Rights activist urges China to grant Olympic pardon - Newsday
Posted 26 minutes ago
BEIJING - With China's image battered by the turmoil over Tibet and the torch relay, a human rights activist is urging Chinese leaders to pardon long-jailed prisoners in a gesture that could help dispel the rancor surrounding the Beijing Olympics ... [Link]

HK market to allow depository receipts for the first time - BusinessWeek
Posted 26 minutes ago
Hong Kong's stock exchange said Friday it will allow foreign companies to list shares through depository receipts for the first time, hoping to draw more business from abroad. The exchange said in a statement the July launch of Hong Kong depository ... [Link]

UTStarcom to Report First Quarter 2008 Financial Results on May 15, 2008 (PR Newswire)
Posted 27 minutes ago
UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced that it will report financial results for the first quarter of 2008 after the close of the market on Thursday, May 15, 2008. [Link]

China's developers face hard times in credit crunch
Posted 28 minutes ago
U.S. homebuilders aren’t the only ones reeling from the credit squeeze. China's builders are feeling the pinch too. [Link]

A real cool summer
Posted 33 minutes ago
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EV71 virus claims two more children
Posted 33 minutes ago
EASTERN China's Anhui Province reported two more fatalities from a viral illness, bringing the nationwide death toll to 34. The number of cases rose to more than 27,600. The two latest deaths were not in the worst-hit... [Link]

Relocation plan
Posted 33 minutes ago
BEIJING plans to relocate 20,972 rural residents from mountains to plains or towns to improve their living conditions and the environment in the next five years. The relocations involve 8,557 rural households in... [Link]

Crime increase
Posted 33 minutes ago
THE number of crimes recorded in Macau for the first three months of 2008 increased slightly by 8.6 percent year on year, with drug trafficking and drug abuse cases surging 55.6 percent and 31.3 percent respectively,... [Link]

Killer collapse
Posted 33 minutes ago
THREE pedestrians were killed and another three were injured after scaffolding collapsed in northeastern China's Heilongjiang Province yesterday. The accident occurred about 2:45pm when scaffolding for a wall... [Link]

Fatal landslide
Posted 33 minutes ago
SEVEN people were killed in a landslide in southwestern the southern Guangxi Zhuang Autonomous Region early yesterday, said an official with the regional work safety bureau. The landslide occurred at about 5am... [Link]

Three kidnapped in Nigeria
Posted 33 minutes ago
THREE Chinese construction workers have been kidnapped in southern Nigeria's Cross River State, Chinese Foreign Ministry spokesman Qin Gang confirmed yesterday. Qin added that China was making every effort to... [Link]

Jail term for kickback king
Posted 33 minutes ago
A HONG Kong jewelry tycoon was jailed yesterday for paying millions in illegal kickbacks to local travel agents to bring tourists to his showrooms as well as tax fraud and other offences. Tse Sui-luen, 71, the... [Link]

Labor laws draft gets published
Posted 33 minutes ago
CHINA'S Legislative Affairs Office of the State Council has made public the draft of implementation regulations for labor contract law to solicit public opinions. The draft mostly addresses the terms of labor... [Link]

Torch shines out in the attractions of Huizhou
Posted 33 minutes ago
THE Olympic torch was carried through scenic Huizhou in yesterday's relay, the third stop in Guangdong Province, with the local backstroker Chen Xiujun running the first leg. Chen, 22, finished first in the women's... [Link]

Gas can find sparks security boost
Posted 33 minutes ago
CHINESE museums and heritage sites are stepping up security checks after a full gasoline can was found inside an unspecified world cultural heritage site. According to the State Administration of Cultural Heritage,... [Link]

Security sips for travelers
Posted 33 minutes ago
WORKERS in some subway stations in Beijing have started asking passengers carrying bottled drinks to take drink to prove they are not carrying banned liquids like petrol, local media reported yesterday. China has... [Link]

Scenic river to get help to be constantly pretty
Posted 33 minutes ago
LOCAL authorities have announced a five-year plan to keep an iconic river in Guilin City, one of the most popular scenic sites in the southern Guangxi Zhuang Autonomous Region, flowing the year round. Under the... [Link]

Yuan gains likely to continue, but at slower pace
Posted 33 minutes ago
U.S. trade data released Friday suggest the strengthening yuan took its toll on China's exports before the pace of appreciation slowed last month, but most analysts are still predicting further yuan gains. [Link]

Burma warned over cyclone delays
Posted 44 minutes ago
The UN's humanitarian chief urges Burma to reconsider its attitude towards allowing aid teams into the country. [Link]

Rights activist urges China to grant Olympic pardon - Boston Globe
Posted 57 minutes ago
BEIJING— With China's image battered by the turmoil over Tibet and the torch relay, a human rights activist is urging Chinese leaders to pardon long-jailed prisoners in a gesture that could help dispel the rancor surrounding the Beijing Olympics ... [Link]

China producer price index up 8.1 pct - Baltimore Sun
Posted 57 minutes ago
SHANGHAI, China - China's producer price index, a key indicator of inflation, rose 8.1 percent in April over the same month a year earlier, the government reported Friday, as a top economic official sought new controls to cool rising prices. Greater ... [Link]

Child virus death toll in China rises to 34 - MSNBC
Posted 57 minutes ago
BEIJING - The United States is offering to help China in its fight against a viral infection that has killed 34 children, including two reported Friday, and sickened thousands of others. U.S. Health and Human Services Secretary Mike Leavitt is making ... [Link]

Hong Kong shares close lower on Shanghai drop, oil, broker downgrades ... - Forbes
Posted 88 minutes ago
HONG KONG (XFN-ASIA) - Share prices closed lower following losses in Shanghai, record oil prices and broker downgrades of large-caps HSBC and Hong Kong Exchanges and Clearing (HKEx). Investors were also cautious ahead of a long weekend, and key ... [Link]

Hong Kong stock index drops 1.5 percent - Boston Globe
Posted 88 minutes ago
HONG KONG— Hong Kong's key stock index dropped its third straight session Friday as investors sold real estate companies. The blue chip Hang Seng Index fell 386.62 points, or 1.5 percent, to 25,063.17. Francis Lun, general manager of Fulbright ... [Link]

Tibetan woman holds Olympic flame atop Everest - Reuters
Posted 88 minutes ago
EVEREST BASE CAMP, China (Reuters) - A Tibetan woman took the Olympic torch the last steps to the top of Everest on Thursday, realizing "a dream of all Chinese people", but rights groups criticized Beijing for politicizing the Games. "Long live Tibet ... [Link]

Sector Snap: Online travel stocks mixed, Priceline jumps (AP)
Posted 90 minutes ago
Online travel stocks traded mixed Friday, with Priceline.com Inc.'s stock rising to a multiyear high the day after the company reported swinging to a first-quarter profit and predicted full-year adjusted earnings above analysts' expectations. [Link]

Eleven killed in Sri Lanka bomb blast ahead of key local polls
Posted 91 minutes ago
TRINCOMALEE, Sri Lanka : Suspected Tamil Tiger rebels set off a powerful bomb killing 11 people and wounding 29 in Sri Lanka's east late Friday, a day ahead of a crucial local poll in the area, the military said. [Link]

Japan lawmakers vote to allow military use of space
Posted 109 minutes ago
TOKYO : Japanese lawmakers voted Friday to allow the military use of space, breaking a decades-old taboo in the officially pacifist country which has an increasingly ambitious space programme. [Link]

Don’t delay, junta!
Posted 2 hours ago
A team of climbers fulfilled a long-held goal of the Chinese government through carrying the Olympic torch to the summit of Mount Everest yesterday, which dominated today's headlines in China, as it should be. I doubt whether it is essential to put so many news reports on the Olympics. Some people may be overwhelmed by such propaganda campaign. As for ... [Link]

Audio: Hulbert sees red in China
Posted 2 hours ago
Mark Hulbert, editor of the Hulbert Financial Digest, asks are you thinking of investing in Chinese companies? A successful newsletter warns - don't! [Link]