Silk road

Hungary, China sign accord on new Silk Road trade network

Hungary and China have signed an accord to cooperate on the creation of a new Silk Road network, a Chinese plan to boost trade with Europe.

Jun 06, 2015, 23:40 PM IST

US judge jails Silk Road mastermind for life

 The American convicted of masterminding the criminal website Silk Road was sentenced in court Friday to life in prison over the online enterprise that sold $200 million in drugs to customers worldwide.

May 30, 2015, 14:11 PM IST

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

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.

May 24, 2015, 18:20 PM IST

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

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.

May 24, 2015, 17:24 PM IST

India can choose to take part in any Silk Road project: China

In a bid to convince India to shed its reservations and back the mega Silk Road initiatives, China Wednesday said besides linking its strategic ventures, Indian government can choose to take part in any of the projects in the South Asian region.

Apr 15, 2015, 21:51 PM IST

India trying to use strategic projects as bargaining chip: Chinese think-tank

India is trying to use its strategic projects like 'Mausam' in the Indian Ocean as a bargaining chip to acquire "special position" in China's mega Silk Road and Maritime Silk Road initiatives, an influential state-run Chinese think-tank has claimed.

Apr 10, 2015, 12:54 PM IST

Federal agents stole Bitcoin in Silk Road probe: US

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 today.

Mar 31, 2015, 02:15 AM IST

Federal agents stole Bitcoin in Silk Road probe: US

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.

Mar 30, 2015, 23:54 PM IST

China to unveil Silk Road project plan at Boao Forum next week

Chinese President Xi Jinping will release the implementation plan for his ambitious Silk Road projects listing hundreds of infrastructure ventures at the Boao Forum next week in presence of heads of state from 13 nations.

Mar 19, 2015, 19:30 PM IST

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

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.

Mar 12, 2015, 18:55 PM IST

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

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.

Mar 12, 2015, 17:06 PM IST

China says progress made in Silk Road projects

Claiming success in its new phase of neighbourhood diplomacy, China on Thursday said progress has been made in its ambitious 'Silk Road' and 'Maritime Silk Road' projects.

Mar 05, 2015, 17:13 PM IST

US marshals to auction 50,000 bitcoins from Silk Road

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.

Feb 19, 2015, 01:09 AM IST

China operationalises USD 40 billion Silk Road fund

China has appointed top officials to manage a USD 40 billion fund to finance its most ambitious global plan - the Silk Roads and Maritime Silk Road - to build major infrastructure projects aimed to enhance its strategic influence and blunt the US' big push into Asia-Pacific.

Feb 05, 2015, 16:38 PM IST

US defense argues wrong man accused as Silk Road kingpin

Defense lawyers for Ross Ulbricht, the alleged mastermind of online criminal enterprise Silk Road, sought to convince New York jurors on Thursday that the wrong man was in the dock.

Jan 16, 2015, 06:01 AM IST

US to auction 50,000 bitcoins seized in Silk Road case

The latest batch of bitcoins was found on computer hardware authorities said belonged to Ross Ulbricht, who prosecutors accuse of creating the underground website.

Nov 18, 2014, 10:01 AM IST

China to establish $40 bn Silk Road infrastructure fund

China will contribute $40 billion to set up a Silk Road infrastructure fund to boost connectivity across Asia, President Xi Jinping announced on Saturday, the latest Chinese project to spread the largesse of its own economic growth.

Nov 08, 2014, 18:15 PM IST

''Dark market'' websites seized in US, European busts

U.S. and European authorities on Friday announced the seizure of more than 400 secret website addresses and arrests of 16 people in a sweep targeting black markets for drugs and other illegal services.

Nov 08, 2014, 02:30 AM IST

Silk Road sequel leads to California arrest

A man has been arrested for starting a spinoff version of the shuttered Silk Road website, enabling more than 100,000 people to buy and sell illegal drugs in the last year, authorities announced Thursday.

Nov 07, 2014, 02:58 AM IST

Xi Jinping`s father`s tomb attracts visitors to China`s new Silk Road hub

Seeking to re-emerge as the centre of ancient silk route, China`s imperial city Xian is fast becoming a new pilgrimage hub with visitors thronging the tomb of Xi Zhongxun, father of President Xi Jinping.

Aug 17, 2014, 17:07 PM IST