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Lee faces daunting tasks - researchers

ROK president-elect Lee Myung-bak faces the daunting tasks of reinvigorating the economy and keeping the Korean Peninsula peace process going, Chinese observers said Wednesday. Piao Jianyi, a senior researcher with the Chinese Academy of Social Sciences, said the win by Lee, ...

All eyes on Ireland for fate of Lisbon Treaty

BRUSSELS -- All eyes are on Ireland for the fate of the Lisbon Treaty as it is the only country that will hold a referendum on the text, said an expert with a thinktank on European Union (EU) policies. The Lisbon Treaty, which is to be signed by EU heads of state and government ...

Germany investigates 12,000 in child porn ring

BERLIN -- Prosecutors in the eastern German state of Saxony-Anhalt are investigating 12,000 people on suspicion of possessing illegal images of children, state prosecutor Peter Vogt told German radio on Monday. "They face charges of downloading ... child pornography," Vogt told ...

Bernanke: Economy faces 'numerous difficulties'

The central bank Wednesday set the yuan's mid-point against the US dollar at 6.8128, with the Chinese currency hitting a new post-revaluation high for a fifth straight day. WASHINGTON - Federal Reserve Chairman Ben Bernanke told Congress Tuesday the fragile economy is facing ...

London to host Chinese culture celebration

London will host its biggest-ever celebration of Chinese culture next year, featuring an Olympic theme and the largest Spring Festival outside Asia. Mayor of London Ken Livingstone said: "The capital's Chinese New Year celebration is a key event on our cultural calendar. It is ...

Ban urges flexibility, political will in climate talks

BALI, Indonesia -- United Nations Secretary-General Ban Ki-moon on Wednesday called for "flexibility" and "political will" in speeding up the ongoing negotiations aimed at adopting a Bali roadmap for a future climate agreement. "We work for success, we don't work for failure. We ...

US policies may deter investors from China

A senior economic planner has expressed concern that US investment policies are erecting barriers to Chinese investors securing stakes in American businesses. Zhang Xiaoqiang, vice-minister of National Development and Reform Commission, said the US Foreign Investment Bill has ...

Iran, IAEA start new round of nuclear talks

TEHRAN -- Iranian officials and a team from the International Atomic Energy Agency (IAEA) started a fresh round of talks on Monday in Tehran to resolve remaining issues about Tehran's nuclear work, the official IRNA news agency reported. The new talks are expected to focus on ...

Kosovo to declare independence before May

BELGRADE -- Kosovo ethnic Albanian leaders will declare independence from Serbia before May next year after intensive consultations with Western countries on steps leading to a declaration of independence and subsequent international recognition, a spokesman for the Kosovo ...

7 nations formally create Bank of South

BUENOS AIRES -- Presidents from seven nations signed on Sunday a document creating the Bank of the South, a development bank launched with capital from Venezuela, Bolivia and Argentina. The public ceremony, gathering presidents representing Argentina, Venezuela, Brazil, Bolivia, ...

Thai Foreign Minister resigns over temple dispute

BANGKOK -- Thai Foreign Minister Noppadon Pattama announced resignation Thursday after a court verdict found his signing a Thai-Cambodian Joint Communique over the Preah Vihear Temple in breach of constitution. Noppadon made the announcement at a press conference at the Foreign ...

G8 reaches tentative climate change deal-sources

TOYAKO - Group of Eight negotiators have reached a tentative agreement on climate change that will be put to their leaders on Tuesday, sources familiar with the talks said, potentially resolving the stickiest issue at their summit. A statement that goes beyond last year's G8 ...

AU summit ends with resolution on food crisis, Zimbabwe, MDGs

SHARM EL-SHEIKH - The 11th African Union (AU) summit closed here Tuesday after African leaders discussed the impact of soaring food prices, the situation in Zimbabwe, and how to achieve the Millennium Development Goals in Africa. The AU leaders have shown great concern on the ...

Bush to Meet Japanese, S Korean, Chinese Leaders during G8 Summit

U.S. President George W. Bush will meet with leaders of Japan, South Korea and China on the sidelines of the Group of Eight (G8) summit next week in Japan, the White House announced Tuesday. Bush will meet Japanese Prime Minister Yasuo Fukuda on July 6, the eve of the summit, and ...

US Midwest floodwaters falling, costs rising

ST. LOUIS - Levees on the cresting Mississippi River held on Sunday as the worst US Midwest flooding in 15 years began to ebb, but multibillion-dollar crop losses may boost world food prices for years. Water levels on the river receded for the second straight day as mostly clear ...

US Fed holds key interest rate steady at 2%

WASHINGTON - With inflation moving higher on its worry list, the Federal Reserve held interest rates steady Wednesday, ending nearly a year of cuts to bolster the economy, and hinted that the next direction for rates could be up. Fed Chairman Ben Bernanke and all but one of his ...

United Airlines to temporarily lay off 950 pilots

WASHINGTON -- United Airlines will temporarily lay off about 950 pilots by the end of 2009 as a result of plans to reduce the fleet by 100 aircraft to cope with surging oil prices, The Wall Street Journal reported on Tuesday. The pilot cuts will begin with 100 jobs to be reduced ...

Philippines typhoon capsizes boat, 700 missing

MANILA - The past weekend marked one of the darkest dates in the Philippines' natural disaster-battering history, with reports of floods, landslides, flooded streets and a sunken ship with over 700 passengers on board. The country's Red Cross and disaster relief authorities on ...

Lee Myung-bak Apologizes to Public for Beef Deal

South Korean President Lee Myung-bak on Thursday apologized to the public for his government's handling of a U.S. beef import deal which sparked strong protests. "I should have paid attention to what people want," said Lee in a nationally televised statement. "I and my government ...

Powerful 7.2-magnitude earthquake kills 6 in Japan

Tokyo -- A magnitude 7.2 earthquake ripped across the mountains and rice fields of northern Japan on Saturday, killing at least six people as it sheared off hillsides, jolted buildings and shook nuclear power plants. At least eight people were missing. Military helicopters ...
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Latest World News

china

Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
China slams Japan's NHK governor's denial of Nanjing massacre
China slams Japan's NHK governor's denial of Nanjing massacre
BEIJING, Feb. 5 (Xinhua) -- China on Wednesday slammed the remarks of ...

world

market

IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
GM China chairman to retire
GM China chairman to retire
CHICAGO, Jan. 24 (Xinhua) -- General Motors Co. announced Friday that ...

finance

company

Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
China cloning pigs on industrial scale
China cloning pigs on industrial scale
Cloning is a controversial and decisive issue that has split public ...

industry

trade

Logistics industry faces reshuffle
Logistics industry faces reshuffle
Every day at 7 a.m., Xiao Lin, a Shentong Express courier in Hangzhou, ...
Airbus opens Chinese logistics center
Airbus opens Chinese logistics center
A model of an Airbus SAS A350 XWB on display at an air show. The ...
Dollar trades at lower 102 yen level in early Tokyo deals
Dollar trades at lower 102 yen level in early Tokyo deals
TOKYO, Jan. 27 (Xinhua) -- The U.S. dollar traded at the lower 102 ...
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