China slashes interest rates to boost growth [2008-11-27 18:10]
China's central bank Wednesday cut the benchmark interest rate by 1.08 percentage points, the highest in 11 years, to stimulate the economy battered by the global financial and other economic woes.
Piracy situation grave off Somalia coast [2008-11-21 18:39]
The capture of the Saudi supertanker -- the Sirius Star -- off the coast of Somalia on Saturday has once again highlighted the severity of the piracy problem in the Gulf of Aden.
China's rail network receives boost [2008-11-21 11:03]
Investment in railway construction has reached a record high this year after the government announced a dramatic increase in spending on transport infrastructure to spur domestic demand.