When Wolfgang Schäuble, Germany’s finance minister, recently tabled the option of a Greek exit from the euro, he wanted to signal that no member country could abstain from the monetary union's rules. But his initiative triggered a much broader discussion of the euro’s governance and the very rationale for its existence.
Energy secretary says renewable energy can prosper without handouts
Chinese capital beats Almaty in Kazakhstan, despite lack of snow and human rights concerns
Haikou, Hainan province-based Chinese conglomerate HNA Group Co., Ltd. has agreed to acquire air cargo services firm Swissport International Ltd. from European private equity firm PAI Partners for approximately US$2.8 billion, according to a company announcement. HNA Group, the parent of China's Hainan Airlines, is buying 100% of Swissport. The deal will compliment the group's […]
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Shanghai-based digital media and display advertising firm Focus Media Holdings Limited is seeking other ways to re-list in China, as the shell company in its previously planned back door listing deal becomes entangled in a potentially lengthy investigation. The company may consider a listing on the strategic emerging board, which the Shanghai Stock Exchange Plans […]
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Hong Kong-listed ramen restaurant chain operator Ajisen (China) Holdings Limited has led a US$70 million investment in Baidu Waimai, the food delivery O2O (online-to-offline) platform launched by Chinese search engine Baidu Inc., according to a regulatory filing. A subsidiary of Ajisen, named Ajisen Investments, together with Chinese private equity investment firm, the Hina Group Holdings, […]
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Large companies revise sales targets amid weaker growth and stock market turbulence
Dissident artist told he failed to declare criminal conviction