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India launches naval exercise off AndamansPort Blair, India (AFP) Feb 5, 2010 India kicked off Friday a 13-nation naval exercise off its Andaman archipelago it said was aimed at improving disaster management and not an attempt to form a security bloc. The exercises are the biggest naval event off the India-administered island cluster since 2007 when a smaller exercise involving Australia, India, Japan, Singapore and the United States, riled giant neighbour China. Under questioning at a seminar organised to coincide with the drill, India's navy chief denied that the exerci ... read more |
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Iqaluit, Canada (AFP) Feb 5, 2010Finance ministers and central bankers from leading industrial nations Saturday held a second day of talks in northern Canada as fresh market turmoil cast doubt on a fragile global economic recovery. Topping the agenda for the final day of "frank" G7 talks was to be growing concerns over eurozone debt as well as the yuan, which China has been accused of keeping deliberately weak to boost expo ... more  
Sydney (AFP) Feb 6, 2010Anglo-Australian miner Rio Tinto in 2008 considered selling state-owned Chinalco a 19.9 percent stake in its iron ore operations under a mammoth 40 billion dollar (35 billion US) tie-up, a report said Saturday. The deal was drafted just weeks before rival BHP Billiton dropped a hostile takeover bid due to the state of the global economy, The Weekend Australian newspaper said. Citing a dr ... more  
Sydney (AFP) Feb 6, 2010Australian miner Resourcehouse said Saturday it had signed a 60-billion-US-dollar coal deal with energy-hungry China, calling it the country's "biggest-ever export contract". Resourcehouse chairman Clive Palmer said the company had negotiated a 20-year agreement to supply China Power International Development (CPI) with 30 million tonnes of coal a year from a proposed mine in central Queensl ... more |
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  China launches orbiter for navigation system: state media   China Aiming To Have Its Own GPS In Place By 2012   Instant online solar energy quotes Solar Energy Solutions from ABC Solar |
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China Launches Third Orbiter For Indigenous Global SatNav SystemXichang, China (XNA) Jan 18, 2010 China took one step forward in its ambition to build an independent global navigation network capable of rivaling foreign congeneric systems with the successful launch of a new orbiter into space early Sunday morning. Boosted by a Long-March-3III carrier rocket into a geostationary orbit from the Xichang Satellite Launch Center, it was the third orbiter China has launched for the network, also known as Beidou, or COMPASS system. It will join another two already in orbits to form a ... read more |
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