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BUSINESS

AIIB founding members agree on initial capital

Published on 22/05/2015

» SINGAPORE — Chief negotiators from the 57 prospective founding members of the China-led Asian Infrastructure Investment Bank (AIIB) agreed on Friday that the bank's initial capital will be US$100 billion (3.34 trillion baht), according to participants of negotiations held in Singapore.

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BUSINESS

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.