Among this summer’s grave global worries, the spread of the Ebola virus has monopolized the discussion of Sub-Saharan Africa and reinvigorated hoary notions of disorder and despair – at a time when a new image of a dynamic Africa was emerging. In fact, there is still strong reason for optimism about the region’s prospects.
2014-09-04
Senior journalists at business daily alleged to have sought cash from companies in exchange for positive coverage
2014-09-04
China will make adjustments to the methodology used to calculate the country's GDP in the coming months, which is likely to boost real GDP and make it easier to reach its objective of "around 7.5%" growth this year, says a report by Beijing Gao Hua Securities Company Limited. The coming months will see two changes […]
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.
2014-09-04
Hong Kong-listed Media Asia Group, Korea's S.M. Entertainment Co., Ltd., and Taiwanese financial and communications conglomerate Fubon Group plan to set up a joint investment fund to back film and television projects in China, according to a securities filing. The fund, named Dragon Tiger Capital Partners L.P., will have US$ 20 million as seed capital. […]
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.
2014-09-04
Three private equity firms, Primavera Capital, The Carlyle Group and FountainVest Partners have withdrawn from the consortium backing a US$1.9 billion go-private deal of NASDAQ-listed Chinese game developer Shanda Games Ltd., according to Shanda’s official announcement. Chinese online game developer Perfect World also withdrew from the consortium. An affiliate of Orient Securities, an affiliate of […]
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.
2014-09-04
Korean mobile game developer PATI Games has received 20 billion Korean Won (US$19.7 million) investment from China’s largest Internet service provider Tencent Holdings Limited, according to the company’s official announcement. Tencent would become the second largest shareholder with a 20% stake of PATI Games after the completion of the transaction. Founded in 2011, PATI Games […]
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.
2014-09-04
Rule capping overseas content at 30% will favour local entertainment producers and limit overseas cultural influences
2014-09-04
In recent years the country has launched some of the world’s most ambitious programmes but low take-up is threatening to puncture the services
2014-09-04
The Chinese government already has direct access to the online activity of the country's netizens, and that access is about to get even more pervasive through a new wearable technology from China's top search engine. The newly-launched BaiduEye prototype was unveiled yesterday at the Baidu World 2014 conference. BaiduEye does not need a screen and […]
2014-09-04
Occupy Central, co-founded by Professor Tai, has threatened to blockade HK’s Central district if China does not introduce universal suffrage
2014-09-04
Officials from a regional prosecutors’ office arrived at offices of Morgan Stanley Huaxin Securities to verify work details of son of arrested official