After four long years of talks in Havana, Colombian President Juan Manuel Santos has negotiated an end to his government’s armed conflict with the FARC guerrillas. The peace accord not only ends a six-decade conflict, but also establishes a new diplomatic model for peace processes everywhere.
2016-08-26
But any uptick for the instant noodle maker is likely to be short term
2016-08-26
Shinzo Abe joins business leaders in Nairobi for conference aimed at reforming relations
2016-08-26
Chengtou bonds are back, and implicit government guarantees suggest they will prove resilient
2016-08-26
The embrace of political strongmen – leaders like Donald Trump who promise that they alone can fix the problems besetting democracies – reflects widespread ignorance of the nature and consequences of populist rule. Voters in much of the world could use a history lesson.
2016-08-26
Baidu Inc.'s investment department has been lagging behind the market and missed big opportunities due to a lack of coherent strategy and a rigid corporate culture. The failure of Baidu's investment unit to capture future leaders in emerging industries has widened the gap between Baidu and its two peers, Alibaba Group Holding Ltd. and Tencent […]
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2016-08-26
Chinese genome sequencing firm BGI, previously know as the Beijing Genomics Institute, has led a RMB200 million (US$30 million) series A funding round in Beijing Gene+ Technology, a gene testing and precision medicine start-up, according to Chinese media reports. Shenzhen-based Green Pine Capital Partners and Shanghai Huoshanshi Capital, a venture firm founded by ex-IDG Capital […]
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2016-08-26
Source Code Capital has joined a RMB150 million (US$22.5 million) series C round of financing in automobile after-sales O2O (online-to-offline) service provider, eBaoyang, Chinese media reported. The round is led by Yihao Capital, an entity that currently lacks any available identifiable public information. Founded in 2014, eBaoyang completed a US$20 million series B financing led […]
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2016-08-26
Shanghai, China, August 26, 2016 /ChinaNewswire.com/ – Hertz, a world leading car rental provider, and AccorHotels, the world’s leading hotel operator, have partnered to provide Le Club AccorHotels’ members with special car rental offers, including exclusive benefits, globally. With this partnership, Hertz expands its presence across key global markets. The partner agreement runs until March… Read More
2016-08-26
I-Bridge Capital, a healthcare-focused venture capital firm and incubator founded by an ex-partner of Kleiner Perkins Caufield & Byers (KPCB), has established a joint venture with Israeli drug company BioLineRx Ltd. to incubate innovative healthcare start-ups. The joint venture, named iPharma, will seek to develop innovative clinical and pre-clinical therapeutic projects originating primarily in Israel […]
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2016-08-26
A management buyout proposal to take NASDAQ-listed Chinese online game developer KongZhong Corporation, backed by IDG-Accel China Growth Fund, has lowered its proposed price as expectations fell for the kind of valuations companies can get in a potential re-lising back in China. An investor consortium including Wang Leilei, chairman and chief executive officer of the […]
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2016-08-26
Beijing, China, August 26, 2016 /ChinaNewswire.com/ – Eddy Sarton has been appointed as general manager of New World Beijing Hotel. Mr. Sarton will oversee all of the hotel's operations, including finance, front office, sales and marketing, food and beverage services, housekeeping, engineering, human resources and security. Mr. Sarton has more than 26 years of experience… Read More
2016-08-26
CDH Investments has reached a final closing for its fourth RMB mezzanine fund with RMB3.5 billion (US$525 million) in total capital commitments, according to Chinese media reports. The mezzanine fund, with an original fundraising target of URMB2 billion, secured commitments from 17 Chinese domestic institutional investors, including China Life Insurance, a unit of the Industrial […]
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2016-08-26
Ant Financial Services Group is known as China's biggest and most valuable financial technology company, but the man who's in charge of the Alibaba Group's financial affiliate remains a deeply mysterious non-public figure. Eric Jing, 44, a veteran Alibaba executive and head of Alibaba's Alipay unit since 2009, rarely talks to the media or speaks […]
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2016-08-26
Lenovo and Microsoft announced plans to enhance their strategic cooperation and Lenovo will pre-install Microsoft's productivity applications such as Office, …
2016-08-26
Bank of China Hong Kong and Hang Seng Bank have both issued warnings in recent days about Web-based attacks targeted …