Chinese industry faced a grim situation, as the global financial crisis would have a deep impact on the industrial and information technology sectors, a senior official warned on Wednesday.

THE United States has entered a recession, the head of the San Francisco branch of the Federal Reserve, the nation's central bank, said on Tuesday...

The leaders said they want to allow banks to keep some assets valued as if they'd be held until maturity, instead of having to review their value each quarter...

Conditions for launching int'l board about to mature: official

China's CPI to rise around 5% in Q2: official

* Official denies plans for capital gains tax after market rumours * B-share market of dollar-denominated shares down partly on the rumours * Analysts say any such move would sharply hit broader sentiment (Adds background,...

BEIJING, April 28 - China is not likely to start taxing investors on their capital gains any time soon, a tax official told Reuters on Thursday, a rebuttal to market talk that China was about...

* Greece knows it cannot avoid restructuring- EU official * Paper cites official speaking on condition of anonymity * Says government has accepted need for mild restructuring ATHENS, April 19 - Greece has accepted that...

ATLANTA, April 18 - Higher gas prices weakened U.S. economic growth early this year in the eyes of one Federal Reserve official, while other policy-makers worried about the potential inflationary impact of energy price rises...

ATLANTA, April 18 - Higher gas prices weakened U.S. economic growth early this year in the eyes of one Federal Reserve official, while other policy-makers worried about the potential inflationary impact of energy price rises...