Short of options, Sri Lanka turns back to Beijing's embrace


COLOMBO Just over a year after a new leader was elected and Sri Lanka's business ties with China came under close scrutiny, Colombo is reversing course by resuming a stalled port project and naming Beijing as the front runner for a new special economic zone.


Exclusive: Nigeria to seek China loan, shelves Eurobond sale for now - sources 10 Feb 2016

LAGOS/ABUJA Nigerian Finance Minister Kemi Adeosun plans to travel to China next week, aiming to negotiate a loan of up to $2 billion to help fund record budget spending, financial and government sources said on Wednesday.


Amazon expands logistics reach in China 10 Feb 2016

SAN FRANCISCO/SHANGHAI Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages. | Video


Asian scientists race to make Zika test kit, but lack of live sample a challenge 10 Feb 2016

NEW DELHI/SINGAPORE Scientists in Asia are racing to put together detection kits for the Zika virus, with China on Thursday confirming its first case, but the researchers are challenged by the lack of a crucial element - a live sample of the virus.


Exclusive - U.S. and India consider joint patrols in South China Sea: U.S. official 10 Feb 2016

NEW DELHI The United States and India have held talks about conducting joint naval patrols that a U.S. defence official said could include the disputed South China Sea, a move that would likely anger Beijing, which claims most of the waterway.


North Korea satellite in stable orbit but not seen transmitting - U.S. sources 10 Feb 2016

WASHINGTON - North Korea's recently launched satellite has achieved stable orbit but is not believed to have transmitted data back to Earth, U.S. sources said of a launch that has so far failed to convince experts that Pyongyang has significantly advanced its rocket technology. | Video


White House - Disputes over South China Sea must not involve 'bullying' 10 Feb 2016

WASHINGTON President Barack Obama will deliver a tough message to China during a summit with Southeast Asian countries next week that disputes in the South China Sea must be resolved peacefully and not with a big nation “bullying” smaller neighbours, the White House said on Tuesday.


Europe to call on G20 finance chiefs for urgent action on growth 09 Feb 2016

BRUSSELS European finance ministers will call on the Group of 20 biggest world economies at the end of February to boost global economic growth at a time when a slowdown in China is sending shivers through financial markets.

North Korean shipping firm skirts U.N. sanctions, gets port access 09 Feb 2016

UNITED NATIONS A U.N.-blacklisted North Korean shipping company continues to evade sanctions through its use of foreign-flagged ships, name changes and other means of obfuscation, according to a new report by United Nations monitors.


German, French central bankers warn of overreaction to China 09 Feb 2016

PARIS French and German central bankers warned on Tuesday against overreacting to the signs of economic weakness coming from China that have helped trigger a bout of financial market volatility.