International banks are targeting Africa to take advantage of growth rates higher than in many developed economies.
Liao is the latest among prominent business figures being targeted in China's anti-corruption campaign.
Lifting the ban will generate $86bn more per year in GDP on average from 2016-2030, according to an IHS report.
According to leaked Treasury papers, new scheme would 'most likely benefit high income and wealthier households'.
Rakuten's move will see it join Amazon.com and travel agency Expedia in accepting the digital currency.
Other countries looking to join Asian Infrastructure Investment Bank include Australia, South Korea, Switzerland and Luxembourg.
Endo International, which was the only remaining bidder for Salix, has withdrawn from its attempt.
RBA board members are of the view that the need for further rate cuts will emerge.
The company is currently one of the most highly valued startups by venture capitalists.
Apple in talks with Walt Disney, CBS and 21st Century Fox to offer slimmed-down bundle of TV networks this fall.
Swiss trading house stepped up dealings with Rosneft in February.
Greek finance minister Yanis Varoufakis denied ever giving the middle finger.
US crude oil price falls to six-year low on Monday in New York.
Opec cartel maintained production in bid to protect market share after oil price collapsed in 2014.
Legend has tapped UBS and mainland investment bank China International Capital for its planned IPO.
IBTimes UK looks at the rise of fine dining Indian restaurants.
Ten biggest banks only make quarter of revenue from the real economy and rely heavily on financial system.
Shanghai-traded automotive glass maker Fuyao Glass Industry Group has a market capitalisation of some $4.8bn.
Malwarebytes identified malicious code on JamieOliver.com that continues to infect users' computers
New Zealand's Fonterra Co-operative Group acquires a near 20% stake in China's Beingmate Baby and Child Food.
Sorrell will receive more than 2.3 million WPP shares worth £36.04m for 2014.
The USA and Russia are still the biggest exporters by some distance.
In the remote Japanese village of Nagoro, the young have been replaced by scarecrows.
Exclusive: Labour's shadow business secretary talked with IBTimes UK in Birmingham.
Yahoo's new sign-on method sends a time-sensitive code to your mobile number, removing the need for passwords
Elliott Advisors has noted that Alliance's investment portfolio is persistently underperforming against benchmarks and that of rivals.
The net loss of high street stores, particularly 'goods shops of a more traditional type', was three times more than in 2013.
Scripps Networks Interactive will buy 52.7% stake in TVN held by Polish firm ITI and French media firm Vivendi.
The WPI index fell 2.09% compared to the 0.39% drop in January and market consensus of around 0.7% fall.
The Indian economy is expected to more than double in size by 2019, compared to 2009, says the IMF managing director.