• Chinese bidder of looted sculptures refuses to pay

    Chinese bidder of looted sculptures refuses to pay

    01/03/2009 05:00

    A Chinese man who successfully bid for two looted bronze sculptures auctioned in Paris last week says his winning bid will not be paid. Cai Mingchao (3rd R), a collection advisor of National Treasures Fund who successfully bid for two looted...

  • Snowstorm to hit northeastern U.S.

    Snowstorm to hit northeastern U.S.

    01/03/2009 05:00

    U.S. weather authorities reported on Sunday that a snowstorm was moving toward northeastern U.S. and likely to leave snow as deep as 30 cm in some areas. People take photographs in snow at Times Square in New York, the United States, on March 1,...

  • Vegetable-based drug could inhibit melanoma: U.S. researchers

    Vegetable-based drug could inhibit melanoma: U.S. researchers

    01/03/2009 05:00

    Compounds extracted from green vegetables such as broccoli and cabbage could be a potent drug against melanoma, according to cancer researchers. “There are currently no drugs to target the proteins that trigger melanoma,” said Gavin Robertson,...

  • Stock market ‘capitulation’ needs shock trigger

    01/03/2009 05:00

    Are global stock markets set for “capitulation” after sliding to six-year lows and wiping out a stuttering recent recovery? One key factor is preventing that sharp, panicky selling of shares that cleans the stables out and heralds an equities...

  • India retail revolution on hold as slowdown hits

    India retail revolution on hold as slowdown hits

    01/03/2009 05:00

    An Indian customer shops for groceries at a neighborhood shop in New Delhi, where many shoppers still prefer local vendors to supermarkets It was hailed as the “great Indian retail revolution,” but a slowing...

  • ASEAN, Australia, New Zealand sign free trade agreement

    ASEAN, Australia, New Zealand sign free trade agreement

    01/03/2009 05:00

    A woman arranges flowers in front of a sign for the 14th Association of Southeast Asian Nations (ASEAN) Summit in Cha-am, Thailand on February 26 Southeast Asian nations signed a free trade pact with Australia...

  • Citigroup’s third US rescue may not be its last, analysts say

    Citigroup’s third US rescue may not be its last, analysts say

    01/03/2009 05:00

    The US government’s third attempt to help rescue Citigroup Inc. won’t stanch the company’s losses, which will continue to swell and may lead the bank to require more money in coming months, analysts said....

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