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Edition: CHINAASIAUSAEUROPEAFRICA

China sets up gold fund for Silk Road countries

The fund, led by Shanghai Gold Exchange, is expected to raise an estimated 100 billion yuan in three phases.

Transoceanic rail link to be studied

China, Brazil and Peru have agreed to study the feasibility of a transoceanic railroad linking Peru and Brazil.

Cross-Strait affairs chiefs meet

During his visit to Kinmen, Chinese mainland's Taiwan affairs chief will also talk to people from all walks of life.

HP seals joint venture with Tsinghua

The US-based tech giant is eyeing more govt procurement deals in China after a joint venture with Tsinghua University.

Mutual funds to spread wings

Cross-border sales of mutual funds between the Chinese mainland and Hong Kong will start on...

Beijing protests 'dangerous' encounter

China said actions by the United States in the South China Sea were "irresponsible and dang...

China-led AIIB agrees on charter

China is likely to take a 25-30% stake in the US$100 billion AIIB, and India is likely to b...

China stocks at 7-year high

The Shanghai Composite Index soared 2.83% to close at 4,657.6 as investors pinned hopes on ...

Opinion

Democratization takes time

The reforms will offer 5 million voters the opportunity to choose between different candidates, and also help nurture a culture...

Hong Kong’s children need other meaningful education experiences

When the World Education Forum opens on May 19 it will be presented with the latest results from the Organization for OECD’s Pr...

Let’s get real about our schools and innovation

Come on, get off your high horse and get real, Economic Cooperation and Development (OECD).

SAR needs an effective renewable energy policy

The government consultation document contained substantial discussions on the use of renewable energy in the SAR.

The opposition camp appears increasingly likely to disintegrate

Zhang Rongshun told people in Hong Kong to back the SAR government’s proposals on the Chief Executive election by universal suffrage.

Nation

China, Peru agree to study transcontinental rail link

Leaders of the two countries also signed 10 agreements on investment, transportation, hydropower development etc.

Cross-Strait affairs chiefs meet

During his visit to Kinmen, the Chinese mainland's Taiwan affairs chief will also talk to people from all walks of life.

At least 7 killed in Hunan bus accident

At least seven people were killed after a bus carrying more than 50 passengers collided with a road barrier in Xinning.

Record rainfall in South China

Rainstorms that have battered large parts of South China since May 4 have broken a 40-year rainfall record.

Hangzhou: The way to China's new economy

Signs that China's reforms may be paying off have sprung up in the eastern coastal city of Hangzhou.

China telecom giants care for Colombia's poor

By connecting Colombians with the world, Chinese telecom firms are doing a great job in faciliating the Colombian government's anti-poverty drive.

All the king's horses

Pedigree steeds have been the backbone of China's "horse country" for thousands of years, and now the far-western area is planning to use its most famous asset to improve the lives of its nomadic residents.

HK

Beijing officials to meet HK lawmakers on reform

Local lawmakers will be invited to meet with Beijing officials on the SAR’s constitutional reform next Sunday.

Mutual funds to spread wings

Cross-border sales of mutual funds between the Chinese mainland and Hong Kong will start on July 1.

Control point opening may suffer further delays

The opening for Liantang control point, which will connect Hong Kong and Shenzhen, may be delayed further.

Textile, garment industry supports reform

Three quarters of members of the textile and garment industry support the government’s electoral reform plans, a poll shows.

Focus HK

A share of the action

International fund house managers and finance scholars are divided on whether the Hong Kong equity market is in the grip of an “A-sharization” trend, but united in warning of increased volatility.

Veggie-terranean

The newly re-vamped Post 97 offers great choices to all.

Giddying up the bamboo tower

Begun as a ritual worship to ward off the plague and pirates, the Cheung Chau Bun Festival today draws more tourists than it can contain. A preview of the big event on May 25.

Asia

Myanmar finds 200 Bangladeshis in boat

The western Myanmar state of Rakhine said the boat was from Thailand and the plan was to send the migrants back.

Abe's wife visits Japanese war shrine

Japan's first lady has visited the Yasukuni shrine honoring the country's war dead, including convicted war criminals.

Insurgents in Syria seize hospital from army

Insurgents on Friday seized a hospital from Syrian government forces who had been besieged there since late April, the Syrian Observatory for Human Rights said.

'Nut rage': Court frees ex-Korean Air exec

Former Korean Air Lines executive Heather Cho walked free after nearly five months in prison.

Changing matrix

Chinese investment soars in Australia as both countries seek a 'new normal’ in growth.

A ‘positive signal’ for closer ties

Sino-Indian relations take center stage as Modi’s visit sees call to work as partners, not competitors.

Asia Weekly

Business

China sets up gold fund for Silk Road countries

The fund, led by Shanghai Gold Exchange, is expected to raise an estimated 100 billion yuan (US$16.1 billion) in three phases.

HP eyes more govt deals after Tsinghua JV

The US-based tech giant is confident of clinching more government procurement deals in China after a joint venture with Tsinghua University.

AIIB agrees on charter

China is likely to take a 25-30% stake in the US$100 billion AIIB, and India is likely to be the second-largest shareholder.

Eye on Asia

Bread sparks Indonesia wheat-buying surge

For an increasing number of Indonesians, rice and noodles are no longer at the top of the menu. Bread is becoming a new food staple.

Heritage sites under IS control

The ruins of Palmyra have become the latest archaeological site to fall into the hands of the militant group.

Rohingya crisis shows ASEAN's fault lines

The crisis is among the 10-nation group's biggest tests since the Vietnam War.

Sport

Juventus celebrate league and cup double

Juventus beat Napoli 3-1 in Serie A on Saturday as it celebrated winning the double of the Italian league and cup in a party atmosphere in Turin.

Hawks fall 94-82 to Cavaliers, trail 2-0 in series

After using team play to overcome their lack of a true superstar all season, the Hawks look outmatched against LeBron James and the Cavaliers.

Thiem wins 1st career title

Dominic Thiem held his nerves to win his first ATP tour title on Saturday.

Reel impact

Festival director puts his mark on Tokyo film event with an injection of animation and more focus on domestic fare.

A taste for better ties

Tycoon behind top-selling snack brand inspires factory workers and presidents in his mission to improve Sino-Philippine relations.

Mothers: Israel’s secret weapon

Godfather of nation's high-tech industry reveals the matriarchal pressures that drove him to achieve success as an entrepreneur.

Life Style

Jackie Chan launches film and television academy

Jackie Chan has the new title of dean after launching his first school, the Jackie Chan Film and Television Academy, in Wuhan.

Birthday celebrations start for aging panda star

China on Friday kicked off a host of birthday celebrations for aging female panda Basi, who will turn 35 years old in November, the age-equivalent of a 100-year-old human.

Quirky News

Hokkaido melons fetch US$12,000 at auction

A pair of melons grew in Yubari city of Hokkaido hit 1.5 million yen at auction - the 4th highest over the past 10 years.

Grow up!

A young black bear has been a backyard spectacle in a central Louisiana neighborhood in the US.

'Childish' Abbott

The government in Australia's Victoria state has accused Prime Minister Tony Abbott of "childish" tactics.

Video

Buddy needs a home

Kirsten's Zoo is a charity for dogs and cats run by a British citizen in Hong Kong, is organizing a regular cat adoption event on the third Sunday of every month to help cats and kittens look for new homes.

Expert calls for protection for retirees

Nelson Chow, who wrote the latest retirement protection report, believes the introduction of a universal pension scheme will improve the government’s popularity, Joseph Li writes

Strike a balance in standard working hours

It is too early to talk about standard working hour legislation, said chairman of the Standard Working Hours Committee Leong Che-hung.

Special

The human factor

John Malpas, president of HKU’s Centennial College, has introduced a couple of inter-disciplinary programs with a view to breaking fresh ground in management education.

Roundtable

Diversity poses challenge to further regional integration

Spotlight turns on issues including security and culture as ASEAN common market looms in pivotal year for group.

Keeping movie goals within reach is key

Forum hears how regional productions must set sights on success in neighboring markets before eyeing Hollywood.