BEIJING, Sept. 6 (Xinhua) -- China will raise the reserve requirement ratio by 0.5 percentage points for commercial banks to 12.5 percent in an effort to cool the booming economy, the People's Bank of
Shang Fulin, head of China's securities market watchdog, said that China's capital market has gone through fundamental changes, but still faces “a bumpy road ahead.““China's capital market, fuel
SAN FRANCISCO- Apple Incsharply cut the price of its iPhoneon Wednesday and revamped its full iPod line, including adding a model with a touch screen that can browse the Web and buy songs wirelessly.N
Fashion designer Alessandra Facchinetti is applauded after presentingthe Gucci spring/summer 2005 collection, in Milan, Italy , Sept. 30, 2004.[AP]Valentino Fashion Group said Wednesday it has appoint
Two old-school Beijing party animals teamed up with one of the partners from a historic South Street dive to bring the ten-kuai bar to Nuren Jie.The bartender is a young buck, hand-trained by the owne
MasterCard Worldwide released a report on luxuries market on September 4, 2007, saying that by 2016, young wealthy Chinese might spend $24.6 billion on luxuries, while elder wealthy Chinese might spen
Washington, Sept. 6 (Xinhua) -- An independent commission, composed of retired senior military and police officers, recommended to Congress on Thursday for U.S. troop reduction in Iraq to improve the
DAMASCUS, Sept. 6 (Xinhua) -- Syria said Thursday that its air defenses opened fire at Israeli warplanes that had entered its airspace at dawn and forced them to leave, but Israel said they are unawar
With the conclusion of the five-day 3rd Northeast Asia Investment and Trade Expo in the capital of northeast China's Jilin Province on Thursday, contracts of foreign investment worth 25 billion yuan (
BEIJING, Sept. 28 (Xinhua) -- A total of 36.32 billion yuan of15-year special treasury bonds will be on sale from Saturday, the third batch of 200 billion yuan in treasury bonds to be made available t