UK Insists Further Negotiations on Compensation
UK insists a new round of negotiations with Iceland government to repay Britain savers' losses in the Icesave bank collapse with a flexible solution
EC Eyes on Carbon Tax
The European Commission would soon present a legislative proposal to introduce a carbon tax across the EU
Okada, U.S. Official Meet over Iran, N. Korean Issue
Japanese Foreign Minister Katsuya Okada met with visiting U.S. Deputy Secretary of State James Steinberg to deal with the Iranian and North Korean nuclear standoffs.
Premier Wen Jiabao: China Expects 8 Percent Growth This Year
Premier Wen Jiabao expects China's gross domestic product to grow 8 percent and consumer prices to climb about 3 percent this year
Obama Makes Final Push for Health Care Reform
Urging the Congress to vote on the bill in the next several weeks, President Obama said he's going to do everything in his power to make the case for reform
SPD Bank Confirmed Stake Purchase, Cooperation Talks
SPD Bank confirmed talks with China Mobile on stake purchase and strategic cooperation;trading of its shares would remain suspended
GM to Recall 1.3 Million Cars
General Motors Co. is planning to recall 1.3 million compact cars due to power-steering problems
DPRK and FM Micronesia Open to Chinese Tourists Group Next Month
DPRK and FM Micronesia will be added to the list of China's outbound tourism destinations for group tours from April 14
Australia Raises Key Interest Rate to 4%
Australian central bank raised its key cash rate by a quarter of a percentage points to 4 percent, effective Mar.3,2010
IMF: Ensure Financial Stability in Developed Countries
A report by IMF urged developed countries to promote fiscal discipline, make the medium-term financial plan and reduce the high debt to GDP ratio
Germany to Set off Internet Strategy in Mid-Year
Chancellor Angela Merkel has announced that an official internet strategy is set off for mid-year to promote economic development when addressing in the opening ceremony of CeBIT
China Three Gorges Turns to Jinsha River
China Three Gorges Project Corporation is shifting its core business into the hydroelectric development of Jinsha River
China Remains Biggest Holder of U.S. Treasury Securities
China remains the largest foreign holder of U.S. Treasury securities at the end of 2009
EU Economy Predicted Fragile Recovery
According to a forecast by the European Commission on Feb.25, the European Union economy will gradually increase by 0.7 percent, but still facing headwinds
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