China Fund Chief Says U.S. Isn't Welcoming
The U.S. is telling China's $500 billion sovereign-wealth fund, CIC, to "go away," according to the fund's top executive, in the latest sign of strained investment ties between the world's two largest economies.
Are public exits swinging open in Asia again?
In week ended February 22, Temasek Holdings unit Mapletree Investments Pte Ltd launched a real estate investment trust (REIT) – Mapletree Greater China Commercial Trust – at the top of its range, raising US$1.3 billion.
Week commencing 04/03/13
In week ended February 22, Temasek Holdings unit Mapletree Investments Pte Ltd launched a real estate investment trust (REIT) – Mapletree Greater China Commercial Trust – at the top of its range, raising US$1.3 billion...
China nears approval of $16 billion domestic jet-engine plan: Xinhua
SHANGHAI - China's cabinet may soon approve an aircraft engine development program that will require investment of at least 100 billion yuan ($16 billion), state-run Xinhua news agency quoted unidentified industry sources as saying.
Found more than 1 month ago on channel Reuters
New York Times Co. To Sell Boston Globe Amid Changing Media Landscape
The Times they are a-changin’ — again. The New York Times Co., parent company of the Gray Lady, plans to sell The Boston Globe, the venerable newspaper founded in 1872 by six Boston businessmen. The sale, which has been expected, is another indication of the rapidly changing U.S. media landscape, as the Internet transforms traditional media companies and new upstarts rise to challenge them. The decision to sell The Globe (part of the New England Media Group) is the first major action undertaken by new Times Co. CEO Mark Thompson, the former head of British Broadcasting Corp. For the last several years, The Times has been shedding assets and developing a new strategy centered around video, mobile devices, social media, and international growth. In short, The Times aims to become the premier global news organization, one deeply rooted in technology. “Our plan to sell the New England Media Group demonstrates our commitment to concentrate our strategic focus and investment on The New ...