Russia’s crisis reveals the fragility not only of its economy, but also of the existing international order and contemporary thinking about economic and political sustainability. Indeed, Russia’s crisis was never supposed to happen – and its growing isolation gives it little stake in existing mechanisms of global governance.
2015-01-06
Whether Ukraine is reduced to a semi-sovereign buffer state, and the rule of brute force is given free rein, depends on whether world leaders understand that appeasement begets only further aggression. If they do not, 2015 could mark the return of a Eu…
2015-01-06
The world economy shows growth prospects for the year’
2015-01-06
Chinese private equity firm CDH Investments is to make a full exit from NASDAQ-listed Chinese online insurance service provider CNinsure Inc. by selling back all the American Depositary Shares (ADS) it holds back to the company's management team for a total price of US$54.1 million, according to a company announcement. CDH Investments plans to sell […]
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2015-01-06
London-headquartered private equity firm CVC Capital Partners says it has completed three exits in Taiwan, Japan, and the Philippines during December 2014, returning approximately US$1 billion in capital to limited partners (LPs), and bringing CVC Asia's total capital return to investors in 2014 to US$2 billion, according to a company announcement. On December 15, 2014, […]
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2015-01-06
Shenzhen-based Chinese Internet finance firm WeLab has completed US$20 million series A financing from DST Global, an investment firm founded by Russian businessman Yuri Milner, San Francisco-based investment advisor Iconiq Capital, Hong Kong-listed Chinese media conglomerate TOM Group and Sequoia Capital, according to a company announcement. The proceeds will be used to expand the company's market […]
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2015-01-06
Global law firm Ropes & Gray LLP is has appointed Eduard Sheremeta as a partner in the firm's Hong Kong office, in an effort to enhance its global real estate investments and transactions practice, according to a company statement. Sheremeta has nearly 15 years of experience in real estate law in Asia, including China and […]
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2015-01-06
Student leaders Joshua Wong and Alex Chow among those ordered to report to police
2015-01-06
Hong Kong-based mobile logistics booking platform Lalamove has received US$10 million series A financing led by Chinese venture firm Crystal Stream Capital, according to the official LinkdIn page of Lalamove's CEO Chow Shing-yuk. Geek Founders, Mindworks Ventures, Sirius Venture Capital, Aria Group and other undisclosed individual investors also participated in the round. The proceeds will […]
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2015-01-06
Six Chinese insurance companies have won approval to raise a private equity fund to support the financing needs of Chinese small and medium enterprises (SMEs) and micro-enterprises, according to a company official announcement. The fund, with an initial registered capital of RMB100 million (US$16 million), will be the first domestic private equity fund established and […]
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2015-01-06
Taiwanese group bolstered by new mid-range phones and Google tablet
2015-01-06
China's venture capital industry drew a close to another strong year. In 2014, a total of 504 venture capital financing deals were announced in the Greater China region, up 15% from a year earlier. Total transaction value reached US$12.8 billion, up 212% compared to 2013, according to data tracker Preqin. Globally, a total of 7,474 […]
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2015-01-06
Can China's stock market rally continue in 2015? Nomura believes it will, and the bull market may last much longer than most people expect, says the bank's researchers in a new report. Noumra expects that by the peak in 2017, the MSCI-China index will see 60% upside from the level at the end of 2014, […]
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2015-01-06
Li Ruigang, chairman and president of Chinese media conglomerate the Shanghai Media Group, has been removed from the position as president, according to an official document issued by the Shanghai municipal government on December 28, 2014. The state-owned media group's executive director Wang Jianjun will take over as president. The document did not say the […]
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2015-01-06
To support the development of Pizza Hut brand, Yum Brands announced that the group has now fully launched its franchise business in China. According to Yum, Pizza Hut China's franchising operation model requires the franchisees to take over an existing restaurant, instead of opening a new restaurant. With this model, franchisees do not need to […]
2015-01-06
Chinese Internet company Tencent and Sony Music Entertainment jointly announced a strategic cooperation agreement under which Tencent will exclusively manage Sony Music's online music service in mainland China. No financial details of the agreement were released. Basing on the agreement, Tencent will recommend Sony Music's artists on its QQ music streaming media website and other […]
2015-01-06
For more than a half-century, no US president was willing to pay the political price for admitting failure and resuming diplomatic relations with the island. But, as his tenure enters the home stretch, Barack Obama seems to have been released from such…