Declining foreign reserves may be from Chinese varying investments

2015-10-12 16:51:57

A desire on the part of Chinese households to diversify their investments may in part be behind the recent declines in China's foreign exchange reserves according to an economics professor.

Rising FDI behind CMB's investment-banking foray

2015-10-12 16:51:49

As China's economy continues to transition and the country increases its foreign direct investment (FDI) , financial institutions will be asked to provide more investment-banking services, according to executives with China Merchants Bank.

US ambassador to teach Chinese students conflict resolution

2015-10-12 10:06:10

A former US diplomat will be training Chinese students in Beijing in post-conflict resolution as part of a program that pairs US technical experts with students in China and teaches them best practices in a number of fields.

Chinese tourists expected to spend $422b overseas by 2020

2015-10-12 09:06:22

Retailers are advised to revise their international marketing plans for Chinese tourists, who are projected to spend $229 billion overseas this year and $422 billion by 2020, providing a huge potential market for global brands and retailers, according to a recent report.

Harvard's prestigious debate team loses as inmates excel

2015-10-09 06:24:48

Months after winning a national title, Harvard's debate team has fallen to a group of New York prison inmates.

Obama apologizes for US airstrike 'mistake' in Afghanistan

2015-10-08 10:50:33

US President Barack Obama has called Doctors Without Borders to apologize to it for the US mistaken bombing of the organization-run hospital in Afghanistan.

Clinton to detail sweeping plan to rein in Wall Street

2015-10-08 10:48:09

US Democratic presidential candidate Hillary Clinton on Thursday will unveil a sweeping plan to curb what she has said are the abuses of Wall Street.

UN official praises 'huge progress' in fight against climate change

2015-10-08 10:45:42

The world has made huge progress in its fight against climate change in the past five or six years, UN climate talks chief said on Wednesday.

Fifteen dead as South Carolina gripped by historic flooding

2015-10-07 10:25:20

South Carolina grappled with the damage wrought by record rainfall, as the death toll from widespread flooding rose to 15 on Tuesday and residents braced for more evacuations in areas near dams and swollen waterways across the state.

Snowden: I'd go to prison to return to US

2015-10-07 09:09:22

The former NSA contractor flew to Moscow two years ago after revealing information about the previously secret eavesdropping powers.

Obama outlines what success at Paris climate conference would look like

2015-10-06 23:51:40

President Barack Obama is "cautiously optimistic" about the prospect of a global climate agreement emerging from negotiations in Paris at the end of this year.

World Bank says globe has fewer poor

2015-10-06 08:29:41

Extreme poverty will this year fall to less than 10 percent of the global population for the first time, although there is still "great concern" for millions in Africa, a World Bank report said.