Business Finance

Richard Berman's Energy Industry Speech Advocating Underhanded Tactics Secretly Taped

Christl Leong   | Oct 31, 2014 07:18 AM EDT

Prominent political consultant Richard Berman's speech that offered advice on how to get around anti-oil and gas industry groups through exploitation methods was secretly taped, according to a New York Times report published on Friday. read more

Beijing’s Interests In South China Sea Are Beyond Territorial -- Report

Kristina Fernandez   | Oct 29, 2014 04:59 AM EDT

China’s territorial disputes with its maritime neighbors over the South China Sea is not at all just about regional supremacy, but about oil and natural gas reserves as well, claims a story published by The New York Times Tuesday. read more

Economic Pain In Iran Pushes Nuclear Talks

Rubi Valdez   | Oct 29, 2014 03:47 AM EDT

With depleting oil prices, Iran is not in the brightest position to negotiate further its current nuclear standoff against Western nations. The United States and European Union present a greater deal of oil subsidy in exchange of Iran's uranium-enriched bombs. read more

China Opens Yuan-SG Dollar Trade

Danielle Austria   | Oct 28, 2014 07:16 AM EDT

In an effort to further economic ties, China and Singapore will begin exchanging currencies in the interbank market on Tuesday (October 28). read more

China’s Xi Calls For Expansion Of Shanghai FTZ Scheme

Bianca Ortega   | Oct 28, 2014 05:18 AM EDT

Chinese President Xi Jinping on Monday called for the expansion of the Shanghai Pilot Free Trade Zone (Shanghai FTZ) scheme across the country the soonest possible time. read more

Li Keqiang Says China’s Economy Will Endure, Growth Rate Not Only Factor

Christl Leong   | Oct 13, 2014 03:44 AM EDT

Chinese Premier Li Keqiang vowed Saturday that the Chinese economy will endure and avoid a hard landing as he sought to allay fears over the country's slowing economy. read more

Hong Kong’s CY Leung Faces Bribery Allegations Over £4 Million Secret Payout

Christl Leong   | Oct 10, 2014 03:00 AM EDT

Hong Kong chief executive Leung Chun-ying has found himself in hot water after it was revealed he received a £4 million secret payout from Australian firm UGL in exchange for backing its Asian ventures. read more

IMF Lowers Global Economic Growth Forecast for 3rd Time This Year

Rubi Valdez   | Oct 08, 2014 10:33 AM EDT

The International Monetary Fund (IMF) announced Tuesday that the global economic growth has declined for the third time this year bearing more downside risks and uneven recovery compared to last spring. read more

World Bank Cuts China Growth Forecast, Explains Economic Slowdown Not A Weak Point

Rubi Valdez   | Oct 07, 2014 04:35 AM EDT

The World Bank forecasts Monday a slight decrease in China's overall economic growth by 7.4 percent (2014), 7.2 percent (2015), and 7.1 percent (2016) as the country is currently undergoing financial and structural reforms read more

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