Tag Archives: investments

China issues nationwide ‘negative’ investment list

12 December, 2018 6:32 pm 6:32 pm

BEIJING (Reuters) – China issued on Tuesday a so-called “negative” list that specifies industries where investors, domestic or foreign, are either restricted or prohibited, as part of efforts to standardize market entry rules for all players. Of the 151 sectors on the list, four are prohibited and the rest requires government approval, according to an … Read More

China central bank chief says plenty of room for monetary adjustments amid ...

10 October, 2018 9:28 am 9:28 am

NUSA DUA, Indonesia (Reuters) – China central bank governor Yi Gang said on Sunday he still sees plenty of room for adjustment in interest rates and the reserve requirement ratio (RRR), as downside risks from trade tensions with the United States remain significant. China faced “tremendous uncertainties” due to the impact of tariffs and trade … Read More

Facebook to invest $1 billion in first Asian data centre in Singapore

09 September, 2018 8:35 am 8:35 am

SINGAPORE (Reuters) – Facebook  said on Thursday it will invest more than $1 billion to build its first data centre in Asia in Singapore, slated to open in 2022. Facebook’s facility will be located in the west of the island, near where Google  is expanding its Singapore data centres in an $850 million investment as … Read More