Archive for December 21st, 2016

Philippine President Duterte: ‘It is not fair’ to blame China for the Philippines’ drug problem

21-Dec-2016 Intellasia | Business Insider | 6:00 AM

Philippine President Rodrigo Duterte’s office, responding to a Reuters report, came to China’s defense on Monday, saying it was unfair to hold Beijing responsible [...]
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China’s Bond Rout Triggers Market Turmoil as Leverage Curbs Bite

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

Leverage, counterparty risks and maturity mismatch. China’s record bull run in bonds had all the signs of a bubble in the making. Loose monetary conditions had fueled a [...]
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Gone in 60 Seconds: Chinese Snap Up Dollars as Yuan Tanks

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

Chinese savers, eager to convert their yuan before the currency keeps depreciating, are snapping up US dollar investment products that offer options for keeping money at home [...]
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Goldman Warns China Outflows Rising in Both Yuan Payments, Forex

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

China’s capital outflows are accelerating and the central bank is selling larger amounts of foreign exchange, Goldman Sachs Group Inc warned as the yuan headed for its [...]
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China Talks the Talk on Property Curbs, but Can it Walk the Walk?

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

China is talking the talk about reining in the speculation that fueled spiralling property prices. The test will be whether it can walk the walk should growth start to [...]
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Alibaba Lawsuit Throws the Spotlight on Fake Reviews

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

A lawsuit filed by Alibaba Group Holding Ltd is shining a light on the fake reviews and purchases on its websites. China’s biggest e-commerce operator sued Shatui.com, [...]
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Outrage Aside, US Has Few Reasons to Escalate Drone Spat

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

For all the outrage after China seized a US naval drone last week, it’s far from clear whether it will herald a new era of confrontation on the high seas between the [...]
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If the US Won’t Pay Its Teachers, China Will

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

Cindy Mi leans forward on a couch in her sun-filled Beijing office to explain how she first got interested in education. She loved English so much as a child that she spent [...]
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China rejects Trump claim it stole US drone

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

China on Monday rejected US President-elect Donald Trump’s claim that it had “stolen” an American research drone, as state media said his diplomatic [...]
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China charges 10 in power plant collapse that killed 74

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

China has charged 10 people over a power plant collapse that killed 74 last month, state media reported Monday, after first detaining 13 in the immediate aftermath of the [...]
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Traders listening for signals from Bank of Japan

21-Dec-2016 Intellasia | CNBC | 6:00 AM

Stocks will likely continue their drift higher Tuesday, while traders keep an eye on international headlines. The only expected major news event is the Bank of Japan’s [...]
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‘Japanese grudges are not helping dialogue with Russia’ – top senator

21-Dec-2016 Intellasia | RT | 6:00 AM

The very fact of a summit between the Russian and Japanese leaders is a major breakthrough, and any policy of ultimatums can only hurt the dialogue between the two nations, [...]
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Putin-Abe Meeting Does Not Please Majority of Japanese

Putin-Abe Meeting Does Not Please Majority of Japanese

21-Dec-2016 Intellasia | Newsweek | 6:00 AM

Japanese prime minister Shinzo Abe has provoked the ire of the majority of his voters over his meeting with Russian President Vladimir Putin, as his own approval ratings [...]
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An Eternal Japan Optimist Says Kuroda ETF Experiment Has Failed

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

Haruhiko Kuroda’s attempt to engineer change at Japan Inc. using exchange-traded funds just isn’t working, says Jesper Koll, a perennial optimist on the [...]
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Japan pulls plug on troubled fast breeder reactor

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

Japan has scrapped plans to generate electricity at a multi billion dollar experimental nuclear reactor, the government said Monday, giving up on the decades-old project due [...]
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