6 get jail terms in loan scandal

The particular Central Criminal Courtroom for Corruption plus Misconduct Cases last night sentenced a former executive of real estate developer Krisdamahanakorn and 5 others to two decades in jail each for money laundering regarding the Krungthai Financial institution (KTB) loan scandal.Continue Reading

US-Taiwan trade deal talks defy China’s warning

The United States plus Taiwan have introduced they will begin industry deal negotiations this fall, the latest move to stoke Bejing’ s i9000 ire after top-level US congressional trips to the self-governing isle. China’s Foreign Ministry spokesperson Wang Wenbin said Thursday (August 18) that The far east has always been against any country negotiating financial and trade agreements of […]

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Beijing’s Li talks reform with bond market push

TOKYO – As China scrambles to stimulate growth, it’s comforting to see Chinese Premier Li Keqiang internalizing – apparently – the works of Milton Friedman. How so? By recalling the Nobel Prize-winning economist’s edict that a crisis is a terrible thing to waste. This week, Li called on local officials in six key provinces to […]

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