Punjab-China Business Fund Established
Wednesday, November 19, 2008 at 1:26 pm
SHANGHAI: To facilitate the investors and reduce their set up cost, Punjab Government has decided to establish “Punjab-China Business Support Fund”, the Provincial Chief Minister Mian Muhammad Shahbaz Sharif said. In an interview with state news agency the CM Punjab pointed out that an amount of US$ 1.25 million has already been allocated for the Support Fund. Chief... Read more »
China rejects sending army to Afghanistan
Tuesday, November 18, 2008 at 4:07 pm
BEIJING: China said Tuesday it would not send any troops to Afghanistan — rejecting recent speculation that Beijing might support the international coalition there. British Prime Minister Gordon Brown told New York’s Council on Foreign Relations on Friday that China could send troops because there was a global consensus that Afghanistan is the “the... Read more »
Tokyo Stocks Continue Losses On Strong Yen, Economic Worries
Thursday, November 13, 2008 at 12:49 pm
Tokyo: The Tokyo stock market extended its losing streak to end Thursday trading lower as the market sentiment was dampened due to persistent worries over the US economy and the yen trading stronger against other currencies. The Nikkei 225 Stock Average tumbled 456.87 points, or 5.25 per cent, to close at 8,238.64, a two-week low. The broader Topix index of all... Read more »
China Rejects Pranab Mukherjee’s Assertion On Arunachal
Wednesday, November 12, 2008 at 1:00 pm
China has rejected India’s assertion that Arunachal Pradesh was its integral part. Rather Beijing said that McMahon Line is “illegal” and the status of the border state was “never officially demarcated”. Chinese foreign ministry spokesman Qin Gang said on Tuesday that New Delhi had not taken into account “historical facts”. “We deeply regret the Indian... Read more »
First Chinese president in Central America
Tuesday, November 11, 2008 at 11:42 pm
San Jose, Costa Rica - Chinese President Hu Jintao is set to visit Costa Rica beginning Sunday, in the first visit by a Chinese leader travels to Central America. “It will be a historic visit,” a Costa Rican Foreign Ministry official told Deutsche Presse-Agentur dpa. Central America has traditionally favoured Taiwan, but Costa Rica switched recognition to... Read more »
Stronge Earth Quake hit to China 5 killed
Tuesday, November 11, 2008 at 7:09 pm
BEIJING: Five factory workers were killed when a building collapsed during a powerful earthquake that rocked northwestern China, state media said on Tuesday. The deaths were the first reported so far from the 6.5-magnitude earthquake that hit Qinghai province on Monday, about 150 kilometers (93 miles) northeast of the city of Golmud. The quake shook buildings hundreds... Read more »
China Regrets Mukherjee’s Remark on Arunachal Being A Part of India
Tuesday, November 11, 2008 at 6:42 pm
Beijing: The Chinese Foreign Ministry on Tuesday expressed regret over Indian External Affairs Minister Pranab Mukherjee’s statement that Arunachal Pradesh is an integral part of India. “We deeply regret the Indian side’’s remarks that take no regard of the historical facts. China and India have never officially settled demarcation of borders, and... Read more »
Japan’s Foreign Reserves Down To 977 Billion Dollars in October
Monday, November 10, 2008 at 9:43 am
Tokyo:Japan’s foreign reserves totaled 977.72 billion dollars in October, down 18.17 billion dollars from the previous month, the Finance Ministry said Monday. Japan held 853.02 billion dollars in foreign securities and 102.05 billion dollars in foreign currency deposits at the end of October. Foreign reserves shrank as Japan’s euro-based assets declined as... Read more »
China Airs Satisfaction Over Judicial Co-op With Australia
Saturday, November 8, 2008 at 2:49 pm
SYDNEY, Australia: Senior leader of the Communist Party of China (CPC), Zhou Yongkang, on Friday hailed China’s judicial cooperation with Australia. “China is satisfied with its cooperation with Australia in repatriating crime suspects, deterring illegal immigrants, fighting terrorism and conducting law-enforcement training,” Zhou said while meeting... Read more »
Nikkei Index Rising Above 9,000 Level
Tuesday, November 4, 2008 at 12:15 pm
Tokyo stocks ended Tuesday trading higher with the benchmark Nikkei index rising above 9,000 level as the market confidence was regained on a series of economic stimulus packages and the Asian stock market’s advance the previous day. The Nikkei 225 Stock Average surged 537.62 points, or 6.27 per cent, to close at 9,114.6. The index had lost 5 per cent Friday. The... Read more »
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