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Tag

//Beijing
off

No worries about capital outflow: Chinese regulator

The yuan versus the US dollar has substantially depreciated since August, and China still maintains a large trade surplus and its economic fundamentals are still sound, he said. The nation has stepped up monitoring of the currency market and there are no massive capital outflows...
Posted On Sep 17 2015
, By David Lee
off

China’s fiscal revenue growth plummets

Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to use their budget allocations, Reuters reported on Monday, quoting sources.
Posted On Sep 16 2015
, By David Lee
off

Dow Jones Industrial Average Staggers to a 272-Point Loss

It wasn’t like USA markets were in flawless shape before China’s spooked them.
Posted On Sep 07 2015
, By David Lee
off

President Xi Jinping’s military reshuffle in China centralises power

China hosted a spectacular display of its armed forces Thursday at the parade, which celebrated the 70th anniversary of Japan’s surrender in World War II, a war that cost tens of millions of Chinese lives.
Posted On Sep 07 2015
, By Brain Carroll
off

Putin urges investors to invest in Russia’s Far East

As Russia’s economy stutters, buffeted by cheap oil and Western sanctions imposed over the Ukraine crisis, Putin is turning his attention to the country’s Far East region where he hopes Asian money can generate some much-needed prosperity.
Posted On Sep 06 2015
, By Brain Carroll
off

Japan ‘disappointed’ by Chinese premier’s speech

The various ballistic missiles displayed by mainland China at a massive military parade commemorating the 70th anniversary of Japan’s World War II defeat fully demonstrated Beijing’s strategic ambitions, experts said Thursday. In his speech on the occasion, President...
Posted On Sep 06 2015
, By Tina Kim
off

Tens Of Thousands Of Japanese Protest Against ‘War Law’

Similar rallies were held across Japan, with around 25,000 gathering in a park in the western city of Osaka, according to the organizer.
Posted On Sep 05 2015
, By David Lee
off

North Korea warned not to attack South Korea

South Korean President Park Geun-hye’s certification scores surged following the deal, that most South Korean mass media retailers held up for being come out on top for her emotional positioning resistant to the North.
Posted On Sep 05 2015
, By Brain Carroll
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China holds vast WW2 parade amid plan to cut army

Flaunting its strength under such circumstances will naturally intimidate neighboring countries, and China appears aware of that – which is why at the ceremony, Xi pledged to cut military personnel by 300,000 troops and repeatedly mentioned the importance of “peace”.
Posted On Sep 04 2015
, By Brain Carroll
off

Japan `disappointed` by Chinese President Xi Jinping`s WWII speech

Against the backdrop of the largest military parade in modern China, President Xi Jinping announced a troop reduction of 300,000 and pledged peace, reports CBS News correspondent Seth Doane.
Posted On Sep 04 2015
, By Brain Carroll
off

Central bank imposes new capital controls to staunch outflows

During the last week in August, the People’s Bank of China drew the attention of traders worldwide by cutting the benchmark lending rate 0.25 percentage point to 4.6%.
Posted On Sep 03 2015
, By Brain Carroll
off

Russia’s Putin, Venezuela’s Maduro to discuss oil price stabilization

In announcing his statement, commemorating the 70th anniversary of the end of the war, Japanese Prime Minister Shinzo Abe said last month that the issue of whether or not Japan’s action constitutes “aggression” should be “left to discussions of...
Posted On Sep 02 2015
, By Brain Carroll
off

Global shares sell-off gains force as European stocks plunge

The downdraft from China is rattling economies of its trade-reliant Asian neighbours and prompting many Western companies to reduce investments and look for ways to cut costs.
Posted On Aug 31 2015
, By David Lee
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India not to send military contingent to China for multi-national parade

By skipping the event, Western leaders are attempting to signal their displeasure with what they see as Chinese aggression in the East and South China Seas.
Posted On Aug 30 2015
, By Albert Johnson
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Foreign troops from 17 countries train for V-Day parade in Beijing

Park plans to attend a massive military parade in Beijing next week as the neighboring country commemorates the “Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War”.
Posted On Aug 27 2015
, By Brain Carroll
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