserve currency. As the Year of the Monkey begins, HSBC publishes an infographic […]
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.