The deal by China State Grid reflects a shift in attitude towards Chinese investments and comes as Italy’s economy minister visits the Asian nation

All unscheduled or private flights suspended and commercial airlines ordered to cut routes because of ‘routine military exercises’ set to last weeks

Asian alternative investment firm CLSA Capital Partners has launched a KRW300 billion (US$295 million) Nexen Global Co-Investment Fund, its first private equity fund based in Korea, according to an announcement made by CLSA. The Nexen Global Fund was formed in partnership with Korean tire manufacturer Nexen Corp. and Nexen Tire Corp. It will make overseas […]

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The author is Nomura Global Markets Research The HSBC flash Purchasing Managers' Index (PMI) rose to 52.0 in July from a final June reading of 50.7, much stronger than market expectations of 51.0. This is a 1.3 percentage point increase, in contrast with the historical average of a 0.3 percentage point decline in July from […]

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The author is Peter Fuhrman, chairman and CEO of China First Capital In 2014, there are signs that the worst may now be over for China's private equity industry. The industry may be pulling out of a tailspin. A decade ago, China was a private equity backwater, with a handful of firms and few success […]

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China and India have both emerged as global economic superpowers in recent years, with China leading the way. But, with Chinese growth slowing amid far-reaching structural change, will the economic-reform efforts of India’s new prime minister, Narendra Modi, enable the country to catch up?

The author is Fitch Ratings Inc. Taiwanese banks' exposures to China have grown rapidly since 2010, and should almost double to 13% as a proportion of system assets by 2016. China exposure will increasingly become a downside factor for Taiwanese banks should their exposures grow excessively without generating strong profit, as capital is inadequate to […]

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Beijing-based private equity firm Hao Capital says that it has participated in series C financing for Beijing Wanxue Education Technology Limited, alongside co-investors Baidu Inc. and Doll Capital Management (DCM), according to an announcement made by Hao Capital. Deal size and other details of the investment were not disclosed. The latest round of financing will […]

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China Telecom has signed a memorandum of understanding with the world's leading virtual and cloud infrastructure provider VMware to launch China Telecom's eSurfing mixed cloud services in China. China Telecom's eSurfing mixed cloud services will reportedly target large enterprises whose existing data centers face infrastructure and power expansion problems. China Telecom will provide a mixed […]

In Asia’s biggest economy, the lunar new year often marks the start of a sell-off, while the third quarter presents an opportunity to buy back in