Post Tagged with: "China"

China orders foreign banks to hold yuan

China will require foreign financial institutions in the country to hold yuan in reserve, the central bank said Monday as it seeks to stabilise the currency, which has been hit by capital flight…

January 19, 2016 · 0 comments · Business

China growth slides to 25yr low in 2015: AFP survey

China recorded its lowest growth in a quarter of a century in 2015, an AFP survey has forecast, projecting a further slowdown in the world’s second-largest economy this year…

January 18, 2016 · 0 comments · Business

Tokyo investors eye China, ECB meet this week

China’s plunging equity markets and a European Central Bank policy meeting will be key trading cues for Tokyo investors this week, after the Nikkei 225 suffered another volatile week…

January 18, 2016 · 0 comments · Business

China tells Taiwan to abandon independence ‘hallucination’

Taiwan should abandon its ‘hallucinations’ about pushing for independence, as any moves towards it would be a ‘poison’, Chinese state-run media said after a landslide victory for the island’s independence-leaning opposition…

January 17, 2016 · 0 comments · Asia-Pacific, International
The Afghan puzzle

The Afghan puzzle

JUST like Lazarus, there were reasons to believe the Afghan peace process might have stood a chance of being resurrected this past Monday in Islamabad, as four major players — Afghanistan, Pakistan, the US and China — sat together at the same table…

January 17, 2016 · 0 comments · Post Editorial

GE sells appliance business to China’s Haier for $5.4b

US industrial giant General Electric will sell its appliances business to China’s Haier Group for $5.4 billion, it said Friday, in one of the largest Chinese acquisitions of an American firm yet…

January 16, 2016 · 0 comments · Business

Commodity price falls a $160b bonus for China

Slumping prices saved China more than $160 billion on its imports of commodities such as oil, iron ore, coal and copper last year, official figures showed on Wednesday…

January 14, 2016 · 0 comments · Business

Exports of China’s drones soared in 2015

Civilian drones have become another of China’s hot-selling tech products in global markets, with exports accounting for $412 million last year, in a nearly 10-fold increase from the previous year…

January 12, 2016 · 0 comments · Business

EU starts on tricky path towards relaxing China trade defence

The European Union will take the first step on Wednesday towards refashioning its trade ties with Beijing, torn over how to lower its defences to avert Chinese retaliation while protecting key industries against a damaging flood of cheap imports…

January 11, 2016 · 0 comments · Business

Tokyo investors eye China, geopolitical tensions

Tokyo investors will keep a close eye on Chinese markets and geopolitical tensions this week after the benchmark Nikkei index started 2016 with a record losing streak…

January 11, 2016 · 0 comments · Business
China inflation edges up in Dec

China inflation edges up in Dec

China’s consumer inflation barely edged up in December while companies’ factory-gate prices continued to fall, adding to concerns about growing deflation risks in the world’s second-largest economy…

January 10, 2016 · 0 comments · Business

China must end ‘business as usual’ with N Korea: US

The United States called on China to end ‘business as usual’ with its ally North Korea after Pyongyang defied world powers by saying it had tested a hydrogen bomb, while South Korea prepared to retaliate by broadcasting propaganda across the border…

Message apps pose growing risk for China securities regulator

A growing number of China’s retail investors are opening trading accounts on messaging and social media app WeChat, and some institutional investors are even using it to instruct brokers, making it harder for regulators to monitor trades and spot illegal activity, traders and investors told Reuters…

January 9, 2016 · 0 comments · Business

Yen rally fizzles as China moves to stop market turmoil

A recent rally in the yen fizzled on Friday after Chinese authorities moved to stop wild market volatility stoked by concerns about the world’s number two economy, a major driver of global growth…

January 9, 2016 · 0 comments · Business

Mexico fears currency war after China’s yuan move

Mexico warned on Thursday that China’s weakening of the yuan could trigger a global currency war, as the peso hit new lows against the dollar…

January 9, 2016 · 0 comments · Business

NEWSLINE

Authorities in South Sudan have arrested a journalist who criticised the government’s handling of a two-year civil war and whose paper has since been shut down, rights groups and colleagues said Friday…

January 9, 2016 · 0 comments · International, Other World News
Pressure grows on China to rein in North Korea; South launches propaganda barrage

Pressure grows on China to rein in North Korea; South launches propaganda barrage

South Korea unleashed a high-decibel propaganda barrage across its border with North Korea on Friday in retaliation for its nuclear test, while the United States called on China…

January 8, 2016 · 0 comments · Asia-Pacific, International

11 killed in China mine collapse

Authorities in central China say 11 workers trapped underground in a coal mine collapse have died.
Yulin city’s propaganda department says the miners were found Thursday afternoon, a day after the mine in Shaanxi province collapsed…

January 8, 2016 · 0 comments · Asia-Pacific, International

China December forex fall largest ever seen

China’s foreign exchange reserves saw their biggest ever monthly drop in December, falling to a three year low, official figures showed, as the central bank sells dollars to prop up its currency…

January 8, 2016 · 0 comments · Business

NEWSLINE

China has sent an envoy to Saudi Arabia and Iran amid an escalating feud, the foreign ministry said on Thursday, calling on all sides to exercise restraint. Chinese Vice Foreign Minister Zhang Ming was currently in Saudi Arabia…

January 8, 2016 · 0 comments · International, Other World News

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