India, Pakistan set to join China-led security group

will “add to the potential and the global influence of the Shanghai Cooperation Organisation”, China’s assistant foreign minister, Li Huilai, said on Monday. The SCO, seen by some as a counterweight to the US- and European-led North Atlantic Treaty ... ( read original story ...)

China stocks fall despite fewer IPOs, big caps weigh

The Shanghai SE 50 Index, dubbed "China's nifty 50 index", dropped 1 percent, in contrast with a gain of 0.9 percent in the tech-heavy start-up board ChiNext. The China Securities Regulatory Commission (CSRC) approved on Friday only four IPOs to raise up ... ( read original story ...)