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  • Chang Yong of China wins boxing gold in Hungary

    BUDAPEST, Feb. 11 (Xinhua) -- China's Chang Yong claimed the title of the flyweight (52kg) category on Saturday at the Bosckai Memorial Boxing Tournament in Debrecen, eastern Hungary. Chang beat Shin Dongmyung of South Korea on points 21-11. China's...

  • Mourinho irritated at rumors over his future

    MADRID, Feb. 11 (Xinhua) -- Real Madrid coach Jose Mourinho this Saturday showed his irritation at rumors over his future in the club. Sources both in Spain and in England are currently speculating that Mourinho will leave Real Madrid at the end of t...

  • China to deepen agricultural cooperation with U.S

    BEIJING, Feb. 12 (Xinhua) -- The agricultural ministries of China and the United States will further enhance agricultural exchanges and cooperation, deepening mutual understanding and trust, so as to achieve mutually beneficial development in the fut...

  • S&P downgrades Egypt's credit ratings

    CAIRO, Feb. 10 (Xinhua) -- Standard and Poor's (SP) downgraded on Friday the long-term rating on Egypt from B+ to B due to sharp decline of foreign exchange reserves and political uncertainties. There would be further downgrade if the Egyptian govern...

  • White House Defends Obama Budget

    As President Barack Obama prepares to unveil his blueprint for U.S. government spending, White House officials are already defending the document from Republican attack. The Obama budget, to be released later Monday, is expected to call for a mix of...

  • Obama Applauds Italian Leader’s Economic Reforms

    President Barack Obama has praised Italys Prime Minister Mario Monti for his efforts to pull his country out of financial distress. After replacing Silvio Berlusconi the past November, Monit has implemented tough austerity measures designed to cut It...

  • Greek Leaders Push For Cuts Amid Backlash

    Greek leaders are issuing new pleas - and warnings - ahead of a crucial vote that will determine whether Europe comes to the rescue with another bailout loan. Socialist Pasok party leader George Papandreou and New Democracy Party leader Antonis Samar...

  • Internet Pact Sparks Outrage Across Europe

    Tens of thousands of Europeans braved bitterly cold temperatures to rally against a controversial treaty intended to protect intellectual property. Anger spilled into the streets of European cities, from Sofia and Vilnius to Prague and Paris to voice...

  • White House: US Deficit To Rise, Then Fall

    President Barack Obamas proposed government budget calls for a slightly higher U.S. deficit for the remainder of this year, then a smaller deficit next year. The president will unveil his budget plan on Monday. An outline of the presidents budget, re...

  • China to expand government procurement program

    BEIJING, Feb. 10 (Xinhua) -- China will try to expand the scope and scale of its government procurement program and continue to push for reforms in the area this year, China's Ministry of Finance (MOF) said Friday. While pledging to further improve l...

  • China province mulls law on radioactive pollution control

    LANZHOU, Feb. 11 (Xinhua) -- Northwest China's Gansu Province, home to the country's earliest nuclear base, plans to draft a new law on radioactive pollution control this year, the local government said Saturday. Lawmakers in the landlocked province...

  • US Trade Deficit Grows

    The U.S. trade deficit got nearly 4 percent worse in December as a reviving economy boosted demand for imported goods. Both imports and exports hit record highs, but imports grew even more than the flow of goods exported from the United States. Frida...

  • India's Slowing Economy Unlikely to Stage Quick Recovery

    Economists in India say the nation's economy is growing at its slowest pace in three years. From New Delhi, Economic growth is not expected to pick up significant pace anytime soon. Government estimates have confirmed what economists have been saying...

  • Obama Applauds Italian Leader’s Economic Reforms

    President Barack Obama has praised Italys Prime Minister Mario Monti for his efforts to pull his country out of financial distress. After replacing Silvio Berlusconi the past November, Monit has implemented tough austerity measures designed to cut It...

  • China punishes food safety criminals in 2011

    BEIJING, Feb. 9 (Xinhua) -- Chinese authorities severely punished criminals violating food safety laws in 2011, according to new figures. Sources with the State Council's Food Safety Committee said on Thursday that a total of 286 people in more than...

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