The grotesque coupling of solidarity with Palestine and anti-Jewish invective seems to have forged a politically correct form of anti-Semitism that is drowning out legitimate criticism of Israel's policies in Gaza. Why does Israel’s controversial behavior, unlike that of other countries, call into question its right to exist?
2014-09-01
On Monday the Australian benchmark price of the steelmaking ingredient sank to $87.10 a tonne, taking the year-to-date fall to 35 per cent
2014-09-01
Policy introduced in Cherchen County in south Xinjiang as part of government response to recent bombings and terrorist attacks in region
2014-09-01
Hong Kong-based China-focused private equity firm FountainVest has completed an acquisition of a majority stake of Sterling Heights, Michigan-based car airbags and seat belts maker Key Safety Systems, Inc. (KKS), according to an announcement made by KKS. Specific terms of the investment were not disclosed, but FountainVest has became the largest shareholder in the company. […]
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2014-09-01
Taiwanese PC maker Acer Inc. has established a venture capital fund with over NT$1 billion (US$33.5 million) to make long-term investments to strengthen its technology advances, according to media reports. The company has hired an unnamed executive from outside of the company as an investment director, who will take office on September 1. Acer's founder, […]
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2014-09-01
Guangzhou-based Chinese multi-rotor and drone maker XAircraft has received US$20 million series A financing from Shanghai-based venture capital firm Chengwei Capital, according to Chinese media reports. The proceeds will be used for developing UAV ((Unmanned Aerial Vehicle) technology, as well as establishing its marketing networks. Founded in 2007, XAircraft is a multi-rotor and drone manufacturing […]
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2014-09-01
The territory’s special status as the commercial gateway to China is on the decline, with Shenzhen and Shanghai having already grown up
2014-09-01
Chinese exporters might have found a way around using Taobao and Alibaba to ship overseas. The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development and delivery. Shanghai's cross-border trading e-commerce pilot platform formally started operation at […]
2014-09-01
The management committee of China (Shanghai) Pilot Free Trade Zone and Shanghai Information Investment have respectively signed a memorandum of cooperation with Amazon.com aimed at cross-border e-commerce development. Shanghai's cross-border trading e-commerce pilot platform formally started operation at the end of 2013. At present, 32 vendors from various countries and regions, including Japan, South Korea, […]
2014-09-01
The Chinese government’s official purchasing manager’s index showed its first drop since February, sparks concerns that the slowdown could deepen
2014-09-01
As global hedge funds attract capital from private and retail investors, capital from institutional investors including pension funds, foundations and endowments now represents 63% of total hedge fund assets, down from 65% at the end of 2013, according to a survey conducted by investment research firm Preqin. The survey of more than 100 hedge fund […]
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2014-09-01
China's newly-passed budget law amendment that allows local governments to issue bonds will help alleviate systematic risk for the country's financial system, says Wang Tao, head of China Economics Research at UBS AG, in a research report. China's National People's Congress passed a long-awaited set of amendments to the country's budget law on August 31. […]
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2014-09-01
China’s official manufacturing purchasing managers' index (PMI) declined to 51.1 in August from 51.7 in July, slightly lower than market expectation, according to data released by China’s National Bureau of Statistics. The new order index dropped by 1.1 percentage points to 52.5, which leads the overall 0.33 percentage point decline of the overall PMI number. The […]
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2014-09-01
The Hong Kong Exchanges and Clearing Limited (HKEX) has completed the first round of market rehearsal for the much-expected Shanghai-Hong Kong Stock Connect pilot program smoothly during the past weekend, according to an announcement. The two-day market rehearsal allowed brokerage firms, the exchanges and other market participants to make sure their systems are ready for […]
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2014-09-01
China's weakening manufacturing economic indicators came out below market expectations, confirming the sluggishness of the economy and the softening momentum. But the Chinese government is likely to step up support to the economy in order to achieve its growth goals this year, says a report by BofA Merrill Lynch Global Research. China's official manufacturing PMI […]
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2014-09-01
BNP Paribas Investment Partners today announced the appointments of Tino Moorrees as CEO Hong Kong and Ryohei Shimazaki as CEO and president of BNP Paribas Investment Partners Japan Ltd., effective September 1 and June 25, respectively, according to a company announcement. Both report to Hong Kong-based Vincent Camerlynck, CEO Asia Pacific. Tino Moorrees has over […]
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2014-09-01
Microsoft will officially close its instant messaging service MSN in China on October 31, 2014. Microsoft already shut down MSN services worldwide in March 2013, with the exclusion of the Chinese mainland market; and the company started promoting its other communications product Skype. According to Microsoft, Chinese MSN services will be shut down on October […]