Showing 41 - 50 of 69
Finance minister backs policy rate, calls for new growth areas
Business, Published on 06/05/2015
» Baku: The current policy rate of 1.5% is accommodative enough to support economic growth, says Finance Minister Sommai Phasee.
Nepal to seek funds from AIIB to rebuild
Published on 04/05/2015
» BAKU, AZERBAIJAN — Nepal will seek financial help from the Chinese-led Asian Infrastructure Investment Bank (AIIB) to rebuild the nation's infrastructure that was badly damaged by last month's earthquake, Nepal's Finance Minister Ram Sharan Mahat has said.
Asean plus 3 pledge further structural reform
Published on 04/05/2015
» BAKU, AZERBAIJAN — Financial chiefs from the Association of Southeast Asian Nations plus Japan, China and South Korea on Sunday agreed on the need to promote structural reforms to remove bottlenecks to sustainable growth and to be vigilant against risks arising from large capital outflows.
China rejects Taiwan as AIIB founding member
Published on 13/04/2015
» BEIJING/TAIPEI — Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB) but is still welcome to become an ordinary member in the future, the Chinese government said on Monday.
US questions Japan on AIIB stance
Published on 10/04/2015
» TOKYO — The United States has questioned Japan about its possible participation in a Chinese initiative to set up a regional development bank from which both allies have stood aloof, sources familiar with bilateral relations said Friday.
China worries depress stocks as set drifts down
Business, Published on 30/03/2015
» Recap: Asean stocks retreated last week, weighed down by worries over China's economic health after the world's second largest economy reported disappointing manufacturing data. The Thai market succumbed to selling pressure as new data showed the export slump deepening, pushing the main index below 1,500.
China's bank heralds decline of US
News, Published on 24/03/2015
» Some events are epochal. The decision by Great Britain to join the Asian Infrastructure Investment Bank (AIIB) was one such event. It may have heralded the end of the American century and the arrival of the Asian century.
AIIB to complement existing institutions: China
Published on 22/03/2015
» BEIJING - China's finance minister said a proposed Chinese-led Asian regional bank that has raised concerns in Washington will complement rather than compete with established international lenders such as the World Bank, state media reported Saturday.
Woman on a mission
Asia focus, Published on 09/03/2015
» As the number one destination for US investment in Asia and its fourth-largest export market worldwide, Asean has clear economic as well as strategic importance for Washington. The relationship moved to a new level in 2010 when the United States established a permanent mission to the Association of Southeast Asian Nations in Jakarta — separate from the US embassy to Indonesia.
China eyes 2015 AIIB launch
Published on 03/01/2015
» China expected Asian Infrastructure Investment Bank (AIIB) will be operational before the end of 2015, the Chinese Finance Ministry says.