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Korea seeks to join China-led development bank

Korea seeks to join China-led development bank

28-Mar-2015 Intellasia | AFP | 6:00 AM

South Korea announced Thursday it would seek membership of the Chinese-backed Asian Infrastructure Investment Bank (AIIB), despite US opposition to the new multinational [...]
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China to invite foreign forces to join military parade for war anniversary

28-Mar-2015 Intellasia | The Guardian | 6:00 AM

Members of other countries’ armed forces will be welcome to march in parade marking 70 years since Japanese surrender in second world war China’s insular military [...]
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China says probing if more Burma bombs strayed over border

28-Mar-2015 Intellasia | Reuters | 6:00 AM

China’s Defence Ministry said on Thursday that it investigating whether more stray bombs had fallen in Chinese territory during fighting between Myanmar’s [...]
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China raids INGO offices in latest sign of crackdown on dissent

28-Mar-2015 Intellasia | Washington Post | 6:00 AM

Chinese police raided a high-profile nongovernmental organisation this week, taking its computers and financial documents, the group said, the latest action in a growing [...]
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US questions China at WTO on banking technology restrictions

28-Mar-2015 Intellasia | Reuters | 6:00 AM

The United States is concerned about China’s restrictions on the use of foreign information technology equipment by the banking sector, according to a filing published [...]
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Air China sees 14pct rise in 2014 net profit

28-Mar-2015 Intellasia | AFP | 6:00 AM

Air China, the country’s flag carrier, said Thursday that the global economic recovery and falling oil prices helped lift its net profit by 14 percent last year. Net [...]
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London launches Europe’s first yuan money market fund

28-Mar-2015 Intellasia | IB Times | 6:00 AM

The London Stock Exchange has launched a yuan-denominated money market fund, allowing investors direct access to the Chinese interbank lending market. The newly listed [...]
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China’s Hainan Airlines eyes 30-plane Boeing order

28-Mar-2015 Intellasia | AFP | 6:00 AM

China’s Hainan Airlines said on Thursday it is planning to buy 30 Dreamliner aircraft from US giant Boeing – worth almost $8 billion at list prices – as it [...]
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China offers Sri Lanka olive branch and warnings

China offers Sri Lanka olive branch and warnings

28-Mar-2015 Intellasia | AFP | 6:00 AM

President Xi Jinping worked to mend relations with Sri Lanka on Thursday as Chinese state-run media warned the island nation’s new government against shutting off [...]
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Sri Lanka’s Sirisena meets China’s Xi amid new look at ties

Sri Lanka’s Sirisena meets China’s Xi amid new look at ties

28-Mar-2015 Intellasia | AP | 6:00 AM

Sri Lanka’s new president held talks Thursday with Chinese leader Xi Jinping amid a push to recalibrate his predecessor’s strongly pro-China policies and a review [...]
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China’s Xi says miscarriages of justice must be tackled properly

28-Mar-2015 Intellasia | Reuters | 6:00 AM

Miscarriages of justice must be properly tackled or it will damage the country’s efforts to boost the rule of law, state media quoted Chinese President Xi Jinping as [...]
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Another US ally, Korea, seeks to join China-backed AIIB

28-Mar-2015 Intellasia | Reuters | 6:00 AM

South Korea said on Thursday it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank (AIIB), another key US ally joining the China-led [...]
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Oil giant PetroChina’s 2014 net profit slumps 17pct

28-Mar-2015 Intellasia | AFP | 6:00 AM

Chinese energy firm PetroChina said Thursday its net profit slumped 17 percent in 2014 from a year earlier as international crude oil prices plunged in the second half. Net [...]
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US stance against China-led bank ‘embarrassing’: ex-Goldmans exec

28-Mar-2015 Intellasia | AFP | 6:00 AM

Washington’s opposition to a new China-led development bank is “embarrassing” and “idiotic”, a former top Goldman Sachs executive said on [...]
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MOVES-Northern Trust names Michael Wu head of Greater China

28-Mar-2015 Intellasia | Reuters | 6:00 AM

Asset management company Northern Trust Corp appointed Michael Wu to a newly created role of head of its Greater China region. The company also appointed David Burnett as [...]
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