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A PRELIMINARY investigation into the cause of an elevator accident in a residential compound in east China which killed a woman has shown that the accident was caused by the elevator’s brake failure, reported China’s state television, CCTV, citing an investigation group report on July 31. “The elevator failed to stop and dragged the victim along with it as it went up. We preliminarily judged that the accident may have been caused by brake failure. As […]
JULY 28 (Reuters) — Chinese shares tumbled more than 8 percent on Monday (July 27) as an unprecedented government rescue effort to prop up valuations abruptly ran out of steam, throwing the viability of Beijing’s plan to stave off a deeper crash into doubt. Major indexes suffered their largest one-day drop since 2007, shattering three weeks of relative calm in China’s volatile stock markets since Beijing unleashed a barrage of support measures to arrest a […]
CHINA, July 24 (Eagle News) – A group was able to amaze the crowd when it constructed a house using 3D printing technology under 3 hours. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
MANILA, Philippines, July 24 (Eagle News) — According to Presidential Communications Secretary Sonny Coloma, the Palace rejected China’s renewed proposal to withdraw the case from the international tribunal and engage in bilateral talks regarding the maritime dispute in West Philippine Sea. Coloma added that the Philippines stands firm in continuing the process of arbitration to resolve the issue peacefully. China continues to refuse participation in the arbitration proceedings. (Eagle News Service Jay Paul Carlos, Jericho […]
BEIJING, China, July 24 (Eagle News) — The Chinese navy commenced a ten-day naval exercise near the disputed territories in the West Philippine Sea. The Chinese Ministry of Defense said that the exercise is part of the regular naval exercise and is not aimed to threaten the claimants of the disputed territories in the area. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
Two miners were confirmed dead Wednesday while 13 others were still trapped after a coal mine in northeast China’s Heilongjiang Province was flooded on Monday. Mud have filled the coal mine, and some lanes were blocked. Rescue work is still going on at present. Rescuers are now straining themselves in opening up two 110-meter-long rescue passages leading to the flooded site. The flood inundated the Xuxiang Colliery in Hegang’s Xing’an District at around 17:00 on […]
MANILA, Philippines, July 20 (Eagle News) — According to Philippine security experts, the public should expect China to express criticisms regarding the 7-hour surveillance mission of the United States of America over the disputed territories in the West Philippine Sea, adding that this is the usual reaction of China whenever the United States take steps in the area. (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
JULY 16 (Eagle News) — The Chinese government condemned the Philippines for conducting repair activities on a Philippine Navy ship in the West Philippine Sea. China added that the Philippines should remove the ship in the said area and that the Philippines is the real “regional troublemaker”. (Beijing, China) (Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)
Torrential rains brought by Typhoon Chan-Hom have wreaked havoc in many parts of east China’s Zhejiang Province for the past two days, including causing severe flooding, landslides and damaging many roads. A total of 20 counties in the province reported more than 100 millimeters of rainfall during a 36-hour period. In the coast city of Zhoushan, where the typhoon made landfall on Saturday afternoon, the persistent downpour led to knee-deep floodwaters in the low-lying […]
Trading in all securities were halted on the New York Stock Exchange on Wednesday following earlier reports of technical difficulties, although NYSE-listed issues was still trading on other exchanges. After the halt, U.S. stocks extended their losses, but in low volumes, with the S&P 500 hitting a session low and the Dow Jones Industrial Average and Nasdaq both falling more than 1 percent. “It’s under control. We’re just waiting for word. There’s no sign […]
(Reuters) World markets were down on Wednesday (July 8) as investors worried about Greece’s debt crisis, a meltdown in Chinese markets and a slump in commodities. Euro zone leaders on Tuesday (July 7) gave Athens until the end of the week to come up with proposals for reforms in return for loans. Without the aid, Greece is likely to crash out of Europe’s single currency bloc. Markey analyst Chris Beauchamp said but a solution […]
JULY 8 (Reuters) — China said on Tuesday (July 7) that it opposed the arbitration case brought up by the Philippines against Beijing over territorial disputes in South China Sea. Manila has sent a legal team of experts and high ranking officials in the Hague this week to fight in an unprecedented arbitration case under the United Nations’ Convention on the Law of the Sea, the Philippine foreign ministry said. It said Philippines will present […]
