CHINA

Chernobyl Disaster: Top 10 Worst Nuclear Disasters

Chernobyl
On the 26th anniversary of the Chernobyl disaster, Ukraine launched the construction of a new and improved shelter to permanently secure the traumatized plant. The project, which is expected to cost contributors around 1.5 billion euros, is intended to repair the damage from an explosion that occurred during testing at the power plant in the early hours of April 26, 1986.
File photo of a Chinese 100 yuan banknote being placed under a $100 banknote in this photo illustration taken in Beijing

China Sets Record High Ceiling For Yuan

China's central bank expanded the yuan's reference rate against the dollar to another record high on Friday, in a nod to calls from the U.S. to loosen growth restrictions on the currency's value.
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Samsung Becomes World's Largest Handset Maker, Nokia's 14-Year Run Ends

After reporting record profit for the first quarter of 2012, South Korean tech giant Samsung Electronics has achieved yet another outstanding feat. The company has become the world's number one handset vendor, thereby ending Finnish firm Nokia's 14-year run as the global leader, according to a latest research from Strategy Analytics.
An engineer walks past piles of oil tanks at a PetroChina's oil refinery in Lanzhou

PetroChina Q1 Profit Rises 5.8% On Higher Oil Output

PetroChina Co, the world's second largest oil and gas firm, reported a $6.21 billion profit in the first quarter on Thursday, giving the company a 5.8 percent increase compared to the same period a year ago.
Mongolia

Mongolia: Inside The Budding Eco-Tourism Destination

Envision vast open desert, towering snow-capped mountains, and deep craggy gorges. Picture Buddhist temples, mysterious ruins, felt homes, and the caw of an eagle. Sprinkle on top of it all the legend Genghis Khan.
Li Xueming/ Bo Xiyong

Bo Xilai Scandal Brings Down Older Brother

As Chinese investigations into Bo Xilai, the disgraced former boss of Chongqing and Politburo member, continue, the rest of his family and their business dealings are under the spotlight.
South Sudan and China

China Sends Envoy To Sudans To Promote Peace Talks, Working With US

China announced Wednesday that it will send its African envoy, Zhong Jianhua, to Sudan and South Sudan with the hope of brokering peace talks between the two rival nations which have recently been engaged in border skirmishes that threaten to escalate into an all-out war.
Ford Motor Company CEO Alan Mulally

Ford (F) Earnings Preview: Weakness In Europe Will Hurt 1Q Earnings

Ford Motor Co. (NYSE: F), the second-largest U.S. carmaker, is expected to report Friday its first-quarter earnings plunged by 42.6 percent as gains in North America couldn't offset a slump in vehicle demand in Europe and slowing sales growth in South America and Asia.

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