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  • Editor’s Picks / 01 June 2016 at 1:14 GMT

    Microsoft sells patents to China's Xiaomi as part of long-term deal

    Nikkei Asian Review
    Microsoft Corp is selling about 1,500 of its patents to Chinese device maker Xiaomi, a rare departure for the US company and part of what the two companies say is the start of a long-term partnership. The deal also includes a commitment by Xiaomi to install copies of Microsoft software, including Office and Skype, on its phones and tablets. Analysts said Xiaomi's ambitions to be a major player outside China were hampered by weak patent protection and a fear of a prolonged legal battle. Jonathan Tinter, corporate vice president at Microsoft, said the company was keen to tap into Xiaomi's young, affluent and educated users by having its products pre-installed on their devices.
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  • Editor’s Picks / 10 July 2015 at 2:32 GMT

    BRICS make defiant pledge to rival the West

    Nikkei Asian Review
    The leaders of five major emerging nations vowed to enhance economic and political cooperation in a meeting held in Russia on Thursday, delivering a defiant pledge to become a global presence rivaling Western powers. The BRICS nations should work together to elevate the status of emerging countries, China's President Xi Jinping told the meeting. The group, which comprises Brazil, Russia, India, China and South Africa, adopted the Ufa Declaration, outlining 77 steps toward closer partnership. In it, the five nations expressed frustration over stalled IMF reforms, which has met resistance from the US Congress.
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    4y
    JohnJohn123 JohnJohn123
    This comment has been redacted
  • Editor’s Picks / 16 June 2015 at 3:10 GMT

    Asia push behind Buffett's IAG move downunder

    The Guardian
    Warren Buffett is buying a large stake in Insurance Australia Group in a 10-year partnership with his Berkshire Hathaway empire. Buffett, the world’s third richest person, will take a 20% share of IAG premiums and claims. He said the IAG deal would provide a springboard into Asia for Berkshire Hathaway. IAG has joint ventures and stakes in insurers in China, Vietnam, India, Malaysia, Thailand and Indonesia. “Our strategic partnership with IAG will help fast-track our entry into this region,” Buffett said in a statement. Shares in ASX-listed IAG jumped more than 5% at the start of trading on Tuesday.
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  • Trade view / 24 March 2015 at 1:58 GMT
    Strategic trade

    Qihoo targets Xiaomi with new operating system

    China Watcher / Shanghai
    China
    Qihoo announced a $400m investment in Coolpad late last year, and the firm has released further details of the new joint venture, including the launch of a new Android-based operating system called AK47. Qihoo is actively targeting Xiaomi with its new smartphones, and given its technological ability and security reputation, it is in a very strong position to do so.
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  • Trade view / 17 March 2015 at 1:48 GMT
    Strategic trade

    Qihoo gets moving with its mobile education

    China Watcher / Shanghai
    China
    Qihoo has formed a joint venture with leading online education firm Xueda, targeting parents and children through their 360 Kids Guard. The educational offering should be attractive to this new user base demographic, and should act as a strong rival to the Tencent and New Oriental Education partnership.
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  • Trade view / 18 December 2014 at 5:18 GMT
    Strategic trade

    Qihoo forms joint venture with Coolpad

    China Watcher / Shanghai
    China
    Qihoo announced that it had partnered with domestic smartphone manufacturer Coolpad to market phones with its software. This has the potential to be a strong driver of long-term growth, but after Tuesday’s announcement, short-term investors concerned about falling oil prices sent the share price down 6.9%. This makes the trade opportunity more attractive.
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    4y
    oko-pavel oko-pavel
    Сапунов Андрей с 10 июня 2014 наблюдаю за вашей торговлей в проекте "Реактивный Трейдинг" - хотелось бы понять, как такой опытный трейдер имеет просадку 65.25% результат -49.12%...
  • Editor’s Picks / 10 December 2014 at 23:22 GMT

    Former Opec member Indonesia to boost oil output

    Nikkei Asian Review
    Pertamina, the state-owned Indonesian energy company, is planning a $25 billion boost to refining capacity, along with global partners Saudi Aramco, China's Sinopec and Japan's JX Nippon Oil & Energy Corporation. The plan involves expanding existing refineries and buildling new ones in Java, the most populous island, as well as in Riau on the island of Sumatra, and the remote resource-rich island of Kalimantan. In the first stage of the bold expansion, Pertamina will double oil production to 1.6 million barrels per day by 2019. Pertamina's expanion will help Indonesia to meet market demand and slash imports. Indonesia was formerly a member of Opec, but left in 2009, as it was no longer a net exporter of oil.
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