The G-20’s upcoming meeting in Brisbane, Australia, comes at a time when a precarious global economy requires big decisions to be made. But it is far from clear who will provide the decisive voice needed to set a bold agenda – and then shepherd its implementation.
2014-09-16
With the spread of ethnic and sectarian violence in Iraq, Iran’s image as an island of stability in a conflict-ridden Middle East may prove to be short-lived. Its government now faces serious questions over its Iraq policy, which could eventually threaten Iran’s own national security.
2014-09-16
Ropes & Gray has hired Patrick S. Sinclair as a Hong Kong-based partner in its government enforcement group, as the U.S. law firm sees continued U.S. investigations on business fraud in Asia, says a company announcement. Sinclair, 38, is a veteran federal prosecutor who played a key role in the Eastern District of New York’s […]
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2014-09-16
China's weak August economic activity data will prompt Beijing to significantly step up stimulus efforts in response, but the weakness will continue a while before any potential improvement, says a report by BofA Merrill Lynch Global Research. China's August industrial production, retail sales and year-to-date fixed asset investment fell to 6.9%, 11.9% and 16.5% year-on-year […]
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2014-09-16
Liberal democracies face challenge as alleged fugitives flee from China amid President Xi Jinping’s widening anti-corruption campaign
2014-09-16
The removal of the RMB conversion cap imposed on Hong Kong residents and the establishment of Bank of China's Paris branch as the official RMB clearing bank are steps forward on the path of the Chinese currency's internationalization process, says a report issued by the Australia and New Zealand Banking Group Limited (ANZ). The Hong […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-16
It is unclear whether that probe was conducted inside New Zealand or from China, but investigators have requested permission to interview people in NZ
2014-09-16
The costs of secession are a matter of choice, not of inevitability. If cool heads prevail on all sides, Scottish independence could proceed at a relatively low cost, sparing the successor states, the EU, and other parts of the world considerable insta…
2014-09-16
Chan brothers plan gift to the University of Southern California following $350m Harvard pledge
2014-09-16
The most sobering message from the appointment of the EU's new leadership is that the member states will not suffer anyone who might rock the boat and push integration forward. That might come as a relief for those fearing domination by Brussels, but i…
2014-09-16
BVI companies face ‘torturous’ struggle to open bank accounts in Hong Kong, prompting them to incorporate in other offshore jurisdictions
2014-09-16
The California Public Employees’ Retirement System (CalPERS), the largest public pension fund in the U.S. with approximately US$300 billion under management, says it will eliminate its hedge fund program as part of an ongoing effort to reduce complexity and costs in its investment program, according to an announcement. The decision, supported by its investment committee, […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-09-16
Terry Gou, chairman of Hon Hai Group, announced that the company will invest over CNY5 billion in Shanxi to develop the electric car industry. Gou revealed that in 2014, Foxconn's output in Shanxi will surpass CNY60 billion and the company already has 100,000 employees in this province. The company is expected to invest over CNY5 […]