Quotes of the day

A year of critical and fundamental change

China will be the focus of many boardroom discussions around the world next year. What will be at the center of these conversations? I believe that it will be a debate about Chinese consumers and how they will behave in a slowing economy and, ultimately, the extent to which they will be the driver of economic growth over the next few years. Let me elaborate.

Opportunities abound for PE firms in China

Private equity firms will have an active and profitable 2015, based on the rapid development of the Internet, the blossoming of startup companies and the benefits of China's financial reforms, the chairman of the Beijing Private Equity Association said.

Broader options for funding will help companies expand in Europe

The expansion of mainland-based financial firms in Europe will speed up in the coming years as the government expands funding for the nation's companies' moves to invest and operate overseas.

Rouble 'set to touch new lows'

Ratings agencies say economic outlook worsens amid Ukraine conflict, oil fall

Convertibles return along with economic confidence

Americans are ready to let their tops down and feel the wind through their hair.

Apple alters pricing of software applications to mirror currency fluctuation

Apple Inc changed the prices of software applications from Canada to Europe last week, in one of the company's broadest global responses to currency fluctuations in recent years.

Russians' reality: Foreign exchange woes hit mortgages

When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son.

Pure breath of fresh air refers to big money

Bengt Rittri, founder and CEO of Swedish air purifier manufacturer Blueair AB, says he is often asked by Chinese customers why a man in Stockholm, Sweden, one of the cleanest cities in Europe, would decide to make air purifiers.

Report: Nation vulnerable to climate change

China will face rising temperatures and more extreme weather conditions such as large-scale drought and flooding this year, and sea levels will continue to rise due to the impact of climate change, according to a new report.

Aging societies need new strategies

Much has been written about the impact of Japan's aging population on its economy. But many emerging markets - including China and South Korea - need to brace for some similar issues.

Beware of the risks before going ahead with plans

China put forward two major initiatives to promote trade with its neighbors: the Silk Road Economic Belt and the 21st Century Maritime Silk Road (known in short as the Belt and Road Initiative) and the $40 billion Silk Road Fund.