Chinese premier hails AU's active role in regional affairs
The African Union (AU) has played an active role in the region's political and economic affairs, Chinese Premier Wen Jiabao said ahead of the organization's 13th summit to be held on Wednesday in Sirte, Libya.
Oil drops nearly 4% on unexpected U.S. job losses
Oil prices dropped nearly 4 percent on Thursday as the United States lost more jobs in June than expected.Light, sweet crude for August delivery fell 2.58 U.S. dollars, or 3.7 percent, to settle at 66.73 dollars a barrel on the New York Mercantile Exchange, after earlier touching a month-low of 66.50 dollars.
Credit card debt up in China in Q1: central bank
China's credit card debt that was at least six months overdue rose 133.1 percent year on year in the first quarter to 4.97 billion yuan (727.67 million U.S. dollars), the People's Bank of China, or the central bank, said in a report Monday.
Prisoner Appeals for Transplant Approval
The Ministry of Justice is conducting an urgent review over a prisoner's appeal to have a kidney transplanted to save his brother's life.The Hubei Province Prison Administrative Bureau helped submit the appeal Monday morning after learning about the story from the media, Tuesday's Changjiang Times reported.
GM Awaits Judge's Decision
Creditors, who have objected to the sale of GM's good asset to the U.S. government and speedy emergence of GM from bankruptcy court, are delivering closing arguments Thursday morning.
Economist: China's economic recovery to be sustainable
Fan Gang, China's renowned economist and central bank advisor, said Wednesday that China's economic recovery is poised to make a U-turn."I believe the current recovery has been confirmed and can be sustained," said Fan, also a member of the monetary policy committee of the People's Bank of China, the count...
Chinese (嶄猟井)
