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WASHINGTON, Aug. 1 (Xinhua) -- The escalating cost of extracting oil is complicating the industry's ability to respond to higher prices with new supplies, setting the stage for still-higher prices in ...

Photo Gallery>>>JERUSALEM, Aug. 2 (Xinhua) -- U.S. Secretary of State Condoleezza Rice Thursday wrapped up her about 24-hour trip to Israel and the Palestinian territories, ending the mission...

The 14th foreign ministers meeting of the ASEAN Regional Forum (ARF) is held in Manila, capital of the Philippines, on August 2, 2007. (Xinhua/Gong Lei)Photo Gallery>>>MANILA, Aug. 2 (Xinhua)...

BEIJING, Aug. 1 (Xinhua) -- China's Harvest Fund Management Co. Ltd. (Harvest), 19.5-percent owned by Germany's Deutsche Bank AG, has become the first joint venture fund approved as a qualified domest...

BEIJING, Aug. 1 (Xinhua) -- China's state assets watchdog on Wednesday ordered all central state-owned enterprises (SOEs) to report their major investment activities in a bid to shun investment risks....

KINSHASA, Aug. 2 (Xinhua) -- At least 100 people were killed on Wednesday night following the derailment of a train in the Democratic Republic of Congo (DRC), government spokesman and information mini...

A three-way bridge in Minneapolis, Minnesota is shown collapsedinto the Mississippi River, Aug. 1, 2007.(Xinhua/Reuters Photo)WASHINGTON, Aug. 2 (Xinhua) -- Four people were confirmed dead...

A woman wearing a chador holds a candle during a protest demanding negotiations between the U.S. government and the Taliban for the safe return of South Korean hostages in Afghanistan, ...

WASHINGTON, Aug. 2 (Xinhua) -- The war in Iraq could ultimately cost well over a trillion U.S. dollars, according to a new U.S. official analysis. That will at least double what has already been spent...

Having weathered numerous storms in the global market, Hong Kong manufacturers are facing another challenge to prove their business agility.The hurdle is in the form of the central government decision...