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Inflation to cause global recession

NEW YORK -- Slower growth is spreading around the world with inflation being main threat to causing global recession, U.S. Conference Board said here on Thursday. Vice President and Chief Economist of U.S. Conference Board Bart van Ark told a press briefing that with U.S. ...

Bush threatens Iran with new sanctions

BRDO, Slovenia -- US President George W. Bush threatened on Tuesday to seek more sanctions against Iran for its nuclear program. "A group of countries can send a clear message to the Iranians," Bush said, referring to a new proposal from Britain, China, France, Germany, Russia ...

S.Korea, US postpone talks due to beef issue

SEOUL -- South Korea and the United States have postponed top-level diplomatic talks, originally slated for this week, due to the political turmoil here stemming from public protests over Seoul's decision to resume American beef imports, officials said on Wednesday. Vice Foreign ...

Myanmar Draft Constitution Approved

Myanmar's draft constitution has been approved with an overwhelming votes cast in favor by 24,764,124 or 92.48 percent of turn-out voters, in the nationwide referendum held for two rounds during this month, the state TV reported Monday quoting an announcement of the Commission ...

WTO chief raps US, EU on Doha Round trade talks

BRUSSELS -- The chief of the World Trade Organization (WTO) Thursday criticized a new US farm bill, saying it sent a wrong signal to the Doha Round trade talks, while urging the European Union (EU) to show more flexibility. "I was quite transparent in saying that this farm bill ...

DPRK nuke declaration schedule still in discussion

The United States discussed with the Democratic People's Republic of Korea (DPRK) and China in Beijing Tuesday on the six-party talks, but the declaration schedule still unsettled. "We have to work out a schedule for declaration. We have been working hard and trying to complete ...

Twelve killed in Johannesburg anti-immigrant violence

JOHANNESBURG - Twelve people have been killed in a wave of weekend violence against immigrants around Johannesburg, police said Sunday, with gangs of armed youths rampaging through poor areas in South Africa's economic capital. President Thabo Mbeki announced that a panel had ...

China, Russia to hash out 3-year plan

MOSCOW -- China is one of Russia's most important partners in the world arena, Russian President Dmitry Medvedev said in a recent interview with major Chinese media in Moscow. "Russia regards China as one of its foremost partners in its foreign policy," Medvedev said on the eve ...

UN urges Myanmar to accept more international aid workers

UNITED NATIONS - The UN's top humanitarian official urged the Myanmar authorities on Wednesday to allow more international aid workers into the affected area in the delta outside Yangon, the country's largest city. Speaking to reporters at a press conference at the UN Headquarter...

Strong quake hits Indonesia's Sumatra

JAKARTA -- An earthquake with magnitude of 6.0 rocked Bengkulu province in Sumatra Island of Indonesia on Sunday afternoon, but there were no reports of damage or casualty, the country's meteorology agency said. The quake struck at 19:17 Jakarta time (1217 GMT) with its epicenter ...

2009: World economy in big trouble

Battling the worst financial crisis in nearly 70 years, the world economy will brake sharply in 2009, with the United States, Western Europe and Japan in recession. Developing economies in Asia, Africa and the Middle East will experience curtailed growth due to plunging commodity ...

Boat carrying Myanmar aid sinks; toll climbs to 28,458

Yangon, Myanmar - A Red Cross boat carrying rice and drinking water for cyclone victims sank Sunday, while the death toll jumped to more than 28,000. The double-decker boat that sank was carrying supplies for more than 1,000 people and was the first Red Cross shipment to the ...

Myanmar cyclone toll climbs to nearly 22,500

YANGON -- Myanmar raised its death toll from Cyclone Nargis on Tuesday to nearly 22,500 with a further 41,000 missing, nearly all of them from a massive storm surge that swept into the vast Irrawaddy delta. Of the dead, only 671 were in Yangon, and its outlying districts, state ...

Pakistan downplays alleged India airspace breach

Pakistan downplayed alleged Indian violations of its airspace, suggesting on Sunday that they were "inadvertent" and "technical", in a bid to avoid worsening tensions already spiked by the Mumbai attacks. While India denied its aircraft crossed into Pakistani airspace, the ...

Ottawa in Chaos as Transit Workers Go on Strike

A transit strike combined with 30 centimeters of snow left behind by a winter storm sent a wave of chaos through Canada's capital Wednesday as many commuters scrambled to find ways to get to work, school and other appointments. About 2,100 drivers, dispatchers and maintenance ...

Wall Street sinks to lowest since 2003

NEW YORK -- Stocks plunged to their lowest in five-and-a-half years on Wednesday as investors girded for a lengthy economic downturn and automotive executives predicted a far-reaching calamity without a government lifeline.Shares of General Motors Corp plummeted to the lowest in ...

Scientists develop purple, cancer fighting tomato

LONDON - A purple tomato genetically engineered to contain nutrients more commonly seen in dark berries helped prevent cancer in mice, British researchers said on Sunday. The finding, published in the journal Nature Biotechnology, bolsters the idea that plants can be genetically ...

Six-party Talks Focus on Verification Draft of DPRK Nuclear Program

Chief delegates of the six-party talks kept negotiating in Beijing on Wednesday over the draft proposal on how to verify the Democratic People's Republic of Korea's (DPRK) nuclear program after reaching no agreement Tuesday. The U.S. delegation held bilateral meetings with the ...

DPRK to close its border with S Korea from next month

PYONGYANG -- The military of the Democratic People's Republic of Korea (DPRK) was authorized to cut off all land borders with South Korea from December, the official KCNA news said on Wednesday. "Upon the authorization, we officially inform the south side that the actual crucial ...

Pakistan, India to Open Cross-LoC Trade in Kashmir

Pakistan and India are to open trade across the Line of Control in disputed Kashmir on Tuesday, a step aimed to ease recent strains between the two rival countries. The trucks, carrying stipulated commodity items, will cross the cease-fire line for the first time since the two ...
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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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