On Thursday the Ministry of Foreign Affairs has said in a written statement that it is anticipated by the China that any decision on the appointment of the managing director of the International Monetary Fund will be done through democratic negotiation.

Apart from strengthening its existence in the already occupied markets in Vietnam, China and Japan, Mapletree Investments also plans to initiate investments in South Korea with a view to broadening the company’s existence in the local markets and keeping in mind the restricted prospects in this region.

An HSBC global survey has released on Monday that there has been a high record in the confidence level of Singaporean exporters and importers over trade prospects.

HSBC's trade confidence index has marked that gauges sentiment on trade activity and business growth in the next six months. This has showed Singapore's confidence level at 121 points.

Yesterday the shares in Singapore-listed COSCO Corp declined in a major volume. This was due to the accounting irregularities at its main part, the state-owned China COSCO Group. The pending orders from a Norwegian customer were also a reason for the decline.

On Saturday China's state-owned enterprises (SOEs) supervisor has stated that it would work to make the SOEs management more clear and simple following to the China's top auditor publicized irregularities among a number of famed SOEs.

According to the State-owned Assets Supervision and Administration Commission of the State Council, this will be done after the audit so that the results of it will help the public to supervise the SOEs and help the SOEs to level out dodges.

Property prices in China are increasing at faster rate and to curb this increase government is planning to introduce strict measures.

On Wednesday it has been announced that if property prices and transactions continued to increase in second and third tier cities of China government will bring tough measures.

The State Council passed plans for future work on the project, Three Gorges Project, which is the world's biggest hydropower complex. The project is affecting shipping, irrigation and water supply downstream on the Yangtze River and state Council had also passed plans for the prevention and treatment of water pollution in the downstream valley.