South not lacking in oil

There is no oil supply shortage in South China, including Guangdong Province, Asia's top refiner Sinopec said yesterday in a rebuttal to recent media reports.

Chinese stake in UK's BG Group?

A Chinese State investment fund may increase its shareholding in BG Group Plc after acquiring 0.46 percent of the UK's third-largest gas producer, Cazenove Group said.

Shanghai, HK stocks fall

SHANGHAI: China's major stock index fell 3.81 percent yesterday after a spate of profit-taking by institutional investors, after the index crossed the 4500-mark during the day.

PLA budget to rise with the economy

China will increase defense spending progressively and commensurate with the growing economy, President Hu Jintao said yesterday.

69 miners survive 75-hour ordeal

All 69 miners who were trapped for more than three days in a flooded coalmine in Central China's Henan Province were rescued yesterday.

Thousands of HK firms face risk of shutdown

Having weathered numerous storms in the global market, Hong Kong manufacturers are facing another challenge to prove their business agility.

Hu stresses value of Sino-US dialogue

President Hu Jintao reiterated the importance of maintaining stable and mutually beneficial Sino-US economic relations, urging the two sides to make full use of the strategic economic dialogue (SED) to address issues of common concern.

Afghan forces warn of assault

GHAZNI, Afghanistan: Afghan army choppers dropped leaflets warning the Taliban of an assault to rescue 21 South Korean hostages, whose captors said were still alive after another deadline expired.

All In a day's work

Special Report

Global exercises boost trust

China wants to build mutual trust with other countries through a variety of ways, including military exchanges, says a senior People's Liberation Army (PLA) official.

Protecting nation a huge task

Swiss Colonel Christof Gertsch still remembers the first officer from the Chinese People's Liberation Army he met in Lebanon, where they both served as United Nations' military observers more than 10 years ago.