24/7 News Coverage
May 27, 2011
DRAGON SPACE
Venezuela, China to launch satellite next year
Caracas (AFP) May 27, 2011
Venezuela and China will develop an observation satellite to be built in Asia and launched from South America in 2012, according to Venezuela's science and technology minister. Ricardo Menendez said Thursday that the earth-observation satellite, to be built at a cost of $140 million, would be used to monitor troop movements and illegal mining as well as study climate change and the environment. "We will have a satellite with the ability to monitor our territory 24 hours a day," he told reporters ... read more

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CYBER WARS

China sets up military cyber-warfare team: report
China's military has set up an elite Internet security task force tasked with fending off cyberattacks, state media reported Friday, denying that the initiative is intended to create a "hacker army". ... more
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NUKEWARS

Kim returns to N. Korea after China trip
North Korean leader Kim Jong-Il returned Friday from China full of praise for his country's key ally, but analysts saw few signs of firm agreement with Beijing on economic reform or denuclearisation. ... more
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TAIWAN NEWS

New China missile unit near Taiwan: spy chief
Taiwan's top intelligence chief said China had deployed a new missile unit near the island, a lawmaker revealed Thursday, sparking concerns about the fragility of ties with the mainland. ... more
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24/7 Energy News Coverage
Amazon takes on iPad with new Kindle Fire tablet

Hong Kong to restrict foreign homebuyers from 2013

US judge OKs partial settlement in e-book case

Nordic-Baltic states seek more cooperation

Outside View: Jobs outlook grim

Empire-style computers? Frenchman takes PCs to lap of luxury

Google-Microsoft field smartphones to take on iPhone 5

EU businesses urge China's new leaders to speed reforms

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NUKEWARS

N. Korea confirms Kim's secretive China visit
North Korea confirmed that leader Kim Jong-Il ended a secretive visit to close ally China Thursday, but its report of his talks with President Hu Jintao struck a different note to Beijing's account. ... more
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MILPLEX

Lawmakers bar more Chinese firms from Pentagon bids
The US House of Representatives has broadened the type of Chinese entities barred from receiving Pentagon contracts amid growing unease in Washington over China's expanding military might. ... more
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NUKEWARS

China must do more on N.Korea: Locke
Gary Locke, the nominee to be the next US ambassador to Beijing, said Thursday that China must do more to pressure North Korea as it welcomed the secretive regime's leader Kim Jong-Il. ... more
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MILPLEX

US, European banks invest billions in cluster bombs: NGOs
US and European financial firms are still investing billions of dollars in cluster bomb producers despite a global ban on a weapon that maims and kills civilians, NGOs said Wednesday. ... more
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US-Japan summit: what to expect
Trump calls for work on new Iran nuclear deal to begin 'immediately'
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NUKEWARS

North Korea's Kim in Beijing, meets Hu: reports
North Korean leader Kim Jong-Il arrived in Beijing on Wednesday and was seen en route to what was believed to be a summit with Chinese President Hu Jintao, a South Korean media report said. ... more
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DEMOCRACY

IMF succession: China urges 'democratic' process
China said Thursday the new International Monetary Fund chief should be chosen through "democratic consultation", as the developing world stepped up its campaign to end Europe's hold on the job. ... more
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SINO DAILY

Locke vows to raise rights concerns with China
Gary Locke, the nominee to be the next US ambassador to China, promised Thursday he would be a forceful advocate for human rights while still seeking broad cooperation with Beijing. ... more
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SINO DAILY

Lawmakers seek US regret for barring Chinese
US lawmakers launched a drive Thursday for Congress to make an official statement of regret for the 1882 Chinese Exclusion Act, which restricted immigration along racial lines for decades. ... more
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SINO DAILY

Three blasts hit China govt buildings, two dead: Xinhua
A jobless 52-year-old man allegedly triggered a series of explosions at government buildings in eastern China on Thursday, killing himself and at least one other, state media said. ... more
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DEMOCRACY

Myanmar president arrives in China
Myanmar's president Thein Sein arrived in China on Thursday for a visit aimed at improving his impoverished country's commercial ties with its key ally, the world's second-largest economy. ... more
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SINO DAILY

As world hesitates, China stands firm on dissent
The international community's mixed response to China's crackdown on dissent - ranging from public criticism to total silence - has handed Beijing leeway to maintain its hard line, experts say. ... more
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SINO DAILY

Security tight in China's Inner Mongolia after demos
China tightened security Friday in an area hit by unprecedented protests by ethnic Mongols upset with Chinese rule, witnesses said, as calls for further demonstrations were reportedly circulating online. ... more
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24/7 News Coverage
Fresh quake barrage hits Greek island Santorini
Pain, anger as Turkey marks two years since quake disaster
January sets 'surprising' heat record: EU monitor
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SINO DAILY

China milk activist home after brief detention
Chinese activist Zhao Lianhai, who was jailed for campaigning for victims of a huge 2008 milk scandal, is back home after being briefly taken away again by security, he said on his Twitter feed. ... more
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TECH SPACE

China to establish rare earths exchange
China's largest rare earths producer has said it has won official approval to set up the nation's first exchange for the coveted minerals, in a move analysts said would further regulate the market. ... more
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TRADE WARS

EU first: Chinese workers rebuild Polish motorways
In the heart of the Polish countryside, about 500 Chinese workers toil frenetically on a new stretch of the A2 motorway connecting Berlin and Warsaw - an unprecedented sight both here and across the EU. ... more
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SINO DAILY

Unrest in China after Mongol herder's death: group
Hundreds of ethnic Mongols have protested in China this week over the killing of a shepherd that has sparked online calls for even bigger future demonstrations, human rights organisations have said. ... more
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CLIMATE SCIENCE

Central China drought worst in over 50 years: reports
Central China's worst drought in more than 50 years is drying reservoirs, stalling rice planting, and threatens crippling power shortages as hydroelectric output slows, state media said Wednesday. ... more
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ENERGY TECH

China gets massive deep-water rig
China's most advanced deep-water oil rig is set for a trial voyage Thursday, People's Daily Online reports. ... more
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POLITICAL ECONOMY

Shunned by banks, small China firms hit pawn shops
China has some of the biggest banks in the world, but they turned their back on Jacky Wang when his small decorating firm needed a loan. So like many Chinese entrepreneurs, he turned to a pawn shop. ... more
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THE STANS

China says unaware of Pakistan naval base proposal
China's foreign ministry said Tuesday it was unaware of a request by Pakistan to Beijing for help in building a naval base at its deep-sea port of Gwadar, strategically located on the Arabian Sea. ... more
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Space News from SpaceDaily.com
ATLAS bolsters radio frequency network through new HawkEye 360 alliance
Mobix Labs Secures Defense Funding to Advance SATCOM SoC Innovation
Karman Moves Forward with Initial Public Offering
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NUKEWARS

China mulls Iranian nuclear inspection invite
China said Tuesday it was considering an invitation to inspect Iran's nuclear facilities and urged Tehran to step up cooperation with the UN nuclear watchdog. ... more
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NUKEWARS

US imposes sanctions against firms dealing with Iran
The United States on Tuesday announced it is imposing sanctions against seven foreign firms - including from Venezuela, Singapore, and Israel - as part of efforts to check Iran's nuclear ambitions. ... more
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NUKEWARS

US team in N. Korea over food shortages: Xinhua
A two-man US team tasked with evaluating a request for food aid from impoverished North Korea arrived in Pyongyang on Tuesday, China's official Xinhua news agency reported. ... more
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NUKEWARS

North Korea's Kim makes new stop on China tour
North Korea's Kim Jong-Il stopped in China's Nanjing city Tuesday after touring an industrial zone and browsing at a store, reports said, on a trip believed aimed at studying the country's economic boom. ... more
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ENERGY TECH

Philippines warns of arms race in South China Sea
Philippine President Benigno Aquino on Tuesday said he warned the Chinese defence minister of a possible arms race in the region if tensions worsened over disputes in the South China Sea. ... more
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TECH SPACE

Foxconn polishing plants in China closed after blast
Taiwan tech giant Foxconn said Tuesday all its workshops that polish electronic parts and products in China had been shut down for inspection after a deadly explosion at a plant last week. ... more
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POLITICAL ECONOMY

IMF job: Lagarde gains ground despite court probe
French Finance Minister Christine Lagarde's chances of leading the IMF improved on Tuesday, as France claimed China would back her, even though she faces allegations of abuse of power at home. ... more
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POLITICAL ECONOMY

China's current account surplus down 18% in Q1
China's current account surplus fell 18 percent in the first quarter of 2011 from the same period last year, official data showed Tuesday. ... more
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