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  • North Korean special envoy visits China to win confidence North Korean special envoy visits China to win confidence

    PYONGYANG, North Korea - In an indication that North Korea may give diplomacy a chance to end regional tension, its leader Kim Jong Un Wednesday sent a special envoy to China to win the confidence of its most important ally. The trip by Vice Marshal Choe Ryong Hae, a senior Workers' Party official and the military's top political officer, comes after months of ignoring Chinese warnings to ...

  • China central bank switches to liquidity injection

    The People's Bank of China (PBOC), the country's central bank, swung back to liquidity injection this week with 128 billion yuan ($20.9 billion) being pumped into the banking system through its regular open market operations. The PBOC move marked a turn-around in the central bank's open market operations last week when it drained 35 billion yuan from banks in the open market after hedging the ...

  • China hasnt used Pakistan against India Daily

    China has played a positive role in the continuous easing of the relationship between India and Pakistan, said a state-run daily which added, "China has not played balancing strategy, using one country against the other." An article in the Global Times said that when Chinese Premier Li Keqiang and his entourage flew from India to Pakistan Wednesday for a two-day visit, his plane was escorted by ...

  • Ford to close manufacturing operations in Australia slash 1200 jobs

    Ford will close its manufacturing operations in Australia and 1200 workers will lose their jobs in October 2016. Ford Australia president and CEO Bob Graziano said that the company would shut the Geelong engine factory, costing 510 jobs, and the Broadmeadows car assembly line, shedding another 650 positions, reports News.com.au. Sacked workers have been offered a 39 million-dollar rescue ...

  • `Ageing Asia to strain worlds long-term economic growth

    The Asia-Pacific region will continue to power global economic growth in 2013, but the region's increasing ageing population will cast a shadow on the long-term development, according to a Canadian think-tank. "Productivity gains and a large, young working-age population have done much to boost Asian economic growth over the past three decades. But Asia's demographic dividend is quickly coming ...


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Movie Review

Rounders

Even though it's not as good as it could have been , "Rounders" is certainly an educational experience. For those without a working knowledge of the in's and out's of gambling and all the slang and lingo associated with it, "Rounders" will be a real eye-opener. The best scenes in the movie take place at the poker table and allow us to safely watch professional gamblers easily taking advantage of k ... ...

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  • Retail sales in South Korea fall

    Retail sales in South Korea decreased last month as domestic demand remained in the doldrums amid the sluggish economic recovery, a government report showed Thursday. Total sales at three major discount outlets, including E-Mart, Lotte Mart and Homeplus, declined 9.8 percent in April from a year earlier, according to the Ministry of Trade, Industry and Energy. Combined sales at three major ...

  • Australia looks into allowing Sikhs to wear turban at work

    Australian Prime Minister Julia Gillard has said that she would look into the issue of allowing Sikhs in her country to wear the turban while at work and also while riding motorcycles. "We will work with your community to help make the necessary changes requested on cultural and religious grounds," the Blacktown Sun quoted her as saying Thursday during a visit to Gurdwara Sahib in the Sydney ...

  • Casual Khawaja set to prove critics wrong with worthy performance in Ashes

    Australian cricketer Usman Khawaja has said that he is often misunderstood by some in the Cricket Australia hierarchy, saying that he will prove them wrong by proving himself on the field and bringing home the Ashes. Khawaja has been largely stranded on the periphery in the past two years, playing only six Tests since his debut in an Ashes Test in Sydney in 2011, and against England, the Sydney ...

  • Kazakhstan defeat India in volleyball tourney

    Kazakhstan defeated India 3-2 in the China International men's volleyball tournament here. Kazakhstan won 25-12, 23-25, 24-26, 25-20, 15-7 Wednesday, reports Xinhua. "Our team is so young that they didn't cooperate well and made mistakes, but I am satisfied with their performance," said Gilyazutdinov Rafael, assistant coach of Kazakhstan team. "Our setup was bad today and that is why we lost ...

  • Four debutants in Dutch squad for Indonesia China friendlies

    Dutch football head coach Louis van Gaal has named four debutants in the squad for the friendlies in Indonesia and China in June. Heracles Almelo midfielder Lerin Duarte, Feyenoord leftback Miquel Nelom, Swansea City defender Dwight Tiendalli and FC Utrecht midfielder Jens Toornstra were included in the squad Wednesday, reports Xinhua. Ajax reserve goalkeeper Jasper Cillessen, who is yet to ...

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