Government Debt Could Stifle Economic Recovery

The head of the International Monetary Fund says economic recovery is still possible, but it is getting harder. In Washington, IMF Managing Director Christine Lagarde said Thursday that troubled economies have fewer resources now than at the start of

中国忠旺拟收购美国铝制品企业

A controversial Chinese metals entrepreneur plans to acquire Aleris, a privately held American rolled aluminium products producer, for $1.11bn in cash plus $1.22bn in net debt. 一位引发争议的中国金属制品企业家计划以11.1亿美元现金

Volkswagen 2010 sales in China up 37 pct

SHANGHAI, Jan. 7 (Xinhua) -- Europe's largest carmaker, Volkswagen AG（大众汽车公司）, said Friday that it had sold 37 percent more vehicles on the Chinese mainland and Hong Kong in 2010, compared to sales in 2009. With 1.92 million vehicles

Inter beat Bari to lead in Serie A

ROME, Sept. 22 (Xinhua) -- Diego Milito broke his goal drought（进球荒） on Wednesday to help Inter Milan thrash Bari 4-0, while Roma slipped into（溜进） the relegation zone as they were beaten 2-1 by Brescia. Milito（米利托） was on t

北京发新规 举报间谍行为最高奖励50万

Beijing residents could be rewarded with up to 500,000 yuan if they can provide useful information on spies or related activities, according to a government policy that took effect last Monday. 根据于上周一生效的一项政府政策，北京市民

澳大利亚央行意外降息

SYDNEY, Feb.4 (Xinhua) -- The Commonwealth Bank of Australia ( CBA) is the first of Australia's big four banks to pass on the central bank's interest rate cut to home loan customers. The Reserve Bank of Australia cut interest rates by 0.25 percent on

欧洲央行准备注资万亿欧元

Stocks in both the Europe and the US market soared after the ECB announced a larger-than-expected bond-buying program. But some analysts express worries that the program may help only temporarily. Robert Halver is head of market research Baader Bank

欧洲央行保持利率不变

European Central Bank President Mario Draghi (C) and ECB vice-president Victor Constancio (L) meet the press at the new European Central Bank Headquarters in Frankfurt, Germany, 04 December 2014. [Photo: Imagine China] ECB Keeps Interest Rates Unchan

塞浦路斯议会委员会质疑央行行长

NICOSIA, April 16 (Xinhua) -- A committee of the Cypriot parliament voted on Tuesday to subpoena Central Bank Governor Panicos Demetriades to answer questions as to whether he had misled the parliament in relation to the mandate for a probe into the

土耳其央行降息旨在刺激经济增长

ANKARA, April 17 (Xinhua) -- The decision of Turkey's central bank to shave the main interest rate off by 50 basis points was seen by analysts as a bid to stimulate growth. Domestic demand was weak and the bank wanted to provide stimulus to the econo

中国央行今年内第六次降息刺激经济

China's central bank cut interest rates on Friday for the sixth time in less than a year, and it again lowered the amount of cash that banks must hold as reserves in a bid to jump start growth in its stuttering economy. 中国央行在本周五进行今

央行发布支付新规 微信红包过千元需认证

The People's Bank of China (PBOC) said on Monday that it would tighten the regulations on non-banking online payment platforms, to curb risks like financial fraud and money laundering. 中国人民银行28日表示，将加强对非银行支付机构网

Bayern humiliates Nuremberg 4-0

BERLIN, Oct. 29 (Xinhua) -- Bundesliga giant Bayern Munich defended top position with a 4-0 win over Nuremberg at the southern derby, Schalke earned a 3-1 victory over Hoffenheim owing a brace by striker Klaas Jan Huntelaar while Hannover lost to Mon

Bayern and Dortmund tie at German Bundesliga

BERLIN, April 9 (Xinhua) -- Division leader Dortmund sealed(封闭) a draw at the last second thanks to midfielder Jakub Blaszczykowski who netted the equalizer at the 90th minute on Saturday Bundesliga. Bayern continues their poor run under coach Lo

Bayern Munich narrows gap to front-runner Dortmund

BERLIN, March 31 (Xinhua) -- German record champion and second positioned Bayern Munich narrowed gap at the Bundesliga standings following a neat 1-0 win over Nuremberg at the 28th round on Saturday. At the southern derby, Jupp Heynckes side carved o

Bayern defeats Naples 3-2 at UEFA Champions League

BERLIN, Nov. 2 (Xinhua) -- German record champion Bayern Munich wrapped their third win in group A thanks to the hat rick by striker Mario Gomez against Naples within the first half on Wednesday. German giant Bayern staged a powerful performance agai

Loew may leave out Bayern nationals for Euro 2012 friendlies

BERLIN, April 28 (Xinhua) -- German head coach Joachim Loew will not call up national squad members of Bayern Munich for the first of two friendlies ahead of June's European Championship. Germany play Switzerland in Basle on May 26 and Israel in Leip

Bayern Munich signs veteran striker Claudio Pizarro

BERLIN, May 26 (Xinhua) -- Peruvian veteran striker Claudio Pizzaro joins German record champions Bayern Munich for one year, the club said on their official homepage on Saturday. After five years of absence, Pizzaro returns to the Bavarians where he

Bayern progress, Mainz shock Schalke in German Cup

BERLIN, Dec. 18 (Xinhua) -- Mainz flabbergasted Schalke 2-1 owing to the late winner by Nicolai Mueller whereas Bayern Munich progressed into the last eight following a 2-0 win at Augsburg in DFB Pokal (German Cup) on Tuesday. Ten men Bayern booked t

Yahoo to acquire Interclick for $270 mln

SAN FRANCISCO, Nov. 1 (Xinhua) -- Yahoo, which has been rumored to sell all or part of its business, announced on Tuesday that it is buying data-driven advertising network Interclick for around 270 million U.S. dollars. Interclick is a technology com