China IPO market may hit 39 bln USD in 2012: auditor PwC

SHANGHAI, July 3 (Xinhua) -- Funds raised through initial public offerings (IPOs) on China's Shanghai and Shenzhen stock exchanges is expected to reach 200 to 250 billion yuan (39.3 billion U.S. dollars) this year, top auditor PricewaterhouseCoopers

G8 Summit Ends with Consensus on Eurozone Reforms

WHITE HOUSE - U.S. President Barack Obama says the leaders of the worlds biggest economies are beginning to agree that more jobs and more growth will help reverse Europes economic crisis. The president spoke Saturday at the end of the Group of Eight

奥巴马促成韩日首脑会晤

奥巴马促成韩日首脑会晤 WASHINGTON President Obama brought together the leaders of Japan and South Korea to discuss cooperation on containing North Korea and its nuclear weapons programs. Japan and North Korea have had tense relations over

China to boost local gov't debt clean-up

BEIJING, March 1 (Xinhua) -- China will boost the clean-up of thousands of millions of local government's debt in 2012, so to guard against possible defaults that would hurt its banks, the country's banking regulator said Thursday. The country will f

Death toll rises to 5 in construction platform collapse

NANJING, March 10 (Xinhua) -- Three more workers died in hospital, bringing the death toll to five in platform collapse at a construction site in east China's Jiangsu Province. By 11 p.m., four others injured were still receiving treatment, and among

Van Marwijk quits as Dutch national team coach

THE HAGUE, June 27 (Xinhua) -- Bert van Marwijk has left his job as national team coach of the Netherlands, following the disappointing early departure at Euro 2012, the Dutch football association KNVB announced on Wednesday. After the exit Van Marwi

Report: Standard & Poor's is Under Investigation

A major American newspaper says the U.S. is investigating the financial services company that downgraded the U.S. credit rating for its faulty rating of mortgage securities that played a major role in the country's 2008 recession. The New York Times

IMF Approves New Loan for Greece

The International Monetary Fund has approved a new $36 billion loan for debt-ridden Greece, despite misgivings about the country's economic performance with a previous loan. The board of the Washington-based IMF on Thursday adopted a proposal by its

Higher Education Returns to Southern Sudan

South Sudan continues to move on after its successful independence referendum, announcing that its universities will reopen in mid-May this year. The souths universities need a lot of work before opening. Like most things in southern Sudan, its unive

Obama says shocked by Colorado shooting

WASHINGTON, July 20 (Xinhua) -- U.S. President Barack Obama Friday said he was shocked by the tragic shooting in Colorado, which killed 12, and his administration would endeavor to help victims in this tragedy. Michelle and I are shocked and saddened

New sea satellite system helps South Africans combat piracy

JOHANNESBURG, March 8 (Xinhua) -- In order to combat piracy and to improve maritime safety, South African authorities（当局官方） have begun using a sophisticated（复杂的精细的 ） navigation satellite system, it was announced on Tuesday

Hamas urges Egypt to open Rafah crossing

GAZA, Feb. 13 (Xinhua) -- The Gaza Strip ruler Hamas government on Sunday urged the Egyptian authorities to open the Rafah crossing point, which has been closed for two weeks amid Egypt's popular protests（抗议）. Palestinians in Gaza were harmed

China-Russia cooperation fosters prosperous Asia Pacific

MOSCOW, Sept. 3 (Xinhua) -- As giant neighbors and emerging economies in the Asia-Pacific region, the win-win cooperation between China and Russia will promote prosperity in the entire region, according to Chinese Ambassador to Russia Li Hui. China-R

IMF Gets Hundreds of Billions More for Emergency Loans

Nations around the world are pledging more money for emergency loans to help member nations of the International Monetary Fund cope with any new economic crisis. The Managing Director of the International Monetary Fund, Christine Lagarde, said the me

Coca-Cola to Invest $3 Billion More in India by 2020

Coca-Cola says it will invest $5 billion in India by 2020 - nearly triple more than originally planned - as it looks to capitalize on the growing market in the South Asian country. CEO Muhtar Kent said in a statement Tuesday that the additional $3 bi

White House denies agreement on one-on-one talks with Iran

White House denies agreement on one-on-one talks with Iran WASHINGTON, Oct. 20 (Xinhua) -- The White House on Saturday denied a press report saying the United States and Iran had agreed for the first time to have one-on-one talks over the latter's co

Yakubu set to join Guangzhou R&F in days

GUANGZHOU, June 28 (Xinhua) -- Blackburn and Nigerian striker Yakubu Aiyegbeni is set to complete his move to Guangzhou RF very soon, a top official of the Chinese Super League side said on Thursday. The deal is almost done as he has passed his physi

China sends its first female to space

JIUQUAN, June 16 (Xinhua) -- She is a wife. She belongs to China's one-child generation. On Saturday, 33-year-old Liu Yang becomes the country's first woman entering space. The home-grown Shenzhou-9 spacecraft, atop an upgraded Long March-2F carrier

US Congress Decides 2011 Federal Budget

The U.S. House of Representatives has passed a spending bill to fund the federal government through September. The last-minute agreement was reached nearly a week ago after intense negotiations between the White House and Congress, slashing $38.5 bil

湖南农民发明载人旅行箱

Tired of dragging your suitcase through busy airports? Here comes a solution: ride on it and honk your way through. 厌倦了在熙熙攘攘的机场拖着你的旅行箱？现在有办法了：骑在旅行箱上，一路鸣笛而过。 He Liangcai,