China says Silk Road trade touches $485 billion

Last Updated: Thursday, August 6, 2015, 19:32

The import value from those countries was USD 189.6 billion, accounting for 23.4 per cent of its total import.

China sets up gold fund as part of Silk Road initiative

Last Updated: Monday, May 25, 2015, 14:13

The fund`s activities could take in the launch of gold-backed exchange-traded funds and buying stakes in listed gold companies and mining firms.

China sets up "largest" gold fund for nations along Silk Road

Last Updated: Sunday, May 24, 2015, 18:20

China, the world's biggest gold producer, has set up a gold sector fund involving countries along the ancient Silk Road which is expected to raise USD 16.1 billion.

Federal agents stole Bitcoin in Silk Road probe: US

Last Updated: Monday, March 30, 2015, 23:54

Two undercover federal agents in the investigation of Bitcoin market Silk Road extorted and stole hundreds of thousands of dollars worth of the virtual currency for themselves, the US said Monday.

USD 40 billion Silk Road fund no 'aid agency', says China

Last Updated: Thursday, March 12, 2015, 17:06

China today said its USD 40 billion Silk Road fund which will start investments soon is not an "aid agency" and will only finance projects with "reasonable returns", playing down expectations especially among small countries looking to obtain cheap funding for their ventures.

US marshals to auction 50,000 bitcoins from Silk Road

Last Updated: Thursday, February 19, 2015, 01:09

The US government on Wednesday said it plans to auction 50,000 bitcoins on March 5, following the recent criminal conviction of Ross Ulbricht for being the mastermind behind the online black market known as Silk Road.

Federal prosecutors in NY charge 3 in drug website

Last Updated: Saturday, December 21, 2013, 11:56

Three more men face charges for their alleged roles in the online black market website known as the Silk Road, revealed federal prosecutors in New York City.

Putin in Seoul pushes new `Silk Road` via North Korea

Last Updated: Wednesday, November 13, 2013, 13:28

Russian President Vladimir Putin was in South Korea Wednesday, pushing a pet project for a new trading route linking Asia and Europe by rail that requires prying open North Korea.

India has huge role to play in Silk Road`s success: Grossman

Last Updated: Thursday, March 21, 2013, 11:47

India has important role to play in success of New Silk Road, a concept being pushed by the US government to boost trade and business between South and Central Asia, a former US official has said.

India has huge role to play in Silk Road's success: US

Last Updated: Thursday, March 21, 2013, 10:18

India has an important role to play in the success of the New Silk Road, a concept being pushed by the US government to boost trade and business between South and Central Asia, a former US official has said.