China-Vietnam border private currency trading expected to end
Nanning – China established a currency trading center on the China-Vietnam border on Saturday that many say will help end rampant illegal private currency trading. The ASEAN (Association of Southeast Asian Nations) Currency Business Center, initiated by the Agricultural Bank of … Continue reading China-Vietnam border private currency trading expected to end
Japan to waive visas for Indonesian, Filipino and Vietnamese travelers
Tokio – The government and the ruling coalition are making arrangements to waive visas for tourists from the Philippines, Indonesia and Vietnam as one of the initiatives in a revised action plan due out in June to make Japan a … Continue reading Japan to waive visas for Indonesian, Filipino and Vietnamese travelers
Beijing Autoshow: All Buzz about Electric Cars
Beijing – At the Beijing Autoshow many carmakers are showcasing their latest electrics, hybrids and in-car connectivity gadgets. The world’s largest auto market – not surprisingly, also has the most competition. Joint ventures, imports, domestics – all trying to win market … Continue reading Beijing Autoshow: All Buzz about Electric Cars
Chinese premier meets German vice chancellor
Beijing – Chinese Premier Li Keqiang met with visiting German Vice Chancellor and Minister for Economic Affairs and Energy Sigmar Gabriel here on Tuesday.Li said President Xi Jinping’s Germany visit in March has promoted bilateral relations and cooperation. Li also welcomed … Continue reading Chinese premier meets German vice chancellor
President Obama on Trip to Asia arrives in Tokyo
Tokyo – President Obama arrived in Tokyo on Wednesday to begin an eight-day tour of Asian allies designed to assure leaders that they have a strong U.S. backup at a time of rising tensions in the region.Obama went directly to his … Continue reading President Obama on Trip to Asia arrives in Tokyo
China: Yuan sets new low against USD
Beijing – The Chinese yuan has hit another new low versus the U.S. dollar since starting its recent depreciation against the greenback in mid-January.The People’s Bank of China set the yuan’s mid point at 6.1610 on Tuesday, 19 bips lower … Continue reading China: Yuan sets new low against USD
Chinese bank launches “Pretty Mom” credit card
Beijing – The Agricultural Bank of China (ABC) issued a new type of credit card on Friday targeting China’s young mothers, a growing group known for their love of shopping and their greater say in the family budget.The cards focus on … Continue reading Chinese bank launches “Pretty Mom” credit card
Death toll rises to 64 in S. Korean ferry accident
Seoul – South Korean officials have said in a daily briefing that the confirmed death toll of the capsized ferry-Sewol, has risen to 64, with 238 people still missing.Officials said there are now 234 ships, together with over 30 planes … Continue reading Death toll rises to 64 in S. Korean ferry accident
China eyes new energy projects for greener development
Beijing – China will launch a number of major projects to restructure its energy layout and achieve a greener development with cleaner energy.China will push forward reform in energy production and consumption, and make energy use greener, said Premier Li Keqiang … Continue reading China eyes new energy projects for greener development
ASEAN: No timeframe for South China Sea code of conduct
Chonburi, Thailand – The drafting of the South China Sea code of conduct (COC) is a working process without a timeframe, the director-general of the ASEAN Affairs Department of Thailand’s Ministry of Foreign Affairs told Xinhua Monday.“We need to use … Continue reading ASEAN: No timeframe for South China Sea code of conduct