CHINA

The Global Fund Gets $1.6 Billion Shot In Arm

A woman clad in burqa walks out of the Nejat drug rehabilitation centre, an organisation funded by the United Nations providing harm reduction and HIV/AIDS awareness, in Kabul
The Global Fund, a leading financier in the struggle against AIDS, tuberculosis and malaria, expects to have an additional $1.6 billion to fund projects in 2012-2014, its new chief said on Wednesday, a turnaround from a funding freeze last year.

The ?Inappropriate? Chinese Holiday Village in Wales

Chinese Village in Wales
It was to be the first purpose-built retreat center for inhabitants of the world?s largest country, but plans for the £50m ($80m) Chinese holiday village in Wales were dealt a blow recently after inspectors deemed the design ?inappropriate.?
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South China Sea

China Launches Deep Water Oil Drilling In South China Sea

China's first deep-water oil drilling rig has begun operations in the South China Sea amid maritime tensions between Manila and Beijing over a disputed shoal in another region of the disputed waters, Chinese state media reported Wednesday.
The Toyota logo is shown on the front of a Prius Hybrid vehicle during the first press preview day for the North American International Auto Show in Detroit

Toyota Profit Climbs Amid Improving US Market

Japanese automaker Toyota Motor Corp said Wednesday that its net profit for the three months ending March 31 surged five times compared to a year earlier as the car market picked up in the US.
Group of Nine

China May Delay Selection Of Future Leaders

The top echelons of the Communist Party of China may be discussing a delay of a key congress later this year that would determine who will replace the nation's top nine leaders.
U.S. Secretary of State Clinton gestures as India's Foreign Minister Krishna watches during photo opportunity ahead of their meeting in New Delhi

India Explains To US Why It Needs Iran

India Tuesday conveyed to the US that it has to look at the Western sanctions on Iran beyond the issue of energy, as it has critical stakes in the region.
Gold and silver bars

Gold Prices Fall On Weaker Euro

Gold fell for a second day on Tuesday, under pressure from the slide in the euro on the back of political uncertainty in Greece and a change of president in France, while Chinese import figures did little to offset the impact of the weaker currency.

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