Tropical storm Nanmadol causes losses of $6.9m


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Chinese couple murdered in Cairo

A young Chinese couple were murdered on Monday night in a rental house in the Nasr City in Cairo, a Chinese embassy official said today. The murder occurred at around 10 pm on Monday, Zhang Zhizhong, director of the consular affairs of the Chinese embassy to Egypt, told Xinhua. The couple, from eastern China's Zhejiang Province, had been dealing with marble business in Egypt for several years. The husband, surnamed Chen, was 30 and his pregnant wife surnamed Zhu, was in her 20s. Local police said they were investigating the case. The autopsy has been finished and the results are expected to come out later today. Zhang visited the police branch in Nasr City on Tuesday afternoon and demanded a quick finding of the criminals. A police officer of the police branch in charge of criminal cases said the murder was cruel and that the Egyptian side will work hard to nab the suspects as early as possible. The bodies of the couple were in a hospital. Their relatives in China have been informe...
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Wen Jiabao Behind Blind Activists Escape

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Causing mischef (not to mention the pollution) three boys burn garbage - market street - west of the city - evening - Shangqiu, Henan, China The escape of blind Chinese activist Chen Guangcheng from house arrest may have been assisted by allies of premier Wen Jiabao, according to a high-level source in Beijing. The source, who is close to senior officials in the capital, told The Epoch Times that the lawyers escape was not only good luck and timing. Wen Jiabaos men persuaded a few plain clothes policemen who were watching over Chen closely at his residence and successfully turned them around, the insider said. The source added that the premiers men told the guards the possible time and location of Chens escape beforehand. It is understood that the intervention came as a result of a long-term disagreement over the handling of the case between the Chinas top police chief Zhou Yongkang and Wen. In a recent interview, the source said that the conflict between the two Party...
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China demands US protects investors

BEIJING/TOKYO - China told Washington on Tuesday to protect investors in its debt after Standard & Poor's threatened to lower its credit rating on the United States.S&P slapped a negative outlook on the United States' top-notch AAA credit rating on Monday and said there was at least a one-in-three chance it could cut it eventually unless warring politicians found a way to slash a yawning budget deficit within two years.If investors start demanding higher returns for holding riskier US debt, the rise in bond yields could erode the value of Treasuries held in currency reserves and push borrowing costs up, putting the global economic recovery in jeopardy."We hope the US government will take responsible policies and measures to safeguard investors' interests," the Chinese foreign ministry said in a statement.China's foreign exchange reserves, the world's biggest, rose by nearly $200 billion in the first quarter to $3.05 trillion. About two-thirds are e...
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