Nine years after Lenovo purchased IBM's PC business, the Chinese company has now sealed a deal to buy IBM's server business for approximately USD2.3 billion. Lenovo and IBM have entered into a definitive agreement in which Lenovo plans to acquire IBM's x86 server business. This includes System x, BladeCenter and Flex System blade servers and […]
2014-01-23
Luxembourg-based emerging market private equity firm IDI Emerging Markets Partners has completed a first closing of $50 million for its third emerging markets fund, according to a company announcement. IDI Emerging Markets is an investment arm of French development capital company IDI Group. The fund, named IDI Emerging Markets Partners Fund III, received a $10 […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-01-23
Economists are questioning what has become the virtual orthodoxy of more consumption and less investment when assessing Beijing’s economy
2014-01-23
Asian-led buying frenzy of jewellery, coins and gold bars comes as precious metal falls 28% after losing its lustre in Europe and North America
2014-01-23
With $660bn of Chinese trust loans falling due this year, the troubled sector looks set to pose one of the stiffest tests yet for policy makers
2014-01-23
Nearly six years after the supposed defeat of Sunni extremists in Iraq, the Al Qaeda-linked Islamic State of Iraq and the Levant has emerged in Syria, and is spilling over the border into Iraq’s Anbar province. Both countries are now headed toward a reckoning that could reshape the region and lead to violent conflict for years to come.
2014-01-23
As the transatlantic regulatory relationship deteriorates, the conclusion that most observers are reaching is that, even in financial rule-making, power politics trumps the common good. But regulatory divergences are not just a product of national inte…
2014-01-23
Shanxi government may help fund bailout of a soured $500m trust as authorities try to avert default, in a test case for China’s shadow banking sector
2014-01-23
The author is head of Greater China research at Standard Chartered, Stephen Green Imagine for one moment that the entire populations of France (65 million), the UK (63 million), Belgium (11 million), Greece (11 million), Portugal (11 million) and (why not?) Iceland (300,000) got on the train to Germany and looked for work on construction […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-01-23
Hangzhou-based Chinese e-commerce company the Alibaba Group has invested $15 million in series C funding in U.S. luxury e-commerce firm 1stdibs, according to media reports. An Alibaba spokesperson confirmed the investment, but did not specify further details of the transaction. The New York-based 1stdibs previously raised $117 million from Benchmark Capital, Index Ventures and Spark […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-01-23
Britain has emerged as the most popular international location for pre-university education among wealthy Chinese families, research shows.
2014-01-23
More than a decade after the website sunk into oblivion, the new owners of the China.com domain name are hoping an international revival will grab users back to the site. Guoguang Global Media Holdings Limited, the industrial management platform of China Radio International, recently announced growth plans for its acquired business, China.com. Founded in May […]
2014-01-23
Northern Europe private equity firm EQT Partners has reached final close of its middle market fund at €1.1 billion ($1.49 billion), above its initial target of €1 billion, according to a company announcement. The fund will primarily focus on middle market buyouts and growth equity investments in Northern Europe, Greater China and Southeast Asia. Deal […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.