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Interest rate cut for Australia

An interest rate cut is expected as early as this week in Australia after job ads slid for the 11th month in a row and domestic prices continue to fall. Stephen Koukoulas, Global Strategist at TD secu...

2009/04/09 Source: Global Times | Author: | Column: Economy

KCNA: Kim Jong Il reelected DPRK's military chief

PYONGYANG -- The First Session of the 12th Supreme People's Assembly of the Democratic People's Republic of Korea DPRK elected leader Kim Jong Il as chairman of the DPRK National Defence Commission ND...

2009/05/22 Source: Global Times | Author: | Column: CHINA

Jordan heads Naismith Memorial Basketball Hall of fame

Micheal Jordan will be heading a five-member class into the Naismith Memorial Basketball Hall of Fame in September along with his Dream Team teammates David Robinson and John Stockton. The announceme...

2009/04/09 Source: Global Times | Author: | Column: Basketball

Porto, Arsenal grab favorable goals in away draws

FC Porto and Arsenal Tuesday forced draws away at Manchester United and Villarreal respectively, gaining advantages into the second legs of the Champions League quarterfinals next week. Substitute M...

2009/04/09 Source: Global Times | Author: | Column: Soccer

Thousands protest in Tamil rally

  Thousands of Tamil protesters forced the closure of London's Westminster Bridge for several hours, demanding the UK government take action to end war in Sri Lanka.   Eight rescue boats were...

2009/04/09 Source: Global Times | Author: | Column: Europe

Creating confidence in GM top priority: spokeswoman

The top priority in the marketplace now is to create confidence in the General Motors and its products, said a GM spokeswoman here on Wednesday. The first priority in the marketplace today is to creat...

2009/04/10 Source: Global Times | Author: | Column: Industries

Canada announces additional help for auto sector

Canada will provide additional help to the auto sector to prepare for the possible bankruptcy of U.S. automaker giants, Industry Minister Tony Clement said on Tuesday. A total of 700 million Canadian ...

2009/04/10 Source: Global Times | Author: | Column: Industries

Five cities to start trading in yuan

Five major Chinese cities were approved to use the yuan in oversea trade settlements, a move deemed as a step forward towards the renminbi becoming a global currency. Shanghai together with four citie...

2009/04/12 Source: Global Times | Author: | Column: Industries

China encourages domestic firms to invest overseas

China unveiled Friday an investment guide book to help domestic firms make foreign investments. The first batch of the guide book released Friday by the Ministry of Commerce covers 20 countries, such ...

2009/04/12 Source: Global Times | Author: | Column: Industries

Battered luxury brands eye Chinese market for growth

BEIJING, April 11 Xinhua -- While the developed world tighten their belts and focus spending on daily necessities, the big luxury companies are looking to China's new rich to buy their jewelry, clothe...

2009/04/12 Source: Global Times | Author: | Column: Markets