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Travel To Russia - Kamchatka
Kamchatka is still a mysterious and yet mostly undiscovered vast area. Its virgin lands and wonderments of treasured beauty are waiting to be explored and enjoyed by those willing to seek adventure.
Travel To Russia - Baikal Lake
One of the most spectacular and unspoiled places on earth, which attracts tourists worldwide, is lake Baikal, the deepest lake in the world. Baikal lake is considered to have the purest and most tasteful water known to man. The water in Baikal lake is so clean and clear that one can easily catch sight of fish some forty meters down (120 feet).
Teflon in cancer risk spotlight again
Non-stick cookware material Teflon has once again landed in the spotlight after a US independent review board said they believe a chemical used in making it poses more of a cancer risk than previously indicated.
Teflon in cancer risk spotlight again
Non-stick cookware material Teflon has once again landed in the spotlight after a US independent review board said they believe a chemical used in making it poses more of a cancer risk than previously indicated.
China to fill strategic oil reserve
China will start to fill its strategic oil reserve in the fourth quarter of this year with its own oil, according to sources with the administration of one of the reserve bases on Friday.
Siemens starts job cuts in handsets
German conglomerate Siemens AG is beginning to downsize staff in its money-losing handset business in China, following its plan to sell its handset unit to Taiwan-based BenQ early this month.
Chinese brokers primed to work the forex markets
Money brokers will be permitted to operate on the currency and foreign exchange markets on a trial basis for financial institutions, according to a statement released yesterday by the China Banking Regulatory Commission (CBRC).
First private oil group set up amid disputes in China
China's first private petroleum group, the Great United Petroleum Holding Co., Ltd (GUPC), announced its establishment Wednesday at the Great Hall of the People, a symbolic site of the People's Republic of China.
Unocal to vote on China National Offshore Oil Company takeover bid Aug.10
Oil exploration firm Unocal said its shareholders would meet August 10 to decide on takeover offers from US rival Chevron and China National Offshore Oil Company (CNOOC).
World must adapt to China and India - world bank
The world must adapt to Asia's rising superpowers China and India and avoid imposing tariffs to protect their economies, a World Bank official said on Wednesday.
Prudential Financial plans product launch
Bucking growth in a bearish market environment, Everbright Pramerica Fund Management Co Ltd, a joint venture between Everbright Securities and Prudential Financial, plans to launch a new equity fund product in China before October, according to the company's shareholders.
High-end steel tax returns
China has decided to reinstate a value-added tax on high-end steel products for export from July 1, ending preferential treatment enjoyed by steel makers since 1998.
Fixed yuan 'legitimate choice': world bank director
The World Bank's director for China said on Tuesday Beijing's fixed exchange rate policy was a "legitimate choice" and not a manipulation of the yuan currency, despite escalating rhetoric from Washington.
Auditor: Central government misuses US$1.1b of fund
Almost 9.1 billion yuan (US$1.1 billion) was misused by 38 central government departments last financial year, China's Auditor-General Li Jinhua announced yesterday.
In his annual report to the Standing Committee of the National People's Congress, Li gave details of embezzlement and misuse of funds across departments and relating to hospitals, universities, water projects, highway construction and scientific research.
COSCO raises Hong Kong $9.5b in IPO
China COSCO Holdings Ltd raised HK$9.52 billion (US$1.22 billion) in a Hong Kong initial public offering, after pricing the stock near the bottom of a proposed range amid tepid demand, sources close to the deal said.
Legislative discussion opens on reducing police rights
China's top legislators are considering reducing police powers to detain suspects in order to safeguard citizens' rights.
Security Watchdog: Quota for QFIIs set to increase
China's securities watchdog yesterday promised to increase the investment quota for qualified foreign institutional investors (QFIIs) as part of a multi-pronged effort to boost the stock market.
China's State share reform doesn't mean 'selling out'
China's top securities regulator said in Beijing on Monday, June 27, that the reform on non-tradable shares introduced recently aims at eliminating trading right difference between non-tradable and tradable shares, not floating all non-tradable shares at the stock market.
Hepatitis vaccine turns out a killer
Three health workers have been detained after a Hepatitis A vaccination programme killed one pupil and made 120 others ill. The tragedy unfolded in Sixian County in East China's Anhui Province.
China targeting sustainable economic growth
China will not pose a threat to the world as a result of its shortage of resources, as the world's most-populous nation is expected to sustain its economic growth through improving efficiency.
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