China continues to step up oversight of its financial system in efforts to rein in threats to market stability. The Shanghai Stock Exchange is zeroing in on any corporate actions that may present financial risks to the market, official state media Xinhua reported Saturday. One particular area of focus is to keep companies from obscuring […]

Chinese state media on Monday stressed the limits of new United Nations sanctions on North Korea, and also slammed the United States for its “arrogance”, saying Washington needed to understand it also has a role in lessening tensions. The United Nations Security Council unanimously imposed new sanctions on North Korea on Saturday that could slash […]

China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said. Under the leadership of Chairman Guo Shuqing, the China Banking Regulatory Commission (CBRC) started the year promising a “windstorm” to […]

A Japanese foreign ministry spokesman on Sunday welcomed tougher U.N. sanctions on North Korea over its missile tests and said it was time to exert more “effective pressure” on Pyongyang rather than to pursue dialogue. “Now is not the time for dialogue but the time to increase effective pressure on North Korea so that they […]

China’s foreign minister said on Sunday new U.N. Security Council sanctions on North Korea were the right response to a series of missile tests, but dialogue was vital to resolve a complex and sensitive issue, now at a “critical juncture”. Wang Yi, in what he described as “very thorough” bilateral talks on Sunday with North […]

Foreign ministers of Southeast Asia and China adopted on Sunday a negotiating framework for a code of conduct in the South China Sea, a move they hailed as progress but seen by critics as tactic to buy China time to consolidate its maritime power. The framework seeks to advance a 2002 Declaration of Conduct (DOC) […]

Southeast Asian foreign ministers expressed grave concern on Saturday about rising tensions on the Korean peninsula stemming from long-range missile tests by North Korea that “seriously threaten” global peace and security. Taking a stronger tone than it has previously on the standoff, the Association of South East Asian Nations (ASEAN) called for North Korea to […]

North Korea has criticized Washington’s decision to ban U.S. passport holders from visiting the North, with state media describing it on Friday as a “sordid” attempt to limit human exchanges. The North’s KCNA news agency, citing an unidentified spokesman for the foreign ministry, said there was no reason for foreigners to feel threatened while in […]

Cryptocurrencies have exploded in popularity in recent years that has led to a red-hot fundraising trend where start-ups bring in millions of dollars in capital by issuing virtual tokens to investors in exchange for money. Initial coin offerings (ICOs) have become a primary means of fundraising for projects built on blockchain technology. Companies create and […]

The prime minister of Cambodia, a country whose uneasy relationship with the United States has involved war, refugee emigration and years of on-off political tension, says he does not want his U.S.-born grandchild to have an American passport. Hun Sen, whose country was the site of one of the 20th century’s most terrible genocides, says […]