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Gold Silver Equities Bonds Plunge On Fed Noise And China Debt Crisis Risk
Today's AM fix was USD 1,303.25, EUR 986.34 and GBP 842.38 per ounce. Yesterday's AM fix was USD 1,366.00, EUR 1,019.86 and GBP 874.91 per ounce.Gold fell $16.10 or 1.18% yesterday and closed at $1,351.00/oz. Silver sank to $21.25 and ended down 1.25%.Bonds, shares plus gold and silver fell sharply around the world this morning after the U.S. Federal Reserve again suggested an end to ...
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Astronauts teach Chinese schoolchildren in live link from space – video
A group of 330 school students in Beijing receive a live lecture from three Chinese astronauts in space. The scientists aboard the Shenzhen 10 aircraft teach the children about the properties of gravity while orbiting 340km above Earth. The 15-day mission is China's fifth manned space mission since ...
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China euro zone threaten U.S.-led economic recovery
LONDON (Reuters) - Factory output in China, the world's second largest economy, weakened to a nine-month low in June, combining with a continued recession in the euro zone to threaten a global recovery led by the United ...
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Beijings Pollution Alarms Neighbors
Severe air pollution on Jan. 12 in Beijing, China. Air quality index levels were classed as "Beyond Index." (Photo: Hung Chung Chih, ...
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China considers pipeline for shale gas
A pipeline slated to carry natural gas reserves from Chinese shale deposits would be the first project of its kind in the country, a Chinese company said. China National Petroleum Corp. announced plans to construct a 57-mile pipeline that would tie shale natural gas deposits in Sichuan province to an existing pipeline in neighboring Yunnan province. It would be the first such pipeline of its ...
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GLOBAL MARKETS-End to Fed stimulus China slowdown spark world sell-off
Thu Jun 20, 2013 6:54am EDT * Clear signal of Fed tapering sparks global asset selloff * MSCI World drops 1.9 pct in biggest 1-day fall for 12 months * Weak China data added to global growth concerns * Oil, gold, copper slump as dollar gains By Richard Hubbard LONDON, June 20 (Reuters) - The clear signal from the U.S. Federal Reserve that it will soon stop pumping money into the global economy ...
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RPT-WRAPUP 2-Asian markets hammered on China fears Fed exit plan
Thu Jun 20, 2013 6:33am EDT (Repeats to more subscribers) * Fed stimulus end, China weakness fuel broad-based selling * MSCI Asia ex-Japan slides 3.9 pct in biggest drop since 2011 * HSBC China "flash" PMI surprisingly weak, PBOC still tight * Asian currencies take a bath, Indian rupee at record low * U.S. Treasury yields hit 15-mth high, underpin US dollar (Updates with latest prices, ...
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COMMODITIES-Bruised by bleak China data Fed policy plan
Thu Jun 20, 2013 6:32am EDT * Gold plunges to lowest in 33 months * Oil slips more than $2, biggest daily drop in more than a month * China June flash HSBC PMI hits 9-month low * Coming up: U.S. existing home sales May; 1400 GMT By Lewa Pardomuan SINGAPORE, June 20 (Reuters) - Commodities fell sharply on Thursday as further evidence of slowing growth in economic powerhouse China added to a ...
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U.S. says Russia China among worst in human trafficking
An annual U.S. State Department report on Wednesday cited Russia and China among the world’s worst offenders in fighting forced labor and sex trafficking, which could lead to U.S. sanctions, prompting angry rebuttals from Moscow and Beijing. The report said Russia had failed to provide systematic safeguards for victims of trafficking. China, it said, had done too little to outlaw all ...
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Seven hurt in China stampede at Beckham event
SHANGHAI (AFP) - Seven people were hurt in a stampede Thursday as hundreds of fans rushed to see football superstar David Beckham at an event in China's commercial hub Shanghai, police and local media said.Beckham, who was visiting Shanghai in his role as ambassador to the troubled Chinese Super League (CSL), expressed hope that the injured would recover quickly after the event had to be ...
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China used military in Xinjiang exiled Uighur leader
TOKYO (AFP) - Exiled Uighur leader Rebiya Kadeer claimed Thursday the Chinese government used military force in the latest episode of what she calls "ethnic cleansing" in the troubled province of Xinjiang.Twenty-one people, including police officers and officials, were killed in violent clashes in the ethnically divided region on April 23, officials have said.Chinese state media has ...
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Five injured in China stampede to see David Beckham
BEIJING // At least five people have been injured in a stampede after fans stormed a stadium gate upon the arrival of David Beckham at a Chinese university today. Shanghai-based Tongji University said on its official microblog that four university employees and one foreign student have been sent to hospital with injuries. The state-run news site Xinmin Net said nearly 1,000 fans had gathered ...
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World China jails 19 Uighurs for religious extremism
Uighurs , ?a Turkic-speaking Muslim people who call energy-rich Xinjiang home, chafe at Chinese government restrictions on their culture, language and ...
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Asian Stocks Tumble On Bernanke Comments China Worries
Asian stocks tumbled on Thursday, with investor sentiment hurt by Fed Chairman Bernanke's comments signaling the end of bond buying by the middle of next year and concerns over slowing growth in China. Speaking at a news conference after a two-day Fed policy meeting, Bernanke yesterday indicated that the Fed is moving closer to slowing its bond-buying program later this year as long as ...
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Stampede over Beckham injures 5 in Shanghai
BEIJING -- At least five people have been injured in a stampede after fans stormed a stadium gate upon the arrival of superstar David Beckham at a Chinese university Thursday afternoon.Shanghai-based Tongji University says on its official microblog that four university employees and one foreign student have been sent to hospital with injuries.The state-run news site Xinmin Net says nearly 1,000 ...
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Government in wide-ranging negotiations with China - Muscat
MediaToday is an independent media house based in Malta. Copyright MediaToday Co. Ltd, Vjal ir-Rihan, San Gwann SGN 9016, Malta, Europe Reproduction of material from this website without written permission is strictly ...
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Hong Kong firm to buy 60 single-aisle Airbus jets
LE BOURGET, France - A Hong Kong aircraft leasing company has agreed to buy 60 Airbus single-aisle jets, which have been selling well at this week at the Paris Air Show.Hong Kong Aviation Capital placed an order Thursday for 40 of the new generation A320 jets and 20 new generation A321s. At list prices, the deal is worth $6.3 billion, but customers typically negotiate steep discounts on ...
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UPDATE 4-Oil falls $2 on China slowdown concern Fed plan
Thu Jun 20, 2013 6:18am EDT * China June flash HSBC PMI hits 9-month low * Bernanke says Fed likely to reduce bond buying this year * Coming Up: U.S. existing home sales May; 1400 GMT (Adds quotes, updates prices) By Alex Lawler LONDON, June 20 (Reuters) - Oil fell more than $2 a barrel on Thursday to a one-week low below $104, pressured by a survey pointing to a slowing Chinese economy and by ...
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Flood traps 100 in NW China school
Over 100 middle school students and teachers are trapped in their school following a flash flood that occurred Wednesday in the city of Tianshui in northwest China's Gansu Province, local authorities said Thursday. The Maiji Junior Middle School became isolated after a rainstorm washed away the only bridge linking the school, which is located in a mountainous area, to the outside, the ...
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Chinese tourism delegates showcase beauty of Yangtze River
A Chinese delegation seeking to boost tourism at China's Yangtze River has taken aim at several key cities in North America, including Canada's Toronto.Thirty delegates, from the China National Tourism Administration (CNTA), arrived in Toronto Wednesday on their last stop in North America. They also visited New York and Washington.Urging the audience to explore "Magical ...
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China Vietnam should seek South China Sea solution Chinese President
Chinese President Xi Jinping (L) and Vietnamese President Truong Tan Sang wave during a welcoming ceremony in Beijing, capital of China, June 19, 2013. Photo: Xinhua Chinese President Xi Jinping said Wednesday that China and Vietnam should push forward with seeking a political solution to the South China Sea issue.Xi and visiting Vietnamese President Truong Tan Sang held three-hour-long talks ...
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Chinese US space teachers exchange correspondence
After wrapping up her first lecture in space on Thursday, Chinese astronaut Wang Yaping replied to a letter from former US astronaut Barbara Morgan.In an email sent from China's orbiting space module Tiangong-1, Wang expressed her gratitude for a letter that Morgan had written to her."My colleagues and I were very glad to receive your letter so far away from Earth. Thank you for your ...
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Is China buying Egypt from the US
Chinese President Hu Jintao (L) and Egyptian President Mohamed Morsi review an honor guard during a welcoming ceremony at the Great Hall of the People in Beijing on Aug. 28, 2012. (Mark Ralston/AFP/Getty Images) CAIRO, Egypt -- ...
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Taiwan market HTC launches HTC Butterfly S and HTC Desire 600
HTC has unveiled an updated version of its Butterfly family smartphone, the HTC Butterfly S, as well as a midrange model, the HTC Desire 600, initially for the Taiwan market. The two models will be available starting June ...
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Chinas domestic film industry booms
film s to China jumped from 20 to 34. The figures show that Chinese films struggled to compete with their imported counterparts. However, so far this year things have been different. The domestic film market here is positively booming. China's domestic film industry has seen an extraordinary success in ...
Shanghai Focus
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Shanghai looking ahead to future
Shanghai is the commercial capital of China and the most populous city in the People’s Republic, with origins as a small fishing village, the city has grown into a global city with fingers that stretch across the world, exerting global influence over international cultural, commercial and political scenes. With major projects and programs underway, the future looks bright for Shanghai.
It was recently reported by international, Chinese and Shanghai news media that China had eclipsed Japan as the second-largest economy in the world. China’s GDP and economic activity has surpassed that of Japan for many decades, but the announcement was made on the back of a range of factors including imports and exports and the human development index within major cities such as Shanghai. Read more
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