Against a backdrop of tension between Manila and Beijing, the Philippines and the United States began joint military exercises on Monday that will include mock beach invasions along coastlines facing China. The exercises are taking place as a maritime standoff between China and the Philippines continues in the Scarborough Shoal, a disputed string of [...]
In little over six months as China’s top securities watchdog, Guo Shuqing has let loose a flurry of new rules aimed at curbing the insider trading, market manipulation and dodgy disclosures that have hamstrung China’s stock markets even as its economy has grown. But China’s more than 72 million retail investors, who account for [...]
Walt Disney Co. said Monday it will co-produce its next “Iron Man” movie with a Chinese partner in Hollywood’s latest effort to forge closer ties with China’s fast-growing film industry. “Iron Man 3,” starring Robert Downey Jr., Gwyneth Paltrow and Don Cheadle, will begin filming this year, Walt Disney and its Chinese partner DMG [...]
Ex-Wall Street bankers are betting science can exploit opportunities in China's often rumor-driven stock market, with some predicting the quant-driven fund industry to grow by as much as 10-fold to 100 billion yuan within a few short years. Former Goldman Sachs banker Shen Yi is confident his newly-launched 20 million yuan ($3.17 million) quant [...]
China’s civil aviation administration is investigating recent incidents in which airline passengers rushed onto the tarmac at two airports in protest over flight delays, official media said Monday. The Civil Aviation Administration urged airports to do a better job of handling flight delays, especially given the likelihood of more disruptions due to stormy spring [...]
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