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Alibaba Group to become Yahoo’s major shareholder

Alibaba Group to become Yahoo’s major shareholder

In this Aug. 11, 2005, file photo, a man walks past a screen displaying the Yahoo and Ali Baba.com logos before a joint news conference by the companies at the China World hotel in Beijing. (File Photo=AP/NEWSis) HANGZHOU, May 21 (Xinhua) — The Alibaba Group, a leading Chinese e-commerce company, announced Monday it will spend […]

A host of economic challengies agonize Syria

A host of economic challengies agonize Syria

UN Secretary-General Ban Ki-moon speaks to the media at the UN headquarters in New York, the United States, April 19, 2012. Ban said here Thursday that the situation in Syria remains highly precarious, and he looks forward to an early action by the UN Security Council on his proposed expansion of the UN ceasefire observation […]

Joint statement issued after trilateral summit meeting

Joint statement issued after trilateral summit meeting

Chinese Premier Wen Jiabao, center, President of the Republic of Korea Lee Myung-bak, left, and Japanese Prime Minister Yoshihiko Noda attend the Fifth Trilateral Summit Meeting among China, ROK and Japan at the Great Hall of the People in Beijing, capital of China, May 13, 2012. <Xinhua/Huang Jingwen> BEIJING, May 14 (Xinhua) — The Fifth Trilateral Summit […]

Indonesian taekwondo athletes aim four golds

Indonesian taekwondo athletes aim four golds

Harsono Danie, an Indonesian Taekwondo player, performs ‘Kumgang Pumsae’ during 6th International Taekwondo Pumsae Competition at Olympiat stadium in Vladivostok, Russia, Jul 30, 2011. <File Photo> JAKARTA, May 11 (Xinhua) — Indonesian taekwondo competitors are expecting to grab four gold medals during the International Islamic Solidarity Games (ISG) in Riau Province in June 2013, a […]

A bank report: The rich will get richer in China

BEIJING, May 8 (Xinhua) — The head of a bank that recently launched a service aimed at China’s super-rich predicted Tuesday that the wealth of the country’s high net worth individuals (HNWIs) in 2015 will be more than triple that of 2010. The assets of HNWIs in China will accumulate in coming years, rising at […]

Iran: Sarkozy’s defeat stems from foreign policy failure

TEHRAN — Iran’s Foreign Ministry spokesman Ramin Mehmanparast said Tuesday that the result of French presidential election is an indication of people’s dissatisfaction with Nicolas Sarkozy’ s foreign policies. Talking in his weekly press briefing, Mehmanparast said that Sarkozy’ policies toward the Middle East developments, the issues in Afghanistan, the interests of Iranian nation and […]

Hu calls on U.S. to build cooperative partnership

Hu calls on U.S. to build cooperative partnership

Chinese President Hu Jintao addresses the opening session of the fourth round of the China-U.S. Strategic and Economic Dialogue in Beijing, capital of China, May 3, 2012. <Xinhua/Li Tao> BEIJING, May 3 — Chinese President Hu Jintao on Thursday called on China and the United States to break the traditional belief that big powers will […]

Mali militants urged to stop inhuman acts of criminal

Mali militants urged to stop inhuman acts of criminal

Civilians look on as soldiers loyal to junta chief Capt. Amadou Sanogo mass outside the parachutists military camp, after taking control in fighting against anti-junta forces, in Bamako, Mali, Tuesday, May 1, 2012. After fierce fighting in Mali’s capital Tuesday, troops loyal to the junta overran the main camp of the soldiers who tried to […]

Aung San Suu Kyi takes seat in Myanmar’s parliament for first time

Aung San Suu Kyi takes seat in Myanmar’s parliament for first time

Myanmar pro-democracy icon Aung San Suu Kyi(C) and elected lawmakers of her National League for Democracy party swear during a regular session of Myanmar Lower House at parliament in Naypyitaw, Myanmar, Wednesday, May 2, 2012. Suu Kyi was sworn in to Myanmar’s military-backed parliament Wednesday, taking public office for the first time since launching her […]

Reminiscent Of His Good Old Days

Reminiscent Of His Good Old Days

TRIPOLI — File photo shows Libya’s former oil minister Shukri Ghanem speaking at a press conference in Tripoli, Libya, March 9, 2011. Austrian police said Sunday the body of Shukri Ghanem was found in the Danube, APA news agency reported. Police said the cause of his death is still not immediately clear and an autopsy […]

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