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China’s Xi: financial sector must serve the real economy

FILE PHOTO: Chinese President Xi Jinping speaks during an event to commemorate the 40th anniversary of the “Message to Compatriots in Taiwan” at the Great Hall of the People in Beijing, China January 2, 2019. REUTERS/Mark Schiefelbein/Pool BEIJING (Reuters) – Read more ›

Russian court extends custody of Baring Vostok’s Calvey until April

MOSCOW (Reuters) – A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia’s biggest private equity firms accused of fraud, to be kept in custody until April 13. Founder of the Baring Vostok private equity Read more ›

China stocks climb on trade talk optimism

* .SSEC +0.8 pct, .CSI300 +1.3 pct; .HSI +0.2 pct * U.S. officials in Beijing for fresh talks on trade * Better news expected after wave of profit warnings Hong Kong, Feb 11 (Reuters) – China stocks rose on Monday Read more ›

China, Hong Kong stocks rise on trade relief

* Shanghai index rises 0.8 pct, Hang Sang 1.0 pct higher * U.S. Treasury Secretary Mnuchin weighs lifting tariffs on China – WSJ * China to target 6-6.5 pct GDP growth in 2019 – China Daily SHANGHAI, Jan 18 (Reuters) Read more ›

All the rage: Beijingers vent their stress in 'anger room'

It took Smash customer Qiu Siyu just a few sharp blows with a baseball bat to wreck what looked like an old car radio, after which two friends battered telephones, audio speakers, rice cookers and even a mannequin. Source link

Nissan top exec Munoz resigns amid broadened Ghosn probe

(Reuters) – One of Nissan Motor Co’s (7201.T) top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s alleged financial misconduct. FILE PHOTO: Jose Munoz, Chairman of Nissan North Read more ›

Iran approves anti-money laundering bill to ease foreign trade

LONDON (Reuters) – A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards reforms that would bring Iran into line with global norms and could facilitate foreign trade in the face of Read more ›

Brazil’s police to probe incoming Economy Minister Guedes: report

FILE PHOTO: Economist Paulo Guedes, future economy minister of Brazil’s President-elect Jair Bolsonaro arrives for a meeting in Brasilia, Brazil November 20, 2018. REUTERS/Adriano Machado SAO PAULO (Reuters) – Brazil’s federal police opened an investigation into incoming Economy Minister Paulo Read more ›

DUP says will vote against Brexit deal unless backstop removed

Democratic Unionist Party (DUP) leader Arlene Foster speaks, at the DUP annual party conference in Belfast, Northern Ireland November 24, 2018. REUTERS/Clodagh Kilcoyne DUBLIN (Reuters) – The leader of the small Northern Irish party propping up Prime Minister Theresa May’s Read more ›

Nigeria’s Buhari launches re-election bid with corruption still in focus

ABUJA, Nov 18 (Reuters) – Nigerian President Muhammadu Buhari launched his manifesto on Sunday, hoping his anti-corruption agenda can win him a second term at a Feb. 16 election. Buhari, a military ruler in the early 1980s, in 2015 became Read more ›