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Japan split on joining AIIB bank, caught between US, China

Japan is split over joining a China-led development bank, concerned about missing out on the rapidly coalescing global movement for the institution while also worried about alienating ally United States and helping bolster rival China, officials said.


Australia signals approval of China-based AIIB; Japan divided

Australia said on Friday there was a lot of merit in the China-led Asian Infrastructure Investment Bank (AIIB) while Japan's finance minister signalled cautious approval of the institution that the United States has warned against.

ChemChina close to Pirelli deal that would trigger buyout offer

China National Chemical Corp (ChemChina) is close to becoming the biggest single shareholder in Pirelli (PECI.MI) in a deal that would trigger a 7 billion euro ($7.5 billion) buyout of the Italian tire company.

China to curb risks from short-term local debt: vice finance minister

China will take steps to rein in possible risks from short-term local government bonds, including converting such bonds into long-term debt, the country's vice finance minister, Zhu Guangyao, said on Saturday.


Latest News

Russian President Vladimir Putin proposed on Friday creating a regional currency union with Belarus and Kazakhstan, Russia's main partners in a union of ex-Soviet states facing growing economic challenges.
Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter.
U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.
Game of Thrones returns a few more weeks on April 2 and Kit Harington provides insights on what to expect. He specifically mentions in an interview that the new season is shocking from fantasy to horror. Also, strong characters are expected to run the show, from Arya Stark to the Mother of Dragons herself.
Talks have circulated for iPhone 6S and iPhone 7’s release after Apple recently revealed the Apple Watch and the Retina MacBook. Several online sources report iPhone 6S and 6S Plus release this year while iPhone 7 is due in 2016.
"American Sniper" star Bradley Cooper, 40, and model Suki Waterhouse, 23, have called it quits after two years of being together, according to reports. The pair, who started dating in March 2013, have yet to confirm the news.
Supermodel Kate Upton, 22, has recently revealed that she now avoids the Internet because it can be “so horrible,” saying today’s social media is no longer amazing and instead “kind of bulls--t.”
“The Voice” former contestant Tess Boyer has appeared to debunk the rumor that she "has vanished," assuring her friends and fans she is “completely fine” and “very safe,” in a Youtube video she posted Tuesday, March 17.
Raven-Symone defended former Univision TV host Rodner Figueroa who was fired last week for his controversial "Planet of the Apes" comment toward U.S. First Lady Michelle Obama.
General Hospital sees a lot of heartbreak this week. Maxie finally admits she is in love with both Nathan and Damien and in the process of choosing between the two, she may break someone’s heart and hers as well. Also, Morgan Corinthos and Kiki Jerome plot a plan to take baby Avery away from Michael Quartermaine.