China's new RMB loans reached RMB852.7 billion in November, 55.5% higher than that of the prior month, beating market expectations RMB655.0 billion, according to data released by the People’s Bank of China. The total social financing aggregate number in November also came in higher than expected at RMB1.15 trillion. M2, China's broadest measure of money […]

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Russian President Vladimir Putin’s covert aggression in Ukraine continues – and so do Western sanctions against his country. But the economy is not all that is under threat; Russia’s soft power is dwindling, with potentially devastating results.

Despite their apparent failure, demonstrators are hopeful of a long-term impact

More than 100 Vietnamese women abscond from local men who paid to marry them

Forced factory shutdowns ahead of summit dent industrial production, adding to growth pressure

Controversial $60bn project will irrigate the country’s arid north

An investment vehicle owned by Chinese billionaire Sun Xishuang is planning to acquire The Hoyts Group, Australia's number two cinema chain, from Australian private equity firm Pacific Equity Partners, according to a Reuters report citing a source with close knowledge of the matter. The investment vehicle, ID Leisure International Capital, may potentially pay around A$900 […]

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Any assistance from Beijing would be outside US-led coalition

Chinese search engine Baidu Inc. is likely to announce that it has invested in San Francisco-headquartered ride-share and taxi service firm Uber next week, according to unconfirmed Chinese media reports. Representatives of Baidu did not respond to inquires to confirm the news. Baidu is likely to invest up to US$600 million, according to the media […]

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Changsha, Hunan province-based eye hospital operator Aier Eye Hospital Group plans to jointly establish a RMB1 billion (US$160 million) industry investment fund with an investment entity resided in a county that belongs to the capital of the Tibet Autonomous Region, Lhasa, according to a regulatory filing. Aier will team up with Dazi Zhongyu Health Venture […]

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Wang Juan, chief editor of Tencent's video business, announced that Tencent is preparing its over-the-top content plans for 2015 by cooperating with license owners and hardware manufacturers. Wang said Internet TV in China is a regulatory focus of the State Administration of Press, Publication, Radio, Film and Television of China because smart TVs will become […]

Shenyang City-headquartered Chinese IT solutions and service provider Neusoft Corporation says it intends to sign an agreement with an investor consortium including Chinese private equity firm Hony Capital and Goldman Sachs to invest in Neusoft's two subsidiaries as strategic investors to help the company transform and further expand its healthcare businesses, according to a company […]

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Beijing-based Chinese mobile social instant message app developer Momo Inc., backed by a long list of venture capital and private equity firms, has completed an IPO on the NASDAQ, raising a total of US$216 million, according to an updated securities filing. Momo issued 16 million American Depositary Shares (ADS) at US$13.50, the middle of its […]

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Life insurers in Asia ex-Japan's largest markets will see their investable assets grow nearly 15% in 2015 to hit US$2.4 trillion, according to a new report by global analytics firm Cerulli Associates Asia Pte Ltd. "The 2015 growth will be slightly higher than the 13.7% year-on-year increase that we expect for the whole of 2014," […]

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