Australia Grapples With Foreign Land Sales

SYDNEY In Australia, conservative politicians want to tighten the controls on foreign investors buying farms and businesses. The calls for more scrutiny on sales to foreigners come as a Chinese property conglomerate bids for a 15,000 hectare farming

China's biggest gold producer sales surge in H1

BEIJING, Aug. 6 (Xinhua) -- China National Gold Group Corp. (CNGGC) said Monday that its first-half sales surged 61.44 percent year on year to 49.45 billion yuan (7.85 billion U.S. dollars), fulfilling 61.8 percent of its annual target. The Beijing-b

U.S. stocks drop on Japan disaster and high oil prices

NEW YORK, March 22 (Xinhua) -- U.S. stocks declined on Tuesday on high oil prices and possible earning lost from airline companies because of Japan disaster. With no economic news released on Tuesday, investors（投资者） paid attention to the co

Italy's new financial bill to hurt consumption: experts

Italy's new financial bill to hurt consumption: experts ROME, Oct. 10 (Xinhua) -- The financial bill announced by the technocratic cabinet led by Prime Minister Mario Monti will impact negatively on domestic consumption, local analysts said on Wednes

Taxes Heat Up US Presidential Campaign

The political campaigns of U.S. President Barack Obama and Republican challenger Mitt Romney have sharpened their attacks against each other with heated discussions on taxes. Romney's decision to limit disclosures about his personal wealth to his 201

Kobe, LeBron to tour in China after Olympics

LONDON, Aug. 10 (Xinhua) -- Kobe Bryant will lead a bunch of big names from the U.S. Olympic basketball team to tour in China after the London Olympics. Bryant will fly directly from London to Beijing to kick off his journey that will start from Jina

Romney Seeks to Build on Debate Performance

Romney Seeks to Build on Debate Performance WASHINGTON Republican presidential candidate Mitt Romney is looking to build political momentum after his strong debate performance Wednesday against the man he would like to replace in November, President

Stramaccioni: Inter are rediscovering balance

MILAN, Jan. 12 (Xinhua) -- Inter Milan head coach Andrea Stramaccioni said his side are rediscovering their balance following their 2-0 victory over Pescara in the Italian Serie A league at home on Saturday. It went well, because the most important t

Merkel unveils memorial for Roma victims of Nazis

Merkel unveils memorial for Roma victims of Nazis BERLIN, Oct.24 (Xinhua) -- German Chancellor Angela Merkel inaugurated a memorial Wednesday in Berlin to tens of thousands of Gypsies, or Roma, killed by the Nazi regime. The monument is a pool of wat

China, Latvia pledge to boost military ties

RIGA, May 14 (Xinhua) -- Chinese Defense Minister Liang Guanglie here on Monday met his Latvian counterpart Artis Pabriks, with both sides pledging to enhance bilateral military cooperation. During the meeting, Liang said that China attaches great im

Merkel warns of bubble, calls for regulations on financial institutions

DAVOS, Switzerland, Jan. 24 (Xinhua) -- German Chancellor Angela Merkel on Thursday warned of bubble driven by improper regulations on financial institutions. Addressing business and political leaders at the World Economic Forum here, Merkel called o

Obama, Congress Face Budget Showdown

Obama, Congress Face Budget Showdown WASHINGTON Newly re-elected President Barack Obama appears to be headed toward another clash over taxes and government spending with the House of Representatives, where Republicans held on to their majority after

Merkel: Eurozone Often Failed to Keep Economic Promises

Merkel: Eurozone Often Failed to Keep Economic Promises German Chancellor Angela Merkel says that too often countries in Europe's euro currency bloc have failed to keep their promises for economic reforms, leading to worries that their debts will not

German President calls on Merkel to explain euro crisis

BERLIN, July 8 (Xinhua) -- German President Joachim Gauck on Saturday asked Chancellor Angela Merkel to explain in detail why the eurozone's largest economy needs to save its troubling partners. In an interview with German television ZDF, Gauck said

Obama, Romney Look to November Showdown

President Barack Obamas surprise trip to Afghanistan on the first anniversary of the death of Osama bin Laden is the latest indication that foreign policy and national security issues will matter this election year, even if most political analysts pr

Romney, Santorum Head for Super Tuesday Showdown

Tuesday looms as an important day in U.S. presidential politics with 10 states holding presidential primary or caucus votes with a total of 419 Republican delegates at stake. The so-called Super Tuesday voting could determine whether former Massachus

HSBC to pay 249 mln USDs in foreclosure abuse settlement

WASHINGTON, Jan. 18 (Xinhua) -- Banking giant HSBC has agreed to pay 249 million U.S. dollars to borrowers in a settlement with U.S. federal regulators for its foreclosure abuse practices, U.S. Federal Reserve announced on Friday. The sums paid by HS

Britain's Prince Harry Finishes Top in Class

Britain's Prince Harry has qualified to fly Apache attack helicopters in combat, finishing training as the best co-pilot gunner in his group. British Defense Ministry officials said Wednesday, Prince Harry, who is known in the military as Captain Wal

Milan's offer for Tevez rejected, says Galliani

ROME, Dec. 18 (Xinhua) -- AC Milan's offer for Carlos Tevez has been rejected by Manchester City, the Serie A giant's vice president Adriano Galliani confirmed on Sunday. Tevez has agreed personal terms with Milan, but City do not want to release him

Defeat unfair for Napoli, says Mazzarri

ROME, Dec. 18 (Xinhua) -- Napoli head coach Walter Mazzarri complained that his side did not lose to Roma but to deflections and refereeing decisions. The Partenopei attacked throughout the match, but were beaten 3- 1 at the San Paolo on Sunday. Roma