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Help the victims of the Sumatra, Indonesia, earthquake


On September 30, 2009, a major earthquake with a moment magnitude of 7.6 hit the west-northwest of Padang, Sumatra, 220 kilometres (140 mi) southwest of Pekanbaru.

The death-toll estimates range from a few hundred to over 1300, with thousands more trapped in collapsed buildings and under landslides. Government reports confirmed 715 deaths in West Sumatra province.

Help the victims by donating money (even a penny would be great) or publishing your sympathy at your blog, favorite social media site etc. or just talk about it to make people aware of this tragedy.

China’s urban fixed assets investment up 27.2% in first ten months

China’s fixed assets investment in urban regions totaled 11.32 trillion yuan (1.66 trillion U.S. dollars) in the first ten months this year, up 27.2 percent year on year, the National Bureau of Statistics said on Friday.

The growth rate is 0.3 percentage points higher than that for the same period last year.

&$&$ Source: Xinhua&$&$ …

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November 14th, 2008 | Category: People´s Daily | One comment

Citic Group rescues troubled Hong Kong affiliate

Investment company Citic Group has come to the rescue of its ailing Hong Kong affiliate Citic Pacific by lending HK$11.6 billion to cover its bad currency debts of over HK$15 billion.

The bailout news saw Hong Kong-traded Citic Pacific’s shares, which resumed trading yesterday after a suspension, rise 9.24 percent to close at HK$6.62.

In a statement, Citic Pacific said its Beijing-based parent Citic Group will provide standby credit of HK$11.6 billion by buying its convertible bonds.

Ci …
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November 14th, 2008 | Category: People´s Daily | Leave a comment
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