China's ZTE Corporation has signed a TD-LTE wireless cooperation deal with both the China Mobile Research Institute and South Korea's Ministry of Science, ICT and Future Planning. The tripartite memorandum of understanding will cover in-depth cooperation on technologies including TDD/FDD data roaming and VoLTE, addressing possible interconnection and interoperability issues as TD-LTE networks are constructed […]
2015-09-21
Customs officers arrested three passengers at Hong Kong International Airport today after seizing 10kg of rhino horn worth $2 million.
Officers found the contraband in the trio's baggage.
The two men and a woman, aged 30 to 56, had arrived from Johannesburg.
The case has been handed to the Agriculture, Fisheries & Conservation Department for investigation.
2015-09-21
Scepter Partners, a syndicate of sovereign investors and ultra-high net worth families in the Middle East and Asia, says it has received US$14 billion allocation of discretionary assets by its core stakeholders. In an announcement, Scepter Partners says it is interested in direct investment and merchant banking activities in countries including China and Korea. Scepter […]
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2015-09-21
China Media Capital (CMC) and Warner Bros. Entertainment Inc. have agreed to form a joint venture to produce a slate of Chinese language films to distribute around the world. In a joint announcement, the companies say the joint venture, named Flagship Entertainment Group Limited, will be owned 51% by CMC, and 49% held by Warner […]
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2015-09-21
Pan-Asian private equity firm ADV Partners has closed its debut fund at US$545 million, exceeding its original fundraising target of US$500 million. According to information posted on its website and regulatory filings, ADV Opportunities Fund I L.P. raised US$463 million in July. The fund's limited partners include a sovereign wealth fund, a superannuation fund, several […]
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