Nuclear-armed Pakistan is now at risk of becoming a failed state. But even if it does not fail, the nexus between terrorist groups and the country's powerful military raises the specter of nuclear terrorism – a risk that the US must take action to contain.
2016-10-13
Beijing is rethinking its global financial diplomacy as huge commitments in overseas development turn sour
2016-10-13
Combined fortunes drop for first time since global financial crisis
2016-10-13
China's venture capitalists remain cautious during the third quarter, having inked 84 venture deals with total deal value of US$3.9 billion during the third quarter. Despite a slight increase in deal numbers, total deal value dropped 32% quarter-on-quarter, signaling continued sluggishness in Asia's dominate venture market. The findings are part of a new report released […]
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2016-10-13
Markets sent lower as September trade data add pressure to renminbi
2016-10-13
Hong Kong-based private real estate investment firm Gaw Capital Partners has teamed up with Australian property investor Abacus Property Group to launch a US$200 million fund to invest in industrial assets along the eastern seaboard of Australia. The Abacus GAW Investment Trust (AGIT) will initially acquire two properties, including an industrial asset in Melbourne and […]
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2016-10-13
Less than two months after Didi Chuxing struck a Uber China acquisition to establish itself as the absolute ride sharing leader in the country, new start-ups are mushrooming left and right trying to take away users as strict new regulations threaten to put Didi under intense pressure. Everbright Financial Leasing Co., Ltd. today said it […]
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2016-10-13
The world is at a hinge point and the postwar settlement has been eroded
2016-10-13
Baidu Inc. has established an investment vehicle called Baidu Capital with a fundraising target of RMB20 billion (US$3 billion) to make mid- to late-stage investments in Internet companies, as the Chinese Internet giant plays catch up with peers on key technology investments. The vehicle will aim to spend US$50 million to US$100 million or more […]
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2016-10-13
Wal-Mart nearly doubled its investment in Chinese e-commerce platform JD.com and its shareholding scale increased from 5.9% to 10.8%. Meanwhile, Wal-Mart gained an observer role for board of directors meeting of JD.com, which plays second-fiddle…
2016-10-13
Hong Kong online fashion retailer Grana announced that the company has raised USD10 million in their latest round financing, which was led by Alibaba Entrepreneurs Fund. This is Grana's series A round of financing. Prior…
2016-10-13
China's proposed new rules on the ride-sharing industry may limit the supply of drivers working for consumer-to-consumer platforms such as Didi Chuxing, which would benefit business-to-consumer operators such as Ucar Inc., Fitch Ratings says in a report. The draft implementation details of the ride-sharing regulation, which were announced by various Chinese cities over the past […]
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2016-10-13
Foxconn has deployed 40,000 robots in its factories in mainland China as it aims to reduce the number of workers …
2016-10-13
Chinese mobile Internet services provider NetQin announced appointments of Guo Lingyun and Zhu Yan as directors of the company. The …
2016-10-13
Private equity company Blackstone Group has agreed to sell Pactera to a technology company under HNA Group for USD675 million. …
2016-10-13
Baoneng chairman Yao Zhenhua surges up Hurun rich list but Wang Jianlin and Jack Ma retain top spots