Wall Street rises, led by financials and energy stocks »

    NEW YORK, May 6 (Xinhua) -- Wall Street closed higher on Wednesday, as economic data indicated job losses slowed in April and investors thought the stress tests results of banks may not be as bad as expected.     The ADP employer [...]
 

Eurozone finance chiefs say no need for more stimulus »

Finance ministers from the Eurozone countries pronounced Monday which there is no need for one more impulse packages yet manage to buy foresee to be in the deeper recession.( full content retrieval unsuccessful) [...]
 

American Airlines reduces Mexico flights »

  World Tackles A/H1N1 Flu  [...]
 

Obama administration announces int’l tax law reforms to close loopholes »

Barack Obama: A 44th U.S. President   Global Financial Crisis    WASHINGTON, May 4( Xinhua) -- A Obama administration department upon Monday denounced a devise to remodel a U.S. general taxation laws, a pierce to tie taxation loopholes by offshore taxation havens. [...]
 

China central bank pledges “ample” liquidity to sustain growth »

 Global Financial Crisis    BEIJING, May 6 (Xinhua) -- China's central bank said Wednesday the economy is doing "better than expected" in the first quarter, and pledged to maintain "ample" liquidity in the financial system for economic recovery.     China would stick to [...]
 

Indicators point to China recovery »

 Global Financial Crisis    BEIJING, May 5 --  The economy is likely to expand 7 percent in the second quarter - up from the first quarter's 6.1 percent - even as it confronts the painful prospect of shedding industrial overcapacity, a top government think [...]
 

Swine fever restrictions mean end of Mexican flights »

China has lifted a series of people hold in siege to 160 to retard a probable widespread of a H1N1 pathogen causing hog fever. A pierce includes siege of 50 Mexican adults has resulted in a mount off in between [...]
 

Air China Cargo takes delivery of 747-400BCF »

China’s Taikoo Aircraft Engineering( TAECO) has finished a combi-to-freighter acclimatisation of a initial of 3 747-400 aircraft for Air China Cargo.Air China Load is reception a 37th 747-400BCF redelivery as well as a eighth acclimatisation from a combi model. A [...]
 

Crude prices surge to six-month high »

    NEW YORK, May 6 (Xinhua) -- Crude prices surged to a six-month high on Wednesday after a slowdown in private sector job losses in the United States boosted hopes for a turnaround in the economy.     U.S. private sector job losses [...]
 

No increase in rates, hints PBOC »

    BEIJING, May 7 --  The central bank will continue following a moderately loose monetary policy, its quarterly report said Wednesday, dispelling speculation that the stabilizing economy could prompt it to raise interest rates.    "The central bank will continue to ensure ample liquidity in [...]