SHANGHAI (AFP) - China's first-ever default on a domestic corporate bond on Friday has sparked legal action by investors owed interest payments from a solar company, their lawyer said.
French bank BNP Paribas plans to recruit 250 more employees for its Singapore operations within the next three years.
SINGAPORE (Reuters) - The Singapore index was on track for its fourth week of gains, with shares inching up for a fourth consecutive session on Friday, even as investors remained cautious ahead of US job data.
CHINA is fully confident of reaching its target of 7.5 per cent growth in total trade this year, as its exports get a boost from the improving global economic outlook and a recovery in developed markets, its top commerce official said.
HONG KONG (REUTERS) - China's balmy holiday island of Hainan, long touted as a place where the country could liberalise gambling, will not permit casinos, senior officials announced this week.