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Headline news of the day

China's grain market stable with good harvest
China's grain market won't see drastic fluctuations as a good harvest is expected this year, a senior economic planner said Tuesday at the World Economic Forum's annual Summer Davos meeting.

Japanese PM Naoto Kan wins ruling party vote
Japanese Prime Minister Naoto Kan will keep his job after an unexpectedly strong victory in a ruling party leadership vote on Tuesday.

BMW driver detained after running over child
A 3-year-old boy in Xinyi of Xuzhou in East China's Jiangsu province died under the wheels of a BMW, which ran over the boy four times in less than 30 seconds.

Experts rule out DPRK 'succession crisis'
The possibility of the so called "succession crisis" in the Democratic People's Republic of Korea (DPRK) could be ruled out, leading experts on the Korean Peninsula said at the fourth Summer Davos on Monday.

US moves on $60 billion Saudi arms deal
The Obama administration will soon notify Congress of an arms sale to Saudi Arabia worth up to $60 billion, US officials said on Monday, a potentially record-breaking deal that may help counter Iran's growing regional muscle.

Villagers ask for compensation over oil leak
Shao Delian, head of Hezuizi village in Dalian, believed that, if local fishermen just waited, they would never receive compensation from the State-owned oil giant whose facility leaked 10,000 tons of oil offshore two months ago.

Billionaire puts money where his true heart lies
It was, effectively, an acceptance letter to an invitation from fellow billionaires Bill Gates and Warren Buffett to attend a charity dinner on Sept 29 in Beijing, as well as a response to earlier pledges they made in the United States - agreed to by 38 other billionaires - to give, at least, half of their wealth to charity after their deaths.

Wen assures foreign firms in China
Premier Wen Jiabao assured foreign investors on Monday that China is still committed to creating an open and fair environment for them, amid recent complaints by some executives of multinational firms. China's stimulus package benefits world Recovery strength seen in China's economy Focus on sustainable growth Summer Davos Special

Tick bite poison isolated in ongoing research
A new bunyavirus has already been isolated as a possible pathogen of the tick bite cases in several Chinese provinces including Henan.

Halt to 'legal procedures' against the captain
China Tuesday demanded Japan "immediately terminate so-called legal procedures" against the detained captain of a Chinese fishing boat and his safe return home as soon as possible. Chartered flight brings crew home

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2010-09-14 20:07:48