2010年6月22日星期二

Yahoo! News: World - China

 
 
 
 
 
 
 
 

Yahoo! News: World - China

China punctures yuan euphoria, gains to be glacial (Reuters)

Posted: 22 Jun 2010 05:27 PM PDT

Reuters - China is only three days into its new era of currency flexibility yet it has already succeeded in puncturing market hopes for a money-making surge in the yuan, leaving investors resigned to a glacial rise at best.

China takes first step to honour yuan pledge (AFP)

Posted: 22 Jun 2010 08:42 AM PDT

A Chinese bank worker arranges US dollar bills next to stacks of 100-yuan notes at a bank in Suining in southwestern China. China has taken its first step towards honouring a vow to let its currency float more freely as US complaints that Beijing is stealing an unfair trade edge intensify ahead of a G20 summit.(AFP/File)AFP - China took its first step towards honouring a vow to let its currency float more freely on Tuesday as US complaints that Beijing is stealing an unfair trade edge intensify ahead of a G20 summit.

Visteon to expand auto parts plant in China (AP)

Posted: 22 Jun 2010 08:37 AM PDT

AP - Auto parts maker Visteon Corp. said Tuesday that it and a Chinese partner are expanding a plant in order to make air conditioning and heating equipment.

Dolby Laboratories opens research center in China (AP)

Posted: 22 Jun 2010 08:29 AM PDT

AP - Dolby Laboratories Inc., the audio technology company, said Tuesday it has opened its first research and engineering center in China.

'Moral concerns' halt publication of Tiananmen memoirs (AFP)

Posted: 22 Jun 2010 07:30 AM PDT

A 1998 photo of former Chinese Premier Li Peng. The publisher of former Li Peng's purported diary has said that it was moral rather than legal concerns that drove him to halt the release of the highly anticipated book.(AFP/Xinhua/File)AFP - The publisher of former Chinese premier Li Peng's purported diary said Tuesday that it was moral rather than legal concerns that drove him to halt the release of the highly anticipated book.

Rains burst levee in southern China, 88,000 flee (AP)

Posted: 22 Jun 2010 06:41 AM PDT

In this photo taken on Sunday, June 20, 2010, Chinese residents cross a flooded street with the help of a wooden boat in Dongxiang county in China's Jiangxi province. On Tuesday, President Hu Jintao and Premier Wen Jiabao have called for stepped-up rescue efforts after torrential rains brought down a dike in southern China, forcing 68,000 people to flee their homes. (AP Photo) ** CHINA OUT **AP - Torrential rains burst a dike in southern China, sending 88,000 people fleeing their homes and prompting China's top leaders to call Tuesday for stepped-up rescue operations.

Market ends down on housing data and technicals (Reuters)

Posted: 22 Jun 2010 01:31 PM PDT

A trader walks on the floor of the New York Stock Exchange, June 21, 2010. REUTERS/Brendan McDermidReuters - Stocks fell more than 1 percent in yet another late-day selloff on Tuesday as unexpectedly poor housing figures and the puncture of a key technical level sapped buying interest.

Thousands at risk from dyke breach in China (AFP)

Posted: 22 Jun 2010 05:11 AM PDT

Chinese rescuers help an injured man across a flooded street in Xiushui in China's Jiangxi province on June 20. Chinese authorities rushed to evacuate 12,000 people threatened by a dyke breach as the death toll from widespread flooding across the nation's south rose to nearly 200.(AFP/File/Str)AFP - Chinese authorities rushed Tuesday to evacuate 12,000 people threatened by a dyke breach as the death toll from widespread flooding across the nation's south rose to nearly 200.

China says it has cracked 'major' terrorist ring (AP)

Posted: 22 Jun 2010 04:29 AM PDT

AP - China said Tuesday that it had uncovered an unspecified "major terrorist organization," a claim that came just ahead of the anniversary of bloody ethnic rioting in the far western region of Xinjiang.

Report shows young Chinese workers more demanding (AP)

Posted: 22 Jun 2010 03:37 AM PDT

AP - Younger workers now make up the majority of China's migrant labor force and are quicker to speak up when they feel their rights are being violated than older workers, according to a report by the country's official trade union umbrella group that hints at one reason for the recent wave of labor unrest.

China says "concerned" about South Korea-U.S. drill (Reuters)

Posted: 22 Jun 2010 03:34 AM PDT

Reuters - China said on Tuesday it was concerned about reports that a U.S. aircraft carrier may join a military exercise with South Korea amid a tense standoff with North Korea over the sinking of a warship from the South.

Giant green algae slick heads towards China (AFP)

Posted: 22 Jun 2010 03:34 AM PDT

Chinese children play on a beach covered with algae in Qingdao in August last year. State media say a floating expanse of green algae covering 200 square kilometres (80 square miles) is heading towards China's east coast, threatening wildlife and the region's tourist industry.(AFP/File)AFP - A massive floating expanse of green algae is heading towards China's east coast, potentially threatening wildlife and the region's tourist industry, state media reported on Tuesday.

China insists yuan reform must be gradual (Reuters)

Posted: 22 Jun 2010 01:45 AM PDT

Reuters - China on Tuesday stuck to its guns on the pace of exchange rate reform, reaffirming that change must remain gradual and controllable.

Heavy rains in south China trigger dyke threat (Reuters)

Posted: 22 Jun 2010 01:24 AM PDT

A local resident navigates his boat in a flooded area of Fuzhou, Jiangxi province, June 22, 2010. A flooded river in south China has breached a dyke and threatens 145,000 residents, as heavy rains which have killed almost 200 people so far batter much of the region, state media reported on Tuesday. REUTERS/Aly SongReuters - A flooded river in south China has breached a dyke and threatens 145,000 residents, as heavy rains which have killed almost 200 people so far batter much of the region, state media reported on Tuesday.

China says has broken up terrorist group (Reuters)

Posted: 22 Jun 2010 01:11 AM PDT

Reuters - Chinese security forces have broken up a terrorist group and will give details later this week, the Ministry of Public Security said on Tuesday.

China's more flexible yuan edges down vs. dollar (AP)

Posted: 22 Jun 2010 12:16 AM PDT

A Chinese man pauses for a photo by a friend in front of a sculpture of a 100 yuan bill at an art district in Beijing, China, Monday, June 21, 2010. China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone could not rebalance world growth as it urged world leaders to carry out more fundamental reforms. (AP Photo/Muhammed Muheisen)AP - Proving that flexibility is a two-way street, the Chinese yuan edged lower against the U.S. dollar in spot trading Tuesday, a day after surging to a new high following the central bank's decision to let the currency trade in a wider range.

Muslim group urges sensitivity in China's Xinjiang (AFP)

Posted: 21 Jun 2010 10:52 PM PDT

Chinese paramilitary police stand guard outside the Grand Bazaar in China's farwest Xinjiang region on July 9, 2009 during the period of deadly ethnic unrest. The head of the world's largest Muslim grouping urged China on Tuesday to match economic growth in the restive region with more attention to other concerns of its Uighur minority.(AFP/File/Peter Parks)AFP - The head of the world's largest Muslim grouping urged China on Tuesday to match economic growth in its restive Xinjiang region with more attention to other concerns of its Uighur minority.

China state-owned banks buying dollars heavily: traders (Reuters)

Posted: 21 Jun 2010 08:35 PM PDT

Reuters - Chinese state-owned banks are aggressively buying dollars for the yuan on Tuesday, traders said, but it was not clear if the buying was due to Chinese central bank intervention to keep the yuan stable.

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