Singapore unlikely to overtake Switzerland in wealth management

SINGAPORE: Singapore is unlikely to overtake Switzerland as the biggest wealth centre in the world any time soon, but it should strive to play to its strength in world of global finance, Prime Minister Lee Hsien Loong has said.

China to Resume Trading of Treasury Futures After 18-Year Halt

China will resume trading of government bond futures for the first time in 18 years to provide investors with a hedging tool and help boost the fixed-income market.

Pakistan, IMF agree to $5.3 billion bailout

ISLAMABAD (AP) -- Pakistan took a major step toward averting an economic crisis Thursday, reaching an initial deal with the International Monetary Fund on a bailout of at least $5.3 billion to help shore up the country's rapidly diminishing foreign reserves.

India might impose anti-dumping duty on US, China, Malaysia, Taiwan, major importers of solar cells

NEW DELHI: India might impose anti-dumping duty on four major importers of solar cells and modules in the country after listening to the grievances of domestic manufacturers.

China Banks’ Golden Era Fades as Crunch Raises Default Risk

Chinese banks’ valuations are close to their lowest on record as the nation’s interbank funding crisis exacerbated investors’ concern that earnings growth will stall and defaults may surge as the economy slows.

Japan business mood turns positive, BOJ may upgrade econ view

(Reuters) - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey showed, a sign the recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies.

China canal project in Nicaragua has investors

A mysterious Chinese businessman with plans to cut a second canal across Central America said Tuesday that the ambitious project has already attracted some initial investment.