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Overseas casinos clean up despite China's cash curbs

Photo

SAIPAN For evidence of the odds stacked against China's battle to stop the flight of cash battering its currency and draining its reserves, look no further than the tiny Pacific island of Saipan, which has hit the jackpot with a flood of Chinese money at its new casino. | Video

China Great Wall, seeking IPO, enters 'new era' as a joint-stock firm

BEIJING China Great Wall Asset Management Co officially launched as a restructured joint-stock firm on Sunday, with an eye towards a market listing and a bigger role in tackling China's mounting bad debt.

Deals, 2:38am EST

China puts temporary ban on North Korean coal imports

BEIJING China's Commerce Ministry said it will put a temporary ban on imports of North Korean coal as part of a U.N. Security Council resolution meant to deter Pyongyang from pursuing its nuclear weapons program.

Ping An's overseas investments impacted by China's capital outflow crackdown-CFO

Ping An Insurance Group Co of China Ltd, the country's second-largest insurer, has seen some of its overseas investments impacted by Beijing's measures to stem capital outflows, its group chief financial officer (CFO) said on Friday.

Deals, Dec 09 2016

Trump packs trade team with veterans of steel wars with China

WASHINGTON President-elect Donald Trump is stacking his trade transition team with veterans of the U.S. steel industry's battles with China, signaling a potentially more aggressive approach to U.S. complaints of unfair Chinese subsidies for its exports and barriers to imports.

Politics, Election 2016 Dec 09 2016

Bolton says Trump moves could signal 'different,' tougher, China line

WASHINGTON One of Donald Trump's possible picks for secretary of state said on Friday that the president-elect's criticisms of China and phone call with Taiwan's president could signal a "different" relationship with Beijing and a tougher line on issues from trade to the South China Sea.

Politics, Election 2016, Dec 09 2016

U.N. council meets on North Korea human rights despite China opposition

UNITED NATIONS The United Nations Security Council discussed on Friday what a senior U.N. official described as "appalling human rights violations" in North Korea, despite a failed attempt by China to stop the third annual meeting on the issue.

EU upsets China with new steel price investigation

BRUSSELS The European Union has launched a new investigation into whether Chinese manufacturers are selling steel into Europe at unfairly low prices, angering China which says Europe's steel problems are due to the region's own economic weakness.

Dec 09 2016

Tag Heuer bucks downturn, expands in China: CEO

PARIS Tag Heuer's renaissance is far from over, its chief executive told Reuters, adding the high-end watch brand still had room to expand in China and other markets after some of the strongest sales growth in the industry this year.

Dec 09 2016

E.U. 'extremely troubled' by 'deterioration' of China's human rights

BEIJING The European Union (EU) is "extremely troubled" by the human rights situation in China and has called for the immediate release of wrongly detained individuals, it said on Friday.

World, United Nations Dec 09 2016