Three of Southeast Asia's most important states – Malaysia, Thailand, and Indonesia – are raising serious doubts about their commitment to the rule of law, the integrity of their judicial systems, and the quality of mercy in the administration of justice. Worse, their political backsliding jeopardizes the entire region's prospects.
2015-03-03
If nations could agree a carbon tax, it would help create a more efficient, less polluting future
2015-03-03
Shanghai-based eye glasses e-commerce platform Wangcl.com has completed an undisclosed series A financing led by venture firm QF Capital. The round values the company at RMB200 million (US$32 million), according to an announcement on its official Weibo account. Founded in late 2013, Wangcl.com operates a vertical O2O (online-to-offline) platform specialized in selling eye glasses. Shenzhen-based […]
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2015-03-03
Guangzhou-based Chinese medical devices manufacturing firm Well Lead Medical Co., Limited, backed by private equity firm JD Capital, has completed an IPO on the Shanghai Stock Exchange, raising approximately RMB385 million (US$61.4 million) by issuing 25 million shares. In 2011, JD Capital invested in the company for an undisclosed amount, and kept an 8% stake. […]
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2015-03-03
Global investors see increasing opportunity in Asian hedge funds, with around 30% of respondents planning to increase investment in Asian managers over the next 12 months, up from 19% last year, according to Deutsche Bank's annual Alternative Investment Survey that gathered insights from 435 hedge fund investors with over US$1.8 trillion in assets under management. […]
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2015-03-03
The Third Session of the 12th National People's Congress (NPC), China's top legislature, will open on March 5th. During the meeting, Beijing could lower the GDP growth target for 2015 to around 7.0% from around 7.5% in 2014, says a report by BofA Merrill Lynch Global Research. The major reason is China's declining potential growth, […]
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2015-03-03
Hsinchu, Taiwan-based fabless chipmaker MediaTek has launched a US$300 million venture capital fund, MediaTek Ventures, to invest in global start-ups, according to a company announcement. MediaTek Ventures will target the semiconductor system and devices, Internet infrastructure, and Internet-of-things sectors, in order to create a collaborative ecosystem around MediaTek's main businesses. The fund will back start-ups […]
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2015-03-03
US president says rules seen as boosting Chinese tech groups ‘are going to have to change’
2015-03-03
Chinese e-commerce giant Alibaba Group Holdings plans to set up a NT$10 billion (US$316 million) not-for-profit fund to boost entrepreneurship among young people in Taiwan, according to a company announcement. The move follows last month’s establishment of the Alibaba Hong Kong Young Entrepreneurs Foundation that aims to raise HK$1 billion (US$129 million) to boost entrepreneurship […]
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2015-03-03
Propaganda authority directs news outlets not to write about 'Under the Dome'
2015-03-03
Beijing set to lower annual GDP growth target to “around 7 per cent”
2015-03-03
Probes of 14 officers revealed as national parliament prepares to kick off
2015-03-03
The murder last week of Boris Nemtsov, a leading opposition politician and a former deputy prime minister, should come as no surprise. But it should come as a shock – and as a wake-up call for those Russians who until now have tolerated a culture of lawlessness and impunity.