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Toyota's safety recall goes globalTokyo (AFP) Jan 28, 2010 Toyota's coveted safety record took a major new hit Thursday as a massive recall caused by an accelerator problem grew in the United States and spread to Europe and China for the first time. Toyota raced past US giant General Motors in 2008 to become the world's top-selling automaker, but it has been bedevilled by a series of safety issues that have raised questions about whether its quality control has suffered. Toyota shares tumbled 3.91 percent to 3,560 yen Thursday, after a drop of 4.26 perc ... read more |
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China's economic policies under fire from world decidersDavos, Switzerland (AFP) Jan 28, 2010 Political leaders, central bankers and financiers at the World Economic Forum have attacked China's monetary and trade policy and questioned its ability to tackle an overheating economy. Top Chinese officials face an increasingly difficult task insisting that Beijing is acting in the interest of the world economy by keeping its yuan currency weak against the dollar and maintaining a huge trade surplus - 196.1 billion dollars in 2009. Even in a keynote speech on the first day of the Davos forum ... read more |
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Washington (AFP) Jan 27, 2010US scientists have produced a laser shot with an unprecedented energy level that could be a key step towards nuclear fusion, the US National Nuclear Security Administration said Wednesday. The researchers for the first time delivered a megajoule of energy to a target by focusing 192 laser beams at the same time at a temperature of 111 million Celsius (200 million Fahrenheit), it said in a st ... more  
Washington (AFP) Jan 27, 2010The United States made an initial decision Wednesday to slap stiff duties - as high as 175 percent - on woven electric blankets from China on claims they were being dumped at unfairly low prices. The Commerce Department said it had "preliminarily determined" that "Chinese producers/exporters have sold woven electric blankets in the United States at 90.32 to 174.85 percent less than fair va ... more 
Princeton, N.J. (UPI) Jan 28, 2009 U.S. scientists say they have developed power-generating rubber film that can harness body movements to power devices such as pacemakers and cellphones. Princeton University engineers said their new material is composed of ceramic nanoribbons embedded onto silicone rubber sheets. They said the material generates electricity when flexed and is highly efficient at converting mechanical en ... more |
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 Google case may deter US firms from China: official   Microbe produces biofuel from biomass   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China publishing gets 7 billion dollar credit line: reportBeijing (AFP) Jan 28, 2010 A Chinese government regulator will get a credit line of 50 billion yuan (seven billion dollars) from one of the nation's top banks to help boost the publishing industry, state media reported Thursday. The General Administration of Press and Publication, which regulates news, print and Internet publications, signed the agreement with the Agricultural Bank of China on Thursday, the official Xinhua news agency said. According to the agreement, the money will be spent on "major publishing projects" ... read more |
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