THE Transportation Department demanded documents related to Toyota's massive recalls in the United States yesterday to find out if the automaker acted swiftly enough. Toyota, meanwhile, said it will idle production...
CHINA trimmed its holdings of US debt by US$34.2 billion in December 2009, leaving Japan as the largest holder of US Treasury securities, the US Treasury Department reported yesterday.
The figures reflect demand...
THREE forest workers died while trying to put out flames that engulfed forests in southwest China's Yunnan Province yesterday, the local government said early today.
The three men were among 300 people fighting...
SIGNS that the economy is indeed strengthening gave investors a surge of optimism and sent stocks sharply higher.
The Dow Jones industrials soared almost 170 points yesterday on upbeat earnings reports and corporate...
OIL prices spiked above US$77 a barrel yesterday as the US dollar weakened and the stock market climbed on upbeat economic news.
Benchmark crude for March delivery rose US$2.88 to settle at US$77.01 a barrel...
SHANGHAI people last year had 14 cars per 100 urban households, up from 11 vehicles in 2008, according to the city's statistics authority.
It wasn't the only sign of increasing prosperity, according to the Shanghai...
A record 6.3 million college graduates are anticipated to hit the Chinese job market this year, a daunting number if the central government is to reach its goal of more than 80 percent employment for the group.
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ORDINARY Chinese have given new meaning to the character "Bei," which normally indicates the passive voice, choosing it as "character of the year" in 2009.
An online poll, conducted by a linguistic research center...
CHINESE police have been taking aim at cyber porn in recent days, announcing several raids on illegal operations in various parts of the country.
In central China, police raided a cyber pornography ring that...
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