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Business 06 May 2019 | 4:18 AM

China stocks, yuan tumble on Trump’s fresh trade threats

SHANGHAI: Chinese investors, caught off guard by U.S. President Donald Trump’s tariff threats, dumped stocks and sold the country’s yuan on Monday as a fresh deterioration in Sino-U.S. trade tensions roiled Asian financial markets.

Business 19 Apr 2019 | 6:58 AM

Daim suggests special division to handle ECRL investments

KUALA LUMPUR: A special division should be established to smoothen and facilitate investments for the East Coast Rail Link (ECRL) project from China and domestic sources, says Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin.

Business 19 Apr 2019 | 12:00 AM

ECRL to boost China investments

KUALA LUMPUR: Malaysia can expect an influx of investments from China and higher sales of palm oil to China this year following the revival of the East Coast Rail Link (ECRL) project, according to Chinese Ambassador Bai Tian.

Business 17 Apr 2019 | 12:00 AM

Vancouver college kids living like kings

TORONTO: Isaiah Boodhoo, 22, thought it was a “complete hoax” when he saw a rental listing on Facebook for a bedroom in a Vancouver mansion for only C$1,100 (US$825) a month.

Business 10 Apr 2019 | 12:00 AM

China property investors shift focus from Vancouver to Toronto

TORONTO: Chinese investment in Vancouver commercial property from companies such as Anbang Insurance Group Co has slumped amid a flood of regulations, with investors looking to Toronto instead.

Business 06 Apr 2019 | 12:00 AM

When looking east means China

A trip to watch cherry blossoms in Japan requires precision planning with loads of good luck. The unpredictability as to when the cherry tree will blossom in spring has made planning for the trip much more difficult, as the cherry blossom lasts for only two weeks in a year.

Business 04 Apr 2019 | 12:00 AM

China drafts rules for ‘Belt and Road’ projects

BEIJING: China is drafting rules for overseas investments to be considered part of President Xi Jinping’s Belt and Road Initiative, according to people familiar with the matter, marking the first attempt to better define his signature policy.

Business 02 Apr 2019 | 3:12 AM

Xi fails to calm Europe as Juncker takes another swipe at China

BRUSSELS: European Commission President Jean-Claude Juncker stepped up his criticism of Chinese trade practices just days after President Xi Jinping sought to soothe European concerns in Paris.

Business 19 Feb 2019 | 1:17 PM

Malaysia nearing deal with China to revive scrapped ECRL, reports Bloomberg

KUALA LUMPUR (Bloomberg): Malaysia is making progress in talks with China to revive a high-speed rail project that Prime Minister Tun Dr Mahathir Mohamad's government said it would cancel, according to Foreign Minister Datuk Saifuddin Abdullah.

Economy 15 Feb 2019 | 6:13 AM

China could use medical data to blackmail Americans, report says

HONG KONG: Chinese investment in the U.S. biotechnology industry presents a risk to national security, potentially giving China’s government access to patient data that could be used to blackmail Americans, according to a report for a Congressional advisory commission.