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  • WORLD

    China pushes ahead with regional bank

    Bloomberg News, Published on 24/10/2014

    » BEIJING - China pushed ahead with the creation of its proposed US$50-billion Asia regional bank by signing a memorandum on Friday with 21 countries, which did not include South Korea, Australia and Indonesia.

  • WORLD

    Myanmar likely to sell bonds

    Bloomberg News, Published on 24/10/2014

    » JAKARTA/KUALA LUMPUR — Myanmar’s licensing of foreign banks brings it a step closer to an initial sovereign bond sale to help fund $80 billion of power, transport and technology projects through 2030, according to the Asian Development Bank.

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