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LATEST HEADLINES
Posted on 29 July 2010
LONDON, July 29 (Xinhua) -- The London stock market closed lower on Thursday, with the leading FTSE 100 index down 5.73 points, or 0.11 percent, to 5,313.95 points. Reed Elsevier topped the climbers, rising 3.8 percent, after its half-year revenues beat expectations. Continue Reading
Posted on 29 July 2010
NEW YORK, July 29 (Xinhua) -- Wall Street declined on Thursday after a Federal Reserve official made cautious comments on the U.S. economy. The market was higher at the open on Thursday after data from the Labor Department showed the number of people filling for jobless benefits dropped by 11,000 to 457,000 in the week ended July 24, basically in line with market expectation. Continue Reading
Posted on 29 July 2010
DAMASCUS -- A high-level official from the Syrian Foreign Ministry said on Thursday that the United States has no right to decide Syria's relationship with another country, referring to a speech by U.S. State Department spokesman on the upcoming talks between Syria and Saudi Arabia, the Syrian official SANA news agency reported. The unnamed official said Syria and Saudi Arabia are two independent states, which understand the ways to save their people and the people's interests better than anyone else. Continue Reading
Posted on 29 July 2010
LONDON, July 29 (Xinhua) -- The London stock market went up by midday on Thursday, with the FTSE 100 index up 42.39 points at 5,362.07 points. Reed Elsevier topped the climbers in the FTSE 100, rising 6.2 percent, after its half-year revenues beat expectations. Continue Reading
Posted on 29 July 2010
BEIJING, July 29 (Xinhua) -- China's recent ban on "prostitute parades" may showcase the country's growing respect for human rights and dignity during law enforcement, especially for criminal suspects, a political advisor said here Thursday. The "shame parades" had not only been humiliating, but also were in violation of Chinese laws and regulations, said Cao Yisun, a professor with the China University of Political Science and Law, and a member of the Chinese People's Political Consultative Conference (CPPCC). Continue Reading
Posted on 29 July 2010
BEIJING, July 29 (Xinhua) -- China Investment Corporation (CIC), the country's sovereign wealth fund, said Thursday in its newly released annual report that the rate of return on its global portfolio for 2009 was 11.7 percent, compared to a negative 2.1 percent in 2008. This is CIC's second annual report. The overall return on registered capital of the Chinese wealth fund reached 12.9 percent in 2009, after combining with the return of the China Huijin Investment Ltd., CIC's wholly-owned subsidiary which invests exclusively in China's domestic financial institutions. Continue Reading