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Hanlong insider trading suspect seeks asylum in Hong Kong

A former executive of China's Hanlong Mining, who is wanted in Australia for insider trading, is seeking asylum in Hong Kong, Reuters reports.According to the report, Robert Tibbo, the lawyer...

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Japan PM Abe won't change apology

Japanese Prime Minister Shinzo Abe says his government will not revise a landmark 1993 "comfort women" apology, and says he has been "deeply pained" by the suffering of women drawn into a system of...

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Alibaba set to opt for US listing

Chinese e-commerce giant Alibaba is “95 per cent certain” to choose New York over Hong Kong for its initial public offering, according to the Financial Times citing a number of sources close to the...

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China keen for FTA with Aust

Every Australian household is more than $13,000 better off thanks to trade with China, the country's ambassador to Australia says."Each year trade with China benefits Australian households in income...

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China's Weibo files for IPO in US

Weibo, the Chinese microblogging service often compared with Twitter, has filed for a US stock offering seeking to raise $US500 million ($A555.71 million).The move will allow the popular...

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China eases exchange rate controls

China has announced it will ease exchange rate controls that have been criticised by Washington and other trading partners as part of reforms aimed at making its economy more efficient.The band in...

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China doubles yuan trading band

China's central bank has doubled the yuan's trading band to two per cent, loosening its grip on the currency and underscoring efforts to accelerate exchange-rate reforms.The move will take effect on...

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Alibaba, Weibo prep for IPOs in US

Two of China's biggest Internet companies are moving to cash in on the red-hot US market for new issues.E-commerce giant Alibaba Group Holding is preparing for a US initial public offering, according...

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Govt mulls allowing more Chinese workers: report

The federal government is considering changing the skilled migration program to allow more Chinese workers into Australia in a major concession aimed at clinching a free-trade deal with China, reports...

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China strengthens role as arms supplier

China has gained further ground as a global arms supplier and India kept its spot as the world's leading arms importer, a Swedish-based research institute says.India's 2009-2013 imports stood at 14 per...

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China to raise urban residents to 60%

Beijing intends to raise the number of urban residents to 60 per cent by 2020.China will build more railways to help to raise the proportion of urban residents to 60 per cent of the total population by...

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Govt reviewing foreign property investment

Federal Parliament's House Economics Committee is examining the laws governing foreign investment following community concern over a rise in Chinese property investment.According to a report in The...

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ANZ's Smith backs FTA with China

Australia and New Zealand Banking Group chief executive officer Mike Smith has called for the quick establishment of a free trade agreement with China, saying it would benefit domestic business."From a...

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Govt called on to encourage Chinese money

The Australia China Business Council met with a number of ministers in Canberra on Monday, including Prime Minister Tony Abbott, who will lead a trade delegation to China in mid-April.The council's...

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Wider yuan band is no quick fix for the Aussie

CurrencyForeign CurrencyJim VrondasOver the weekend the People's Bank of China announced a widening of the allowable daily trading range for the Yuan from 1 per cent to 2 per cent.This is the third...

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UDP boss targets Chinese market

The Hong Kong entrepreneur who now controls Australia's largest privately owned milk processing company, United Dairy Power (UDP), wants to use it as a springboard to break into the...

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Xi, Obama to meet at nuclear summit

Chinese President Xi Jinping and US President Barack Obama will hold a bilateral meeting on the sidelines of the Nuclear Security Summit (NSS) in the Netherlands next week, China's foreign ministry...

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The next crisis will test the lucky country

Business SpectatorEconomyCallam PickeringIt’s been seven years since the onset of the global financial crisis and five and a half years since the collapse of Lehman Brothers brought the world’s...

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China's Giant Interactive to go private

New York-listed Chinese online game developer Giant Interactive says it has agreed to be taken private by its parent, backed by a consortium which will fund the $US3 billion ($A3.36 billion)...

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The long march to an Australia-China FTA

EconomyChinaPeter CaiPortrait of the late Communist leader Mao Zedong is reflected and distorted in a bus window as the bus drives past Tiananmen Square near the Great Hall of the People where sessions...

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