BEIJING, Feb. 16 (Xinhua) -- China should deepen the reform of its large commercial banks and policy financial institutions this year, in the wake of an increasingly complex external and internal environment, the country's central bank said Thursday....
BERLIN, Jan. 26 (Xinhua) -- German Chancellor Angela Merkel defended on Thursday Germany's insistence on empowering the European Commission to prosecute over-spending governments under the fiscal compact. It would be logical, if the Commission ... co...
The European Union has responded with a shrug to Iran's threat to cut off oil exports to some EU members several months before an EU embargo on Iranian oil takes effect. At the same time, Iran has floated an offer to resume talks on its nuclear progr...
Against Sacramento on Wednesday, the Knicks got a glimpse of what their future could look like if Jeremy Lins remarkable scoring production doesnt last forever and all of this Linsanity eventually subsides. And it looked pretty good. Lin took a break...
BELGRADE, Feb. 14 (Xinhua) -- Serbian President Boris Tadic on Tuesday awarded the country's superstar tennis player Novak Djokovic with the Gold Star of Karadjordje, the highest state honor medal, for his exceptional merits in the representation of...
PARIS, Feb. 14 (Xinhua) -- Jamaican sprinter Lerone Clarke clocked the fastest 60-meter time this season on Tuesday at the Lievin indoor meet in France. The Commonwealth Games champion, 30, timed 6.5 seconds to win the match, and finished clear of Fr...
BEIJING, Feb. 15 (Xinhua) -- European Council President Herman Van Rompuy said Wednesday that the European side will consult and cooperate with China in a concrete way to ensure the financial stability of the eurozone. Together with European Commissi...
BEIJING, Feb. 15 (Xinhua) -- China on Wednesday issued a national outline for cultural reform and development for the 2011-2015 period, calling for further efforts to promote the cultural industry's development and boost the country's cultural influe...
BEIJING, Feb. 15 (Xinhua) -- China's State Council, or the Cabinet, on Wednesday pledged to push for deeper reforms to address the country's economic problems. The government will use reform to solve deeply rooted structural problems that are hamperi...
Australia's resources-powered economy is facing a year of challenges. Although the mining sector continues to soar, other industries - most notably manufacturing, tourism and finance - are shedding jobs in an increasingly two-speed economy. Although...
With the European Union demanding more spending cuts from Greece in return for billions of dollars in bailout funds, doubts are growing over whether more austerity is the right solution for Athens. Some analysts and politicians suggest that a once wo...
President Barack Obama is highlighting companies that have brought jobs back to America from overseas. The president wants to reward companies that create jobs in the United States and discourage those that move them elsewhere. Obama visited a padloc...
WARSAW, Fed. 13 (Xinhua) -- Rafal Kapler, the head of the National Sport Centre overseeing the construction of Warsaw's new National Stadium, has been recalled from his post on Monday. Kapler will be replaced by his deputy Robert Wojtas. Polish Sport...
MOMBASA, Kenya, Feb. 13 (Xinhua) -- Kenya is ruing her missed chances after losing out by ten runs against visiting Ireland in the International Cricket Council (ICC) Inter-continental Cup tournament in Mombasa on Monday. The host had started well bu...
BEIJING, Feb. 14 (Xinhua) -- Chinese Premier Wen Jiabao said Tuesday that China has been ready for a bigger part in the resolution of the European sovereign debt issue. Wen made the remarks when meeting reporters with European Council President Herma...
