Showing 1 - 9 of 9
China cracks down on 'harmful' financial news
Published on 28/08/2021
» China has begun a two-month campaign to crack down on commercial platforms and social media accounts that post finance-related information that is deemed harmful to its economy.
China tells state firms in Myanmar to evacuate non-essential staff
Published on 17/03/2021
» HONG KONG: China has told its state firms to evacuate non-essential staff from Myanmar after dozens of Chinese-run factories were attacked on the weekend amid rising anti-China sentiment, according to sources within the companies.
Anwar says he’ll succeed Mahathir as Malaysia PM around 2020
Bloomberg News, Published on 18/09/2019
» KUALA LUMPUR: Malaysian ruling party leader Anwar Ibrahim, who cut a deal to become the country’s next prime minister ahead of last year’s election, said he should take power around May 2020.
China's zombie company problem
News, Published on 25/09/2017
» China's latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress next month.
Beijing sets the stage for domestic merger boom
News, Published on 26/07/2017
» China's central planner, the National Development and Reform Commission (NDRC), has set the stage for what could become the biggest theme in China over the next six to 12 months: a surge in domestic mergers and acquisitions that benefits the economy and stock market.
China plans $52.5bn state-enterprise restructuring fund
Reuters, Published on 26/09/2016
» BEIJING - China has launched a 350-billion-yuan ($52.5-billion) restructuring fund as the government pushes 'supply-side' reforms that have included mergers of inefficient state enterprises and laying off workers in struggling sectors such as coal and steel.
China to revamp SOEs as growth sputters
Business, Published on 15/09/2015
» BEIJING: China unveiled details on Sunday of how it would restructure its state-owned enterprises (SOEs), including partial privatisation, as data pointed to a cooling in the world's second-largest economy.
Top China official goes on trial for graft
AFP, Published on 13/04/2015
» BEIJING - China's former state assets chief Jiang Jiemin went on trial for corruption on Monday, one of the highest-ranking figures to fall in the country's much-publicised anti-graft drive and an ally of ex-security chief Zhou Yongkang.
Top Chinese official 'sacked for graft'
AFP, Published on 03/09/2013
» Top Chinese economic official Jiang Jiemin has been sacked as head of the body overseeing state-owned companies for "suspected serious disciplinary violations", the official Xinhua news agency reported Tuesday.