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04/16/2012

Amid Standoff With China, Philippines Holds War Games With U.S.

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 [...]

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04/16/2012

Securities Czar Aims to Make China’s Markets Respectable

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 [...]

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04/16/2012

Disney making ‘Iron Man 3’ with Chinese partner as Hollywood expands China ties

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 [...]

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04/16/2012

Ex-Wall Street bankers bring science to China’s rocky stock market

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 [...]

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04/16/2012

China’s aviation watchdog probing protests by passengers who rushed onto tarmac

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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