China

2008 Beijing Olympics

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Proud China

The Games dazzled with sporting brilliance and showcased the might of modern day China.  Full Article 

UPDATE 1-Fair Isaac to cut 250 jobs worldwide 5:10pm EST

Jan 7 (Reuters) - Fair Isaac Corp , a provider of credit-scoring system, said it would cut 250 jobs globally as part of an ongoing cost-reduction program and expects to reduce expenses by about $40 million in fiscal 2009.  Full Article

 
China experts score success against snail fever 5:00pm EST

HONG KONG, Jan 8 (Reuters) - Chinese scientists appear to have found a formula to get rid of "snail fever", an age-old but neglected tropical disease plaguing more than 207 million of the world's poor.

In China, schistosomiasis -- its scientific name -- is primarily caused by the parasite Schistosoma japonicum. Victims suffer fever, abdominal pain, cough, diarrhoea, fatigue and distended bellies in advanced stages of the illness, which renders them too weak to work.

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U.S. 3-year Treasuries sale heightens bubble worries 4:27pm EST

NEW YORK (Reuters) - Signs of fraying demand for U.S. government debt on Wednesday, especially among foreign buyers, are adding to concerns of a bursting Treasury price bubble, with potentially huge consequences for the world's top economy.  Full Article

 
UPDATE 3-Deals of the day -- mergers and acquisitions 4:06pm EST

Jan 7 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Wednesday. (For Reuters columns on deals, double-click on [DEALTALK/] )  Full Article

 
China urges deferral of Bashir war crimes case 1:43pm EST

KHARTOUM (Reuters) - China, the biggest investor in Sudan, said on Wednesday a war crimes indictment against Sudan's president would have a "disastrous" impact on the Darfur conflict and called for the case to be postponed.  Full Article

 
U.S. using China as financial "windshield": report 1:20pm EST

BEIJING (Reuters) - Developing nations have served as "windshields" to a U.S. economy battered by the global financial maelstrom, yet it is blaming them for a problem caused by its own policies, China's state media said on Wednesday.  Full Article

 
Lenovo unveils 2-screen notebook, consumer PCs 1:20pm EST

SAN FRANCISCO (Reuters) - Lenovo Group, seeking to set itself apart in a crowded field of laptop competitors, is releasing what the company says is the first dual-screen notebook computer.  Full Article

 
G20 finance ministers to meet on March 14-UK's Darling 1:09pm EST

LONDON, Jan 7 (Reuters) - Group of 20 finance ministers will gather in Britain on March 14 for a meeting to lay the groundwork for a leaders' summit on April 2, British finance minister Alistair Darling said on Wednesday.  Full Article

 
California quake could hit mortgage lenders -Aon 1:07pm EST

LONDON, Jan 7 (Reuters) - Poor earthquake insurance coverage in California means a major catastrophe in the quake-prone state could prove devastating for mortgage lenders as well as homeowners, the world's No. 1 reinsurance broker has warned.  Full Article

 
G7 finance ministers to meet on Feb 14 12:58pm EST

Jan 7 (Reuters) - Finance ministers and central bankers from the Group of Seven rich nations club will meet in Rome for their regular meeting on Feb 14, a G7 source told Reuters, as the world suffers its worst financial crisis in living memory.  Full Article