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Crossover: Athens braces for crucial referendum on debt crisis

For more on the referendum vote, we talked to Endy Zemenides, Executive Director of the Hellenic American Leadership Council - which is a think tank specialized in Greek policy studies. He explained to us about the frustrations of eurozone finance ministers, and more about the format of Sunday's referendum.

Rival rallies ahead of crucial referendum

Mass rival rallies were staged in Greece on Friday, ahead of a crucial referendum on whether to accept an international bailout. Prime Minister Alexis Tsipras, who was elected on a promise to end austerity, is urging supporters to vote "no" to the latest deal.

China, EU to strengthen strategic cooperation

As Chinese Premier Li Keqiang has freshly wrapped up his Europe tour, China and the European Union have not only made substantial progress on cooperation during the visit, but also outlined a long-term cooperative direction for bilateral relationship.

Divers recover more bodies from capsized vessel

Divers recovered more bodies Friday from the ferry that capsized in the Philippines. The ferry overturned in choppy waters off Ormoc City Thursday. The death toll has now reached 51, and there are still more than a dozen people missing.

ISIL Egypt affiliate says it fired rockets

Egypt militants affiliated to the Islamic State have claimed responsibility for a rocket attack on Israel.

Optimism in Vienna over possible lasting deal

It seems a deal could be within reach in Vienna to limit Iran's nuclear activity in exchange for sanctions relief. A senior Western diplomat says all sides are "coming to the end" and that while talks may run past Tuesday. It won't be a long extension.

New US document looks at global security challenges

The report - the first update to the document since 2011, was unveiled by the Chairman of the US Joint Chief of Staff, Martin Dempsey.

PLA navy holds live-fire drill

The People's Liberation Army navy has conducted a live-fire confrontation drill in the Yellow Sea.

3 killed, more than 70 injured in Xinjiang earthquake

So far, three people have been killed, with more than 70 others getting injured in Xinjiang Earthquake.

Premier Li calls for expanded China-ASEAN relations

Premier Li Keqiang says China will work with Singapore to push for sound, sustainable development of the China-ASEAN partnership. In talks with the visiting Singaporean President, the premier called ASEAN "a diplomatic priority" for China.

Greek campaigns neck and neck before crucial referendum

Greek campaigns neck and neck before crucial referendum

Solar Impulse lands in Hawaii, completing historic flight

Solar Impulse lands in Hawaii, completing historic flight

U.S. boosting security measures ahead of July 4th

U.S. boosting security measures ahead of July 4th

Saudi-led coalition airstrikes intensify in Sanaa, 16 dead

Saudi-led coalition airstrikes intensify in Sanaa, 16 dead

One month on, no major drug price changes

In May, China's top economic regulator announced that it would remove the price ceiling of most pharmaceutical drugs, starting from June 1st. The move is one of many aimed to bring market competition back to the Chinese healthcare system and reduce medical costs.

Downpours continue to lash southern regions

The heavy rainfall alert remains across China’s south. Heavy downpours are forecast to continue in at least nine provinces and autonomous regions until Saturday afternoon with the country’s meteorological bureau issuing the second highest alert for the wet weather in these regions.

Chinese FM: Everything in place for deal

Top diplomats from six world powers and Iran are racing to meet a new July 7th deadline for a nuclear agreement. Chinese Foreign Minister Wang Yi has voiced optimism over a deal which would see Iran curtail its nuclear program in exchange for the partial lifting of international sanctions.

Studio interview: Short-sellers responsible for recent slump?

For more in-depth analysis on this matter, we're joined in the studio by Ding Yifan. He's the deputy director of the Institute of World Development under the Development Research Center of the State Council.

China Investment Corp. posts 5.47% return rate

China's Sovereign Wealth Fund, China Investment Corporation, has posted a return rate of nearly 5.5 percent in 2014 in outbound investments.

China streamlines registration to encourage startups

China's State Council has announced it will speed up a process to streamline the registration system for startups in the country.

Chinese equities slip into bear market

The rollercoaster week was capped by another day of big losses across the board on Friday with the benchmark index ending down almost 6 percent.

Pakistan train accident kills at least 17

A military spokesman says at least 17 people have been killed after four rail carriages carrying hundreds of military personnel and their families fell into a canal in the northeast Gujranwala district on Thursday.

China, Singapore pledge to further lift up relationship

Chinese President Xi Jinping held talks with his Singaporean counterpart Tony Tan Keng Yam on Friday and they pledged to further elevate the bilateral ties between the two countries.

Chinese premier's Europe visit sets new stage for bilateral cooperation

Chinese Premier Li Keqiang's just-concluded visit to Europe has set a new stage for China-Europe cooperation, with strengthened commitment to a wide range of areas including development strategies, climate change, exploration of third-party markets and cooperation in traditional areas.

6 killed in Xinjiang 6.5M quake, 3,000 houses damaged

Chinese authorities have initiated an emergency response after a 6.5 magnitude earthquake struck its northwestern Xinjiang Uygur Autonomous Region.

255 victims of Taiwan water park blaze still in hospitals, 2 dead

In Taiwan, doctors are warning of a critical period for those injured in a blaze in a water park in New Taipei city.

Poroshenko calls for new sanctions against Russia

Ukrainian President Petro Poroshenko says that the EU extending its sanctions against Russia is very important for Ukraine.

No breakthrough between IAEA, Iran

The head of the International Atomic Energy Agency or IAEA, has said a deadlock still remains over crucial questions around Iran's nuclear programme.

FM: China will maintain financial cooperation with Greece

China has said it will continue to promote two-way cooperation with Greece, including in the financial sphere. Chinese foreign ministry spokesperson Hua Chunying added that China has used concrete actions to respond to Greece's concerns and requests on overcoming its current debt crisis. Chinese Premier Li Keqiang said during a visit to Brussels this week that China did not want to see Greece leave the eurozone.

China objects to 'China threat theory' in report

China has expressed its discontentment and objection to the updated National Military Strategy from the Pentagon.

China streamlines registration to encourage startups

China's State Council has announced it will speed up a process to streamline the registration system to start businesses.

Shanghai Composite Index down 5.77%

Another tumble for the Chinese stock market. The Shanghai Composite Index opened low and kept falling until about 10:30 A-M when a rally by banking stocks reversed the losses.

Successful visit of Premier Li Keqiang to France: high efficiency, new thought, breakthrough

Premier Li Keqiang visited France June 29 to July 2 as the Sino-French relationship enters a new stage.

At least six dead in S. Korea chemical plant explosion

An explosion at a chemical plant in South Korea killed at least six workers and left one injured.

More bodies recovered from capsized boat in Philippines

In the central Philippines three more bodies are recovered from a capsized ferry, raising the death toll to 41. The Philippines coast guard says 12 remain missing. At least 134 people from the ferry were rescued or swam to safety off Ormoc city on Leyte Island on Thursday.

China Southern Airlines flight made an emergency landing in Sanya

A China Southern Airlines flight from the Chinese city of Guangzhou to Bangkok in Thailand has made an emergency landing in South China's Sanya city.

Latest poll shows Greeks accepting lender proposal

Greeks are preparing for a crucial weekend referendum that could decide the country's financial fate. The latest poll shows voters barely favor accepting international lenders bailout extension proposal. The country is almost evenly devided over the vote.

Crossover: Li Keqiang arrives back in Beijing after 5-day trip

For more, we spoke to Dr. Duncan Freeman from the Brussels Institute of Contemporary China Studies. He told us that cooperation in increasing production capacity has been a highlight of Premier Li's visit, and so was China's support for the Juncker Plan.

President Xi's envoy to attend Micronesian president's inauguration

Wang Hong, head of China's State Oceanic Administration, will attend the inauguration of the new Micronesian president Peter M. Christian on July 10 as an envoy of President Xi Jinping.

Famous short-selling cases related to Asian markets

China has allowed short-selling tools in the A share market but the direct short-selling of stocks is rare due to high transaction costs. Most shorting orders are placed on index futures. And the recent opening of the Shanghai Hong Kong stock connect has also introduced ways for Hong Kong investors to short mainland shares through the facility.

Listed companies propose to safeguard stability

As Chinese stocks continue to plunge leaders of the first batch of 28 companies listed on the Nasdaq-like ChiNext board have put out a joint statement to call for cooperation to stem the selling.

Shanghai Composite Index down 5.77%

Long and short forces launched a back-and-forth battle today in A-share market in China. The index opened low and kept falling until about 10:30a.m. when a rally by banking stocks reversed the losses.

CFFEX on the lookout for abnormalities

The China Financial Futures Exchange, the country's first financial derivatives exchange, has been monitoring data for abnormalities. It's also been communicating with its member organizations and institutional clients over the phone.

Close-up views of Israeli culture in China

The Israel Chamber of Commerce in Beijing, IsCham, opened the doors of its business and culture center in the heart of the 798 Arts District in China’s capital city last Sunday afternoon.

Interview: Five day visit bears fruitful achievements

For indepth analysis, we are joint by Dr. Duncan Freeman from Brussels Institute of Comtemporary China Studies.

BP reaches $18.7 billion settlement over deadly 2010 spill

BP will pay up to 18.7 billion US dollars in penalties to the US government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in US history.

IMF OKs $1.7 billion loan payout to Ukraine

The International Monetary Fund says its staff has reached an agreement with Ukrainian authorities on policies needed for the lender to disburse 1.7 billion US dollars under a loan program.

Greeks struggling with capital controls, tourism hit

Greeks must soon decide whether to accept continued austerity measures, or say no and possibly be forced out of the euro.

241 victims of Taiwan water park blaze still in hospitals

It's now six days after the accident in New Taipei city. There are still more than 240 people receiving treatment in hospitals. Among them, 184 are in a critical situation.

'Yes' and 'no' campaigns launched in the Greek streets

"Yes" and "no" campaigns are launched in the streets of Athens, as Greeks prepare to go to the polls to decide whether the country should accept European Union financial aid under the austerity conditions requested by the country's lenders.

Chinese FM: Possibility for Iranian nuclear deal very high

A comprehensive Iranian nuclear deal is very likely to be reached after intensive meetings between Iran and six world powers, said Chinese Foreign Minister Wang Yi on Thursday.

4 dead in 6.5-magnitude Xinjiang earthquake

Four people have been confirmed dead and 48 others injured in a 6.5-magnitude earthquake that struck northwest China's Xinjiang Uygur Autonomous Region on Friday morning.

Counter-terrorism excercise held on subway in Shanghai

In China' Shanghai, a counter-terrorism excercise is underway. The two-day excersice begin on Friday morning in a subway.

Spain struggles biggest unemployment after Greece

Well events in Greece are being closely watched across Europe, no more so than in Spain. The Eurozone’s fourth largest economy is still emerging from its own financial crisis. But there are other parallels between the two countries.

How much Greece owes to its int'l creditors

The Greek debt crisis has gone from bad to worse. Greece has become the first developed country to miss a debt payment to the International Monetary Fund.

Chinese FM: Good chance of Iranian nuclear deal

Six world powers are still some way away a breakthrough on Iran nuclear talks. Foreign ministers flew in to the capital city of Austria to make a final push for a swift deal, in order to resolve disputes over how sanctions could be lifted and how Iran's compliance will be monitored.

Premier Li wraps up Europe tour

Chinese Premier Li Keqiang has wrapped up his five-day visit to Europe and is now back in Beijing. The final day of his trip took him to Toulouse, southwestern France.

CENC: 6.5-magnitude quake hit Pishan County

Five people have been confirmed dead and 48 others injured in a 6.5-magnitude earthquake that struck northwest China's Xinjiang Uygur Autonomous Region on Friday morning.

Services activity slows to 5-month low

Activity in China's services sector slowed to its lowest in five months in June, suggesting the economy still needs further policy support despite some signs of steadying.

Chinese premier returns from EU visit

Chinese Premier Li Keqiang was back in Beijing on Friday after his five-day visit to the European Union.

Foreign ministers meet in Vienna for final deal

Foreign ministers from Iran and the P-5 plus 1 countries met on Thursday, after all sides agreed to extend the deadline for a final accord from June 30th to July 7th.

38 people dead, 15 still missing in Philippines ferry accident

The death toll from a ferry accident in central Philippines has risen to 38, with 15 people still missing.

Iran president meets with IAEA director general

The Iranian President Hassan Rouhani has met with the director general of the International Atomic Energy Agency, Yukiya Amano in Tehran...in a move aimed at reaching a final deal with world powers.

CENC: Quake measuring 6.5 hits Xinjiang

An earthquake measuring 6.5 on the Richter scale jolted Pishan County of Hotan prefecture in southern Xinjiang, around nine A.M.

Merkel's office summons U.S. ambassador over spy claims: report

German Chancellor Angela Merkel's office summoned the U.S. Ambassador to Germany on Thursday to discuss new allegations about National Security Agency (NSA) spying, according to German media reports.

Iran, IAEA agree to set timetable to resolve technical nuke issues: president

Iran will resolve remaining technical nuclear issues in close cooperation with the International Atomic Energy Agency (IAEA) in a specific timetable, Iranian President Hassan Rouhani said here on Thursday.

Exclusive interview: Chinese Premier Li wraps up visit with multiple deals

Exclusive interview: Chinese Premier Li wraps up visit with multiple deals

Greek PM sees debt deal within 48 hours after Sunday referendum

Greek Prime Minister Alexis Tsipras appeared confident on Thursday evening that the reforms for cash debt deal Greece has been seeking for five months with creditors will be reached within 48 hours after Sunday's referendum regardless of the result.

Spotlight: Production capacity cooperation opens new opportunities for China, Europe

Production capacity cooperation has increasingly shown up as a new "business card" of Chinese Premier Li Keqiang.

Chinese firms on song with growing consumer base

Chinese firms on song with growing consumer base

Comprehensive Iranian nuclear deal supposed to be reached

The basic elements for reaching a comprehensive nuclear deal has been provided, and there should be an accord to be agreed on in the final talks, Chinese Foreign Minster Wang Yi told reporters here on Thursday.

How Uruguay became default's poster child

How Uruguay became default's poster child

Beijing installs air-purifier at bus stop

Beijing installs air-purifier at bus stop

BP to pay $18.7B to US and Gulf states

BP will pay up to US$18.7 billion in penalties to the US government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in US history.

US asks Switzerland to extradite 7 FIFA officials

The United States has submitted a formal request for Switzerland to extradite seven FIFA officials arrested in Zurich as part of a corruption probe that has rocked soccer's world governing body.

Pandas make debut in cooler north China

A pair of giant pandas from the China Conservation and Research Center for the Giant Panda saw public in the Siberian Tiger Park of Jilin Province on Wednesday. The pandas, one male and one female, eight years old and seven years old respectively, will be raised here for three years.

Italy Coast Guard rescues 900 more refugees at sea

Italian coast guard ships and vessels from a multi-nation naval mission and humanitarian organizations rescued at least 2,900 migrants Sunday from 21 boats launched by smugglers from Libyan shores, authorities said.

IAEA Director General visits Tehran

The United Nations atomic agency's chief will meet Iran's president on Thursday, in an effort to 'accelerate' probes into the country's nuclear past that may hinder an accord with world powers.

Greek FM Varoufakis confident banks will reopen Turesday

Greek finance minister says banks will open Tuesday, deal with Europe 'a certainty'

Sweden's relationship with Cuba

Sweden's relationship with Cuba

Egypt in state of war after massive Sinai assault

On Wednesday July 1, Islamic State launched a string of massive attacks on Egyptian forces in the Sinai Peninsula. Islamic State affiliate Ansar Bayit al-Maqdis (Waliyat Sinai) simultaneous attacked at least five military checkpoints and a police station in Sheikh Zuweid in northern Sinai this morning. At least 100 people died in the fighting that was still continuing hours later.

DC Navy Yard 'shooting' a false alarm

A key Navy site in the US capital went on lockdown after reports of shots fired in the same building where a gunman killed 12 workers in a rampage two years ago, but officials said those reports were unconfirmed, with no evidence of a shooting and no weapons found.

French leaders woo Chinese investors as trip ends

Chinese Premier Li Keqiang on Thursday assured the French business community of China's economic prospect and invited them to invest in the world's second-largest economy, before wrapping up his official visit to France.

Enrollment drops at Shanghai international schools

The school year has wrapped up at many international schools in Shanghai. Students are leaving for the summer, but many are not coming back.

New five-year work visa available in Shanghai

Shanghai has begun implementing new permanent residence rules for foreigners. They allow expats to more easily obtain a so-called 'Chinese green card', which in the past was almost impossible to get. Foreigners have already begun trickling to the city's Exit-Entry Bureau to ask for details.

Chinese audiences ready for summer of reality shows

With July now in full swing, so is the battle for China's top TV series. And don't be surprised to find reality shows occupying most of the prime-time slots this summer.

China's national weather authority raises rainstorm alert

The heavy downpours that have been lashing many provinces over the past weeks look set to continue. Weather authorities on Thursday morning raised the alert level from blue to yellow, the second highest for heavy rain. The wet weather is expected to continue to batter a swath of provinces in the middle and southern part of China.

One China-Airbus deal announced, more are possible

Chinese Premier Li Keqiang is wrapping up his visit to France by visiting the Marseilles headquarters of the world's third largest container shipping company, CMA CGM Group. He also attended the closing ceremony of a China-France business summit and is scheduled to visit Airbus headquarters in southwestern France.

China provides new internet finance offer

China's latest internet offer allows consumers to make money from their prepaid travel expenses, even before they step on the plane.

Shanghai offers tax refunds to overseas visitors

July also saw the launch of a tax rebate scheme in Shanghai for overseas visitors. Anyone from outside the mainland who has spent less than six months here can get an 11% rebate on goods purchased at designated stores in Shanghai and Beijing.

Local traders say Athens is empty

Capital controls brought in after Greece failed to meet its international debt repayment are beginning to take their toll on visitor numbers.

Crossover: Referendum to be held on Sunday

For more on European markets, let's cross live to Kyrrie Blenkinsop in London.

CIRC issues new rules on employee stock ownership

China Insurance Regulatory Commission has issued new rules Thursday allowing employees to be share holders of insurance companies.

PBOC follows policy to keep economy healthy

China's central bank will pursue a prudent monetary policy and keep the economy growing at a 'healthy' rate.

More news more news

DC Navy Yard 'shooting' a false alarm

Police were responding to a report of an active shooter at the Washington Navy Yard in southeast of the U.S. capital Thursday morning, U.S. media reported.

Greek FM Varoufakis confident banks will reopen Turesday

Greek finance minister says banks will open Tuesday, deal with Europe 'a certainty'

BP to pay $18.7B to US and Gulf states

BP will pay up to US$18.7 billion in penalties to the US government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in US history.

Pandas make debut in cooler north China

A pair of giant pandas from the China Conservation and Research Center for the Giant Panda saw public in the Siberian Tiger Park of Jilin Province on Wednesday. The pandas, one male and one female, eight years old and seven years old respectively, will be raised here for three years.

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