China stocks fall ahead of possible probe into financial boss

Hong Kong shares also dropped, as investors braced for a likely U.S. rate hike later in the day, and awaited clarity on the Federal Reserve's future policy. Some investors also think a U.S. hike will prompt China to increase its interest rates. China's ... ( read original story ...)

China-backed bank boasts rising lending power

Beijing (AFP) - The China-backed Asian Infrastructure Investment Bank expects to more than double its lending power for regional projects over the next five years, a top executive said, denying it was an arm of the Communist Party. The brainchild of ... ( read original story ...)

Chinese insurer detained amid financial probe

BEIJING - The Chinese insurer that owns New York City's Waldorf Astoria Hotel said Wednesday its chairman was unable to perform his duties following a report he was detained by regulators amid accusations of possible financial misconduct. Anbang Insurance ... ( read original story ...)