Japan’s PM refuses to step down

Japan’s Prime Minister, Naoto Kan, is refusing to step down following the resignation of his foreign minister over a political funding scandal. This is adding increased pressure for him to quit or call a snap…

Russia demands Japan apology over island dispute

Russian Foreign Ministry has urged immediate criminal investigation into a group of Japanese who protested outside Russia’s Embassy last month and burned Russian national flags. Russian foreign ministry has summoned Japan’s charge d’affairs to Russia,…

Iran sends 2 warships to Mediterranean

Iran’s navy chief says Iran has no hostile intentions by sending two warships to the Mediterranean for the first time in more than three decades. Admiral Habibollah Sayyari says the voyage is meant to build…

Chinese Students under rubble in New Zealand

  Twenty Chinese students are reportedly buried in the rubble of the collapsed Canterbury TV building in Christchurch after a 6.3 magnitude earthquake hit the New Zealand city on Tuesday. Chinese ambassador Xu Jianguo met…

Importance of Chinese investment to US

Recent years have seen an increase of presence of Chinese companies in the US. So how important is Chinese investment to US economy? And why have there been concerns from the US towards such investment?

China’s stand on imbalance indicator

Security was tight early on Saturday as representatives of the world’s 20 richest countries gathered in Paris for an annual summit of finance ministers and central bank governors. Twenty finance heads are meeting to discuss…