Markets cheered after PBoC cut interest rates amid concerns over threat of deflation

Sino-French private equity firm Cathay Capital Private Equity has acquired global advertising management platform Smart AdServer, according to a company announcement. The transaction value is not disclosed, but media reports have put the number at €37 million (US$41 million). After the completion of the acquisition, Smart AdServer will become an independent company. Since September 2007, […]

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Beijing-based O2O (online-to-offline) platform for automotive after sales service Yikuaixiu.com has received US$12 million series A financing from Chinese venture firm Lightspeed China Partners, according to Chinese media reports. The company says it will use the proceeds to expand its offerings and to build more offline stores in major cities in China. Launched in June […]

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 B2C e-commerce website JD.com officially opened its first comprehensive service center in Taiyuan, Shanxi province to provide super-fast services to consumers. As an important regional service center, the JD Taiyuan comprehensive service center is established with the ideas of better serving customers and improving customer satisfaction. Located in a prosperous commercial area, the new […]

Strong demand for dollars from Chinese companies contributes to decline

Chinese telecom operator China Mobile announced that by the end of January 2015, it had reached over 100 million 4G users. The company also announced that they plan to build one million 4G base stations, develop 250 million users, and sell 200 million devices in 2015. According to China Mobile, their 4G network has realized […]

American game developer Zynga announced that the company will close its office in Beijing. Zynga announced the decision while publishing its performance report for the fourth quarter of 2014. The company said that they will cut the 71 jobs in Beijing office and the related expense of USD7 million will be included in the first […]

Users send 810m cash gifts in a single minute on Lunar New Year’s eve

Chinese sportswear retailer Anta announced its performance for 2014 and said it had net profit of CNY1.7 billion, representing a year-on-year increase of 29%. Anta realized turnover of CNY8.923 billion in 2014, a year-on-year increase of 22.5% and its gross profit was CNY4.027 billion, a year-on-year increase of 32.5%. The company attributed its growth to […]

Witty pays price for falling sales and corruption woes

Last December, Gazprom and a Turkish pipeline company signed a memorandum of understanding to construct a gas pipeline from Russia to Turkey under the Black Sea. The $12 billion project is likely to reinforce Russia's reputation as an unreliable partn…

Graft agency article attacking 19th-century prince raises speculation over former vice-president

Reform brings risks, A-shares are a bet not only on this but on available leverage to buy shares

The basic tenets of Germany's foreign policy – close partnership with France within a united Europe and a strong transatlantic alliance in terms of both security and economic cooperation – have withstood the test of time. But now Germany must address three key challenges: crisis management, the changing global order, and its position within Europe.

While the fight between the Islamic State and the forces arrayed against it rages in the Middle East, another brutal battle is brewing in the US over who is winning the war. In America these days, all issues – whatever and wherever – soon fall into the maw of the country's polarized domestic politics.

In the last two weeks, Germany and its chancellor, Angela Merkel, were at the heart of efforts to achieve a diplomatic resolution to the two crises confronting Europe – in Ukraine and Greece. This is a new role for Germany, and the country is not yet accustomed to it.

The ongoing turmoil in Ukraine has frequently been compared to the Yugoslav crisis of the early 1990s – and, indeed, there are many similarities. But, when it comes to understanding why, after a year of increasingly brutal fighting, a resolution seems so remote, the differences are far more important.