In the last week of May, as least 1,050 migrants and asylum-seekers died in the Mediterranean Sea, victims of the international community’s unwillingness to address the needs of the world’s most vulnerable people. Every one of those deaths could have been prevented.
2016-06-13
Away from the volatility in equities, growth in underlying business has been strong
2016-06-13
Central bank felt pressure to stabilise currency even after pledging to reduce intervention
2016-06-13
Sub-10% expansion in first 5 months puts GDP target in doubt
2016-06-13
Ma visit to Chinese territory for speaking engagement cancelled on security grounds
2016-06-13
AGIC Capital, an Asia-Europe cross border growth equity firm founded by former Deutsche Bank executive Henry Cai, has acquired a large majority stake in Gimatic Srl, an Italian manufacturer of pneumatic and electric grippers for industrial automation. Financial details of the transaction were not revealed. In an announcement, AGIC Capital says the enterprise value of […]
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.
2016-06-13
Asian private equity firm Navis Capital Partners has invested an undisclosed amount in French ultra-luxury furniture brand Christian Liaigre Group. The transaction was made in conjunction with Symphony International Holdings Ltd, a Singapore-based investment holding company focused on lifestyle and healthcare businesses, and Chanintr Living, a Thai-based furniture retailer, which operates Liaigre showrooms, says an […]
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.
2016-06-13
China's largest ride share company Didi Chuxing has received a US$600 million investment from China Life Insurance Co. Ltd., following a US$1 billion injection from Apple Inc and a US$400 million infusion from Alibaba Group Holdings Ltd. and its Internet finance unit Ant Financial last month. According to Tencent Technology citing a company announcement, China […]
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.
2016-06-13
Venture-backed China Online Education Group, the operator of online English language education firm 51Talk, has completed an initial public offering in the U.S. raising an aggregate of approximately US$45.6 million. The company placed 2.4 million American Depositary Shares (ADS) at US$19 apiece. The above issuing size is assuming no over-allotment options are exercised. At the […]
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.
2016-06-13
Chinese smartphone maker ZTE plans to open 20 new stores in major cities across China while launching one specialty store in Germany, Mexico, and Russia, respectively, aiming to improve its product sales and brand influence….
2016-06-13
Focus Media chairman Jiang Nanchun recently announced that Focus Media and FountainVest Partners have established a USD400 million sports fund, …
2016-06-13
Taiwan-based MediaTek has launched Pump Express 3.0 technology, and devices carrying this technology are expected to be available in the …