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BEIJING, Sept. 6 (Xinhua) -- China will raise the reserve requirement ratio by 0.5 percentage points for commercial banks to 12.5 percent in an effort to cool the booming economy, the People's Bank of...
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Shang Fulin, head of China's securities market watchdog, said that China's capital market has gone through fundamental changes, but still faces “a bumpy road ahead.““China's capital market, fuel...
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Apple cuts iPhone price and revamps iPods
2019-04-08SAN FRANCISCO- Apple Incsharply cut the price of its iPhoneon Wednesday and revamped its full iPod line, including adding a model with a touch screen that can browse the Web and buy songs wirelessly.N...
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Valentino appoints new creative director
2019-04-08Fashion designer Alessandra Facchinetti is applauded after presentingthe Gucci spring/summer 2005 collection, in Milan, Italy , Sept. 30, 2004.[AP]Valentino Fashion Group said Wednesday it has appoint...
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Escape from town life
2019-04-08Two old-school Beijing party animals teamed up with one of the partners from a historic South Street dive to bring the ten-kuai bar to Nuren Jie.The bartender is a young buck, hand-trained by the owne...
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MasterCard Worldwide released a report on luxuries market on September 4, 2007, saying that by 2016, young wealthy Chinese might spend $24.6 billion on luxuries, while elder wealthy Chinese might spen...
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Washington, Sept. 6 (Xinhua) -- An independent commission, composed of retired senior military and police officers, recommended to Congress on Thursday for U.S. troop reduction in Iraq to improve the ...
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DAMASCUS, Sept. 6 (Xinhua) -- Syria said Thursday that its air defenses opened fire at Israeli warplanes that had entered its airspace at dawn and forced them to leave, but Israel said they are unawar...
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With the conclusion of the five-day 3rd Northeast Asia Investment and Trade Expo in the capital of northeast China's Jilin Province on Thursday, contracts of foreign investment worth 25 billion yuan (...
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BEIJING, Sept. 28 (Xinhua) -- A total of 36.32 billion yuan of15-year special treasury bonds will be on sale from Saturday, the third batch of 200 billion yuan in treasury bonds to be made available t...