Russia, the world's top oil producer, is reported by Bloomberg to seek Indian or Chinese buyers for a stake of 19.5 percent of its oil giant Rosneft as part of efforts to cover budget deficits and privatize its State-owned sector.
Ingenious Media, a UK company, reached a $200-million deal with the Chinese fund Hejing Culture to form a joint venture to coproduce and cofinance a slate of films, according to the two companies.
Geese don't come much more golden than the City of London.
Buzzwords and catch phrases related to innovation have exploded of late: robotics, big data, cloud computing, internet of things, NEVs, intelligent wearables, augmented reality, live streaming, 3-D printer... I'm convinced man can now do anything and go where no mind has gone before.
Asian investment, including billions of dollars from China, is changing the skyline of downtown Los Angeles. Investors have begun to diversify away from low-risk properties and into sectors such as retail and development projects, expanding their search outside gateway cities.
When the yuan fell to 6.58 to the US dollar, the lowest level in five years, on Friday, it marked the Chinese currency's 1.4 percent depreciation this year.
The theme park business in China saw its biggest event of the year on Thursday when the $5.5-billion Shanghai Disney Resort opened. It is Disney's sixth park worldwide and the largest in Asia, wowing both local and foreign tourists with exotic experiences and Chinese elements.
The five-star Muong Thanh Luxury Nha Trang Hotel in central Vietnam is one of many hotspots for increasing numbers of Chinese tourists who enjoy the hotel's buffet or buying local specialities, including agarwood products and handmade jewelry inlaid with natural pearls.
"Briar" and "Bramble", the popular bear brothers of the Chinese animation program Boonie Bears, are attracting global attention.
China represents "an amazing" opportunity for Adobe Systems Inc to grow, said Paul Robson, president of the company's Asia-Pacific operations.
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