Chinese president unlikely to get directly involved, leaving Leung to handle the situation alone

China has announced measures to relax mortgage lending in order to help its struggling property sector. They will help boost sales transactions in the near-term, but will unlikely reverse the structural downtrend of the real estate sector in the country, says a research report by UBS AG. Following media reports of a mortgage lending rule […]

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.

Foreign liabilities in Spain and US continue to rise

Suzhou, Jiangsu province-based cloud computing optical transceivers maker InnoLight Technology Corporation says it has completed US$38 million series C financing led by Google's investment arm Google Capital and Chinese venture firm Lightspeed China Partners. This is Google Capital's first investment in China, and its second in Asia. Established in 2008, InnoLight received initial funding from […]

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.

Leaders reported to be weighing talks at Apec forum in November, ending near 2-year stand-off

Asia-focused private equity fund-of-funds (FoF) firm Asia Alternatives Management LLC has raised US$148 million for its fourth fund, according to media reports. Representatives of Asia Alternatives did not respond to request for confirmation of the news. It is unclear which round of closing it is. The firm currently manages three funds. Asia Alternatives Capital Partners […]

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.

Massive crowds expected on streets on National Day holiday on Wednesday

European stocks expected to open flat

Beijing recalled envoy shortly before Xi visited Delhi

Some 100,000 people in Hong Kong have downloaded the FireChat messaging app in 24 hours

Chinese telecom device maker Huawei acquired Neul, a Britain-headquartered Internet of Things technology provider, for USD25 million. As a company focusing on the research and development of Internet of Things technologies and products, Neul is known for its "Weightless" platform, which offers super-low energy consumption air interfaces for products like smart testers and street lights. […]

Threat remains of military intervention to control protests