Archive for December 6th, 2016

Turkey wants trade with China, Russia and Iran in local currencies, Erdogan says

06-Dec-2016 Intellasia | Reuters | 6:00 AM

Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government’s [...] » More

EU blames China for WTO environmental trade talks collapse

06-Dec-2016 Intellasia | Reuters | 6:00 AM

Europe’s trade negotiator blamed China on Sunday for scuppering a global environmental trade deal by submitting impossible late demands at World Trade Organisation [...] » More

No price like home: Big spenders reappear in China

06-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s wealthiest shoppers are spending at home again, roused from a three-year slumber by a weaker yuan, lower prices and a crackdown on overseas sales agents – [...] » More

Market bears smell blood as China scrambles to plug capital outflows

06-Dec-2016 Intellasia | Reuters | 6:00 AM

China’s increasingly aggressive measures to clampdown on capital outflows will not have gone unnoticed by US hedge-fund manager Kyle Bass. Bass is famed for his [...] » More

China’s Xi says government to increase environmental inspections

06-Dec-2016 Intellasia | Reuters | 6:00 AM

China will increase environmental inspections and punish polluters, President Xi Jinping said, vowing more effort to tackle the pollution that blights the lives of millions [...] » More

China hopes Trump call with Taiwan leader won’t damage ties

06-Dec-2016 Intellasia | AP | 6:00 AM

China’s foreign minister said Saturday he hopes Beijing’s relations with the US would not be “interfered with or damaged” after President-elect Donald [...] » More

China protests to US after Trump speaks to Taiwan leader

06-Dec-2016 Intellasia | AFP | 6:00 AM

China protested to Washington Saturday after US President-elect Donald Trump broke with decades of foreign policy and spoke with the president of Taiwan. It was not [...] » More

US moves to block Chinese purchase of German tech firm Aixtron

06-Dec-2016 Intellasia | AFP | 6:00 AM

US President Barack Obama moved to block a Chinese company’s purchase of German semiconductor equipment maker Aixtron by rejecting the inclusion of Aixtron’s US [...] » More

Chinese media blame Trump ‘inexperience’ over Taiwan call

06-Dec-2016 Intellasia | AFP | 6:00 AM

Chinese state media said Sunday that US President-elect Donald Trump’s “inexperience” led him to accept a phone call from Taiwan’s leader but warned [...] » More

Trump Steps Up China Rhetoric as Aides Play Down Call With Taiwan

06-Dec-2016 Intellasia | WSJ | 6:00 AM

‘This is not a massive deviation of our policy,’ says incoming White House Chief of Staff Reince Priebus President-elect Donald Trump stepped up his rhetoric [...] » More

EU accuses China of wrecking ‘green’ goods deal

06-Dec-2016 Intellasia | AFP | 6:00 AM

China has scuppered attempts by world trade heavyweights to eliminate or reduce tariffs on a list of environmentally friendly products, the European Union said on Sunday. A [...] » More

Japan’s First Lady Offers Critics a Household Hotline to Abe

06-Dec-2016 Intellasia | Bloomberg | 6:00 AM

With high approval ratings stoking speculation that Shinzo Abe could become Japan’s longest-serving prime minister in recent history, he faces the risk of becoming [...] » More

Psst.. Sony Has a Hit That’s as Big as Pokemon Go in Japan

06-Dec-2016 Intellasia | Bloomberg | 6:00 AM

Nintendo Co. might have scored a hit with the explosive debut of Pokemon Go this year. On its home turf, however, Sony Corp. has quietly dispatched its rival with a popular [...] » More

Silver Spenders Are Propping Up Japan’s Economy

06-Dec-2016 Intellasia | Bloomberg | 6:00 AM

As much of working-age Japan frets about having enough money in old age, the nation’s seniors are increasingly propping up consumer spending, accounting for the little [...] » More

Russia and Japan ‘striving to resolve’ island dispute: Lavrov

Russia and Japan ‘striving to resolve’ island dispute: Lavrov

06-Dec-2016 Intellasia | AFP | 6:00 AM

Russian Foreign minister Sergei Lavrov said Saturday ahead of a visit to Japan by President Vladimir Putin that the countries’ leaders are pushing to end a territorial [...] » More