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Goldman Sachs accused of trying to destroy China
Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world’s No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China.
The “Goldman Sachs Conspiracy,” which has sold over 100,000 copies since it was released in June, reaching popular website Sina.com’s...
China passes Japan to become World’s second-largest economy
Shipping containers pile up at a new container port in Wuhan, China on March 27.
After three decades of spectacular growth, China passed Japan in the second quarter to become the world’s second-largest economy behind the United States, according to government figures released early Monday.
The milestone, though anticipated for some time, is the most striking evidence...
Nationalist Conference in Japan. Europeans Invited
French National Front leader Jean-Marie Le Pen leads a delegation of far-right European politicians to Japan this week where they plan to visit Tokyo’s controversial Yasukuni shrine to war dead.
When asked about the visit to the shrine, which honours 2.5 million Japanese war dead including 14 top war criminals from World War II, the party’s deputy leader...
What It Means for Us Now That China Beats Japan
Saying “I told you so” isn’t always a sign of bad manners – not when good news is involved. Well, I did tell you to expect this: China has now raced past Japan to become the world’s number two economy.
Just last Christmas I wrote that China would blow past the Chinese economy this year. And so it has. Yi Gang, China’s top currency...
US-China Tensions Flare Over South China Sea Dispute
Tensions are growing between the United States and China after Washington weighed in on territorial disputes between China and Southeast Asian nations in the South China Sea.
China lays claim to maritime territories in the sea along with Brunei, Malaysia, the Philippines, Taiwan and Vietnam. While most of the territory consists of small islands, boulders, and strips...
North Korea Silent as US and South Korea Show Off Military Might
US Navy and South Korean ships sail in a 13-ship formation led by the Los Angeles-class attack submarine USS Tuscon (SSN 770) on July 26. The US and South Korea are conducting the combined alliance maritime and air readiness exercise 'Invincible Spirit' in the seas east of the Korean peninsula from July 25-28.
In response to North Korea’s sinking of a South...
Chinese Man Has Eaten 1,500 Light Bulbs Over 42 Years
Watts for breakfast ... Wang Xianjun, 54, claims to have eaten 1500 light bulbs over his life after developing a liking for its crispness.
Sichuan Province resident Wang Xianjun, 54, is known for being an “eccentric.” However, the word eccentric barely begins to describe this unusual man, as Wang is a self-declared lightbulb eater with a penchant for glass.
Ever...
Clinton Unveils $500 Million in Aid Projects for Pakistan
Secretary of State Hillary Clinton on Monday unveiled $500 million worth of civilian aid projects for key ally Pakistan, in an attempt to counter rampant anti-Americanism in the country by reaching out to the population with tangible help.
The aim of the projects was to show that the U.S. relationship “goes far beyond security,” and they ranged from restoring...
US warns India not to break Iran sanctions
UN Security Council members vote on broader military and financial sanctions on Iran
The US has warned India to honour UN sanctions against Iran after its foreign secretary criticised “unilateral” measures against Tehran over suspicions it is developing a nuclear weapons programme.
Phillip J. Crowley, a spokesman for the US State Department, said it was for...
Russia to deploy S-400 missile system at its border with North Korea
The S-400 long-range missile defense system.
Russia is planning to install two modern anti-missile defense systems on its border with North Korea, an employee of the Russian Defense Ministry says.
Russia has expressed “concern” since a row erupted between North and South Korea after the latter blamed the North of torpedoing its warship near the two countries’...
Indian mum tries to flush newborn down plane toilet
An Indian woman gave birth to a baby in the lavatory of an international passenger plane and tried to dispose of it down the toilet, media reports in New Delhi said on Thursday.
The infant was found stuck in the toilet after the plane landed in Amritsar, northern India, and was rushed to hospital still attached to the toilet bowl, police and doctors told the Press...
Japan court convicts New Zealander anti-whaling activist
A Tokyo court on Wednesday convicted a New Zealand activist of assault and obstructing Japanese whaling ships in the Antarctic Ocean, and sentenced him to a suspended prison term.
Peter Bethune was also found guilty on three other charges: trespassing, vandalism and possession of a knife. He had pleaded guilty to all but the assault charge when his trial started...
Cheap Made in China era coming to an end
In this file photo taken May 25, 2010, a dozen labor activists throw paper money in front of paper figures representing Chinese employees of Foxconn Technology Group, who recently died in China, outside the Foxconn office in Hong Kong. Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make...
US & China play chicken in the Yellow Sea
A first rate crisis is brewing in and around the Korean Peninsula that may well come to a head this week. The escalation of military tensions in the Yellow Sea that separates the Korean Peninsula from the Chinese mainland is likely to take two pathways – one originating in Pyongyang and the other in Beijing – or both.
As Washington and Seoul respond with...
Toyota says 270,000 vehicles have faulty engines
Toyota Motor Corp. said Thursday about 270,000 cars sold worldwide — including luxury Lexus sedans — have potentially faulty engines, the latest quality lapse to hit the automaker following massive global recalls of top-selling models.
Japan’s top-selling daily Yomiuri said in its evening edition that Toyota will inform the transport ministry of a recall...




















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