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Bankers hail bond market opening-up

PBOC’s decision greeted as a major first step toward liberalization of the country’s capital account.

White paper on military strategy issued

China issued a white paper on military strategy,stressing the "active defense" guideline and pledging closer security ties.

Nuclear power firm plans biggest IPO

China National Nuclear Power Corp plans to raise US$2.16b in what is expected to be China's largest domestic IPO in 5 years.

China dismisses tension in S China Sea

Defense Ministry spokesperson Yang Yujun labeled recent incidents in the S China Sea as "old tricks".

China to take a global step forward

Membership in the elite reserve-currency club beckons, but it brings with it some obligations.

Economies pushing more trade in RMB

There are more than 60 central banks around the world that invest in the yuan, and China ha...

Offshore yuan centers on the up

In a little more than two years, the number of offshore yuan centers has multiplied, helpin...

China crude oil output rises 1.6 pct

Crude oil output in China reached 69.58 million tonnes in the first four months of 2015.

Opinion

The city should learn from Finland

The example of Finland after World War II and its pragmatic approach to Russia offers important lessons for HK in its relations...

Why property prices still remain high

The Rating and Valuation Department has recently announced that the March price index of private homes was 291.4.

Is IT the devil that is souring Hong Kong society?

Hong Kong has serious problems with a range of social issues that previous generations never had to deal with.

Plan to cut energy consumption is worthy of praise

The Hong Kong government announced on May 14 that it has set a target for cutting energy consumption in the city by 6 percent from 2012...

Let’s get real about our schools and innovation

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

Nation

'Active defense' policy reaffirmed

Landmark report clarifies military strategy and security challenges.

Li promotes industrial cooperation

Expansion provides answer to boost economy and end the global recession, premier says.

2 pilots die in China Navy aircraft crash

An instructor and his student died in a Navy aircraft accident on May 13 in northeast China's Liaoning Province, the Navy said Tuesday.

Police in Xinjiang bust 181 terrorist groups

Police have broken up 181 terrorist groups over the past year as the result of a sweeping crackdown in the Xinjiang Uygur autonomous region.

Coming in from the cold

The stigma surrounding leprosy is fading in China as the public gains greater knowledge and understanding of the disease. However, many challenges still remain.

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.

HK

Bankers hail mainland bond market opening-up

PBOC’s decision greeted as a major first step toward liberalization of the country’s capital account.

Hong Kong shares rise on hopes for new inflows

The Hang Seng index rose 0.9 percent, to 28,249.86, while the China Enterprises Index gained 2.6 percent, to 14,801.94 points.

Mutual-fund link sparks stocks euphoria

HK benchmark hits seven-year high on hopes of heavy mainland funds inflow.

'Opposition only interested in survival’

The opposition camp’s staunch resistance to electoral reform is not about “real democracy”, but its own survival, Chairman of the China-Australia Legal Exchange Foundation Lawrence Ma Yan-kwok told China Daily.

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

Envoys from ROK, US and Japan discuss DPRK threat

Bilateral talks would be held Tuesday among the three diplomats, who represent their respective countries in the six-party talks.

Malaysia finds graves around suspected trafficking camps

Malaysia has uncovered 139 graves thought to contain the remains of migrants from Myanmar and Bangladesh.

Iraq announces launch of operation to drive IS

Iraq on Tuesday announced the launch of a military operation to drive the IS group out of the western Anbar province

Thousands evacuated in Nepal

Thousands of people fled villages and towns along a mountain river in northwest Nepal on Sunday after it was blocked by a landslide, officials said.

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

Uber looks to create more jobs in urban markets

Uber Technologies Inc hopes it will be allowed to expand in Chinese cities, where it believes it can create jobs and ease traffic jams, Chief Executive Officer Travis Kalanick said on Tuesday.

LeTV slumps as founder announces share sale

LeTV Holdings Co Ltd is in need of capital to finance expansion and diversify its range of products.

IMF changes stance on yuan

The International Monetary Fund said on Tuesday that the Chinese currency, known as the yuan or renminbi, is "no longer undervalued".

Eye on Asia

Rohingya face stark reality in Malaysia

Malaysia has been a sort of promised land for Rohingya Muslims fleeing persecution in Myanmar.

Asia domestic workers fight for better life

Asia is home to 41 percent of the estimated 53 million domestic workers worldwide.

Blue Bottle brews long queues in Tokyo

Japan is welcoming artisanal American coffee roaster Blue Bottle with long lines that have at times meant a four-hour wait for a cup.

Sport

Easy starts for Djokovic and Nadal at French Open

If anyone at the French Open needed a reminder, Novak Djokovic was on court to show what champions are made of.

LeBron, Cavaliers limping their way toward NBA Finals

James leaned against a padded wall on Monday and hardly resembled basketball's most undeniable force.

Norwich back in Premier League after winning playoff final

Norwich secured an immediate return to the Premier League and an estimated promotion windfall of up to $235 million by beating Middlesbrough 2-0.

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

Challenges from the life sciences industry

The life sciences industry is increasingly taking over from the tech sector in driving global innovation, according to a Thomson Reuters analysis of global patents.

Entry fee proposed for Australia's most popular tourist attraction

Tourists might soon have to pay to see the Twelve Apostles along the Great Ocean Road if a proposed revenue-raising plan gains traction.

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.