• China runs ahead with spending torch

    China runs ahead with spending torch

    05/03/2009 05:00

    Residents of rural China purchase a television and DVD player at the Shijihualiangouwu Market in Chenggong, Yunnan province. China took over the lead in the race to beat the global economic crisis on Thursday,...

  • Auto sales pressure US to provide aid or risk industry bankruptcy

    04/03/2009 05:00

    US auto sales in February fell to a worse-thanexpected rate and so low that the US Treasury will face pressure to give more money to General Motors Corp. and Chrysler LLC or let them fail, analysts say. Industry sales plummeted 41 percent last...

  • Australian economy shrinks for first time in 8 years

    Australian economy shrinks for first time in 8 years

    04/03/2009 05:00

    A shopper browses a rack of blazers at a clothing shop in Sydney on Wednesday. Australia’s economy unexpectedly shrank in the fourth quarter for the first time in eight years as exports and housing slumped,...

  • 20 die in prison clash in northern Mexico

    20 die in prison clash in northern Mexico

    04/03/2009 05:00

    Gang fighting in a prison in Ciudad Juarez of the northern Chihuahua state killed 20 and injured six on Wednesday, the prison’s director Oscar Hermosillo said. Federal riot police prepare to enter to end a riot at the state prison on the...

  • U.S. government launches new plan to help borrowers stay in homes

    U.S. government launches new plan to help borrowers stay in homes

    04/03/2009 05:00

    The U.S. government on Wednesday launched a housing plan designed to help prevent borrowers from losing their homes through refinanced mortgages or loans that are modified to lower monthly payments. U.S. Treasury Secretary Timothy Geithner...

  • Brown: Britain to work tirelessly with U.S.

    Brown: Britain to work tirelessly with U.S.

    04/03/2009 05:00

    Highlighting the special Anglo-American relationship, Prime Minister Gordon Brown on Wednesday told U.S. lawmakers that his country would work “tirelessly” with the United States on anti-terror war, Mideast peace and Iran’s nuclear issue. British...

  • International jewelry show opens in Hong Kong

    International jewelry show opens in Hong Kong

    04/03/2009 05:00

    More than 2,300 exhibitors from 46 countries and regions, a new exhibitor record, are taking part in the 26th annual Hong Kong International Jewelry Show, which kicked off Wednesday at the Hong Kong Convention and Exhibition Center. (Xinhua Photo)...

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