China's holdings in US Treasury securities were seen increasing to a figure nearing $1.314 trillion it last hit in July 2011 as the world awaits for the decision of the US Federal Reserve to taper its $85 billion monthly purchases, said a Bloomberg report.
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New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team.
China Media Capital acquires stake in Caixin Media
Shanghai-based investment fund China Media Capital (CMC) purchased a stake in Beijing-based business media entity Caixin Media Company Ltd from Zhebao Media Holding Group Co Ltd for an undisclosed amount.
The Hershey Company recently bought out Shanghai Golden Monkey Food Co, to expand in China for $498 million
In a bid to expand its operations in China, The Hershey Company recently bought out Shanghai Golden Monkey Food Co, maker of over 200 varieties of candy, in a deal valued at $498 million.
More state-owned firms may be sold off in China -official
More state-owned companies in China may be sold off as private entities in a bid to improve economic, according to a Chinese official affiliated with the agency that controls the country's largest state firms.
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Tokyo, Japan-based firms ITOCHU Corp and ITOCHU Textile Prominent Ltd have finalized a deal with Fenix Group Holdings Ltd to invest in ASF Limited, an intermediate holding firm under the sponsorship of Fenix.
The Delaware Supreme Court on Monday dismissed Cooper Tire & Rubber Company's appeal against an earlier court ruling favoring Indian tire maker Apollo Tyres Ltd. The two companies went on trial in November over the stalled merger deal.
Beijing-based supermarket chain Wumart Stores Inc has cancelled its plans to purchase stores and equity shares from its rival C.P. Lotus Corp, but the reasons for the fallout were not elaborated in a report.
French automaker Renault and state-owned Dongfeng Motor Group have finally closed a $1.3 billion partnership agreement after almost a decade. The deal allows Renault to sell locally assembled models in China.
On Saturday, the Chinese State Council said that it has instructed the China Securities Regulatory Commission to life the approval restrictions on small and medium-sized companies with less than 200 shareholders.
The government of North Korea under Kim Jong-un appeared to be purging close allies of disgraced political leader and family member Chang Song-thaek as the former orders its business people in China to come home.
The China Securities Regulatory Commission or CSRC revealed new plans on public share sales as initial public offerings are set to resume in January next year, Reuters reported.
A report said merger and acquisition transactions fell in the Asia-Pacific region caused by a slowing in the energy and raw materials sectors.
Chinese lender China Everbright Co raised $2.6 billion in its third attempt at a Hong Kong initial public offering (IPO) of 5.08 billion shares priced at HK$3.98 apiece.
