Hard Money, Soft Standards? Tough Questions for China’s New Bank
Beijing. China scored a diplomatic coup by enticing almost 50 countries including key US allies to join its new development bank, but analysts say authoritarian Beijing now faces a daunting task...
View ArticleChina Follows Silk Road in Search for Land of Fast Growth
A centuries-old template for China’s economic influence may be the best idea the nation’s current-day leaders have for addressing a shortfall in growth. China reported on Wednesday that the economy...
View ArticleAsian Govts Urged to Focus on Long-Term Sustainability in Infrastructure...
Jakarta. Governments across Asia need to place more focus on long-term sustainability instead of short-term costs in their efforts to accelerate infrastructure development in the region, according to...
View ArticleUS Wants No Currency Provision in Pacific Trade Bill
Washington. US President Barack Obama’s administration on Tuesday came out strongly against Democratic proposals to curb currency manipulation as part of a sweeping Pacific trade pact Washington is...
View ArticleEU Looking to Asia to Spur Investment Fund
Hong Kong. The European Union is seeking Asian capital for a multibillion euro investment plan it hopes will create more than a million jobs and revive growth. Through the creation of the European Fund...
View ArticleObama’s Quest for Fast-Track Asia Trade Bill on Ice in US House
Washington. A raging battle over US President Barack Obama’s request for “fast-track” authority central to improving US ties with Asia resumes in the House of Representatives next week when lawmakers...
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Asia Oil Refining Margins Hit 2015 Low, Mideast Supply to Drag
Smokes rises out of chimneys from a Shell oil refinery on Pulau Bukom, 5 kilometers to the south of the main island of Singapore on Jan. 13, 2015. (AFP Photo/Roslan Rahman) Singapore. Rallying oil...
View ArticleCommentary: Asia Needs to Print Cash to Mop Up Oil Slick
Singapore. Asia might need to print new cash to mop up the oil spill. Deflation risks in the region are rising with falling crude prices. Stuffing freshly minted money into the bank accounts of...
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Credit Suisse Asia Chief Eyes Expansion as Regional Profit Doubles
The logo of Swiss bank Credit Suisse is seen at an office building in Zurich in this February 7, 2013 file photo. (Reuters Photo/Arnd Wiegmann) Hong Kong. Credit Suisse Group’s Asia chief on Thursday...
View ArticleMasala Bumbu Sheds Light on Indonesia-India Relations
Jakarta. India and Indonesia. Just the names of these two countries mirror the multitude of similarities they have between them. Both names shares the same ancient Greek root word, Indo. Although not...
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