BEIJING, May?23 (Xinhuanet) -- China now has direct access to the U.S. Department of the Treasury to buy U.S. government bonds, though the buying amount is not significant, a source close to the central bank told the Global Times yesterday. China can...
BEIJING, May 22 (Xinhua) -- More than 1 million cataracts patients in China have been cured in the past three years with the help of 872 million yuan (138 million U.S. dollars) in subsidies from the central government, according to Health Ministry fi...
The inventor whose device enabled people to watch TV without ever having to get up to change the channel has died. Eugene Polley, who developed the first wireless television remote control, was 96-years-old when he died Sunday in Chicago. Polley was...
RIO DE JANEIRO, May 21 (Xinhua) -- Brazilian sprinter Rosangela Santos has revealed her winning formula for Olympic qualification: cinema and popcorn. The 21-year-old earned her ticket to London on Sunday by winning the 100m event at the Brazil Grand...
RIO DE JANEIRO, May 21 (Xinhua) -- Brazil international midfielder Paulo Henrique Ganso has revealed he almost quit soccer after early setbacks in his professional career. The 22-year-old made his debut for Santos at the age of 18 in 2008 but spent l...
RIO DE JANEIRO, May 21 (Xinhua) -- Cleveland Cavaliers center Anderson Varejao says he is over his injury problems and ready to lead Brazil's quest for gold in the London Olympics men's basketball tournament. Having been one of the NBA's star perform...
BEIJING, May 21(Xinhuanet) --Robin Gibb, the singer and founder of British famous musical band Bee Gees, passed away on Sunday at 62 following his long battle with cancer and intestinal surgery, according to a statement from his family Sunday. Robin...
BEIJING, May 21 (Xinhua) -- China's recent move to give private capital equal treatment in investing in the country's railway projects is expected to inject new vitality into the long-monopolized railway sector amid concerns of an economic slowdown....
LANZHOU, May 21 (Xinhua) -- Floods have left one villager dead and two others missing in Lanzhou, the capital of Gansu province. From 10 p.m. Sunday to early Monday morning, floods have ravaged several districts and counties of the city. In Yuzhong c...
HARBIN, May 21 (Xinhua) -- Chinese State Councilor Liu Yandong has called for greater technological innovation to rejuvenate traditional industrial bases in northeast provinces. Northeastern industry rejuvenation has entered a crucial stage, and tech...
The price of shares of social-media giant Facebook plunged on its second day of stockmarket trading. Investors quickly started selling the stock on the Nasdaq exchange Monday, sending the price of Facebook shares down 13 percent in the first hour. It...
WASHINGTON, May 19 (Xinhua) -- U.S. President Barack Obama on Saturday urged Congress to finish implementing Wall Street reform by finally putting in place banking rules he signed into law two years ago, in order to protect U.S. consumers and help th...
WHITE HOUSE - U.S. President Barack Obama has announced a plan aimed at lifting 50 million Africans out of poverty in the next 10 years. Private companies from around the world have pledged more than $3 billion toward the effort. With the leaders of...
ISTANBUL - Turkey is showing renewed interest in reviving its stalled bid to join the European Union now that Nicolas Sarkozy, one of its key opponents, is no longer the president of France. The 27-nation bloc also seems keen to put life back into An...
How can problems in Greeces relatively small economy cause problems for the rest of Europe and even far-away Asia and the United States? Some economists say that international loans and worried investors are among the reasons for the fear of financia...
