Xinhua News Agency back issues from Wednesday, January 7:
Anand Wins Sixth Game FIDE Chess Championship
Jan 07, 1998 ... Indian challenger Viswanathan Anand upset defending championAnatoly Karpov of Russia in the sixth game of the FIDE World ChessChampionship in Lausanne, Switzerland, on Thursday. The 28-year-old Anand won the sixth game of the finals in fourhours to equal the points with 3-3, and ...
Rusedski Reachs Quarterfinals in Qatar Open Tennis
Jan 07, 1998 ... Top seed Greg Rusedski of Britain advanced to the quarter-finalsof the one million U.S. dollars Qatar Open tennis Thursday bywinningeasily over Karim Alami of Morocco 6-2, 7-5. Rusedski, the top seed after the withdrawal of the injuredYevgenyKafelnikov of Russia, beat Alami in ...
Australia's Mixed Message on Low Australian Dollar
Jan 07, 1998 ... A weaker Australian dollar meant Australian products would becheaper and become more competitive in the world market, thoughlocalpeople, rich and poor, will be hit by price rises of everydayhousehold items, local media reported Wednesday. Exporters of Australian-manufactured ...
Beijing Protects Cultural Relics
Jan 07, 1998 ... Steps are being taken to protect cultural relics in the pathwayofBeijing's Ping'an Avenue, which is under construction, according toWang Hongnian, an official with the Municipal Cultural RelicsBureau. There are a dozen historical sites along the avenue, which runsfrom ...
Chinese President
Jan 07, 1998 ... Chinese President Jiang Zemin met with visiting Iraqi NationalAssembly Speaker Saadoun Hammadi here today. The meeting is going on at press time. During the meeting, Jiang said that Hammadi had a good meetingwith China's top ...
Latest ATP Tour Rankings
Jan 07, 1998 ... Following are the ATP rankings issued on Tuesday: 1. Pete Sampras, United States, 4,547 points 2. Patrick Rafter, Australia, 3,2103. Michael Chang, United States, 3,1894. Jonas Bjorkman, Sweden 2,9495. Yevgeny Kafelnikov, Russia, 2,6906. Greg Rusedski, Britain, 2,6177 ....
Major News Items in Leading Philippine Newspapers
Jan 07, 1998 ... The following are major news items in leading Philippinenewspapers Wednesday: Manila Bulletin President Ramos laid down Tuesday the "priority directions" forthe remaining six months of his administration, as he stressed thatthe country must continue to adopt reforms and ...
Major News Items in Leading Australian Newspapers
Jan 07, 1998 ... The following are major news items in leading Australiannewspapers Wednesday: The Australian The Australian dollar plunged almost 1.5 U.S. cents to 63.4 U.S.cents Tuesday, condemned to its lowest level in more than 11 yearsbya gold price in freefall and continuing chaos in ...
Market Exchange Rates
Jan 07, 1998 ... The People's Bank of China today issued the market exchange ratesin RMB yuan against three major currencies. The middle price of RMBagainst convertible currencies is mainly based on the closing priceof the preceding interbank trading. The designated foreign exchange trading banks ...
More Events to be Added for World Short-Course
Jan 07, 1998 ... More sprint races will be allowed to compete at the worldshort-course swimming championships, the International AmateurSwimming Federation (FINA) decided here on Tuesday. A FINA Congress agreed ...
NZ Dollar Falls Sharply against US Dollar
Jan 07, 1998 ... The New Zealand dollar dropped by over 80 U.S. cents in tradingwith the Greenback on Tuesday, ending at a three-year low of 56.56U.S. cents. The Kiwi dollar was dragged down by the lower Australian dollar,which sank to an 11-year low against the stronger U.S. dollar. TheU.S ....
Philippine Former Defense Chief Forms New Party
Jan 07, 1998 ... Philippine Former Defense Secretary Renato de Villa hasregisteredwith the Commission on Elections a new political party to serve ashis vehicle in his presidential bid in May. De Villa is standard bearer and chairman of the Party ofDemocratic Reform (Reporma). Former agriculture ...
South Korea Financial Trouble Affects NZ Log Exports
Jan 07, 1998 ... New Zealand's massive log export trade to South Korea may dropaway significantly in coming weeks or months, according to FletcherForests, one the two big suppliers to that market. A local report Monday quoted the company as saying on Tuesdaythatlog exports, worth of tens of ...
Xiamen Port Witnesses Increasing Business
Jan 07, 1998 ... The Xiamen Port in south China's Fujian Province handled nearly18million tons of cargo in 1997, up some 13 percent on the 1996figure. Eleven million tons of the total involved foreign trade, asubstantial 25 percent rise on 1996. The port handled 546,000 TEUs during 1997, up ...
Bangladesh Gets 132 Investment Projects in December
Jan 07, 1998 ... The Board of Investment (BOI) of Bangladesh registered 132industrial projects worth a total proposed investment of 324 millionU.S. dollars in December 1997, the BOI said Wednesday. The amount is 538 percent higher than that for the same month ofthe previous year. Of the 132 ...
Beijing Has More Than One Million People Buying Stocks
Jan 07, 1998 ... Recent statistics show that 450,000 more people in China'scapitalinvested in the stock market in 1997, bringing the number ofinvestors there to 1.1 million. Most new investors in the second half of 1997 were middle-aged oryoung professors, scientists, and technicians, while in ...
Burundi: Rebels Strike Again
Jan 07, 1998 ... Thirteen rebels were killed and three soldiers wounded in anattack on a village near the Burundian capital of Bujumbura Tuesday,Burundi Radio, monitored here, reported today. The attack took place in the village of Maramvya, just north ofBujumbura airport early Tuesday, a Burundi ...
Business Closures in Thailand Increase
Jan 07, 1998 ... The economic downturn and cash flow problems forced 5,078companies out of business in Bangkok and adjoining areas last year,20 percent more than in 1996, according to a report issued by theThai Commerce Ministry available here Wednesday. Although figures had yet to ...
China Exports 27 Million Tons of Coal in 1997
Jan 07, 1998 ... The China National Coal Industy Import-Export Corporationexported27.02 million tons of coal in 1997, up 4.2 percent over the previousyear. Today's International Business Daily reported that the exportswere valued at nearly one billion US dollars. The ...
China's Biggest Ostrich Farm Being Built in Hubei Province
Jan 07, 1998 ... An export-oriented ostrich farm, believed to be the biggest inChina, is being built in central China's Hubei province, today'sInternational Business Daily reported. The farm has received an ...
China's Light Industry Sets Sights on Foreign Expansion
Jan 07, 1998 ... China's light industry need to boost exports and attract moreforeign capital and technology this year, "China Daily" reportedtoday. Exports should increase by over six percent, the newspaper quotedYu Zhen, chairwoman of the China National Council of Light Industry,as ...
China to Reorganize Speciality Markets
Jan 07, 1998 ... China will conduct a comprehensive re-organization of 50 largespeciality markets engaged in different products in the next twoyears to ensure commodities on sale are wholly trustworthy. The re-organization will give priority to large markets engagedinmarketing such products as ...
Chinese-Made Car Exported to US
Jan 07, 1998 ... China has exported a Chinese-made car to the United States,according to today's International Business Weekly. The China Brand car, bought by General Motors Corporation of theUnited States, is the first Chinese-designed and produced car exportto a developed country since the ...
DPRK Condemns Misuse of Sanctions
Jan 07, 1998 ... A commentary, carried by Rodong Sinmun, the largest newspaper ofthe Democratic People's Republic of Korea (DPRK), Wednesdaycondemnedthe abuse of sanctions in the world. The commentary said that the DPRK welcomes the statement, issuedby the United Nations Third Committee in Geneva ...
Farming Resumes in Tanzania after Heavy Rains
Jan 07, 1998 ... Farmers in several flood-stricken regions in Tanzania haveresumedfarm activities on highland areas after heavy rains subsided, theDaily News reported today. The report quoted an official from the Mwanza RegionalCommissioner's office as saying that they have directed people ...
Hebei Pledges to Deal Harshly With Pornography
Jan 07, 1998 ... Central China's Hubei Province dealt harshly with publishers ofpornography and individuals involved in pirating audio and visualporno materials over the past year, with authorities confiscatingover 50 kinds of audio and visual publications and more than 120related titles of books and ...
Heilongjiang Raises Grain Output by Developing Irrigation
Jan 07, 1998 ... Northeast China's Heilongjiang Province, the country's mostimportant grain reserve base, is to turn itself into an even morepowerful grain-producer by developing water-efficient irrigation inthe next three years. By the end of 2000, the eight million ha of cultivated land ...
Highlights of Major Beijing-Based Newspapers
Jan 07, 1998 ... Following are highlights of major Beijing-based newspapers today: "People's Daily" President Jiang Zemin congratulated drama artists yesterday ontheir achievements since the art form was introduced to China 90years ago. He encouraged artists to create more fine art works ...
Home Appliance Market Competition Intensifies In China
Jan 07, 1998 ... Domestic home appliance companies are feeling mounting pressurefrom overseas counterparts in market competition, today's ChinaDailyquoted a recent survey report as saying. Chinese makers hold at least 70 percent of the market in colortelevisions, washing machines, refrigerators, ...
Hong Kong Shares Close Lower Midday
Jan 07, 1998 ... Hong Kong stocks lost 472.02 points, or 4.65 percent, to close at9,663.49 at midday Wednesday. The key Hang Seng Index lost 51.35 ...
Hong Kong Shares Open Lower
Jan 07, 1998 ... Hong Kong stocks lost 51.35 points, or 0.5 percent, to open at10,084.16 ...
Income Tax in Southern Chinese Province Up Significantly in 1997
Jan 07, 1998 ... Income tax in Guangdong Province, one of China's more developedareas, rose 40 percent in 1997, making the province the highestpayerof income taxes in the country. Guangdong had collected 3.2 billion yuan (385 million U.S.dollars) in income taxes by the end of ...
India to Host Global
Jan 07, 1998 ... India is to host the first-ever international conference herethismonth to discuss coal and coal-related issues, Coal Ministryofficials said here Wednesday. The conference, scheduled for January 12 and 13, will provide anopportunity to coal producers, power utilities, other users ...
Indonesia's Inflation Hits Double Digits
Jan 07, 1998 ... Indonesia's annual inflation rate was 11.05 percent in 1997, thefirst double-digit inflation rate since 1983. The high annual inflation rate last year was attributed to the2.04 percent increase in the monthly inflation rate in December, theCentral Bureau of Statistics said ...
Indonesia's Draft Budget
Jan 07, 1998 ... The Indonesian government's draft budget for 1998/99 and a speechby President Soeharto met with mixed reaction in the country. Some people said the new budget could serve as a turning pointforthe country's economic woes. On Tuesday evening, President Soeharto unveiled a ...
Investments in Philippines Shrink
Jan 07, 1998 ... The continued regional financial crisis has slowed downinvestments in the Philippines as some big-ticket projects stayed onthe sidelines, latest data released by the Board of Investmentshowed. Registered investments in the last quarter of 1997 fell by 81percent to 54 billion ...
Kafelnikov Withdraws from Australian Open
Jan 07, 1998 ... The world number five Yevgeny Kafelnikov of Russia withdrew fromthe upcoming Australian Open tennis event on Wednesday for theconsecutive second year due to a knee injury. The Russian tennis star said he injured his knee while practisingfor the Open, the first major tournament of ...
Kenyan Opposition Party Accepts Election Results
Jan 07, 1998 ... Opposition leader Raila Odinga has accepted the results of theDecember 29 General Election and congratulated President Daniel arapMoi on his victory, according to a Daily Nation report today. The National Development Party leader, who was third in the justended presidential race, ...
Major News Items in Leading S. African Newspapers
Jan 07, 1998 ... The following are major news items in leading South Africannewspapers today: Business Day South Africa would assess carefully the economic benefits of amooted free trade proposal from the United States when a formalapproach was made, a senior trade and industry department ...
Major News Items in Leading Kenyan Newspapers
Jan 07, 1998 ... The following are major news items in leading Kenyan newspaperstoday. Kenya Times The National Executive Council and the Parliamentary Group of theruling Kenya African National Union yesterday asked the governmenttodeal strictly with any threats to the country's peace, ...
Major News Items in Leading Pakistani Newspapers
Jan 07, 1998 ... The following are the major news items in leading PakistaniEnglish newspapers on Wednesday. The News The federal cabinet will meet on Wednesday and take a finaldecision on holding of local bodies elections as announced forFebruary 7 and put it off till April this year.The ...
Major News Items in Leading Indian Newspapers
Jan 07, 1998 ... The following are major news items in leading Indian newspapersWednesday: The Hindustan Times 52 persons were killed when a passenger train rammed into thestationary express train in Uttar Pradesh late Monday night.The Times of IndiaThe Bharatiya Janata Party (BJP) leader ...
Major News Items in Leading Japanese Newspapers
Jan 07, 1998 ... The following are major news items in leading Japanese newspaperstoday: Asahi, Yomiuri, Mainichi, Nihon Keizai: Japan's six opposition parties reached a broad agreement Tuesdayon a number of issues, including a call to cut taxes by six trillionyen (about 44.8 billion U.S ....
Malaysia's Car Maker Expects 30 Percent Drop in Sales
Jan 07, 1998 ... Malaysia's national car manufacturer Proton expects a 30percentdrop in sales in 1998 given the weak market conditions, ChairmanMohdSaleh Sulong of DRB-Hicom Group to which Proton belongs saidWednesday. However, Proton is expecting export sales to improve tremendouslyas it ...
Manila Eyes Issuance of Higher Interest Rate Bills
Jan 07, 1998 ... The continued fall of the peso may compel the Philippine CentralBank to consider the possibility of floating bills that carriedextremely high interest rates of 48 percent to 50 percent. Local newspaper the Manila Chronicle Wednesday quoted CentralBankGovernor Gabriel Singson as ...
Ministries Ready to Face Festival's Travel Surge
Jan 07, 1998 ... The Ministry of Railways and the Ministry of Communications areready for the transport blitz around the Spring Festival of theChinese Lunar New Year, which falls on January 28. The annual travel peak usually comes when millions of farmersworking in cities return to their villages ...
Pak Revenue Collection Falls Short of Target
Jan 07, 1998 ... The Central Board of Revenue of Pakistan collected 138 billionrupees (about 3.13 billion U.S. dollars) during the first half of1997-1998 fiscal year, leaving a shortfall of 6 billion rupees(about136 million dollars) against the target. Major reasons behind the shortfall in ...
Philippines to Host ASEAN Tourism Forum
Jan 07, 1998 ... The southern Philippine city of Cebu will host the ASEAN TourismForum (ATF) '98 from January 9 to 15 to promote tourism cooperationin the Southeast Asian region. The annual event involves all the tourism industry sectors of thenine members of ASEAN (the Association of Southeast ...
Renminbi Yuan Unlikely to Be Devalued: Expert
Jan 07, 1998 ... The renminbi yuan is unlikely to be devalued even though thesharpdepreciation of currencies in neighbouring countries will inevitablyaffect China's export trade, according to an authoritative source. A financial official who declined to be identified said the worldmarket should ...
Results of World Swimming Championships
Jan 07, 1998 ... Following are the results on the first day of the world swimmingchampionships here on Wednesday: Men's open water 5-kilometer: 1. Alexei Akatiev, Russia, 55 minutes 18.6 seconds2. Ky Hurst, Australia, 55:24.93. Luca Baldini, Italy, 55:37.44. Yevgeny Bezruchenko, Russia, ...
Results of Australian Women's Hardcourt Tennis (1)
Jan 07, 1998 ... Following are the results from third day of 230,000 Australiandollars (150,000 US) Thalgo Australian women's hardcourtchampionships at the Hope Island Tennis Complex in Gold Coast (xdenotes seeding): Singles round one Patty Schnyder, Switzerland, bt Rita Grande, Italy, 6-4 ...
Results of Australian Men's Hardcourt Tennis Championship
Jan 07, 1998 ... Following are the results from second day of 340,000 US dollarsAustralian men's Hardcourt tennis championships in Adelaide (xdenotes seeding): Singles round one: Jens Knippschild, Germany, bt Richard Fromberg, Australia, 3-6 6-37-5;Nicolas Escude, France, bt Alex ...
Rose Wins 5km Open Water Swimming in Perth
Jan 07, 1998 ... Erica Rose of the United States won the women's 5-kilometer openwater swimming with an impressive clocking of 59 minutes and 23.50seconds at the world swimming championships here on Wednesday. Rose, 15, pulled ahead in the later part of the race to beatEdithvan Dijk of the ...
Russian Wins First Gold in Swimming Worlds
Jan 07, 1998 ... Russian Alexei Akatiev snatched the first gold medal of the worldswimming championships as he touched home first in the men's5-kilometer open water swimming here on Wednesday. Akatiev clocked 55 minutes 18.6 seconds to win the event, beatingsecond-place finisher ...
Southwest China Province Improves Public Health Services
Jan 07, 1998 ... Southwest China's Yunnan Province has made good progress indeveloping basic public health services in recent years. By the end of 1997, 115 counties and cities, or 90.5 percent ofall the province's total, have introduced basic public healthservices. At present, 12 out of the ...
Sri Lanka To Establish New Plantations For Timber
Jan 07, 1998 ... Sri Lanka is to establish 504 hectares of new plantations ineightdistricts this year to meet the country's fuel-wood and timberrequirements and to conserve environmentally viable areas. Last year it had established plantations in 260 hectares givingpreference to local species, ...
Sri Lanka Targets More Foreign Investment in 1998
Jan 07, 1998 ... Sri Lanka has set a massive target of achieving foreign directinvestments (FDIs) worth 250 million US dollars this year, the DailyNews reported on Wednesday. This ambitious target reflects a doubling of the 1997 estimatedFDIs inflows of 130 million US dollars, which was an increase ...
Thailand's Energy Consumption Remains High
Jan 07, 1998 ... Thailand's energy consumption last year was estimated to havesoared by 7 percent, although the country's economic growth wascloseto zero, the Bangkok Post reported on Wednesday. That reflected inefficient energy consumption in the country,saidPongpisit Viseshakul, director of ...
Tibet Tax Income Records All-time High in 1997
Jan 07, 1998 ... Tax revenues in the Tibet Autonomous Region shot up by 25 percentto reach 470 million yuan in 1997. The figure represents an all-time high in Tibet and tax officialssay that the regional tax income is expected to hit 600 million yuanby ...
Uganda's Greenland Bank to Open Branch in
Jan 07, 1998 ... The Greenland Bank of Uganda is set to open a branch in ZanzibarFriday, the Daily News reported today. Zanzibari President Dr. Salmin Amour will officiate at theopeningceremony for the branch, which will be the first privately-ownedcommercial bank in Zanzibar, the report ...
Vietnam to Increase Exports to Avoid Regional Monetary Crises
Jan 07, 1998 ... Vietnam is trying to speed up the bureaucratic processing ofimports and exports to avoid the effects of the regional monetarycrisis dramatically affecting the national economy, local pressreported Wednesday. Vietnam expects to earn about 2.5 billion U.S. dollars fromexports while ...
Chinese President
Jan 07, 1998 ... The Chinese government and people deeply sympathize with Iraqiswho have suffered from United Nations sanctions. President Jiang Zemin offered this remark here this morningduringhis meeting with a delegation of the Iraqi National Assembly led bySaadoun Hammadi. "We have ...
Deaths in Vietnam's Road Accidents Remain High
Jan 07, 1998 ... Casualties in road accidents in Vietnam remain high in 1997 withan average of 31 people killed every two days. A total of 5,680 people were killed in road accidents last year,slightly down from the figure of 5,900 in 1996, according togovernment statistics. However, the ...
Fewer Shanghai Residents Marrying Foreigners
Jan 07, 1998 ... Foreigners seem to be losing favor with the young women ofShanghai, the largest manufacturing and financial center in China. The city had a boom period in foreign laisions during the earlynineties, but now the city's economic development is offering youngwomen other opportunities ...
Foreign Exchange Rates in Hong Kong
Jan 07, 1998 ... Following are closing foreign exchange rates in Hong KongWednesday: Foreign Exchange in HK Dollars WednesdayTuesdayUS Dollar 7.7493 7.7495Canadian Dollar 5.4255.45Pound Sterling 12.44...