Chinese police arrest 15,000 for Internet crimes

Police in China said on Tuesday they had arrested about 15,000 people for crimes that “jeopardized Internet security”, as the government moves to tighten controls on the Internet. Since taking over in 2013, President Xi Jinping has led an increasingly harsh crackdown on China's Internet, which the Communist Party views with greater importance and acknowledges it needs to control, academics and researchers say. Police have investigated 7,400 cases of cyber crime, the Ministry of Public Security said in a statement on its website

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Kerry says U.S. ties can grow if more freedom in Vietnam

By David Brunnstrom HANOI (Reuters) – Secretary of State John Kerry lauded on Friday the warming of ties with Vietnam but said the scope of relations, and military deals, would depend on its communist rulers' willingness to protect rights and freedoms.

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Bitcoin startups lure quant whizzes from Wall Street

Armed with a doctorate in financial engineering, 34-year-old Timo Schlaefer was on his way to a promising career at Goldman Sachs in London. Previously with the bank's mergers and acquisitions team, he became an executive director of credit quantitative modeling at Goldman, where quants like Schlaefer are highly valued.

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China’s Zhang hopes U.S. removes barriers to investment

The United States should remove barriers to Chinese investment for national security reasons, said Zhang Xiangchen, a deputy trade minister at the Ministry of Commerce. Zhang said the world’s two largest economies are committed to further improve market access to each others’ investors as part of talks on a Bilateral Investment Treaty (BIT), though both economies have further to go.

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Saudi Arabia warns citizens against sharing ‘faked’ documents after Wikileaks release

Saudi Arabia on Saturday urged its citizens not to distribute “documents that might be faked” in an apparent response to WikiLeaks’ publication on Friday of more than 60,000 documents it says are secret Saudi diplomatic communications. The statement, made by the Foreign Ministry on its Twitter account, did not directly deny the documents’ authenticity

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China says Indian prime minister to visit next week

Indian Prime Minister Narendra Modi will visit China next week, the Chinese Foreign Ministry said on Tuesday, his first trip to India's northern neighbor since being elected last year. Modi will be in China from May 14-16, the ministry said in a brief statement. China and India have growing commercial links and deep historical ties, but their recent history has been overshadowed by suspicion and the two have yet to sort out a festering border dispute.

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Taiwan orders Alibaba withdrawal after rules violation: official

By J.R. Wu TAIPEI (Reuters) – Taiwan has ordered Alibaba Group Holding Ltd to withdraw from the country within six months because the online retailer had violated investment rules required for a Chinese company, an economics ministry official said on Monday.

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