• Canada, U.S. vow closer co-op on Obama’s 1st foreign trip

    Canada, U.S. vow closer co-op on Obama’s 1st foreign trip

    19/02/2009 05:00

    U.S. President Barack Obama on Thursday paid a whirlwind working visit to Canada, during which both sides pledged closer cooperation on economy, climate change and global security issues. U.S. President Barack Obama (L) and Canadian Prime Minister...

  • Thai government plans $56.6 billion of investments

    Thai government plans $56.6 billion of investments

    18/02/2009 05:00

    Container ships are docked at Klong Toey port in Bangkok. Finance Minister Korn Chatikavanij said the Thai government will have more stimulus plans to help the economy, which may have contracted more than 20 percent in January...

  • China says forex assets safe but face ‘grave’ challenge

    18/02/2009 05:00

    China’s foreign exchange assets remained safe and even yielded profits last year despite the global financial crisis, a top forex regulator said Wednesday, before warning “grave challenges” lay ahead. “By the end of 2008, the national foreign...

  • Greenspan says US not doing enough to promote recovery

    Greenspan says US not doing enough to promote recovery

    18/02/2009 05:00

    Former Federal Reserve Chairman Alan Greenspan said the US may be doing too little to repair its financial system and promote an economic recovery. President Barack Obama on Tuesday...

  • Fed downgrades U.S. economic forecast for 2009

    Fed downgrades U.S. economic forecast for 2009

    18/02/2009 05:00

    The U.S. Federal Reserve on Wednesday sharply downgraded its forecasts for the nation’s economic performance in 2009. Graphics shows the U.S. Federal Reserve predicting the U.S. economy will contract further, on Feb. 18, 2009.(Xinhua/Zhang Liyun)...

  • Oscar win or loss, Winslet on threshold of history

    Oscar win or loss, Winslet on threshold of history

    18/02/2009 05:00

    Win or lose at Sunday’s Oscar ceremony, British actress Kate Winslet will enter Academy Award history. This composite image released by NASA March 7, 2007 shows Z Cam, a double-star system featuring a collapsed, dead star, called a white dwarf, and...

  • 24th Winter Universiade opens in Harbin

    24th Winter Universiade opens in Harbin

    18/02/2009 05:00

    Chinese state councilor Liu Yandong declared the 2009 World Winter University Games open on Wednesday evening, reeling off the biennial event here in China’s northeastern Ice City. Fireworks explode above the cauldron of the 24th World Winter...

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