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  • September 23, 2014
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  1. National pension agency to buy more shares

    Posted Nov 29th 2008, 12:00am by Staff Reporter

    ... Daniel Ren in Shanghai The national pension fund has pledged to invest in the mainland's moribund stock markets, a move that reflects Beijing's determination to help shore up investor confidence and lift the falling indices. The National Social Security Fund said it would increase stock purchases in order to seek long-term, stable returns, while reinforcing the central ...

  2. China Railway secures US$2.6b Libyan rail jobs

    Posted Feb 18th 2008, 12:00am by Staff Reporter

    ... Jeff Pao China Railway Construction Corp, the nation's second-largest railway builder, has won contracts in Libya worth US$2.6 billion to build two rail links, Xinhua said. The firm ... was the mainland's biggest contractor of overseas infrastructure projects, the agency said. The company clinched 43.9 billion yuan worth of contracts in 2006 and 89.5 billion yuan for the first 11 months ...

  3. Beijing prepared to sacrifice Olympics for national security, says US rights group

    Posted Mar 30th 2008, 12:00am by Staff Reporter

    ... Helen Wu Beijing is prepared to sacrifice the Olympic Games to counter threats to national security, a US-based human rights group leader has said. John Kamm, executive director of the Dui ... to endanger the country's sovereignty or territorial integrity. 'They will sacrifice the Olympics to preserve national security,' Mr Kamm said. 'The government is adopting a hard ...

  4. US easing visa restrictions for growth nations

    Posted Jun 05th 2008, 12:00am by Dennis Eng

    ... to travel to the US from June 17. The China National Tourism Administration and the US Commerce Department signed a memorandum of understanding last December 11, allowing mainland leisure travellers to visit the US in group tours. Administration chairman Shao Qiwei will lead the inaugural tour group to Washington on June 17. Only travel agencies approved under the so-called Group Leisure Tour ...

  5. Pakistan rejects agency link to bombing of Indian embassy

    Posted Aug 02nd 2008, 12:00am by Staff Reporter

    ... in Washington said US intelligence agencies suspected rogue elements in the ISI gave militants information to launch more effective attacks from Pakistan's tribal regions bordering Afghanistan. CIA ... are army officers. On the eve of Mr Gilani's visit, the government announced that the agency would report to the interior minister- the civilian security leader- only to backtrack hours later. ...

  6. Under new rules, police face sack if they mishandle petitioners, riots

    Posted Jul 25th 2008, 12:00am by Raymond Li

    ... Raymond Li Authorities are tightening the leash on police fter riots sparked by alleged police injustice. Several government agencies are saying for the first time that officers will be held to account for abuses of power and use of excessive force in dealing with petitioners. Several central government agencies, including the Communist Party's Central Commission ...

  7. SAFE in danger over agency debt holdings

    Posted Jul 17th 2008, 12:00am by Tom Holland

    ... They are by far the world's largest owners of US government agency debt, holding as much as half a trillion US dollars worth of the stuff many in financial markets now regard as close to toxic waste. In the old days, foreign reserve managers never used to buy agency debt. Instead they used to stick to the safest securities they could find: US Treasury bonds backed by 'the full faith ...

  8. Lawmakers barred from entering Macau on trip to oppose national security bill

    Posted Dec 21st 2008, 12:00am by Staff Reporter

    ... Eva Wu Nine pro-democracy lawmakers from Hong Kong who intended to join a protest against national security legislation in Macau yesterday were barred from entering the city. They and 15 ... and not interfere in its internal affairs. It said the national security legislation had undergone broad consultation. Mr Kam said the refusal would only damage the Macau government's reputation ...

  9. Credit rating agencies need to clean up act

    Posted Sep 26th 2008, 12:00am by Staff Reporter

    ... agencies. Up to last month, according to an analyst with UBS securities in New York, Standard and Poor's had downgraded 84 per cent of the investments in asset-backed Collateralised Debt ... by the United States' Securities and Exchange Commission. There are only three, including the smaller Fitch Ratings. It is not practical to have either a government agency or independent auditor ...

  10. Entry refusal a matter of national security

    Posted May 02nd 2008, 12:00am by Staff Reporter

    ... persona non grata during this sensitive period. This is not a matter of freedom of expression; it falls in the domain of national security. Denying entry to a champion of separatism is a statement ... civic responsibilities. If our citizens and the government are seemingly so embarrassed by, and reluctant to defend, national security, it is only natural that Beijing will be more anxious about ...




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